A recent discussion among indirect tax experts has revived an important debate regarding the scope of the Comptroller and Auditor General’s (CAG) role in...
The Directorate General of Foreign Trade (DGFT) issued a trade notice outlining eligibility criteria and operational guidelines for extending credit assistance to micro, small and medium enterprises (MSMEs) engaged in exports through digital commerce channels under the ₹25,060-crore Export Promotion Mission (EPM).
According to the...
Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday, marking a significant moment ahead of the presentation of the...
The Karnataka High Court has held that when an assessee pays the tax along with interest prior to the issuance of a show cause notice, the statutory protection under Section 73(3) of the Finance Act, 1994 would apply in the absence of allegations of...