Biometric Authentication Begins at 46 GST Service Centres to Curb Registration Fraud

21 Nov, 2024

IntroductionBiometric authentication, a game-changer in fraud prevention, is now live at 46 GST service centres. This initiative uses Aadhaar-based verification to ensure only genuine entities obtain GST registrations. The move aims to enhance transparency, reduce fraud, and bolster taxpayer confidence. The system mandates biometric verification for applicants flagged during GST registration. This ensures only legitimate […]

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Apple’s Bollywood Blockbuster in India: Revenue Soars by 36%

21 Nov, 2024

📈 Apple’s India Growth: A Closer Look Apple India’s Revenue fiscal year 2023-24 performance in India is nothing short of a blockbuster. The tech giant reported a 36% revenue increase, reaching ₹67,122 crore. Meanwhile, its profits grew by 23%, touching ₹2,746 crore. 💡 Key Highlights from Apple’s India Strategy Metric FY 2023-24 Figures Growth Rate […]

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GST Compliance Alert – New Time Limit for Reporting e-Invoices

21 Nov, 2024

Efficient compliance with GST regulations is a priority for businesses. Starting 1st April 2025, taxpayers with an Aggregate Annual Turnover (AATO) of ₹10 crore and above must report their e-invoices to the Invoice Registration Portal (IRP) within 30 days. This advisory, issued by the GSTN, sets a critical compliance framework for businesses falling within this […]

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🌞 Gautam Adani and Associates Face Legal Heat: $250M Bribery Scandal Exposed

21 Nov, 2024

Unpacking the $250M Bribery Scandal Gautam Adani, one of India’s wealthiest individuals, along with key executives, is under fire for a massive bribery and fraud case. The allegations claim over $250M Bribery Scandal were paid to Indian officials to secure solar energy contracts expected to yield $2 billion in profits over 20 years. This case […]

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Zomato’s Bold Chief of Staff Offer: A Risky Recipe or Innovative Idea?

20 Nov, 2024

Zomato has stirred the employment pot with a unique offering for its Zomato Chief of Staff position—a role that demands candidates to forgo a salary for the first year while contributing ₹20 lakh to the company. This bold approach has sparked debates across social media, leaving many questioning whether it’s an ingenious strategy or a […]

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Jaguar’s New Rebrand: A Bold Leap Into the Future

20 Nov, 2024

Jaguar, a name synonymous with luxury and performance for over a century, has embarked on a journey to redefine its identity. In a recent rebrand, the British automaker unveiled a fresh look—complete with a redesigned logo and a bold vision for its all-electric future. However, the rebrand raised eyebrows as it focused on abstract artistry […]

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Tax Benefits Under PMAY: Unlock Savings on Your Dream Home

20 Nov, 2024

Making Homeownership Affordable: Tax Benefits Under PMAY The Pradhan Mantri Awas Yojana (PMAY) has redefined housing in India, offering tax incentives that make owning a home more accessible and affordable. With schemes targeting different income groups, the government has transformed the dream of owning a home into a tangible reality while offering substantial tax relief. […]

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How to Resolve GSTR 2B Input Tax Issues for FY 2023-24

20 Nov, 2024

The Goods and Services Tax Network (GSTN) has issued an advisory to help taxpayers address GSTR 2B input tax issues that could affect their ability to claim Input Tax Credit (ITC). Taxpayers must resolve these problems by November 30, 2024, to ensure compliance and maintain cash flow. Failing to upload invoices on the GST portal […]

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Retrospective GST Cancellation: Why Specific Reasons Matter

20 Nov, 2024

Retrospective GST registration cancellations have created significant challenges for taxpayers. In a landmark decision, the Delhi High Court clarified that cancellations under Section 29(2) of the GST Act 2017 must be backed by specific, objective reasons. The case underlines the importance of fair procedures and transparency in tax administration. Key Ruling: Specific Reasons Are Mandatory […]

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Navigating SEBI New SME IPO Regulations

20 Nov, 2024

The Securities and Exchange Board of India (SEBI) is considering significant changes to the SEBI SME IPO rules landscape, aimed at improving transparency and stability. These reforms could reshape how small and medium enterprises (SMEs) access public capital, while also impacting investors. Let’s explore the proposed changes and their implications. What’s Changing in SME IPO […]

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