by gstsuvidhacenterWB093 | May 29, 2025 | Tax, Legal & Accounting
The National Company Law Tribunal (NCLT) in Ahmedabad has ordered the freezing and attachment of all bank accounts and lockers belonging to Gensol Engineering Limited and its associated entities.The action follows a complaint filed by the Ministry of Corporate Affairs...
by gstsuvidhacenterWB093 | May 29, 2025 | Tax, Legal & Accounting
India’s tax revenue is projected to rise to 12.0% of GDP in FY2025–26—from the peak 2007–08—signalling robust tax buoyancy, rising economic formalisation, and continued revenue mobilisation efforts, according to the Reserve Bank of India’s latest Annual Report.The...
by gstsuvidhacenterWB093 | May 29, 2025 | Tax, Legal & Accounting
NEW DELHI: The Institute of Chartered Accountants of India (ICAI) has approved a crucial draft regulatory framework which will enable domestic chartered accountant firms to tie up with their global peers to set up shop in the country, said its president Charanjot...
by gstsuvidhacenterWB093 | May 28, 2025 | Tax, Legal & Accounting
New Delhi: Customs authorities have imposed penalties totalling over Rs 2.76 crore on IndiGo, which said it will appeal against the orders imposing fines. The Principal Commissioner of Customs, Ahmedabad, Gujarat, has slapped a penalty of Rs 2.20 crore while Principal...
by gstsuvidhacenterWB093 | May 28, 2025 | Tax, Legal & Accounting
New Delhi: The income tax department has extended the deadline for filing of tax returns by individuals from July 31 to Sept 15 in the wake of several amendments to the law, which have necessitated revisions in the notified ITRs for this assessment year, requiring the...
