Corrigendum to Rules and Forms for Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024
On September 27th, 2024, the Government of India, Ministry of Finance, Department of Revenue, (Central Board of Direct Taxes) published a Corrigendum to the Rules and Forms for Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024
Extension of Timelines for filing of various reports of Audit for Assessment Year 2024-25
Due Date to furnish Tax Audit Report in for FY 23-24 for following assessee has been extended from 30th September 2024 to 7th October 2024
Archival of GST Returns data on GST portal
GST department has issued an update w.r.t. ‘Archival of GST Returns data on GST portal as on 24 September 2024
Form CSR 2 to be filed separately for F.Y. 23-24
MCA has notified that for FY 2023-24, Form CSR-2 shall be filed separately on or before 31st December, 2024.
Updation of Master Direction – Reporting under FEMA 1999
On September 16, 2024, the RBI updated the Master Direction on Reporting under FEMA 1999, which applies to all Authorized Persons and outlines the various reports and forms that must be submitted under FEMA.
Modification in the Announcement Module on NEAPS platform
The Listed Entities are requested to take note of the aforementioned requirements, use the specific subjects for the disclosures and exercise abundant precaution while filing the disclosure/announcement under Regulation 30 of SEBI LODR.
SEBI Enables T+2 trading of Bonus shares where T is the record date
With a view to streamline the process of Bonus issue of equity shares, SEBI in consultation with the market participants, has decided to reduce the time taken for credit of bonus shares and trading of such shares, from the record date of the Bonus Issue under SEBI (ICDR) Regulations, 2018.
Draft Manual on Invoice Management System released on GST portal
A Draft Manual on Invoice Management System (IMS) was released on the GST portal on September 17, 2024.
CBDT notifies Rules and Forms for Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024
Central Board of Direct Taxes (CBDT) has introduced the Direct Tax Vivad Se Vishwas Scheme, 2024 (DTVSV, 2024) to address pending appeals in case of income tax disputes. This scheme will take effect from October 1, 2024.
Clarification on holding of AGM and EGM through VC or OAVM
Clarification on holding of AGM (Annual General Meeting) and EGM through Video Conference (VC) or other Audio Visual Means (OAVM)