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NICAI Updates: Tax and GST News by ABC CONSULTEASE is a document available to read on EtoBox.
What is NICAI Updates: Tax and GST News about?
The NICAI updates highlight a 23.51% increase in direct tax collections, reaching over Rs 8.65 lakh crore by mid-September. It also notes the allowance of non-corpus donations to certain charitable trusts and clarifies that the Income Tax Deeming section 69 does not apply when surrendered income is proven to be business income. Additionally, GSTN has activated geocoding functionality for additional business addresses and aims to improve credit access for MSMEs.
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- ABC CONSULTEASE
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- EN