Introduction:
Amidst swirling reports regarding financial assistance from the central government to Kerala, State Finance Minister K N Balagopal took to social media on Friday to address the […]
Overview:
The Supreme Court delivered a landmark ruling on Monday, stating that Members of Parliament (MPs) and Members of Legislative Assemblies (MLAs) are not immune from prosecution for […]
Introduction:
In a significant turn of events in Andhra Pradesh, the arrest of P Sarath, a former director of a private company, has brought to the forefront allegations of defrauding the […]
Overview:
Punjab has recently achieved remarkable strides in revenue collection for Goods and Services Tax (GST) and excise by the end of February. This achievement underscores the state’s […]
Finance Ministry Considers Deferment of Rule 43B (h) Enforcement
In a recent development, sources have revealed that the Finance Ministry is contemplating a deferment of the enforcement of Rule 43B (h) under the […]
Background:
In a recent development, the Kerala High Court has issued a directive to Binoy Kodiyeri, the elder son of the late Kodiyeri Balakrishnan, former State secretary of the CPI(M), to file income tax […]
India’s Economic Thrust Driven by Strong GST Revenue Surge
The Indian economy experienced a notable upswing in the December quarter, driven by robust tax collections and thriving manufacturing […]
ICAI Releases Handbook on Voluntary Liquidation Process
In February 2024, the Institute of Chartered Accountants of India (ICAI) introduced a handbook to provide guidance on the voluntary […]
Bihar Introduces ‘One-Time Settlement’ Initiative for Traders
The NDA government in Bihar unveiled a ‘one-time settlement’ initiative on Thursday aimed at providing relief to traders with tax […]
In recent months, India has experienced a notable acceleration in its economic growth, propelled by robust tax collections and a burgeoning momentum in manufacturing […]
Strengthening GST Enforcement: A National Conference
Inaugurated by Union Minister for Finance Nirmala Sitharaman, a pivotal event is set to unfold in New Delhi on March 4, 2024. The […]
Introduction:
The Finance Act of 2023 introduced Clause (h) under Section 43B of the Income Tax Act, aimed at addressing the issue of delayed payments encountered by Micro, Small, and Medium […]
Background:
The case originated from a search conducted by the Directorate General of Goods and Service Tax Intelligence (DGGI) at the business premises of M/s. K.M. Food Infrastructure Pvt. […]
Introduction:
In a notable move aimed at easing the financial strain on traders, Chief Minister Pramod Sawant of Goa announced a significant initiative today. The state government has decided […]
Inauguration of Hearings
The Supreme Court’s 9-judge Constitution Bench commenced hearings on February 27, diving deep into the complexities surrounding the taxation of mineral-bearing […]
Introduction:
In a bid to modernize and streamline import duty payments, the Indian government has introduced the Electronic Cash Ledger (ECL) as the designated mode of payment for goods […]
Introduction:
In a landmark endeavor aimed at revolutionizing regional trade efficiency, Union Finance Minister Smt. Nirmala Sitharaman inaugurated the Electronic Data Interchange (EDI) at […]
Introduction
Indirect tax experts are seeking clarity on the levy of Goods and Services Tax (GST) on corporate guarantees provided by Indian companies on behalf of their subsidiaries. A […]
Promising Start to Q4
India’s economy kicked off the fourth quarter on a positive note, as indicated by the National Council of Applied Economic Research (NCAER) in its latest economic r […]
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ConsultEase.com Interviewed.
Read InterviewConsultEase Administrator wrote a new post, “Kerala Finance Minister: No Special Aid from Centre” 4 months, 2 weeks ago
Introduction:
Amidst swirling reports regarding financial assistance from the central government to Kerala, State Finance Minister K N Balagopal took to social media on Friday to address the […]
ConsultEase Administrator wrote a new post, “Supreme Court Ends Immunity: MPs and MLAs Liable for Bribery” 4 months, 2 weeks ago
Overview:![](https://www.consultease.com/wp-content/uploads/2024/03/Yr.-2024-4.jpg)
The Supreme Court delivered a landmark ruling on Monday, stating that Members of Parliament (MPs) and Members of Legislative Assemblies (MLAs) are not immune from prosecution for […]
ConsultEase Administrator wrote a new post, “Former Director Arrested for Alleged Fraud in Andhra Pradesh” 4 months, 2 weeks ago
Introduction:
In a significant turn of events in Andhra Pradesh, the arrest of P Sarath, a former director of a private company, has brought to the forefront allegations of defrauding the […]
ConsultEase Administrator wrote a new post, “Punjab’s Fiscal Triumph: A Blend of Economic Growth and Governance” 4 months, 2 weeks ago
Overview:
Punjab has recently achieved remarkable strides in revenue collection for Goods and Services Tax (GST) and excise by the end of February. This achievement underscores the state’s […]
ConsultEase Administrator wrote a new post, Finance Ministry Mulls Delay on MSME Payment Rule 4 months, 2 weeks ago
Finance Ministry Considers Deferment of Rule 43B (h) Enforcement
In a recent development, sources have revealed that the Finance Ministry is contemplating a deferment of the enforcement of Rule 43B (h) under the […]
ConsultEase Administrator wrote a new post, Kerala High Court Directs Binoy Kodiyeri to File Income Tax Returns 4 months, 2 weeks ago
Background:
In a recent development, the Kerala High Court has issued a directive to Binoy Kodiyeri, the elder son of the late Kodiyeri Balakrishnan, former State secretary of the CPI(M), to file income tax […]
ConsultEase Administrator wrote a new post, “Fueling Growth: India’s Strong GST Revenue Momentum” 4 months, 2 weeks ago
India’s Economic Thrust Driven by Strong GST Revenue Surge
The Indian economy experienced a notable upswing in the December quarter, driven by robust tax collections and thriving manufacturing […]
ConsultEase Administrator wrote a new post, “ICAI Handbook: Navigating Voluntary Liquidation under IBC” 4 months, 2 weeks ago
ICAI Releases Handbook on Voluntary Liquidation Process
In February 2024, the Institute of Chartered Accountants of India (ICAI) introduced a handbook to provide guidance on the voluntary […]
ConsultEase Administrator wrote a new post, “Bihar’s Tax Relief: ‘One-Time Settlement’ for Traders” 4 months, 2 weeks ago
Bihar Introduces ‘One-Time Settlement’ Initiative for Traders
The NDA government in Bihar unveiled a ‘one-time settlement’ initiative on Thursday aimed at providing relief to traders with tax […]
ConsultEase Administrator wrote a new post, India’s Economic Surge: Tax & Manufacturing Momentum 4 months, 2 weeks ago
Introduction:
In recent months, India has experienced a notable acceleration in its economic growth, propelled by robust tax collections and a burgeoning momentum in manufacturing […]
ConsultEase Administrator wrote a new post, “Fortifying GST Enforcement: National Conference Highlights” 4 months, 2 weeks ago
Strengthening GST Enforcement: A National Conference
Inaugurated by Union Minister for Finance Nirmala Sitharaman, a pivotal event is set to unfold in New Delhi on March 4, 2024. The […]
ConsultEase Administrator wrote a new post, “Government’s Review of 43(b)(h): Easing MSME Payment Concerns” 4 months, 3 weeks ago
Introduction:![](https://www.consultease.com/wp-content/uploads/2024/03/Yr.-2024.jpg)
The Finance Act of 2023 introduced Clause (h) under Section 43B of the Income Tax Act, aimed at addressing the issue of delayed payments encountered by Micro, Small, and Medium […]
ConsultEase Administrator wrote a new post, Delhi High Court Rules Against Seizure of Cash under CGST Act 4 months, 3 weeks ago
Background:
The case originated from a search conducted by the Directorate General of Goods and Service Tax Intelligence (DGGI) at the business premises of M/s. K.M. Food Infrastructure Pvt. […]
ConsultEase Administrator wrote a new post, Goa Government Announces Waiver Scheme to Ease Traders’ Burden 4 months, 3 weeks ago
Introduction:
In a notable move aimed at easing the financial strain on traders, Chief Minister Pramod Sawant of Goa announced a significant initiative today. The state government has decided […]
ConsultEase Administrator wrote a new post, Robust Growth in GST Revenue for February 2024 4 months, 3 weeks ago
Overview of February 2024 GST Revenue:
Total collection: ₹1,68,337 crore
Growth rate: 12.5% increase compared to February 2023
Breakdown: Domestic transactions – 13.9% rise; I […]
ConsultEase Administrator wrote a new post, Exploring Mineral Land Taxation: Supreme Court’s 9-Judge Bench 4 months, 3 weeks ago
Inauguration of Hearings
The Supreme Court’s 9-judge Constitution Bench commenced hearings on February 27, diving deep into the complexities surrounding the taxation of mineral-bearing […]
ConsultEase Administrator wrote a new post, “Streamlining Import Duty Payments: The ECL Initiative” 4 months, 3 weeks ago
Introduction:
In a bid to modernize and streamline import duty payments, the Indian government has introduced the Electronic Cash Ledger (ECL) as the designated mode of payment for goods […]
ConsultEase Administrator wrote a new post, Revolutionizing Regional Trade: India’s Digital Leap in the North East 4 months, 3 weeks ago
Introduction:
In a landmark endeavor aimed at revolutionizing regional trade efficiency, Union Finance Minister Smt. Nirmala Sitharaman inaugurated the Electronic Data Interchange (EDI) at […]
ConsultEase Administrator wrote a new post, “Deciphering GST on Corporate Guarantees: Navigating Uncertainties” 4 months, 3 weeks ago
Introduction
Indirect tax experts are seeking clarity on the levy of Goods and Services Tax (GST) on corporate guarantees provided by Indian companies on behalf of their subsidiaries. A […]
ConsultEase Administrator wrote a new post, “India’s Economic Outlook: A Promising Start to Q4” 4 months, 3 weeks ago
Promising Start to Q4
India’s economy kicked off the fourth quarter on a positive note, as indicated by the National Council of Applied Economic Research (NCAER) in its latest economic r […]