Amendment to Maharashtra Stamp Act & Professional Tax Act
Amendment of Maharashtra State Tax on Professions, Trades, Callings and Employment Acts on 31 Jul 24: Substitution of clause(h) of Section 27A
Prudential Treatment of Bad and Doubtful Debt Reserve by Co-operative Banks
According to Accounting Standard (AS) 5, all expenses recognized in a period must be included in determining net profit / loss for that period
Establishment of GSTAT & its 36 State Benches
Central Govt. on recommendation of GST Council establishes Goods and Services Tax Appellate Tribunal (GSTAT), with effect from 1st Sep 2023
Advisory in respect of Changes in GSTR 8
Form GSTR-8 provides details of supplies effected through e-commerce operators and the amount of tax collected at source by them.
SEBI launches chatbot “SEVA” for investors
SEBI has launched SEBI’s Virtual Assistant (SEVA) – an Artificial Intelligence (AI) based conversation platform for investors.
Submission of e-verification reports & appointment of nodal officer
All companies & banks are required to appoint Nodal Officer through IEPF-2 and submit e-verification reports online through MCA Ver. 3 portal.
Maharashtra Shops and Establishments (Amendment) Rules, 2024
Maharashtra Shops & Establishments (Regulation of Employment & Conditions of Service) (Amendment) Rules, 2024 have been notified on 22 Jul’24
Verify authenticity of DGFT-issued Licences, Authorisations, etc. using UDIN
Verification of authenticity of Licences, Authorisations, Scrips, Certificates, Instruments etc. issued by DGFT using the UDIN –reg
Launch of Steel Import Monitoring System (SIMS) 2.0
SIMS 2.0: Upgraded Steel Import Monitoring System for monitoring steel imports & promoting growth of domestic steel industry
Late Fee Waiver Due to System Downtime for Budget 2024-25 Updates
Filings of Bills of Entry were not available in ICEGATE from 11 am on 23 Jul’24 (Budget Day) till completion of updating of all changes in ICES
