GET SET TAXES

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Time to verify your AIS on your income tax account . In case of mismatch get it rectified by raising objection.
If the mismatch is due to error at your end while filing income tax return , get it corrected by filing updated return. This will help in avoiding initiation of 148 proceedings for reassessment.
Prevention is better than cure.
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The "Inter State" supply of goods through e-commerce operators is still not permitted under the Composition Scheme

New Update

GST collection for June 2023.

₹1,57,090 crore gross GST revenue collected for May 2023. The government has settled ₹35,369 crore to CGST and ₹29,769 crore to SGST from IGST. The total revenue of Centre and the States in the month of May 2023 after regular settlement is ₹63,780 crore for CGST and ₹65,597 crore for the SGST.

All time high GST collection was seen in April 2023.

change

Update
Earlier, The GST Council had recommended to waive the late fee for delay in filing Form GSTR-4 and to extend the waiver of late fee for delay in filing Form GSTR-4 for the Financial Year (“FY”) 2021-22 till July 28, 2022.
But now there is a latest update on it

Adani group shares crashed by ₹42 Lakh crores after the allegation by the American Research firm Hindenburg. Here are 3 major problems highlighted in the report.