# apnokaca
12 posts in `apnokaca` tag

GST Collections Approach Rs1.65 Trillion in December 2023
In December 2023, gross revenue, reflecting business transactions from November, reached Rs 1,64,882 crore.

Income Tax Department Witnesses Increase In ITR Submissions For Assessment Year 2023-2024
The Income Tax Department has seen a significant increase in the filing of Income Tax Returns (ITRs), reaching a new record of 8.18 crore ITRs for the Assessment Year 2023-2024 by December 31, 2023.

ATM Withdrawal Fees SBI, PNB, HDFC, ICICI Bank
Banks provide a set number of free ATM transactions to customers every month. If this limit is surpassed, customers will incur additional charges on each ATM transaction, whether it's financial or non-financial.

Latest UPI Transaction Limit RS 5 Lakh Per Day News
The updated UPI transaction limit regulations now allow individuals to make payments via UPI up to Rs.5 lakh per day, compared to the previous cap of Rs.1 lakh.

Filing Income Tax Returns Identifying Errors AIS
This statement is crucial for the tax department to validate the accuracy of the taxpayer's Income Tax Returns (ITR).

GST Amnesty Scheme Deadline Extended January 31
This initiative allows specific GST taxpayers to file appeals against GST tax demand orders until January 31, 2024.

EPFO Alert Withdrawal Facility Discontinuation
The Employees’ Provident Fund Organisation (EPFO) has closed the option for subscribers to withdraw a portion of their retirement savings as a Covid-19 relief measure.

Upcoming GST Return Rectification Option
An official noted that enabling the revision of GST returns could streamline the filing process and contribute to a reduction in legal disputes.

December 31 ITR Filing Process Penalties
Belated returns are filed under Section 139(4) of the Income-tax Act, 1961, while revised returns can be submitted under Section 139(5) of the Income Tax Act. The process for both is the same as filing an original ITR.

Revised GST Returns From April 2025
To implement this, the GSTN (GST Network) plans to assign the task to the next technology vendor for the GST portal, as the current service provider, Infosys, has a contract that expires on September 30, 2024.

Income Tax Return Update Specify Source of Cash
If you do not explicitly decline the option under section 115BAC (6) to opt out of the new tax regime in your ITR form, the new tax regime's rates and conditions will be applied.

Three Changes ITR Forms 1 & 4
In a surprising and welcome move, the CBDT, acting as an early Santa Claus this year, introduced changes to the ITR Forms 1 and 4 for the Assessment Year 2024-25.