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A slew of systemic and cultural issues that threw top auditors off balance Each day as clamour grows for strict action against auditors, the profession finds itself at a crossroads.

Higher Threshold Limits for exemption from Registration and Payment of GST for the "Suppliers of Goods" i.e. ₹ 40 lakhs and ₹ 20 lakhs. States would have an option to decide about one of the limits within a weeks’ time.

The limit of Annual Turnover in the preceding F/y for availing Composition Scheme for Goods shall be increased to Rs 1.5 crore. (Special category States would decide, within one week,about the Composition Limit in their respective States)

Government extends deadline for GST returns filing for taxpayers affected by cyclones For taxpayers whose principal place of business is in the district of Srikakulam in Andhra Pradesh, the due date for filing GSTR-3B for the months of September and October has been extended till November 30, 2018.

#MeToo: Comapnies get insurance against harassment charges The Employment Practices Liability cover provides protection against claims from employees based on discrimination or wrongful termination or harassment.

PM Narendra Modi to unveil a CSR portal on October 24 Common portal will help companies pool their resources and align social work with key government initiatives

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Companies rush to match input tax credit with vendor returns The deadline to file this claim is October 20, while vendors can file their sales return till October 31.