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Advisory for Company Secretaries: Compliance Guidelines
Introduction: In the rapidly evolving corporate landscape, professional excellence remains paramount. The Company Secretaries in India received a crucial advisory on 24th August 2023, aimed at strengt...
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ICSI Professional Programme: New Syllabus 2022 Insights
Introduction: The Institute of Company Secretaries of India (ICSI), striving for professional excellence and under the oversight of the Ministry of Corporate Affairs, has ushered in its Professional P...
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Revised NOC Guidelines for Company Secretaries’ Training
Introduction: The Council of the Institute has unveiled the revised NOC guidelines for the training of Company Secretaries in India. This announcement is poised to make the training process more trans...
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CA Exam Mock Test Papers: Series I & II for CA Foundation, Final & Intermediate
The Institute of Chartered Accountants of India (ICAI), under its Board of Studies (Academic) banner, has recently announced the commencement dates for the Mock Test Paper Series, providing a valuable...
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CGST Navi Mumbai Cracks Down on Rs 5 Crore ITC Fraud
On August 25, 2023, CGST Navi Mumbai undertook a significant operation leading to the arrest of the proprietor and key personnel from six firms. They are charged with availing, utilizing, and passing...
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Illegal ITC Availment Arrest: CGST Navi Mumbai Cracks Down
Introduction: In a significant move against tax evasion, CGST Navi Mumbai apprehended a proprietor/key person involved in illicitly availing and utilizing counterfeit Input Tax Credit (ITC) amounting...
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India-Bangladesh 14th JGC Meeting Boosts Customs Cooperation
Discover the highlights of the 14th Joint Group of Customs (JGC) meeting between India and Bangladesh, which took place in New Delhi on August 21st and 22nd, 2023. This annual meeting plays a crucial...
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CBI Cases: Superintendent of Customs & Companies Under Scrutiny
Introduction: The Central Bureau of Investigation (CBI), one of the premier investigative agencies in the country, has embarked on another notable investigation. This time, the key figure under the sc...
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Revamped CBDT Income Tax Website: Features & Insights
Embracing modern technology and design principles, the Central Board of Direct Taxes (CBDT) has launched a transformed version of its National website, www.incometaxindia.gov.in. Introduced by Shri Ni...
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Income Tax, Tax Audit and Trust Glossary
Income Tax Glossary Advance Ruling : The Advance Ruling is a mechanism that helps in bringing certainty in the determination of tax liability on a particular transaction. Advance tax : The scheme of a...
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Consultation on NRI & OCI Participation in SEBI-Registered FPIs at IFSCs
Securities and Exchange Board of India Consultation Paper on permitting increased participation of Non – Resident Indians (NRIs) and Overseas Citizens of India (OCIs) into SEBI registered Foreign Port...
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New Paper Exemption Rules for CA Exams from May 2024
The Institute of Chartered Accountants of India (ICAI) has brought forward significant announcements on the 24th of August, 2023. These focus on the exemption(s) from appearing in specific papers or e...
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GSTN Issued Advisory for Mera Bill Mera Adhikaar Scheme
The Goods and Services Tax (GST) framework has seen continuous refinements since its inception, aimed at simplifying processes for taxpayers and ensuring a transparent system. The latest addition is t...
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Government Launches ‘Mera Bill Mera Adhikaar’ Invoice Incentive Scheme
Introduction: The Government of India, in collaboration with State Governments, is introducing the ‘Mera Bill Mera Adhikaar’ Invoice Incentive Scheme from September 1st, 2023. This initiative aims to...
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Instructions on Implementing Abhisar Buildwell SC Judgment by CBDT
Introduction: In a significant development, the Central Board of Direct Taxes (CBDT) has issued detailed guidelines for Assessing Officers (AOs) pertaining to the execution of the Supreme Court’s judg...
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Notification No. 69/2023: Income Tax exemption to Swasthya Sathi Samiti’s Income
Introduction: The Ministry of Finance, under its Department of Revenue and the Central Board of Direct Taxes, has announced Notification No. 69/2023, dated 23rd August 2023. This sheds light on the sp...
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Income Tax Notification 68/2023: Exemption to UIDAI’s Specified Income
Introduction: The Ministry of Finance, under the Department of Revenue and the Central Board of Direct Taxes, has released Notification No. 68/2023 pertaining to the Income-tax Act of 1961. This notif...
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Punjab Building & Construction Welfare Board: Income Tax Exemption Notification
Introduction: Notification No. 67/2023, dated 23rd August, 2023, issued by the Central Board of Direct Taxes, addresses the classification of Punjab Building and Other Construction Welfare Board under...
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District Mineral Foundation Trust: Income Tax Exemption Notification 2023
Introduction: The Central Board of Direct Taxes has issued Notification No. 66/2023, dated 23rd August, 2023, under section 10(46) of the Income-tax Act, 1961. This notification pertains to the classi...
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National Judicial Data Grid: Empowering Access to Legal Information
Introduction: In the digital age, access to legal information and proceedings is paramount for a transparent and efficient judicial system. The National Judicial Data Grid (NJDG), an integral part of...