-
ICAI amends CPE Hours Requirements from 01st January 2023
The Institute of Chartered Accountants of India CPE HOURS REQUIREMENTS FOR EACH CALENDAR YEAR APPICABLE FROM 1-1-2023 ONWARDS 1. All the members (aged less than 60 years) who are holding Certificate o...
-
TDS deduction on Salary – Old Regime- New Regime- CBDT clarified
CBDT vide Circular No. 04/2023-Income Tax clarified that Each year, employer shall seek information from each of its employees regarding their intended Tax Regime (Old or New under section 115BAC) and...
-
National Startup Awards 2023 – Guidelines & FAQs
The National Startup Awards 2023 aim to recognize and reward outstanding startups that have demonstrated exceptional capabilities and have built innovative, scalable and impactful business solutions....
-
Coaching sector misappropriates Rs. 14 crores GST collected from students
GST collected from students misappropriated IIT coaching industry fraud worth more than Rs. 14 crores unearthed GST collected from students misappropriated Acting upon specific intelligence, the offic...
-
Finance Act, 2023: Amendment to definition of ‘Sikkimese’ only for Income Tax
Ministry of Finance Amendment to section 10(26AAA) of the Income-tax Act, 1961 by the Finance Act, 2023 Following the Hon’ble Supreme Court’s decision in Writ Petition (C) No. 59/2013 with 1283/2021,...
-
Taxes on Cooperative Societies
As per Budget announcement 2023-24, following income tax related benefits are being proposed for the Cooperative Societies: i. The new co-operative society formed on or after 01.04.2023, which commenc...
-
Income Tax Amendments applicable from FY 2023-24
What You Need to Know About Income Tax Amendments applicable from FY 2023-24 Every citizen in this country celebrates the new year at a different time based on their religion, caste, and so on. Howeve...
-
Procedural Lapses under GST & Suggestion on Amnesty Scheme 2023
BJP Professional Cell Mumbai has made two representation to Finance Minister one on Procedural Lapses under GST with Suggestions and second on GST Amnesty Scheme 2023. List of Procedural Lapses under...
-
Handbook of Procedures 2023 (HBP 2023)
Handbook of Procedures 2023 (w.e.f 1 st April, 2023) contains 11 chapters namely Legal Framework and Trade Facilitation, General Provisions Regarding Imports and Exports, Developing Districts as Expor...
-
ICSI Request for extension of time period for filing of Form CSR-2
THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) MCA: 2023 Dated:...
-
ICSI Payment of Annual Membership & COP Fee- Last Date 30.06.2023
The INSTITUTE of company Secretaries of India Payment Of Annual Membership And Certificate Of Practice (COP) Fee For The Year 2023-2024 The annual membership fee and certificate of practice fee for th...
-
Direct Tax collections for FY 2022-23 exceed Budget Estimates by 16.97%
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 3rd April, 2023 PRESS RELEASE Direct Tax collections (provisional) for the Financial Year (FY) 20...
-
Updated List of Banks For Income Tax Payments on e-Filing Portal
Updated List of banks for tax payments available at e-Pay Tax service at e-Filing Portal and OLTAS e-Payment of Taxes at Protean (previously NSDL): HDFC Bank, Punjab & Sind Bank and State Bank of Indi...
-
Comprehensive FAQs on SEBI (PIT) Regulations 2015
Preface 1. In order to keep pace with the evolving market dynamics, SEBI (Prohibition of Insider Trading) Regulations, 2015 (hereinafter “SEBI PIT Regulations” or “PIT Regulations”) have been amended...
-
ICSI: Extension of Last Date For Obtaining Mandatory CPE Credits
THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) March 31, 2023 E...
-
Electronic Cash Ledger (ECL) mandatory with effect from 01 April 2023
The Central Board of Indirect Taxes and Customs (CBIC), issued a Circular No. 09/2023 – Customs, dated 30 March 2023 to clarify on phased implementation of Electronic Cash Ledger (ECL) with effect fro...
-
Deep Analysis of Section 43B(h) Applicable from Financial Year 2023-24
A Deep Analysis of Section 43B(h) of Income Tax Act, 1961 becoming Applicable from Financial Year 2023-24 in Respect of AY 2024-25 With the insertion of new Sub Section (h) in Section 43B of the Incom...
-
Foreign Trade Policy 2023 (FTP 2023)
contain 11 chapters and applicable from 01.04.2023. 11 Chapter incudes chapters on Legal Framework and Trade Facilitation, General Provisions Regarding Imports and Exports, Developing Districts as Exp...
-
Foreign Trade Policy 2023 announced
FTP 2023 is a dynamic and open ended Policy that will accommodate the emerging needs: Sh. Piyush Goyal PM Modi has given the vision to increase exports manifold: Sh Goyal FTP seeks to take India’s exp...
-
Updation of ICAI Member’s Profile at Self Service Portal with GSTIN
Members & Students Services (Grievances Handling and e-Sahaayataa) The Institute of Chartered Accountants of India 1st April, 2023 Announcement Updation of Member’s Profile at Self Service Portal with...