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Consultation Paper on Strengthening Corporate Governance At Listed Entities
The Securities and Exchange Board of India (SEBI) has recently issued a consultation paper on ‘Strengthening Corporate Governance at Listed Entities by Empowering Shareholders – Amendments to the SEBI...
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CBDT amends Audit Report Format of Trust (Form No. 10B) & Rule 16CC & 17B
CBDT amends Rule 16CC Form of report of audit prescribed under tenth proviso to section 10(23C), Rule 17B Audit report in the case of charitable or religious trusts, etc. and ‘FORM No. 10B – Audit rep...
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Recommendations of 49th GST Council Meeting
Government of India to clear entire pending balance GST compensation of Rs. 16,982 crore for June’2022.GST Council adopts report of Group of Ministers (GoM) on GST Appellate Tribunal with certain modi...
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CBDT notifies Authority under section 138 for welfare schemes of state of Tamil Nadu
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 06/2023-Income Tax | Dated: 16th February, 2023 S.O. 731(E).—In pursuance of sub-clause (ii) of c...
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CBDT press release on out Income Tax survey operations at BBC offices
Income Tax Department carries out survey operations in Delhi & Mumbai A survey action under section 133A of the Income- tax Act, 1961 (the Act) was carried out at the business premises of group entiti...
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Maharera: Real Estate Agent Training and Certification: Guidelines
MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY 6th & 7th Floor, Housefin Bhavan, Plot No. C – 21, E – Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 Guidelines for real estate agent training and...
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Measures taken for increasing access to credit and finance for MSME
1.19 crore borrowers benefit from guarantees amounting to Rs 3.61 lakh crore under ECLGS as on 31st January 2023 The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May, 2020 as part of...
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Representation/suggestions regarding important changes in GST
Date: February 14, 2023 To, Smt. Nirmala Sitharaman, Hon’ble Minister of Finance, Government of India, Hon’ble Madam, Sub: Representation/suggestions regarding important changes in GST Myself Manoj Ag...
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Customs field formations and DRI keep constant vigil to deter smuggling of gold and drugs
The Directorate of Revenue Intelligence (DRI) celebrated its 65th Founding Day on 5th December 2022 in an Inaugural Function held in New Delhi. This was stated by Union Minister of State for Finance S...
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CBDT notifies ITR-7 for AY 2023-24/FY 2022-23
CBDT notifies ITR-7 for Assessment Year 2023-24/Financial Year 2022-23 vide Notification No. 05/2023-Income Tax Dated: 14th February, 2023. MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD O...
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CBDT notifies Income Tax Return Forms for AY 2023-24 well in advance
The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24 vide Notifications No. 04 & 05 of 2023 dated 10.02.2023 and 14.02.2023. These...
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Details of assets / Cash seized during the search & seizure operations
Seizure of black money The word ‘black money’ is not defined under the Income Tax Act, 1961, Customs Act, 1962, CGST Act, 2017, Central Excise Act, 1944 and erstwhile Chapter V of Finance Act, 2017 (r...
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Demonetisation led to detection of black money & widening of tax base
Demonetisation, inter alia, led to detection of black money, increase in tax collection and widening of tax base: Union MoS for Finance Shri Pankaj Chaudhary Demonetisation, inter alia, led to detecti...
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FAQs on Milestones & Illustrative Permissible Expenses For Reimbursement Under IFSCA (FinTech Incentive) Scheme, 2022
International Financial Services Centres Authority (A statutory authority established by Government of India) FAQs on Milestones & Illustrative Permissible Expenses For Reimbursement Under IFSCA (FinT...
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CBDT notifies ITR forms for AY 2023-24/ FY 2022-23
CBDT notifies Format & Particulars of Income Tax Return Forms ( ITR-1 SAHAJ, ITR-2, ITR-3, ITR-4 SUGAM, ITR-5, ITR-6, ITR-V) and Income Tax Return Acknowledgement (ITR-V) for Assessment Year 2023-24/F...
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CBI Registers A Case Against An Assistant Commissioner of CGST
Central Bureau of Investigation CBI REGISTERS A CASE AGAINST AN ASSISTANT COMMISSIONER OF CGST & HIS WIFE ON THE ALLEGATIONS OF POSSESSING DISPROPORTIONATE ASSETS AND RECOVERS CASH OF Rs.42 LAKH(APPRO...
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GST Council Newsletter for the month of January 2023
GST Council Secretariat, New Delhi On 26th January, the Country celebrated the 74th Republic Day therein honoring the adoption of our Constitution that has vested the supreme authority of the Republic...
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53 key regulatory reforms undertaken for startup ecosystem
Centre spearheads several initiatives under Ease of Doing Business and Reducing Compliance Burden aimed at creating a conducive business environment The Government is spearheading the initiatives unde...
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Consultation paper on mandatory listing of debt securities of listed issuers
Securities and Exchange Board of India Consultation paper on proposal for introduction of the concept of General Information Document (GID) and Key Information Document (KID), mandatory listing of deb...
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Consultation Paper on Review of Role & Obligations of Mutual Fund Trustees
Securities and Exchange Board of India Consultation Paper on Review of Role and Obligations of Mutual Fund Trustees Feb 09, 2023 | Reports : Reports for Public Comments 1. Objective To solicit public...