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Monthly GST revenues exceeds ₹ 1.4 lakh crore for sixth months in a row
₹ 1,43,612 crore gross GST revenue collected in the month of August 2022 Revenues for the month of August 2022 28% higher than the GST revenues in the same month in 2021 Monthly GST revenues more than...
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Appointment of 365 Officers in the grade of ACIT on regular basis
Office Order No.188 of 2022 [Appointment of Officers in the grade of ACIT on regular basis] F.No. A-32013/3/2019-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of D...
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Income Tax Department searches two prominent real estate groups of Kolkata
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 31st August, 2022 PRESS RELEASE Income Tax Department conducts searches in West Bengal The Income...
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I-T dept searches Transmission Tower manufacturing group in West Bengal
Income Tax Department conducts searches on a prominent Transmission Tower manufacturing group in West Bengal The Income Tax Department carried out a search and seizure operation on 24.08.2022 on a pro...
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Proposed SCOMET Policy for export of drones/UAVs
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 30th August, 2022 Subject:- Circulation of proposed ame...
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ICAI Announces the formation of SRO for Social Stock Exchange
Public Relations Committee The Institute of Chartered Accountants of India 29th August, 2022 ICAI Announces the formation of SRO for Social Stock Exchange Securities and Exchange Board of India (SEBI)...
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Centre amends Legal Metrology (Packaged Commodities) Rules 2011
Centre amends the Legal Metrology (Packaged Commodities) Rules 2011 for ease of doing business and reducing the compliance burden for the garment or hosiery sold in loose or open The amendment exempts...
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Corporate Bond Markets in India – Challenges and prospects
Reserve Bank of India(Keynote address delivered by Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India – August 24, 2022 – at the Bombay Chamber of Commerce & Industry, Mumbai)Introduction1. A...
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Dynamics of Inflation in South Asia
Reserve Bank of IndiaDynamics of Inflation in South Asia(Keynote address delivered by Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India – August 24, 2022 – at the SAARCFINANCE Semina...
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Non-availability of LLP Version 3 of MCA- 21 Portal & Filings on V2 portal
Corporate Laws & Corporate Governance CommitteeThe Institute of Chartered Accountants of India27th August, 2022ANNOUNCEMENTSub: Regarding non- availability of LLP Version 3 of the MCA- 21 Portal and C...
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176 candidates allocated region for Income Tax Inspector post
GOVERNMENT OF INDIA DIRECTORATE OF INCOME TAX HUMAN RESOURCE DEVELOPMENT CENTRAL BOARD OF DIRECT TAXES Jawaharlal Nehru Stadium, Second Floor, Lodi Road, New Delhi – 110003. F.No. HRD/ CM/ 127/11/ 202...
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Cabinet approves amendment to export policy for Wheat or Meslin Flour
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi has approved the the proposal for amendment of policy of exemption for Wheat or Meslin Flour (HS Code 1101)...
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Abolish requirements of reporting under Clause 44 of Tax Audit Report: CASS
Chartered Accountants Association, Surat has made a representation to CBDT on Inapt Amendments in Tax Audit Report Form No.3CD with respect to the information sought from Tax Auditors under Clause 44...
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CBDT notifies Andhra Pradesh Pollution Control Board under Section 10(46)
of income Tax Act, 1961 vide Notification No. 103/2022-Income Tax | Dated: 24.08.2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 103/2022-I...
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Representation on issues & disposal of cases under ‘Faceless Appeal Scheme
Gujarat Chamber of Commerce and industries has made a Representation with respect to Hardships / issues faced by the Assessee/taxpayer after introduction of Faceless Appeal Scheme, which require serio...
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Filing of 9 forms in MCA21 Version-3.0 to go live from 01.09.2022
Update on MCA21 Version -3 MCA21 version-3.0 is a technology-driven forward-looking project, envisioned to strengthen enforcement, promote Ease of Doing Business and enhance user experience. MCA21 ver...
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Income Tax Department searches Ceramic Tiles Group in Gujarat
Income Tax Department conducts searches in Gujarat The Income Tax Department carried out a search and seizure operation on 09.08.2022 on a business group primarily engaged in manufacturing and trading...
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Overseas investment rules and regulations notified
Another step towards Ease of Doing Business In line with the amendment in the Foreign Exchange Management Act 2015, Outward Investments Rules have been framed by the Government of India in consultatio...
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Govt to investigate fraudulent misuse of PAN for GST registration
Recent reports in a section of the media have highlighted a case of Sh. Girish Yadav, a resident of Khagaria, Bihar having received a letter from the jurisdictional GST authorities for recovery of GST...
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Carry out due verification before initiating Section 148/147 proceedings: CBDT
Consequent to order passed by Allahabad High Court passing severe strictures and proposing to levy exemplary cost of Rs 50 lakhs in a writ challenging reopening of assessment on wrong facts, CBDT toda...