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Comments invited on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs’
Invitation for public comments on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs’ The International Financial Services Centres Auth...
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RBI Monetary Policy and Central Bank Communication
Monetary Policy and Central Bank Communication (Address by Shri Shaktikanta Das, Governor, Reserve Bank of India – March 4, 2022 – Delivered at the National Defence College, Ministry of Defence, Gover...
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CBI arrests A CA & A Joint Commissioner CGST in alleged bribery case
CBI ARRESTS A CHARTERED ACCOUNTANT AND A JOINT COMMISSIONER IN AN ALLEGED BRIBERY OF RS.FOUR LAKH; RECOVERS CASH OF RS.7.4 LAKH(APPROX) The Central Bureau of Investigation has arrested a Chartered Acc...
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Section 35(1)(ii): CBDT approves ‘Sri Shankara Cancer Foundation, Bangalore’
CBDT approves ‘Sri Shankara Cancer Foundation, Bangalore’ under the category ‘University, College or Other Institution’ for Scientific Research for section 35(1)(ii) of Income-tax Act, 1961 read with...
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29 year old man arrested for involvement in fake GST ITC racket
CGST Commissionerate, Raigad arrests 29 year old involved in fake GST Input Tax Credit racket As a part of the special Anti-Evasion drive launched by CGST, Mumbai Zone against the fraudsters and tax e...
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Exporter arrested for GST fraud
The officers of Anti Evasion wing of Thane CGST Commissionerate of Mumbai zone have arrested an exporter who is Director of a Private Limited Company, for fraudulently claiming GST Input Tax Credit (I...
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Geo-location enabled for for new GST registration & amendment
GSTN enabled a new feature of Geo-location for new registration and amendment of address for existing registration The Goods and Services Tax Network (GSTN) has enabled new feature of Geo-location for...
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Tax payers with turnover between Rs. 20 Cr to Rs. 50 Cr enabled for testing on Sandbox
As per the notification No. 01/2022-Central Tax Dated :24-02-2022, e-Invoicing is mandatory for the taxpayers with annual turnover more than Rs.20 crores from 1st April 2022. The taxpayer can check hi...
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Clarification with regard to CA/CA Firms registering on GeM Portal
Ethical Standards Board The Institute of Chartered Accountants of India 4th March, 2022 ANNOUNCEMENT Clarification with regard to Chartered Accountants in Practice/Firms of Chartered Accountants regis...
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Joint Commissioner, CGST and CA Trapped by CBI, NAGPUR
OFFICE OF HEAD OF BRANCH CENTRAL BUREAU OF INVESTIGATION ANTI CORRUPTION BRANCH CGO Complex, Block-C, 3rd Floor, Seminary Hills, Nagpur – 440 006. Tel. No. 0712-2510382, 2510150, 2510124 (T/F) PRESS N...
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CGST Comm. Ghaziabad arrests 2 for alleged involvement in GST Fraud
PRESS NOTE CENTRAL GST COMMISSIONERATE, GHAZIABAD ARRESTS TWO PERSONS INVOLVED IN GST FRAUD OF TAXABLE VALUE OF RS. 96.84 CRORES AND AVAILMENT AND UTILIZATION OF FAKE INPUT TAX CREDIT OF RS. 5.15 CROR...
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Advisory to all Indian Nationals/Students in Ukraine/Kharkiv
Embassy of India Kyiv 2nd Advisory to Indian Students in Kharkiv 2 March 2022 This Is An Urgent Advisory To All Indian Nationals In Kharkiv. For Their Own Safety And Security They Must Leave Kharkiv I...
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Reduction of Compliances Relating to Import of Goods at Concessional Rate of Duty
Reduction of compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of duty In a significant step towards Atmanirbhar Bharat, Central Board of Indi...
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ICAI advises members to file Form NFRA-2- Annual Return
Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 2nd March, 2022 ANNOUNCEMENT Sub: Regarding referring the Database of Companies and Auditors under NFRA...
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Income Tax Department searches BMC contractors
Income Tax Department conducts searches in Mumbai The Income Tax Department carried out search and seizure operations on 25.02.2022 on certain contractors executing contracts of Brihanmumbai Municipal...
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Income Tax Department conducts searches in a major Telecom Group
The Income Tax Department conducted search & seizure operations on a multinational group, engaged in distribution of telecom products and providing captive software development services, on 15.02.2022...
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Need for a unified Cyber regulatory Authority: CAIT
Amid controversy on ecommerce business, Confederation of All India Traders today sent a letter to Minister of Commerce and Industry Shri Piyush Goyal & Minister of Commerce and Industry Shri Ashwini V...
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Coverage on export transactions to Russia NOT withdrawn: ECGC
Customers advised to contact servicing branch for cover on shipments to Russia Export Credit Guarantee Corporation of India (ECGC) has clarified that the coverage on export transactions to Russia has...
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ICAI: Registration for Online Home Based Practical Training Assessment
Board of Studies (Academic) The Institute of Chartered Accountants of India 2nd March, 2022 ANNOUNCEMENT Registration for Online Home-Based Practical Training Assessment The next practical training as...
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ICAI President’s Message – March 2022
My Dear Professional Colleagues, Today while communicating with you for the first time through these pages, I consider it an absolute honour and pride to serve my beloved institute as the 70th Preside...