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Development Initiatives by Govt. for MSMEs & SSIs
MSME and Small scale industries (SSI) are very important plays vital role in the economic growth of the Company because it helps in increasing employment and economic development of the country. These...
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Govt received complains against marketplace e-commerce entities
Government has received complaints from traders, retailers and industry associations against marketplace e-commerce entities regarding deep discounting, predatory pricing and misuse of market dominanc...
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Shri Deepak Das takes charge as new Controller General of Accounts
Ministry of Finance Posted On: 01 AUG 2021 10:59AM by PIB Delhi Shri Deepak Das took charge as the new Controller General of Accounts here today. Shri Deepak Das is the 25th officer to hold the positi...
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PM to launch digital payment solution e-RUPI on 2nd August
Prime Minister Shri Narendra Modi will launch e-RUPI, a person and purpose specific digital payment solution on 2nd August 2021 at 4:30 pm via video conferencing. Prime Minister has always championed...
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Govt not maintain info of operational Cryptocurrency Exchanges in India
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS RAJYA SABHA STARRED QUESTION NO.79# TO BE ANSWERED ON 27th July 2021 CRYPTOCURRENCY EXCHANGES 79 # SHRI SUSHIL KUMAR MODI Will th...
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FDI and Investment in Food Processing Sector
Ministry of Food Processing Industries Investment in Food Processing Sector Posted On: 30 JUL 2021 5:00PM by PIB Delhi Ministry of Food Processing Industries (MoFPI) is implementing a Central Sector s...
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RBI Booklet on Modus Operandi of Financial Fraudsters
BE (A) WARE A BOOKLET ON MODUS OPERANDI OF FINANCIAL FRAUDSTERS OFFICE OF THE RBI OMBUDSMAN (MUMBAI-II) MAHARASHTRA AND GOA Reserve Bank of India Table of Contents Preface There has been a sizable sur...
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Comprehensive measures taken to curb incidence of frauds in Banks
Ministry of Finance Posted On: 27 JUL 2021 As per the information received from RBI, the number of cases of frauds of Rs 500 crore and above reported by Public Sector Banks/ Indian Banks (Except Forei...
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ICAI President’s Message – August 2021
Institute of Chartered Accountants of India My Dear Professional Colleagues, For too long mankind, indiscriminately extricating natural resources has treated nature as a limitless source for its needs...
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Search conducted on CA based In Faridabad by GST Department
GOVERNMENT OF INDIA / MINISTRY OF FINANCE OFFICE OF THE COMMISSIONER, GOODS & SERVICES TAX G.S.T. BHAWAN, & BLOCK ‘C’ & ‘D”, NEW C.G.O. COMPLEX. NH-IV, FARIDABAD-121001, HARYANA (Search conducted on C...
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GST Revenue collection for July 2021
Ministry of Finance GST Revenue collection for July 2021 ₹ 1,16,393 crore gross GST revenue collected in July Posted On: 01 AUG 2021 12:24PM by PIB Delhi The gross GST revenue collected in the month o...
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राजस्थान में वेट एमनेस्टी की तारीख 1 माह के लिए और बढ़ा देनी जानी चाहिए
Ref:- AIMTPA/018/21-22 Date:- 31-Jul-2021 PRESS RELEASE Team AIMTPA द्वारा तथ्यों पर आधारित एक रिपोर्ट राजस्थान में वेट एमनेस्टी स्कीम जो इस समय चल रही है और इसका पहले फेज की अंतिम तिथि 31 जुलाई 2021...
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Rationalise Provisions of Revocation of Cancellation of GST Registration under Amnesty Scheme
Karnataka State Chartered Accountants Association has made a representation to Smt Nirmala Sitharaman, Hon’ble Chairperson, GST Council Seeking Rationalisation of Provisions Relating To Revocation Of...
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Additional charge arrangement in the grade of PCIT/PDIT
F.No. A-22011/5/2021-Ad-VI Government of India Ministry of Finance Department of Revenue (At Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 28.07.2021 Office Order No. 186 of 20...
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New Income Tax Rule 130 & 131 related to Forms, Return Orders, reports
CBDT has vide Notification No. 83/2021-Income Tax | Dated: 29th July, 2021 inserted rule 130 and Omitted various Income Tax rules and Forms. It further inserted Rule 131 which related to Electronic fu...
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CBDT amended Rule 12 of Income Tax Rules related to ITR Filing
CBDT has last amended Rule 12 of Income Tax Rules related to ITR Filing vide Notification No. 21-2021/Income Tax Dated 31st March, 2021 and now it has once again amended rule 12 vide Notification No....
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Issues in new Income Tax Portal after a month since launch
Representation to Mrs. Nirmala Sitharaman, Hon’ble Finance Minister,for issues assessee is facing in new Income Tax Portal Portal after a month since launch by Direct Taxes Professionals’ Association....
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Representation for relaxing Income Tax Prosecution provisions
Representation for substitution of Prosecution provisions under the Income Tax Act by reasonable monetary penalty as done in case of the prosecutions under the Companies Act; increasing the monetary l...
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Representation on Issues in Faceless Assessments/Penalties/Appeals
Direct Taxes Professionals’ Association made a Representation for issues assessees are facing in Faceless Assessments / Penalties and Faceless Appeals to CBDT Chairman. Full text of their Representati...
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Income Tax Dept searches Kanpur Pan Masala & real estate Group
Ministry of Finance Income Tax Department conducts searches in Kanpur Posted On: 30 JUL 2021 4:19PM by PIB Delhi The Income Tax Department carried out a search action on 29.07.2021 on a large group ba...