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Commencement of various provisions of the Companies (Amendment) Act, 2017.
MCA has enforced the provisions of Sections 5 & 6 of the Companies (Amendment) Act, 2017 effective from 27th July, 2018:Section no. of the Companies (Amendment) Act, 2017Corresponding section of the C...
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Minimise impact of GST on private security industry: FICCI
Govt. considers FICCI’s plea to minimise impact of GST on private security industryWe will do whatever is possible to reduce the 18% GST levied on the industry: MoS Finance, Shiv Pratap ShuklaNEW DELH...
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Amendments to the Goods and Services Tax (GST) Laws
The Government has proposed around 46 Amendments to the Goods and Services Tax (GST) laws viz., the Central Goods and Services Tax Act, 2017 along with the respective State Goods and Services Tax Act,...
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Month-wise Goods & Services Tax (GST) collections
Goods & Services Tax collectionsThe Government maintains month-wise data of Goods & Services Tax collection. The details of collections from July, 2017 to June 2018 are at Annexure.The accounting of G...
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E-way Bill System- Statement by Government
he E-way Bill System has been introduced nation-wide for inter-State movement of goods with effect from 1st April, 2018 while the States were given the option to choose any date till 3rd June, 2018 fo...
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Total Rs 54,378 Crores of Refunds processed under GST
Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes& Customs)*****01-August-2018Press NoteTotal Rs 54,378 Crores of Refunds processed under GSTAs part of the co...
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Two arrested for fraudulent issuance of GST Input Tax Credit invoices
Press Release by CBICCentral GST Delhi West Commissionerate arrested two Rohini based businessmen on 01.08.2018 in a case of fraudulent issuance of Input Tax Credit invoices without actual supply of g...
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Companies (Accounts) Amendment Rules, 2018 dated 31.07.2018
MCA has notified Companies (Accounts) Amendment Rules, 2018MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 31st July , 2018G.S. R. (E).—In exercise of the powers conferred by section 134 read...
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MCA notifies 2 more sections of Companies (Amendment) Act, 2017
MCA has issued Companies (Incorporation) Third Amendment Rules, 2018 and amended Companies (Incorporation) Rules, 2014 for Substitution of Explanation to Rule 3(1) relating to the meaning of the term...
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Companies (Incorporation) Third Amendment Rules, 2018
MCA has notified vide notification dated 27th July, 2018 Companies (Incorporation) Third Amendment Rules, 2018 to amend the Companies (Incorporation) Rules, 2014.GOVERNMENT OF INDIAMINISTRY OF CORPORA...
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2,25,910 companies under MCA scanner
2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2-16-17Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today tha...
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MCA ordered inquiry in 87 real estate companies
in 2017-18Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today that during the year 2017-18 and till 30.06.2018, the Ministry of Corporate Affair...
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Notices for assessment/reassessment of income of old cases
Under the provisions of Income-tax Act, 1961, notices for assessment/reassessment of income of old cases of more than six years from the end of the relevant assessment year can be issued only in the f...
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ICAI represents on Revised Form 3CD
As per icai.org Direct Tax Committee of ICAI has submitted a Representation to Chairman, CBDT with suggestions on Revised Form No. 3CD, which was revised vide Notification No. 33/2018, dated 20th July...
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LIC to acquire controlling stake of IDBI Bank- Impact
LIC to acquire controlling stake of IDBI BankCabinet approves dilution of Government shareholding below 50%The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approvedconveying of no ob...
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ICAI President’s Message – August 2018
My Dear Professional Colleagues,ICAI turned a new leaf in its glorious history by completing 69 years of working for nation-building and in public interest, and stepping into the Platinum Jubilee Year...
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ICAI Election 2018: Unsolicited SMS, WhatsApp & emails
ICAI ELECTION – 201816th July, 2018APPEAL TO MEMBERSFor Attention of Members and prospective candidates for election to the Council and Regional Councils, 2018Sub: Unsolicited SMSs, WhatsApp and email...
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GST Revenue collections for July 2018
Press Information Bureau Government of IndiaMinistry of Finance01-August-2018 15:04 ISTGST Revenue collections for July 2018The Total Gross GST Revenue collected in the month of July 2018 is Rs. 96,48...
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PIL in SC challenging withdrawal of Pending Tax Appeal Cases
Ashish Gopal Garg has challenged by way of PIL in Supreme Court Circular No. 3/2018 dated 11.07.2018 and Instruction No. F.No.390/Misc./116/2017-JC dated 11.07.2018 issued by CBDT and CBIC respectivel...
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Details of Black Money unearthed, prosecution, Search, Seizure & Surveys in last 3 Years
Income-tax Department (ITD) takes appropriate action against black money which is an on-going process. Such action under the Direct Tax laws includes searches, surveys, enquiries, assessment of income...