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SEBI Consultation Paper on Review of disclosure requirements for material events or information
Securities and Exchange Board of India Consultation Paper on Review of disclosure requirements for material events or information under SEBI (Listing Obligations and Disclosure Requirements) Regulatio...
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GST Council Newsletter for the month of October, 2022
GST Council Secretariat, New Delhi MESSAGE It is heartening to see the buoyancy in revenue collection for the past eight months where the monthly GST revenue collections were reported above 1.4 lakh c...
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NFRA introduces audit quality inspections
The National Financial Reporting Authority (NFRA) has published its audit quality inspection guidelines as a step towards further improving the quality of audit profession. The inspection guidelines a...
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Direct Tax Collections for F.Y. 2022-23 up to 10.11.2022
The provisional figures of Direct Tax collections up to 10th November, 2022 continue to register steady growth. Direct Tax collections up to 10th November, 2022 show that gross collections are at Rs....
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Consultation paper on protection of public equity shareholders in case of listed companies undergoing CIRP
Securities and Exchange Board of India Consultation Paper Framework for protection of interest of public equity shareholders in case of listed companies undergoing Corporate Insolvency Resolution Proc...
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Strengthening Governance of Market Infrastructure Institutions – SEBI Report
Committee on ‘Strengthening Governance of Market Infrastructure Institutions’ SEBI seeks public comments on the Report The Committee on Strengthening Governance of Market Infrastructure Institutions s...
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Certificates issued by Peer Review Board to Practice Units without end date
Peer Review Board The Institute of Chartered Accountants of India 10th November, 2022 ANNOUNCEMENT Sub: Certificates issued by Peer Review Board to Practice Units without end date The Practice Units m...
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MEF Form due date extended till 15th November, 2022
Professional Development Committee The Institute of Chartered Accountants of India 10th November, 2022 ANNOUNCEMENT FOR FURTHER EXTENSION OF LAST DATE FOR SUBMITTING MEF 2022-23 FROM NOVEMBER 9 TO NOV...
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Centre allows International Trade Settlements in Indian Rupees
for Export Promotion Schemes under the Foreign Trade Policy Decision to facilitate and ease international trade transactions in Indian Rupees The Government of India has made suitable amendments in th...
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Peer Review Mandate – Phase II Roll Out
Peer Review Board The Institute of Chartered Accountants of India 9th November, 2022 ANNOUNCEMENT Sub: Peer Review Mandate – Phase II Roll Out It is hereby informed that in furtherance to the Announce...
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Search and seizure action by Income Tax Department in Jharkhand
A search and seizure action was initiated by the Income Tax Department on few business groups engaged in coal trading/ transportation, execution of civil contracts, extraction of iron ore and producti...
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SEBI Consultation Paper on Cloud Framework
Securities and Exchange Board of India Executive Summary Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (...
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India Infrastructure Project Development Fund Scheme (IIPDF Scheme)
Scheme for Financial Support for Project Development Expenses of PPP Projects – ‘IIPDF Scheme’ (India Infrastructure Project Development Fund Scheme) Notified on 03.11.2022 The Department of Economic...
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Transfer/postings (Local changes) of 27 officers in the grade of DCIT/ACIT
F. No. A.22013/1/2022-Ad.VI (Part-1) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 01.11.2022 Office Order No. 24...
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Explanatory Notes to Provisions of Finance Act, 2022
CIRCULAR NO. 23/2022 F. No. 370142/48/2022-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) \Dated the 3rd of November, 2022 EXPLANATORY NOTES TO THE P...
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Haryana cancels GST registration of all non-filers of GSTR-3B till March 2021
Government of Haryana Excise and Taxation Department Press Release Date: 3rd November 2022 Haryana cancels all non-filers of GSTR-3B till March 2021 under State jurisdiction The Excise and Taxation De...
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Request to relax confusion created in new registration regime for charitable organizations
Karnataka State Chartered Accountants Association made a representation on 31.10.2022 to Minister of Finance Smt. Nirmala Sitharaman and requested to simplify the confusion created in the new registra...
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ASCI guidelines for advertising of virtual digital assets and services
Guidelines issued after extensive consultation with all stakeholders, including the government ~ Applicable to all virtual digital asset-related ads released on or after 1st April, 2022 Mumbai, Februa...
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₹1,51,718 crore gross GST revenue collected for October 2022
Second highest collection ever with, next only to the collection in April 2022 Monthly GST revenues more than ₹1.4 lakh crore for eight months in a row, with ₹1.5 lakh crore crossed for the 2nd time s...
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CBDT notifies Teacher Retirement System of Texas – section 10(23FE)
CBDT notifies CBDT notifies Teacher Retirement System of Texas as pension fund under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of Income-tax Act, 1961 vide Noti...