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Draft IFSCA (Setting up and Operation of International Branch Campuses and Offshore Education Centres) Regulations, 2022
International Financial Services Centres Authority Press Release Invitation for public comments on draft International Financial Services Centres Authority (Setting up and Operation of International B...
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Statistics should focus on laying down pathway towards proper interpretation
Reserve Bank of India Inaugural Address by Governor, Shri Shaktikanta Das at the Statistics Day Conference on June 29, 2022 It is a privilege to inaugurate the annual ‘Statistics Day Conference’ of th...
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74th CA Day celebrated in India and across 48 countries
Public Relations Committee The Institute of Chartered Accountants of India 1st July 2022 ICAI Press Release Chartered Accountants from India and across 48 countries celebrated 74th Chartered Accountan...
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CBIC honours taxpayers contributing to the GST success story
Ministry of Finance Fifth GST Day with vision [email protected] साधन, देश के सर्वांगीण विकास का celebrated at New Delhi Union Finance Minister Smt. Nirmala Sitharaman presides over as Chief Guest on t...
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Corrigendum Notification No. 77/2022-Income Tax, Dated: 01.06.2022
to amend Notification No. 73/2022- Income Tax | Dated: 30th June, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 1st July, 2022 Notificatio...
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Notification issued for Tyre Rolling Resistance, Wet Grip & Rolling Sound
The Ministry of Road Transport and Highways has issued a notification dated 28th June 2022, amending rule 95 of the Central Motor Vehicles Rules 1989. It mandates requirements of Rolling resistance, W...
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₹1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year
Gross GST collection in June 2022 is the second highest collection next to the April 2022 collection GST collection crosses ₹1.40 lakh crore mark 5th time since inception of GST; 4th month at a stretc...
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ICAI Suggestions regarding Removal of Difficulties Order, 2022
The Institute of Chartered Accountants of India Suggestions regarding Removal of Difficulties Order, 2022 Suggestions regarding Removal of Difficulties Order, 2022 Introduction The power to remove dif...
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Cess of Rs. 23,250 per tonne imposed on crude; import of crude not to be subject to this cess
Special additional excise duty/Cesses imposed on exports of petrol and diesel at the rate of Rs 6 per litre on Petrol and Rs 13 per litre on diesel Special Additional Excise Duty (SAED) of Rs 6 per li...
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ICSI Request for providing extension of timelines for filing of Form CSR-2
THE INSTITUTE OF Company Secretaries of India PFP:MCA: 2022 28th June, 2022 Shri Rajesh Verma, IAS Secretary Ministry of Corporate Affairs Government of India Shastri Bhawan Dr. Rajendra Prasad Road N...
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185 Regular promotion in the grade of JCIT
Office Order No.129 of 2022 [Regular promotion in the grade of JCIT] F. No.A-32012/4/2021-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Bloc...
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CORRIGENDUM to Notification No. 71/2022-Income Tax | Dated: 28.06.2022
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 30th June, 2022 Notification No. 76/2022-Income Tax S.O. 2961(E).—In the notification of the Gove...
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CBDT notifies Non fungible token as virtual digital asset
Notification No. 75/2022- (Income-tax) | Dated: 30th June, 2022– CBDT specifies a token which qualifies to be a virtual digital asset as non-fungible token within the meaning of sub-clause (a) of clau...
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Exclusion of certain digital assets from definition of virtual digital asset
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 30th June, 2022 Notification No. 74/2022- (Income-tax) | Dated: 30th June, 2022 S.O. 2958(E).–In exercise of...
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CBDT Amends rule 31A and inserts new Form No. 26QF
Amendment of Income Tax rule 31A and insertion of Form No. 26QF (Quarterly statement of tax deposited in relation to transfer of virtual digital asset under section 194S to be furnished by an exchange...
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ICAI President’s Message – June 2022
Our nation has shown great resilience and willingness to overcome the ill effects of pandemic and move ahead towards the path of self-reliance. Our economy is not only able to sustain, but is also one...
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UDIN for Audit Forms/Certificates can be updated till 30.09.2022
As you are aware, the CBDT vide its press release dated 26th November 2020 has mandated the updation of the UDINs for all the IT Forms and Tax Audit Reports filed at the e-filing portal. It has been i...
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SEBI imposes penalty on RIL for JIO Facebook Deal
Parties involved: 1. Reliance Industries Limited (Noticee 1) 2. Compliance Officer, Ms Savithri Parekh (Noticee 2) 3. Compliance Officer, Mr K. Sethuraman (Noticee 3) The issues that arise for conside...
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Geopolitical Spillovers and the Indian Economy
Reserve Bank of India Geopolitical Spillovers and the Indian Economy (Keynote Address delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India – June 24, 2022 – Standalone session...
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Recommendations of 47th GST Council Meeting
GoM on Casino, Race Course and Online Gaming to re-examine the issues based on further inputs from States and submit its report within a short duration GoM to be constituted to address various concern...