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Disinvestment of Air India completed The strategic disinvestment transaction of Air India has been successfully completed on 27th January, 2022. This was stated by Union Minister of State for Finance...

Invitation for public comments on Draft International Financial Services Centres Authority (Fund Management) Regulations, 2022 International Financial Services Centres Authority (IFSCA), in its endeav...

The officers of Anti Evasion wing of CGST Thane Commissionerate of Mumbai Zone have arrested a couple, for GST evasion of Rs. 12.23 Crore. Based on detailed data mining and data analysis, a Thane base...

CGST Mumbai South smashes a network of fictitious firms which generated fake Input Tax Credit of Rs 49 crores Officers of CGST Mumbai South has smashed a network of fictitious firms which issued fake...

The Finance Ministry has proposed a new section, 135AA, in the Customs Act vide Union Budget 2022-23. Proposed section 135AA of Customs Act, 1962 criminalise the illicit publication of personalised, t...

1. Corporate Tax has been introduced on net income or profit of corporations and other businesses. This is a federal tax and so applicable to across Emirates. 2. There is zero tax if taxable profits a...

Article explains about New Functionalities made available for Taxpayers on GST Portal (January, 2022) which are related to GST Registration, GST Returns, GST Return, GST Payments and Changes made in F...

Officers of CGST, Navi Mumbai have busted a racket which issued bogus invoices of Rs 60 cr and fake ITC of Rs 10.68 cr & arrested proprietor of M/s Navnit Steel on 02.02.22. He has been remanded to JC...

Circular No. 3/2022 F. No. 503/1/2021-FT&TR-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (FT&TR-I) New Delhi, 3rd February, 2022 Subject: Clarification...

DATA CENTRES AND ENERGY STORAGE SYSTEMS TO BE INCLUDED IN HARMONIZED LIST OF INFRASTRUCTUREEXPERT COMMITTEE TO STUDY SCALING UP VENTURE CAPITAL AND PRIVATE EQUITY INVESTMENTRs. 5.5 LAKH CRORE INVESTED...

CENTRAL BUREAU OF INVESTIGATIONPress ReleaseCBI ARRESTS A SUPERINTENDENT OF CUSTOMS AND A COMPUTER OPERATOR IN BRIBERY CASE OF Rs. 50,000/-Press ReleaseDated: 02.02.2022The Central Bureau of Investiga...

The ChairmanCentral Board of Direct TaxesNorth BlockRaisina HillsNew DelhiReg: Non filing of Form 10-IC for AY 2020-21 by the CompaniesSubject: Request to permit filing of Form 10IC after expiration o...

Guidance on uploading of Manually submitted Form 15CA and Form 15CB with Authorised Dealers between 7th June to 15th August 2021 in accordance with Press Release dt.20th July 2021 In accordance with P...

MINISTRY OF CORPORATE AFFAIRS Important Updates Important Communication: in our continuous endeavor to serve you better, the Ministry of Corporate Affairs is launching a new way of e-filing for LLP on...

Insolvency and Bankruptcy Board of India 1st February 2022 Discussion Paper on Amendment in IBBI (Voluntary Liquidation Process) Regulations, 2017 This discussion paper solicits public comments on the...

Government of Haryana Excise and Taxation Department Haryana State GST – Intelligence Unit 29th January, 2021 Press Release Subject: – Arrest of Sh. Vinod Kumar Goyal, Proprietor, M/s S. V. INDUSTRIAL...

GST collection crossed Rs 1.30 lakh crore mark for the 4th time Revenues for the month of January 2022 15% higher than GST revenues in the same month last year and 25% higher than the GST revenues in...

Representation with respect to hardships being faced while obtaining new GST registration number & Request to issue suitable SOP and Trade Notice or Circular or Guidelines with respect to new GST regi...

TAX RELIEF TO PERSONS WITH DISABILITY TAX DEDUCTION LIMIT ON EMPLOYER’S CONTRIBUTION TO NPS ACCOUNT OF STATE GOVERNMENT EMPLOYEES INCREASED TO 14% FROM 10% INCOME FROM VIRTUAL DIGITAL ASSETS TRANSACTI...