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Capital Goods and Project Imports The minister announced that the Government proposes to phase out the concessional rates in capital goods and project imports gradually and apply a moderate tariff of...

The Union Minister explained that this new phase of Ease of living will be guided by an approach comprising of the following: 1. Active involvement of the states, 2. Digitisation of manual processes a...

Digital Banking: Smt Nirmala Sitharaman said that in recent years, digital banking, digital payments and fintech innovations have grown at a rapid pace in the country. Government is continuously encou...

Pradhan Mantri Awas Yojana Smt Nirmala Sitharaman also announced an allocation of Rs.48,000 crore for completion of 80 lakh houses for the identified eligible beneficiaries of PM Awas Yojana, both Rur...

PART A: India’s economic growth estimated at 9.2% to be the highest among all large economies. 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 sectors. PLI Schemes...

Hon’ble Speaker, I present the Budget for the year 2022-23. Introduction 1. At the outset, I want to take a moment to express my empathy for those who had to bear adverse health and economic effects o...

Corporate surcharge to be reduced from 12% to 7% -Spectrum auction to be conducted for 5G rollout within 2022-23 -GST collections for January 2022 highest ever at Rs 1,40,000 crore -Both Centre and St...

1. Provision for filing ‘Updated Income Tax returns’ within 2 years from end of relevant AY.2. Reduced AMT rates for Co-operatives from 18.5% to 15%.3. Reduced surcharge for Co-operatives with total i...

to service the Social Security needs of their employees. Air India Ltd applied for voluntarily covered u/s 1(4) of the EPF & MP Act 1952 which has been allowed vide gazette notification dated 13.01.20...

9.2 PERCENT GROWTH EXPECTED IN REAL TERMS IN 2021-22 GDP PROJECTED TO GROW 8.0-8.5 PERCENT IN 2022-23 PANDEMIC: GOVERNMENT’s SUPPLY SIDE REFORMS PREPARING ECONOMY FOR SUSTAINED LONGTERM EXPANSION CAPE...

PREFACE TAKES A BIRD’S EYE VIEW OF EVOLUTION OF ECONOMIC SURVEYS SINCE INDEPENDENCE NEW CHAPTER DEMONSTRATES USE OF SATELLITE & GEO-SPATIAL IMAGES TO GAUGE VARIOUS ECONOMIC PHENOMENON ECONOMIC SURVEY...

SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL SERVICES SECTOR FDI INFLOW OF $ 16.73 BILLION RECEIVED IN FIRST HALF (H1) OF 2021-22 22.8% INCREASE IN NET E...

AS PER WORLD BANK, ADB AND IMF PROJECTIONS, INDIA TO REMAIN THE FASTEST GROWING MAJOR ECONOMY IN THE WORLD DURING 2021-24 INDIAN ECONOMY TO GROW BY 9.2% IN REAL TERMS IN 2021-22 AGRICULTURE TO GROW BY...

This is to state that Firm Registration Number (FRN) will be a compulsory field for generating UDIN from 12.00 am of 1st February 2022. The FRN will be displayed in the dropdown which will be fetched...

UDIN Directorate The Institute of Chartered Accountants of India 31st January 2022 Last Date of updation of UDINs at e-filing Portal The CBDT has extended the last date for updating UDINs for all the...

CAAS appreciates the policy implementation by CGST Vadodara Zone with respect to issuing of speedy & non-invasive GST Registrations in matter of hours & at the most taking 2 days as promised under the...

Liability paid percentage = (Liability paid / Liability auto drafted) *100 Liability paid: This is the sum of total liability (Other than reverse charge and reverse charge) paid by the taxpayer in For...

CONSULTATION PAPER ON Environmental, Social and Governance (ESG) Rating Providers for Securities Markets 1. Background of this Consultation 1.1. In recent years, climate change concerns and sustainabl...

DGGI Gurugram officials bust nexus of 93 fake firms issuing fake input tax credit invoices of Rs 491 crore, arrest one The Gurugram Zonal Unit (GZU) of Directorate General of GST Intelligence (DGGI),...

Vide Notification No. 11/2022 – Income Tax | Dated: 27th January, 2022 CBDT notifies Tax Exemption to ‘West Bengal Electricity Regulatory Commission’, Kolkata, a Commission constituted by the State Go...