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Income Tax Department conducts searches in Rajkot
Ministry of Finance Posted On: 27 AUG 2021 6:42PM by PIB Delhi The Income Tax Department carried out a search and seizure operation on 24.08.2021 on a group based in Rajkot. The group is among Gujarat...
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Rationalize VAT on ATF within the range of 1% to 4%
Ministry of Civil Aviation Civil Aviation Minister urges States/UTS to rationalize VAT on ATF within the range of 1% to 4% Rationalization of VAT to give impetus to air travel To enable a multiplier e...
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4 New Updates on GST Portal as on 26.08.2021
1. Taxpayers have now been provided the facility to view/download Electronic cash or Credit ledgers for a period of 12 months. Earlier, the ledgers were allowed to be downloaded for a period of 6 mont...
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Suggestion to Implement (DIN) System in Karnataka GST
KSCAA made representation to Smt. Shikha C, Commissioner of Commercial Taxes, Karnataka and urged to implement the DIN process in the administration of taxes in Karnataka. they provided Suggestion to...
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Request for feedback-Minimising Regulatory Compliances in respect of Pharma Industry
Instruction no. 107 File No: K-43022/67/2020-SEZ-Part(1) Government of India Ministry of Commerce & Industry Department of Commerce SEZ Division Udyog Bhavan, New Delhi Dated the 26th August, 2021 To,...
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Open letter to all FMCG Companies
ALL INDIA CONSUMER PRODUCTS DISTRIBUTORS FEDERATION FMCG & TELECOM TRADE Address :- jupitor Complex, 2nd Floor, Tarabai Park,Kolhapur-416003. Email :- alcpdfindia@gmail.com Registration No. 652. Date...
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Take action against Unethical & illegal business practices in e-pharmacy trade: CAIT
Confederation of All India Traders urges Minister of Commerce and Industry Shri Piyush Goyal to initiate action against E-pharmacy companies flouting ecommerce laws & rules to invade trade of lakhs of...
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Rationalise eligibility criteria for appointment of statutory auditors of Banks
Karnataka State Chartered Accountants Association (R) made a representation seeking rationalisation of eligibility criteria for appointment of statutory auditors for of Commercial Banks (excluding RRB...
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Cabinet approves MoU between ICAI and IPAR
Ministry of Corporate Affairs Cabinet approves Memorandum of Understanding between Institute of Chartered Accountants of India (ICAI) and Institute of Professional Accountants of Russia (IPAR) Posted...
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GSTR 9C reconciliation now available and due date is 31.12.2021
Reconciliation statement (GSTR -9 ) for the FY 2020-21 is now available on the GST portal – Due date 31.12.2020The government has issued various notifications providing the details for filing of annua...
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Bank Employees Family Pension to be increased to 30% of last pay drawn
Ministry of Finance Banks’ contribution to NPS Corpus of PSU Bank employees to be enhanced to 14% Posted On: 25 AUG 2021 5:20PM by PIB Mumbai Mumbai, 25 August 2021 In a bid to provide relief to famil...
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FM unveils 4th edition of Public Sector Bank Reforms Agenda – EASE 4.0
Ministry of Finance Finance Minister unveils 4th edition of Public Sector Bank Reforms Agenda – EASE 4.0 in Mumbai Announces EASE 3.0 award winners Posted On: 25 AUG 2021 4:59PM by PIB Mumbai Mumbai,...
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CBI Files Chargesheet against 18 Accused Including CA, Businessman & Bank Manager
Central Bureau of Investigation CBI Files Chargesheet Against 18 Accused Including Chartered Accountant, Businessman; Then AGM & Then Manager of Syndicate Bank For Causing An Alleged Loss Of Rs. 209 C...
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2 more arrested by DGGI Gurugram Unit for input tax credit fraud
Ministry of Finance Posted On: 25 AUG 2021 9:31AM by PIB Delhi The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has earlier busted a case wherein total fake ITC o...
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MCA issues updated FAQs on Corporate Social Responsibility (CSR)
MCA has vide General Circular No. 14/2021 dated 25.08.2021 issued updated FAQs on Corporate Social Responsibility (CSR) and withdrawn 4 earlier FAQs and clarifications issued by it from time to time....
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348 companies fail to meet criteria for declaration as Nidhi company
Government cautions stakeholders as 348 companies fail to meet requisite criteria for declaration as Nidhi company under Companies Act 2013 and Nidhi Rules 2014 Under section 406 of the Companies Act,...
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Request for Proposal for Appointment of Internal Auditor to IBBI
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI) 1 INTRODUCTION a. The Insolvency and Bankruptcy Board of India was established on 1st October, 2016 under the Insolvency and Bankruptcy Code, 2016 (Code...
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Revised MEF Form for year 2021-22 to be live in October 2021
Professional Development Committee The Institute of Chartered Accountants of India 20th August, 2021 Multipurpose Empanelment Form (MEF) – 2021-22 You may be aware that the Professional Development Co...
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Resolve glitches in Income Tax e-filing portal by 15th Sep 2021: FM to Infosys
Ministry of Finance Posted On: 23 AUG 2021 Finance Ministry meeting with Infosys on glitches in e-filing portal of Income Tax Department Union Minister for Finance & Corporate Affairs Smt. Nirmala Sit...
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MoF Summons Infosys CEO to explain Income Tax portal glitches
Ministry of Finance has summoned Sh Salil Parekh, MD & CEO, Infosys on 23/08/2021 to explain to hon’ble FM as to why even after 2.5 months since launch of new e-filing portal, glitches in the portal h...