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Implementation of E Commerce rules under Consumer Protection Act
Confederation of All India Traders “Vyapur Bhawan” 925/1, Naiwala, karol Bagh,New Delhi-110005. Phone: +91-11-45099884, Telefax:+91-11-45032665 Email: teamcait@gmail.com Website: www.cait.in Ref No.:...
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52,391 entities recognized as startups
Ministry of Commerce & Industry More than 5.7 lakh jobs have been reported by such start ups. As per Industry estimates, there are 53 unicorns currently in India, with a tentative valuation of Rs. 1.4...
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FAKE News: Finance Ministry will give 1.3 lakhs every month!
PIB Fact Check has cautioned public that below WhatsApp forward claiming that Ministry of Finance is providing emergency cash where recipients will receive Rs 1,30,000 per month for 6 months is FAKE!...
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Consultation Paper on Proposed IFSCA (Capital Market Intermediaries) Regulations, 2021
Ministry of Finance Invitation for public comments on proposed International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021 Posted On: 28 JUL 2021 8:03PM by PIB...
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ICAI supports Cabinet decisions to approve 30 amendments to LLP Act 2008
ICAI endorses & supports Cabinet Decisions to approve the 30 amendments to LLP Act 2008 through the LLP (Amendment) Bill 2021 which will provide more traction & pace to ease of doing business policy....
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Centre borrows again to pay GST Compensation to States: Critical Analysis
1.0 Brief Background The GST compensation cess is levied under Section 8 of the GST (Compensation to States) Act, 2017 to compensate the States for any loss of revenue arising on account of implementa...
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SOP for handling writ petition in case of faceless assessments
N.A.F.A.C-1/58/2021-22/333 Date: 26-7-2021 National Faceless Assessment Centre, Delhi 2nd Floor, Jawaharlal Nehru Stadium, Delhi-110003 To, All Principal Chief Commissioners of Income-tax Sub:- Standa...
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CBDT amended Rule 12 of Income Tax Rules related to ITR Filing
CBDT has last amended Rule 12 of Income Tax Rules related to ITR Filing vide Notification No. 21-2021/Income Tax Dated 31st March, 2021 and now it has once again amended rule 12 vide Notification No....
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Guidelines for Technical Standards for Performance of Core Services & Other Services (Amendment), 2021
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA New Delhi, the 26th July, 2021 AMENDMENT TO THE GUIDELINES FOR TECHNICAL STANDARDS FOR THE PERFORMANCE OF CORE SERVICES AND OTHER SERVICES UNDER THE INSOLVENCY...
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April-June 2021 Taxalogue e-Jounral by CBDT
1. This is the 8th issue of e-journal ‘Taxalogue’, my last as Editor-in-Chief, as I am superannuating on 31st August, 2021. The first issue was released on Aayakar Diwas on 24th July, 2019 at Dr. Ambe...
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72% of financial transactions of PSBs via digital channels
Ministry of Finance Measures taken to facilitate digital banking Nearly 72% of financial transactions of PSBs done through digital channels Active customers doubled on digital channels from 3.4 crore...
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List of valid Nominations for CS EIRC Election
The Institute of Company Secretaries of India ICSI/ Election-2021 27th July, 2021 Sub: Election to the Council from Eastern India Regional Constituency-2021 -List of valid Nominations The Nominations...
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ICAI: Applicable date of certain deferred provisions of Revised Code of Ethics, 2019
Ethical Standards Board The Institute of Chartered Accountants of India 26th July, 2021 ANNOUNCEMENT Sub. : Applicable date of certain deferred provisions of Volume-I of Revised Code of Ethics, 2019....
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Key features of SPICe+ & Ministry initiative for Ease of Doing Business
As part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs has deployed a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the ea...
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Government identified 2,38,223 companies as shell companies
Ministry of Corporate Affairs Government identified 2,38,223 companies as shell companies between 2018-2021 Posted On: 27 JUL 2021 There is no definition of the term “Shell Company” in the Companies A...
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320 foreign companies registered in India between 2018 and 2021
Ministry of Corporate Affairs Posted On: 27 JUL 2021 A total of 320 foreign companies registered in the country during the last three years. This was stated by Union Minister of State for Corporate Af...
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Undisclosed credits of Rs. 20078 cr found in Panama Papers Scam
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO. 84 ANSWERED ON 27-07-2021 PANAMA PAPERS SCAM 84. SHRI SUKHENDU SEKHAR RAY: Will the Minister of Finance b...
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Corporate tax lags behind personal tax collection in Year 2020-21?
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO *90 ANSWERED ON 27-07-2021 CORPORATE TAX COLLECTION *90 Shri G.C. Chandrashekhar: Will the Minister of Fin...
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No cases of Non-Compliance of CBDT orders on Not Filing Appeal
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO- *80 ANSWERED ON- 27-07-2021 NON-COMPLIANCE OF CBDT ORDERS ON NOT FILING APPEAL *80. SHRI SHAKTISINH GOHIL...
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Direct tax collection doubled for first quarter of current fiscal
Ministry of Finance Posted On: 27 JUL 2021 Direct tax collection for the first quarter of the current fiscal has doubled. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary i...