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MCA notifies maximum Remuneration payable by companies having no profit or inadequate profit to other director or directors (non-executive director or an independent director) by amending Schedule V o...

Ministry of Finance Income Tax Department conducts searches in Haryana Posted On: 18 MAR 2021 The Income Tax Department carried out search on 17.03.2021 on a group engaged in the business of real esta...

Demand of Indian Products in International Market India’s share in world merchandise exports remained constant at 1.7% in 2017, 2018 and 2019 (Jan-Dec). However, India’s rank as an exporter improved f...

The Corona Virus outbreak in China initially impacted the supply chains of Indian industries which are dependent on China for import of components, intermediaries and raw materials. Thereafter, the Ch...

The Institute of Cost Accountants of India (Statutory body under an Act of Parliament) March 18, 2021 PRESS NOTE CMA Qualification Equivalent to PG-Degree as recognized by UGC The University Grants Co...

Public Relations Committee The Institute of Chartered Accountants of India 16th March, 2021 ICAI PRESS RELEASE Chartered Accountancy Qualification Equivalent to Post Graduate Degree Opportunities for...

In a tweet Anurag Thakur, MoS for finance has clarified that there is No such proposal for scrutiny of GST assessment in a faceless mode is under consideration of the government presently as the GST l...

Latest Updates: 17/03/2021 1. e-Way Bill cannot be generated with only SAC codes(99) for Services, minimum one HSN code belonging to Goods is mandatory. 2. Vehicle type ODC is provisioned for transpor...

Important GST Update IFSC of below 8 banks are changed due to merger. Taxpayers may update their Bank Account details through non-core Amendments and update refund application, in case failed due to v...

Classification of Taxpayers Tax payers are required to select their business activity only once, as – Manufacturer, wholesaler/Distributor/Retailer, service providers & others post login based on high...

Tax bar Association has made a representation with a to Request to include some important points under Rajasthan VAT Amnesty scheme as introduced by Notification No. No.F.12(29) FD/Tax/2021-269 dated...

Confederation of All India Traders “Vyapar Bhawan“ 925/1, Naiwala, Karol Bagh,. New Delhi- 10005. Phone: +91-11-45032664, Telefax: +91-11-45032665 E-mail: teamcait@gmail.com, Website : www.cait.in 13t...

CBDT issues clarification on continuation of concessional rate of tax on interest income of FPIs. It has been clarified that the concessional rate of 5% will continue to be applicable on certain inter...

Ministry of Corporate Affairs Posted On: 16 MAR 2021 As per data provided by the National Company Law Tribunal (NCLT), 149 in the year 2018, 103 in the year 2019 and 72 in the year 2020 making a total...

Ministry of Finance Posted On: 16 MAR 2021 8:12PM by PIB Delhi The IFSCA Authority (Authority) met on March 15, 2021 and inter alia took the following decisions: 1. IFSCA (Market Infrastructure Instit...

Export Promotion The Government of India has launched the Trade Infrastructure for Export Scheme (TIES) scheme w.e.f FY 2017 -18 to assist Central and State Government agencies for creation of appropr...

Haryana Govt. Presents Rs 1.55 lakh Cr. Budget for the 2021 -22 Fiscal Year. Health, Agriculture, and infrastructure Are the Key Priority Areas Haryana government proposed Rs 1.55 lakh crore budget fo...

Press Release 16th March 2021 An inspection was conducted on a taxpayer registered in Jagadhri, Yamunanagar dealing in supply of Mobile Phones and other electronic items mainly through E-Commerce plat...

Important GST Update IFSC of below 8 banks are changed due to merger. Taxpayers may update their Bank Account details through non-core Amendments and update refund application, in case failed due to v...