-
New Functionalities on GST Portal (February, 2021)- Must Know
New Functionalities made available for Taxpayers on GST Portal (February, 2021) 1. Registration i. Post TRN Login, Tracking of Registration Application Status : The Search ARN Functionality for Regist...
-
DGGI Gurugram officials arrest 2 for GST Fraud of Rs 690 crore
Ministry of Finance DGGI Gurugram officials arrest 2 men for defrauding exchequer of more than Rs 690 crore Posted On: 09 MAR 2021 4:51PM by PIB Delhi In an ongoing investigation the Directorate Gener...
-
GST compensation shortfall released to States reaches Rs. 1.06 lakh crore
Ministry of Finance 19th Instalment of Rs. 2,104 crore released to the States on Monday, 08th March, 2021 96 per cent of the estimated shortfall of Rs.1.10 lakh crore released Posted On: 09 MAR 2021 1...
-
TDS on Cash Withdrawal above Rs. 20 lakh
SB Order No. 05/2021 F.No. 109-27/2019-SB Govt. of India Ministry of Communications Department of Posts (FS Division) Dak Bhawan, New Delhi-110001 Dated: 09 .03.2021 To, All Head of Circles/Regions Su...
-
CBDT approves ‘Bennett University’ for Scientific Research – Section 35(1)
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 9th March, 2021 Notification No. 12 /2021-Income Tax S.O. 1069(E).—In exercise of the powers conferred by cla...
-
CBDT amends Rule 10V – Guidelines for application of section 9A
Ministry Of Finance (Department Of Revenue) (Central Board Of Direct Taxes) New Delhi Notification No. 13/2021-Income Tax Dated: 9th March, 2021 G.S.R. 162(E).—In exercise of the powers conferred by c...
-
I-T Dept searches 2 handling cash of others on commission basis
Ministry of Finance Income Tax Department conducts searches in Kolkata Posted On: 11 MAR 2021 12:43PM by PIB Delhi The Income Tax Department carried out search and seizure operation on 10.03.2021 on t...
-
Kolkata I-T department searches electrical equipment businessmen
Ministry of Finance Posted On: 10 MAR 2021 6:29 PM by PIB Delhi The Income Tax Department carried out search and seizure operation on 09.03.2021 on various persons based in Kolkata, engaged in the bus...
-
378 SEZs are presently notified, out of which 265 are operational
Ministry of Commerce & Industry Posted On: 10 MAR 2021 The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005...
-
Major reforms implemented to boost domestic manufacturing
Ministry of Commerce & Industry Posted On: 10 MAR 2021 The Government has implemented major reforms in the last one year to boost domestic manufacturing, industrial production and GDP growth. Producti...
-
Financial aid to states to meet GST compensation
Ministry of Finance In order to meet the shortfall in Goods and Services Tax (GST) compensation to be paid to States, the Government of India had set up a special borrowing window in October, 2020 to...
-
Action initiated to control fraudulent companies
Ministry of Corporate Affairs The term ‘Fraudulent Company’ is not defined in the Companies Act, 2013. However, Ministry of Corporate Affairs (MCA) through the Registrar of Companies (ROC) CRC at Mane...
-
3,82,875 number of Companies struck off in 3 years up to FY 2020
3,82,875 number of Companies struck off in three years up to financial year 2020 Based on non-filing of Financial Statements (FS) consecutively for two years or more, “Shell Companies” were identified...
-
ESIC beneficiaries can now avail OPD consultation from empanelled hospitals
Ministry of Labour & Employment ESIC takes major policy initiatives for better services to workers ESIC to run all new hospitals itself Benefits under Atal Beemit Vyakti Kalyan Yojana for COVID-19 ind...
-
Udyam registration simplified – GSTN requirement relaxed
Udyam Portal, a roaring success with enterprises, crosses 25 lakh registrations Even as the new Udyam Registration Portal (https://udyamregistration.gov.in) has evoked enthusiastic response amongst st...
-
IBBI gives approval to 317 companies’ resolution plans
; 1,126 companies to be liquidated As per information provided by Insolvency and Bankruptcy Board of India (IBBI), the Regulator, as on 31.12.2020, in 317 cases resolution plans have been approved and...
-
More than 81% account holders are Women under Stand Up India Scheme
Ministry of Finance MUDRA:68% of loan accounts belong to women entrepreneurs PMJDY:23.21 crore accounts out of 41.93 crore accounts belong to women Posted On: 08 MAR 2021 9:06AM by PIB Delhi Ministry...
-
MCA strikes off 10113 companies between April 2020 & February 2021
The Ministry of Corporate Affairs (MCA) administers the Companies Act, 2013 (the Act), Limited Liability Partnership Act, 2008 and Insolvency and Bankruptcy Code, 2016. There is no provision for weedi...
-
Income Tax Dept searches leading bullion trader in Tamil Nadu
Ministry of Finance Income Tax Department conducts searches in Tamil Nadu Posted On: 07 MAR 2021 12:52PM by PIB Delhi The Income Tax Department carried out searches on 04.03.2021 in the case of two Ch...
-
Details of Central Taxes collected by Union Govt for FY 2020-21
Ministry of Finance Posted On: 08 MAR 2021 Giving details of the taxes which are solely collected by the Union Government, Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Aff...