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ICAI President’s Message – August 2022

August 1, 2022 831 Views 0 comment Print

Chartered Accountants are acknowledged and respected all across the Globe not only because of their expertise in the fields of Accounts, Finance & Taxation but also due to their adaptability to cope with the changes that are taking place in the emerging areas such as Sustainability, Forensic, Information Technology etc.

Cut-off-date for admission/registration/enrollment of CMA students extended

August 1, 2022 1089 Views 0 comment Print

Cut-off-date for admission/registration/enrollment of students for December-2022 term of Examination is extended up to 10th August (Wednesday), 2022. In a similar line, the 2nd installment payment for students already admitted/registered/enrolled in Foundation/Intermediate/Final Course also stands extended up to 10th August (Wednesday), 2022 for December-2022 term of Examination. THE INSTITUTE OF COST ACCOUNTANTS OF INDIA Ref. […]

Representation In Respect to Due Date for Filing Income Tax Returns

July 30, 2022 17001 Views 1 comment Print

Bikaner Tax Consultants Association has made a representation to Union Minister of Finance, Chairman, Central Board of Direct Taxes and Revenue Secretary, Government of India on 29.07.2022 for extension of due date of Income Tax Returns (For Non-Audit Cases).  Relevant text of their representation is as follows:-   SUBJECT: REPRESENTATION IN RESPECT TO DUE DATE FOR FILING […]

Income Tax Department searches two business groups in Tamil Nadu

July 30, 2022 507 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 20.07.2022 on two business groups; one engaged in real estate, and the other in contracts related to road and railway construction.

Government measures resulted in increased FDI inflows

July 29, 2022 369 Views 0 comment Print

Government has put in place a liberal and transparent policy for attracting Foreign Direct Investment (FDI), wherein most sectors, except certain strategically important sectors, are open for 100% FDI under the automatic route.

Government’s Efforts to Increase Export of Steel

July 29, 2022 414 Views 0 comment Print

The Government has taken following measures for increasing investment and export in the Steel sector: – i. Notification of :- a. National Steel Policy 2017 which envisages, inter-alia, domestically meeting the entire demand of steel and high-grade automotive steel, electrical steel, special steel and alloys for strategic applications. b. Domestically Manufactured Iron & Steel Products […]

Request for Extension of date of normal return of income Tax till 31st August

July 29, 2022 12819 Views 4 comments Print

Last date of filing of Income Tax return is 31st July. But you know that  last year work of financial year ending March 2021 is completed in the March 2022 and now all the tax payers salaried and general tax payer’s last date is 31st July and non-audited return is also 31st July

Request to extend the due date for filing of Income Tax Returns

July 29, 2022 10461 Views 1 comment Print

Taxation Bar Association Agra Requested to extend due date for filing of Income Tax Returns in non-audit cases to 31st August, 2022

ECGC introduces new scheme providing enhanced export credit risk insurance

July 28, 2022 1335 Views 0 comment Print

ECGC has introduced a new scheme to provide enhanced export credit risk insurance cover to the extent of 90% to support small exporters under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment (ECIB- WTPC & PS).

Request to extend due date for filing Non Audit ITR to 31.08.2022

July 28, 2022 13329 Views 0 comment Print

Extend the due date of filing income tax return for all salaried & non-corporate tax payers (not subject to audit) to 31.08.2022.

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