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Archive: 22 November 2021

Posts in 22 November 2021

Food Safety and Standards (Alcoholic Beverages) Amendment Regulations, 2021

November 22, 2021 933 Views 0 comment Print

These regulations may be called the Food Safety and Standards (Alcoholic Beverages) Amendment Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette. FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA NOTIFICATION New Delhi, the 22nd November, 2021 F. No. Std/SP-21/T(Alcohol-3).—The following draft of certain regulations further to amend […]

Refund claim made within one Month after passing of Appeal order not get time barred under Section 11B

November 22, 2021 1737 Views 0 comment Print

M/s. ACC Limited (Unit: Madukkarai Cement Works) Vs Commissioner of G.S.T. and Central Excise (CESTAT Chennai) It is clear that the litigation with regard to the demand raised in the Show Cause Notice dated 06.08.2009 has continued till 27.02.2018 whereby the Commissioner (Appeals), Coimbatore has set aside the demand, interest and penalties confirmed in the […]

3.35% Interest on deposits under Senior Citizens Welfare Fund wef 01.04.2021

November 22, 2021 1005 Views 0 comment Print

Ministry of Finance notifies interest rate at 3.35% with effect from 1st April, 2021 on deposits made under the Senior Citizens Welfare Fund. MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 22nd November, 2021 F.No. 13/20/2014-NS.—It is hereby notified that the deposits made under the Senior Citizens Welfare Fund, announced in the […]

RBI includes Baroda UP Bank in Second Schedule to RBI Act, 1934

November 22, 2021 3960 Views 0 comment Print

We advise that the name of Baroda UP Bank has been included to and names of three erstwhile Regional Rural Banks (RRBs) have been excluded from the Second Schedule to the Reserve Bank of India Act, 1934,

Mr. Sandip Garg takes charge as Executive Director, IBBI

November 22, 2021 870 Views 0 comment Print

Mr. Sandip Garg took charge as Executive Director, Insolvency and Bankruptcy Board of India (IBBI) in New Delhi today. Immediately before joining IBBI, he was serving as Commissioner (Exemptions), Income Tax, Pune.

ICAI- Is it certain that the future is uncertain?

November 22, 2021 23292 Views 10 comments Print

The professional work of a Chartered Accountant is undergoing major changes that will continue, and potentially intensify, in the future. There is a dire need to check the recent erosion of professional opportunities. Our profession is statute backed and as long as we are having a backing of such laws in our favour, the profession […]

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