"31 January 2022" Archive

High Court cannot interfere with the views taken by tender inviting authority: SC

Agmatel India Pvt. Ltd. Vs Resoursys Telecom (Supreme Court of India)

The only requirement of law, for such process of decision making by the tender inviting authority, is that it should not be suffering from illegality, irrationality, mala fide, perversity, or procedural impropriety. No such case being made out, the decision of the tender inviting authority (NVS) in the present case was not required to be ...

Read More

Key Highlights of Economic Survey 2021-22

9.2 PERCENT GROWTH EXPECTED IN REAL TERMS IN 2021-22 GDP PROJECTED TO GROW 8.0-8.5 PERCENT IN 2022-23 PANDEMIC: GOVERNMENT’s SUPPLY SIDE REFORMS PREPARING ECONOMY FOR SUSTAINED LONGTERM EXPANSION  CAPEX GROWS BY 13.5 PERCENT (YoY) DURING APRIL-NOVEMBER, 2021 FOREIGN EXCHANGE RESERVES TOUCH  US$ 633.6 BILLION ON 31st DECEMBER, 2021  M...

Read More
Posted Under: Finance |

GST Liability paid percentage – Calculation methodology

Liability paid percentage – Calculation methodology Liability paid percentage = (Liability paid / Liability auto drafted) *100 Liability paid: This is the sum of total liability (Other than reverse charge and reverse charge) paid by the taxpayer in Form GSTR-3B for a particular period. This also includes the amount paid by the taxp...

Read More
Posted Under: Finance |

Constitution (Scheduled Tribes) Order (Amendment) Bill, 2022 introduced in Lok Sabha

Bill No. 21 of 2022 31/01/2022

Constitution (Scheduled Tribes) Order (Amendment) Bill, 2022 seeks to amend the Constitution (Scheduled Tribes) Order, 1950, by amending the list of Scheduled Tribes in the State of Tripura. The amendment in the list of Scheduled Tribes relating to the State of Tripura may entail additional expenditure on account of benefits to be provide...

Read More

FRN compulsory for UDIN Generation from 1st February 2022

Sub: FRN will be compulsory field for UDIN Generation from 12.00 am of 1st February 2022 This is to state that Firm Registration Number (FRN) will be a compulsory field for generating UDIN from 12.00 am of 1st February 2022. The FRN will be displayed in the dropdown which will be fetched from the SSP […]...

Read More
Posted Under: Finance | ,

Obligation of GST department if appellant files GST Appeal on State Portal instead of Central Portal

Appeal filed to Central Portal of GST instead of State Portal of GST – ‘obligatory on the part of the authorities concerned in such an event to bring it to the notice of the appellant that the appeal has been filed before the wrong authority’. Case – Tropical Beverages Pvt. Ltd. Vs Union of India […]...

Read More
Posted Under: Finance |

Empanelment For Concurrent Audit with J&K Grameen Bank

J&K Grameen Bank invites applications on the under-noted prescribed format from Bank Retirees as well as practicing ‘Firms / Partnership firms of Chartered/Cost Accountants in India’ who fulfill the eligibility criteria as mentioned hereunder and are willing to serve J&K Grameen Bank as Concurrent Auditors for conducting Concurrent Au...

Read More
Posted Under: Finance | ,

Central Theme of Economic Survey 2021-22 is ‘Agile Approach’

PREFACE TAKES A BIRD’S EYE VIEW OF EVOLUTION OF ECONOMIC SURVEYS SINCE INDEPENDENCE NEW CHAPTER DEMONSTRATES USE OF SATELLITE & GEO-SPATIAL IMAGES TO GAUGE VARIOUS ECONOMIC PHENOMENON ECONOMIC SURVEY REVERTS TO A SINGLE VOLUME PLUS A SEPARATE VOLUME FOR STATISTICAL APPENDIX The central theme of this year’s Economic Survey is the A...

Read More
Posted Under: Finance |

Services Contributed Over 50% To GDP

SERVICES CONTRIBUTED OVER 50% TO GDP SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL SERVICES SECTOR FDI INFLOW OF $ 16.73 BILLION RECEIVED IN FIRST HALF (H1) OF 2021-22 22.8% INCREASE IN NET EXPORTS OF SERVICES IN H1 2021-22 IT-BPM REVENUES REACHED $ 194 BILLION, GROWING BY 2.26% […]...

Read More
Posted Under: Finance |

Summary of The Economic Survey 2021-22

Economic Survey 2021-22 states that the year ahead is well poised for a pick-up in private sector investment with the financial system in a good position to provide support to the revival of economy....

Read More
Posted Under: Finance | ,

Search Posts by Date

June 2022
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930