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Archive: 10 February 2022

Posts in 10 February 2022

CCI issues a cease and desist order against Dumper Truck Union

February 10, 2022 699 Views 0 comment Print

CCI issues a cease and desist order against Dumper and Dumper Truck Union Lime Stone (Dumper Truck Union) in Sanu Mines area of Jaisalmer, Rajasthan Competition Commission of India (CCI’ passed an order on 7th February 2022 under the provisions of Section 27 of the Competition Act, 2002 (‘Act’) after having found Dumper Truck Union to […]

J&K becomes first UT to be integrated with National Single Window System

February 10, 2022 516 Views 0 comment Print

J&K becomes the first Union Territory to be integrated with National Single Window System. LG, Shri Manoj Sinha launches the J&K Single Window Clearance System integrated with NSWS. NSWS is linked with India Industrial Land Bank (IILB) which hosts 45 industrial parks of J&K, will help Investors to discover available land parcels in J&K. In […]

ICSI Guidelines/Instructions for applying For Transcript (For Students)

February 10, 2022 3681 Views 0 comment Print

Self-attested copies of the mark sheets of all the Exam passed. (Foundation, Intermediate/Executive and Final/Professional examination); please note that all mark sheets are mandatory, you must provide self-attested copy of all mark sheets (all groups/ modules).

ICAI Campus Placement Programme – FAQs by participating recruiting entities

February 10, 2022 6108 Views 0 comment Print

The Institute of Chartered Accountants of India Committee for Members in Industry & Business Campus Placement Programme February-March, 2022 Frequently asked Queries by the participating recruiting entities Online Registration on https://cmib.icai.org/campus-signin?user_type=company for participation in Campus Placement Programme February-March, 2022 is a system driven process. The CMI&B has come up with the answers to a few frequently […]

Certain important changes under central excise

February 10, 2022 531 Views 0 comment Print

Certain important changes under Central Excise related functionality incorporated in CBIC-ACES-GST Integrated Application w.e.f. JANUARY 2022: 1. New Account Head Code, namely, ‘00380416’ has been allotted in respect of Central Excise levy namely ‘Agriculture Infrastructure and Development Cess’ on permanent basis by Pr.CCA, CBIC vide. O.M.dated 29.12.2021. Please see under Central Excise> e-Payment menu > […]

Export Promotion Capital Goods (EPCG) FAQs

February 10, 2022 11682 Views 0 comment Print

EPCG stands for Export Promotion Capital Goods. The objective of this scheme is to facilitate the import of capital goods with the purpose of producing quality goods and services to enhance India’s export competitiveness. EPCG scheme allows import of capital goods for pre-production, production and post-production at zero customs duty.

Modification of Constitution to GoM on Casinos, Race Courses & Online Gaming

February 10, 2022 717 Views 0 comment Print

Partial Modification of Constitution to the Group of Ministers (GoM) on Casinos, Race Courses and Online Gaming In partial modification to the OM of even number dated 24.05.2021 & 11.06.2021 on the subject cited above, it is stated that reconstituted membership of the GoM is as follows: –

Reconstitution of GoM for boosting Real Estate Sector under GST

February 10, 2022 942 Views 0 comment Print

Constitution of Group of Ministers (GoM) for boosting Real Estate Sector under GST regime – In partial modification to the OM of even number dated 15.01.2019 & 05.01.2022 on the subject cited above, it is stated that reconstituted membership of the GoM is as follows: –

Deduction w.r.t. interest on education loan for higher education abroad

February 10, 2022 9387 Views 1 comment Print

Mr. X has sent his son to abroad for pursuing his higher studies in a foreign university. Mr. X has taken a loan from a financial institution towards meeting cost of his son’s higher education. Mr. X wants to claim the interest on repayment of education loan as a deduction under Section 80E. This is a common question posed by the tax payers in a similar scenario.

RBI keep policy repo rate under LAF unchanged at 4.0 per cent.

February 10, 2022 612 Views 0 comment Print

As I make this statement, the pandemic holds the global economy hostage once again. Despite signs of moderation, record numbers of daily infections in several countries and consequent containment measures are denting the pace of economic activity, especially in contact-intensive sectors, even as supply disruptions persist and restrained workforce participation tightens the labour markets.

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