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Archive: 16 July 2022

Posts in 16 July 2022

Overview of Related Party and Related Party Transaction

July 16, 2022 160779 Views 2 comments Print

Gain insights into the concept of related party transactions in India. Understand its implications and the regulations set by government bodies.

Presentation on Ind AS 1 Presentation of Financial Statements

July 16, 2022 6105 Views 0 comment Print

Understand the scope and purpose of Ind AS 1 Presentation of Financial Statements. Learn about the requirements for presenting general purpose financial statements.

Income Tax Department conducts searches in Delhi and Mumbai

July 16, 2022 471 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 07.07.2022 on a Delhi and Mumbai based group, engaged in the business of hospitality, marble, lights trading and real estate. A total of 18 premises across Delhi, Mumbai and Daman were covered during the search action. During the course of the search operation, a […]

India’s overall exports (Merchandise and Services) grow by 23% in June

July 16, 2022 396 Views 0 comment Print

India’s overall exports (Merchandise and Services) grow by 23% in June; Exports growth in 1st quarter over 25%; Petroleum products, Electronic Goods, Textiles, Cereals, Leather products, Rice, Minerals, oil seeds, coffee and Gems & Jewellery record high exports growth during June INDIA’S FOREIGN TRADE: June 2022 India’s overall exports (Merchandise and Services combined) in June […]

SEBI files FIR for Cyber Security Incident

July 16, 2022 363 Views 0 comment Print

Recently a cyber security incident has been noticed on the E-mail system of SEBI which was undergoing a system upgrade and accordingly an FIR as per the relevant provisions of law has been filed.

CAIT request for clarification on GST on prepackaged & labelled goods

July 16, 2022 825 Views 0 comment Print

Important letter sent to Finance Minister, Smt. Nirmala Sitharaman requesting clarification on GST on prepackaged and labelled goods and also to defer the implementation of clauses in Notification No. 6/2022 and 07/2022-CGST (R) dated 13.07.2022 pertaining to prepackaged and labelled goods. Confederation of All India Traders “Vyapar Bhawan 925/1, Naiwala, Karol Bagh, New Delhi- 110005. […]

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