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Archive: August, 2022

Posts in August, 2022

Drugs seized in 8 cases from Gujarat Ports in 2021 & 2022 by DRI

August 10, 2022 1161 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO-3459 ANSWERED ON-MONDAY, AUGUST 8, 2022/SRAVANA 17, 1944 (SAKA) Drugs Seized from Gujarat Port 3459. SHRI ANTO ANTONY: Will the Minister of FINANCE be pleased to state: (a) whether the Directorate of Revenue Intelligence or any other Central Agency has recently seized […]

Disclosure of Transaction of Shares not required to be made to SEBI

August 10, 2022 540 Views 0 comment Print

Disclosures relating to acquisition/disposal of securities by promoter, member of promoter group, designated persons and Directors of company are required to be made only to Stock Exchanges

e-Bill system under implementation on Pilot basis in Ministries & Departments

August 10, 2022 597 Views 0 comment Print

The e-Bill system was launched on Pilot basis on 2nd March, 2022 in 9 Pay & Accounts Offices of 8 Ministries/Departments.

Supreme Audit Institutions should engage with media, citizens & anti-corruption agencies: CAG

August 10, 2022 483 Views 0 comment Print

The Comptroller and Auditor General of India and Chair, CAS highlighted the contributions made by CAS to INTOSAI Standard setting and other capacity building activities.

All 4 PSU insurers incurred losses in health insurance business in 2016-17 to 2020-21

August 9, 2022 1989 Views 0 comment Print

All the four PSU insurers incurred losses in the health insurance portfolio in all the five years from 2016-17 to 2020-21. Aggregate loss of the four PSU insurers was ₹26,364 crore during 2016-17 to 2020-21.

Loss of directors not allowable to the company

August 9, 2022 1014 Views 0 comment Print

Held that activities of share trading were carried out by the directors in their individual capacity from their unique client codes. Accordingly, loss incurred in same is not allowable in the hands of company

What Your Pension Plan Can Do For You

August 9, 2022 3414 Views 0 comment Print

Retirement is something that needs meticulous planning and thought, especially in today’s age, with an uncertain economy throwing new financial challenges continuously and inflation always being on the rise.

Residential Dwelling Under GST – Unanswered Questions

August 9, 2022 28191 Views 1 comment Print

Unanswered questions about renting residential dwellings under GST. Learn about the recent changes and implications for registered persons.

DRI’s Existential Crisis: Governmental Blunder or Judicial Overlook?

August 9, 2022 5796 Views 0 comment Print

The elite investigation wing of the Central Revenue Department – DRI had been facing an existential crisis since the landmark Canon India v. Commissioner of Customs judgement which ousted its jurisdiction to exercise the functions of Officers of Customs viz. issuance of Show Cause Notice under Section 28 of Customs Act, 1962

Penalty for expired e-way bill for reasons beyond control of taxpayer is not justified

August 9, 2022 1701 Views 0 comment Print

Penalty u/s 129 due to expired e way bill for reasons beyond the control of taxpayer is not justified: Uttarakhand First Appellate Authority

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