CBIC notifies Customs Exchange rate for Import & Export wef 6th January, 2023 vide Exchange rate vide Notification No. 02/2023 – Customs (N.T.) Dated 5th January, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS New Delhi ***** Notification No. 02/2023 – Customs (N.T.) Dated 5th January, […]
Seeking of comments / feedback on the XBRL being introduced for submission of Announcements pertaining to issuance or forfeiture of securities, split or consolidation of shares, any restriction on transferability of securities or alteration in terms or structure of existing securities including forfeiture, reissue of forfeited securities, alteration of calls, redemption of securities etc.
STEP TO SUCCESS MODEL EXAM INSTRUCTIONS THE INSTITUTE OF COST ACCOUNTANTS OF INDIA MODEL EXAMINATION FOR FOUNDATION COURSE (Online Home – based) 7th – 10th JANUARY 2023 Date Time Examination 7th January 2023, SaturdayTo10th January 2023,Tuesday 10:00 AM – 10:25 AM Paper 1: Fundamentals of Economics and Management Paper 2: Fundamentals of Accounting 10:25 AM […]
Depositories shall ensure periodic monitoring regarding compliance with the requirements of various circulars pertaining to ‘Security & Covenant Monitoring System’ issued by SEBI from time to time
As relates Section 5 of the Limitation Act showing ‘sufficient cause’ is the only criterion for condoning delay. ‘Sufficient Cause’ is the cause for which a party could not be blamed.
1. Income Tax Department brings reforms for Cooperatives! Alternate Minimum Tax for cooperative societies reduced to 15% to bring them at par with companies. Reduction of Alternate Minimum tax rate for cooperatives Announcement Currently, cooperative societies are required to pay Alternate Minimum Tax at the rate of eighteen and one half per cent. However, companies […]
For existing outstanding non-convertible securities, issuers shall ensure that they enter the details into the system on or before October 31, 2022 and Debenture Trustees (DTs) shall verify the same by December 31, 2022.
Department is of view that there is a need to augment the interaction between taxpayers / professional and Tax Authorities to hear their difficulties and suggestions to smoothen the tax system. Accordingly, the Department has adopted the concept of arranging Taxpayer Services Cell meetings periodically.
In India, the lack of cyber security insurance availability is a major problem. India is among the top countries affected by cybercrime in the world. In 2019, over 11,000 incidents of data breach were reported in India alone. Cyber Security Insurance (CSI) is an important insurance policy as it provides coverage against financial losses due […]
Payment of tax and other amount in installments Section-80 (CGST Act 2017) +Rule-158 (CGST Rules 2017) Payment of tax and other amount in installments Section-80 (CGST Act 2017) +Rule-158 (CGST Rules 2017) Legal Provision (Bare Act) Section 80 -Payment of tax and other amount in installment On an application filed by a taxable person, the […]
