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Archive: February, 2023

Posts in February, 2023

Finance Bill 2023 or Union Budget 2023 – Download

February 1, 2023 35064 Views 2 comments Print

Nirmala Sitharaman, Minister of Finance has presented Union Budget 2023-24 today and focused on Socio economic welfare measures, Ease of compliance, Widening and deepening of tax base/Anti-Avoidance, Improving compliance and Tax administration and Rationalisation of Provisions. AS INTRODUCED IN LOK SABHA ON 1ST FEBRUARY, 2023 Bill No. 17 of 2023 THE FINANCE BILL, 2023 A BILL […]

Budget 2023-2024 Speech of Nirmala Sitharaman

February 1, 2023 9288 Views 0 comment Print

Budget 2023-2024 Speech of Nirmala Sitharaman, Minister of Finance – February 1, 2023 Hon’ble Speaker, I present the Budget for 2023-24. This is the first Budget in Amrit Kaal. Introduction 1. This Budget hopes to build on the foundation laid in the previous Budget, and the blueprint drawn for India@100. We envision a prosperous and […]

Analysis of Notification No. 26/2022 – Central Tax dated 26th December, 2022

February 1, 2023 7464 Views 0 comment Print

Understand the amendment of Central Goods and Services Tax Rules, 2017 with CBIC Notification No. 26/2022. Have a look at mobile number and e-mail address requirements in FORM GST REG-01.

Is Forex Trading a Wise Choice for Investments in India?

February 1, 2023 2208 Views 0 comment Print

India is a developing market with intriguing foreign exchange (forex) trading. Long-term positive gains from trading Indian forex are possible if you have patience. There are lots of investors hoping to profit from the currency market’s possibilities.

Union Budget 2023 Wishlist: Corporate Taxation

February 1, 2023 8127 Views 2 comments Print

Wishlist for Union Budget 2023 Corporate Taxation – Focus on boosting growth, employment and new investment. Concessional tax regime for service sector high on agenda.

Mere expiry of E-way Bill does not create any scope for evasion

February 1, 2023 2007 Views 0 comment Print

HC set aside detention order passed against assessee on the grounds of expiry of E-way bill. Held that, mere expiry of E-way bill does not create any scope for evasion, hence, in absence of evasion, there cannot be any loss to Revenue Department.

Economic Survey 2022-23: Highlights & Summary

February 1, 2023 2154 Views 0 comment Print

ECONOMIC SURVEY 2022-23: HIGHLIGHTS Indian economy staging a broad based recovery across sectors, positioning to ascend to pre-pandemic growth path in FY23 Retail inflation is back within RBI’s target range in November 2022 Direct Tax collections for the period April-November 2022 remains buoyant Enhanced Employment generation seen in the declining urban unemployment rate and in […]

Procurement Strategy- Surpassing Quality Benchmarks- Beating Bottom-Line Challenges

February 1, 2023 876 Views 0 comment Print

Organizations striving for top volumes, faster growth & cost containment? Our Procurement Strategy surpasses quality benchmarks & beats bottom-line challenges!

Import of Medical Devices as per requirements of Medical Devices Rules, 2017

February 1, 2023 5511 Views 0 comment Print

Bills of Entry containing Medical Devices including Surgical and Medical Examination Gloves are required to be referred to the concerned Assistant Drug Controller (I) office at the port of import for ensuring the compliance of the requirements before clearance of the medical devices under the Medical Device Rule, 2017.

Customs Act: HC grants bail to accused as Gold Value was than less Rs. 1 Crore

February 1, 2023 1347 Views 0 comment Print

Ronak Soni Son of Hariram soni Vs Union of India (Rajasthan High Court) The accused person Mr. Ronak Soni while coming from Kolkata to Jaipur (via train) was intercepted by officials of DRI on 27.10.2022 and he was found carrying gold weighing 1872 grams of gold valued at Rs. approx 97 lacs. However, on the […]

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