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Income Tax Dept searches chemicals & real estate group of Gujarat

November 21, 2021 1194 Views 0 comment Print

Income Tax Department conducts searches in Gujarat The Income Tax Department has carried out a search and seizure operation on a prominent group engaged in manufacturing of chemicals and development of real estate on 18.11.2021. The search action covered more than 20 premises spread over Vapi and Sarigam in Gujarat, Silvassa and also in Mumbai. […]

Joint Bank Account not mandatory for Spouse Pension

November 21, 2021 1422 Views 0 comment Print

In case the Head of Office is satisfied that it is not possible for the retiring Government Servant to open a joint account with his/her spouse for reasons beyond his/her control, this requirement may be relaxed.

Govt decides to withdraw all 3 agricultural laws

November 21, 2021 786 Views 0 comment Print

Today I have come to tell you, the whole country, that we have decided to withdraw all three agricultural laws. In the Parliament session starting later this month, we will complete the constitutional process to repeal these three agricultural laws

EPFO adds 15.41 lakh net subscribers in September, 2021

November 20, 2021 615 Views 0 comment Print

The provisional payroll data of EPFO released today highlights that EPFO has added around 15.41 lakh net subscribers during the month of September 2021. For the month of September 2021, the net subscriber additions have increased by 1.81 lakh as compared to the previous month of August 2021 when it was 13.60 lakh.

Govt launches Special Credit Linked Capital Subsidy Scheme for Services Sector

November 20, 2021 828 Views 0 comment Print

Shri Narayan Rane, Union Minister for MSME launched Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Services Sector. On the second day of MSME North East Conclave, Union Minister for MSME, Shri Narayan Rane today launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for services sector in the presence of senior officers of the […]

RBI releases Report of Working Group on digital lending

November 18, 2021 936 Views 0 comment Print

The thrust of the report has been on enhancing customer protection and making the digital lending ecosystem safe and sound while encouraging innovation.

TNGST: Exemption from filing annual GST return for FY 2020-21

November 18, 2021 3228 Views 0 comment Print

TNGST Commissioner exempts the registered person whose aggregate turnover in the financial year 2020-21 is upto two crore rupees, from filing annual GST return for the said financial year.

CBIC issues Clarification on 4 GST refund related issues

November 17, 2021 17445 Views 0 comment Print

Whether the provisions of sub- section (1) of section 54 of the CGST Act regarding time period, within which an application for refund can be filed, would be applicable in cases of refund of excess balance in electronic cash ledger?

Clarification on applicability of Dynamic QR Code on B2C invoices

November 17, 2021 8640 Views 0 comment Print

Doubt arises whether the relaxation from the requirement of dynamic QR code on the invoices would be available to such supplier, who receives payments from the recipient located outside India through RBI approved modes of payment, but not in foreign exchange.

RRA recommended RBI to withdrawal 150 circular

November 16, 2021 855 Views 0 comment Print

Reserve Bank of India Date : Nov 16, 2021 Regulations Review Authority (RRA 2.0) – Interim Recommendations The Reserve Bank of India has set up a Regulations Review Authority (RRA 2.0) vide press release dated April 15, 2021. The objective of RRA 2.0 is to review the regulatory instructions, removing redundant and duplicate instructions, reduce […]

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