Any non-bank entity recognised as a custodian of assets/securities by IFSCA through the branch structure, shall be permitted to become a Clearing Member of a Clearing Corporation in GIFT-IFSC. For this purpose, the entity shall comply with the following conditions:
The Heads of Tax Authorities of the BRICS countries, namely the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa held a virtual meeting here today under the Chairship of India.Shri Tarun Bajaj, Secretary, Revenue, Government of India, in his capacity as Head of Tax Authorities in India, presided over this meeting.
DGGI Gurugram Zonal Unit (GZU), Haryana has arrested 3 persons including a CA on charges of creating and operating multiple fictitious firms on forged documents and passing large amounts of fake input tax credit by way of issuance of invoices without any actual receipt or supply of goods or services.
Government notified Tribunal (Conditions of Service) Rules, 2021. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 15th September, 2021 G.S.R. 635(E).—In exercise of the powers conferred by section 3 of the Tribunal Reforms Act, 2021 (33 of 2021) and in supersession of the Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other […]
During the week, there have been some good cases on the anti-smuggling front. In a crackdown on smuggling of cigarettes, Delhi Customs Preventive Unit seized about 22.2 lakh sticks of smuggled foreign brand cigarettes approximately valued at Rs. 4.44 crore.
The exemptions granted for issuance of electronic policies as well as dispensing with physical document and wet signature have been extended upto the period 31/03/2022.
A detailed procedure for processing of applications under the aforementioned Section for use of Aadhar authentication services by entities other than banking companies has been provided by the Department of Revenue, Ministry of Finance vide their circular dated May 9, 2019.
Discover the case of M/S FERANBRAJ TOLL AND HIGHWAY PRIVATE LIMITED penalized for non-compliance with Companies Act Section 118(10). Analysis of the penalty imposition and its implications.
Office Order No. 226 of 2021 Consequent upon approval of the Competent Authority, the following officers are, hereby, promoted to the grade of Chief Commissioner of Income Tax (CCIT) (level 16 in the pay matrix Rs. 2,05,400-2,24,400/-) for the panel year 2021 on in-situ basis with immediate effect or w.e.f. the date of assumption of charge of the post by them, whichever is later:
Students who have not yet converted themselves from Earlier Scheme to Revised Scheme of Education and Training implemented w.e.f. 1st July, 2017, to appear in Foundation, Intermediate and Final Examinations being held under Revised Scheme in December, 2021 may convert themselves latest by 30th September, 2021.
