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Postponement of CA Examination scheduled to be held on 10.05.2023 in Karnataka

April 1, 2023 3507 Views 0 comment Print

Postponement of Chartered Accountants Examination scheduled to be held on 10th May, 2023 (Wednesday) at Examinations Centres in State of Karnataka

AO cannnot review assessment order-Reassessment order quashed

April 1, 2023 3486 Views 0 comment Print

AO is only entitled to reopen assessment, but he cannot review an assessment in the sense that there cannot be a rethinking or different opinion on the same material, which was the subject matter of the original assessment proceedings.

Interest rates for Small Savings Schemes PPF NSC etc. increased

March 31, 2023 12555 Views 0 comment Print

Interest rates of small saving schemes for the First quarter of financial year 2023-24 starting from 1st April, 2023 and ending on 30th June, 2023. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account Scheme, Kisan Vikas Patra of GoI.

Govt extends date of applicability of additional duty of excise on unblended diesel

March 31, 2023 1239 Views 0 comment Print

Govt amends Notification No. 11/2017-Central Excise, dated the 30.06.2017 to extend the date of applicability of additional duty of excise on unblended diesel vide Notification  No. 15/2023-Central Excise Dated: 31st March, 2023. MINISTRY OF FINANCE (Department of Revenue) Notification  No. 15/2023-Central Excise Dated: 31st March, 2023 G.S.R.241(E).— In exercise of the powers conferred by sub-section […]

Hallmarking of Gold Jewellery and Gold Artefacts (Second Amendment) Order, 2023

March 31, 2023 1335 Views 0 comment Print

If any person, had already given a declaration as required by the Bureau under sub-section (4) of section 18 of the Bureau of Indian Standards, Act, 2016 (11 of 2o16) declaring his old stock of Gold jewellery or Gold artefacts with old hallmarking as existed prior to 1st July 2021, such person shall be permitted to sell or display or offer to sell such declared stock of old Gold jewellery or Gold artefacts upto the 30th June 2023

Finance Act, 2023

March 31, 2023 24171 Views 0 comment Print

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 31st March, 2023 / Chaitra 10, 1945 (Saka) The following Act of Parliament received the assent of the President on the 31st March, 2023 and is hereby published for general information:— THE FINANCE ACT, 2023 No. 8 OF 2023 [31st March, 2023.] An Act to […]

Role of Corporate Governance in India

March 31, 2023 4851 Views 0 comment Print

Corporate governance in the business context refers to the systems of rules, practices, and processes by which companies are governed. Basically, it ensures that an organisation follows appropriate and transparent decision-making processes and that the interest of all stakeholders are protected. It works to achieve the goal of organisation and manages the relationship among stakeholders.

Foreign Trade Policy, 2023 applicable from 01.04.2023

March 31, 2023 9075 Views 0 comment Print

Central Government notifies Foreign Trade Policy, 2023 vide Notification No. 1/2023-DGFT | Dated: 31st March, 2023. This Foreign Trade Policy shall come into force with effect from 1st April, 2023. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Notification No. 1/2023-DGFT | Dated: 31st March, 2023 S.O. 1565(E).In […]

Notification to give effect to 3rd tranche of India Mauritius CECPA

March 31, 2023 795 Views 0 comment Print

CECPA Notification No. 19/2023-Customs | Dated: 31st March, 2023 to give effect to 3rd tranche of India Mauritius CECPA from 1st day of April, 2023. MINISTRY OF FINANCE (Department of Revenue) Notification No. 19/2023-Customs | Dated: 31st March, 2023 G.S.R.251(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]

Procedure for implementation of innovation in insurance programme through Regulatory Sandbox

March 31, 2023 681 Views 0 comment Print

An applicant desiring to promote or implement any innovation in insurance in India shall make an application to IRDAI in Form-RG-1 in any one or more of the categories given in Regulation 4 of IRDAI (Regulatory Sandbox) Regulations, 2019.

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