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Food Safety and Standards (Food Products Standards and Food Additives) Second Amendment Regulations, 2022

October 27, 2022 1791 Views 0 comment Print

These regulations may be called the Food Safety and Standards (Food Products Standards and Food Additives) Second Amendment Regulations, 2022.

Master Circular IRDA (Investment) Regulations, 2016

October 27, 2022 10344 Views 0 comment Print

The Insurer has to adhere to the Client level and Participant level position limits prescribed by SEBI and stock exchange while undertaking SLB. Insurer can only lend securities to the extent of not more than 10% quantity of those “scrips” of that particular fund(s). These prescribed limits shall be adhered at the time of lending

CBDT promotes 55 officers to the grade of Pr. CIT

October 26, 2022 11355 Views 0 comment Print

Vide Office Order No. 231 of 2022-Income Tax 55 officers are, promoted to the grade of Principal Commissioner of Income Tax (Pr. CIT) (level 15 in the pay matrix Rs. 1,82,200-2,24,100/-) for the panel year 2021 on in-situ basis w.e.f. the date of assumption of charge of the post by them and until further orders. […]

No requirement of carrying e-way bill for inter-State transfer of goods

October 22, 2022 2520 Views 0 comment Print

The Court held that it being an inter-State transfer of goods there was no requirement of carrying the U.P. State e-way bill – the insistence by the State authorities that the petitioner’s vehicle was not carrying the U.P. E-way bill is without any factual and legal basis

FAQ’s on filing of Income Tax Returns (ITR)

October 21, 2022 17457 Views 1 comment Print

Troubleshooting FAQs on filing Income Tax Returns (ITR) – Find solutions for common errors and issues encountered during the online filing process.

UK CAMPA falls under State Government category under CGST Act, 2017

October 21, 2022 1899 Views 0 comment Print

In re M D Power Transmission Corporation of  Uttaranchal Limited (GST AAR Uttarakhand) Q1. Whether UK CAMPA, falls under the ambit of the definition of “Government” as laid under section 2(53) of the Central Goods & Service Tax (CGST) Act, 2017? A1. UK CAMPA falls under the category of State Government as per the provisions […]

IRDAI Constitutes Health Insurance Consultative Committee

October 21, 2022 516 Views 0 comment Print

Health Insurance needs to constantly evolve to keep pace with the changing canvas of healthcare. It should be able to comprehensively cater to the needs of those seeking to purchase insurance as a protection mechanism for health expenses.

Draft Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices

October 20, 2022 7038 Views 0 comment Print

RBI proposes to prescribe a Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices, to be implemented by Regulated Entities (REs)

How to open/update NPS account using Driving License issued in DigiLocker

October 19, 2022 918 Views 0 comment Print

Steps for opening NPS account and updating address in NPS account using Driving License issued in DigiLocker

Assessment order must mention bank details of bogus accommodation entries

October 18, 2022 1809 Views 0 comment Print

Boutique International Pvt Ltd Vs DCIT (Delhi High Court) Court finds that the information furnished to the Petitioner and the impugned order do not specify in which bank account or account number, the alleged amount have been received by the Petitioner. Though the impugned order states that the asset is represented by bogus accommodation entries in […]

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