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DGFT extends last date for filing annual returns under HBP 2015-20

June 9, 2022 1614 Views 0 comment Print

Extension of last date for filing of annual returns under Para 5.15 of HBP 2015-20 along with a clarification that imposition of penalty of Rs.5000/- for late filing of annual returns is applicable from 2022-23. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 9th June, 2022 Public […]

Pack your bags. Long-term portfolio of promising tokens

June 9, 2022 795 Views 0 comment Print

Find out how to pack the best bag for a long-haul journey with advice on investing, tips and tricks from experts in the field, and learn what you need to know before making decisions for future prospects.

CAs authorised to Appear before GST Authorities- Gorakhpur Commissioner clarifies

June 9, 2022 15744 Views 1 comment Print

On meeting with DM and Commissioner by the Chartered Accountants of Gorakhpur, Finally Clarification issued by the GST Addl Commissioner of Gorakhpur that CAs are authorised to Appear before GST Authorities. Source- Social Media and not confirmed Also Read: Gorakhpur advocates not allowing CAs to appear before VAT/State GST Authorities

ITAT rejects claim of land conversion into stock as assessee not filed any evidence to substantiate his claim

June 9, 2022 849 Views 0 comment Print

Babusha Haribhau Gade Vs ITO (ITAT Pune) Another issue for consideration is whether the appellant has converted the land into stock-in-trade as claimed. It is a fact that this issue was not raised before the AO. Therefore, the AO had no opportunity to verify the assessee’s said claim. This Bench made a specific query to […]

NPS/APY Functionalities released by CRAs during Quarter IV (FY 2021-22)

June 9, 2022 378 Views 0 comment Print

The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS/APY stakeholders in accordance with Section 21 of PFRDA Act 2013.

RBI increases policy repo rate by 50 basis points to 4.90 per cent

June 8, 2022 540 Views 0 comment Print

Reserve Bank of India Governor’s Statement In my statement of May 4, 2022, I had mentioned that as we navigate through this difficult period, it is necessary to be sensitive to the new realities and incorporate them into our thinking. The war in Europe is lingering and we are facing newer challenges each passing day which […]

CBIC extends ADD on pneumatic tyres of specific specifications

June 8, 2022 645 Views 0 comment Print

Seeks to amend notification no. 45/2017-Customs (ADD) dated 18th September, 2017 to extend the ADD on pneumatic tyres of specific specifications from China PR upto 17th December, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 8th June, 2022 Notification No. 21/2022-Customs (ADD) G.S.R. 430(E).—Whereas, the designated authority, vide, initiation notification F. No. 7/02/2022-DGTR, […]

Enhancement in Individual Housing Loan limits & credit to Commercial Real Estate – Residential Housing (CRE-RH)

June 8, 2022 1815 Views 0 comment Print

Reserve Bank of India RBI/2022-23/67 DOR.CRE.REC.43/09.22.010/2022-23 June 08, 2022 All State Co-operative Banks (StCBs) All District Central Co-operative Banks (DCCBs) Madam / Dear Sir, Enhancement in Individual Housing Loan limits and credit to Commercial Real Estate – Residential Housing (CRE-RH) Please refer to our circulars RPCD CO.RCBD.BC.No.15 /03.03.01/2009-10 dated  August 13, 2009, RPCD.CO.RF.BC.No.109/07.38.01/2008-09 dated May […]

CBIC extends time period for furnishing final Mega power project certificate

June 7, 2022 1401 Views 0 comment Print

Seeks to amend notification no. 50/2017-Customs dated 30.06.2017 extending the time period for furnishing the final Mega power project certificate from 120 months to 156 months and extending the period of validity of security in the form of Fixed Deposit Receipt or Bank Guarantee from 126 months to 162 months, in case of provisional mega […]

Govt rescinds notification Anti-dumping duty on imports of Hydrogen Peroxide

June 7, 2022 2055 Views 0 comment Print

Central Government revokes the anti-dumping duty imposed on ‘Hydrogen Peroxide’, falling under tariff item 2847 00 00 of the First Schedule to the said Act, originating in or exported from Bangladesh, Taiwan, Korea RP, Indonesia, Pakistan and Thailand, and imported into India. MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 20/2022-Customs (ADD) New Delhi, the […]

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