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Nickel (Quality Control) Order, 2023

August 31, 2023 2436 Views 0 comment Print

On August 31st, 2023, the Ministry of Mines in India released a crucial directive under the Bureau of Indian Standards Act, 2016. Named as the Nickel (Quality Control) Order, 2023, this order aims to standardize the quality of nickel powder produced within the country. The order mandates the compulsory use of Standard Mark licensed by […]

Section 67(2) of CGST Act doesn’t grant officers authority for cash seizures

August 31, 2023 2034 Views 0 comment Print

In Rajeev Chhatwal vs Commissioner of Goods and Services Tax (East), case, Delhi High Court addressed contentious issue of whether officers have authority under Section 67(2) of CGST Act to seize cash.

CTD Cracks Down on Fake GST Bill Operators

August 31, 2023 3192 Views 0 comment Print

Bengaluru’s Enforcement Wing reveals a major GST fraud involving 30 fake entities and a turnover of Rs. 525 Crs. Two masterminds arrested. More details inside.

Minimum CIBIL Score for a Home Loan: What You Need to Know?

August 28, 2023 1383 Views 0 comment Print

A CIBIL score is one of the critical factors that determine your home loan eligibility. Based on this 3-digit score, lenders decide whether or not to approve your loan. This is because it is linked to your creditworthiness as it is calculated based on your credit history.

How to Plan Mutual Fund Investments

August 28, 2023 1557 Views 0 comment Print

Mutual funds are among the most popular investment avenues for financial growth. However, while they offer numerous benefits, they come with an inherent risk as they are linked to the market. This means that market movements or fluctuations influence your returns.

Use of technology in Income Tax tax proceedings & its impact on taxpayers: ITBA Suggestions

August 28, 2023 9234 Views 0 comment Print

An insight into suggestions made by Income Tax Bar Association, Varanasi on use of technology in tax proceedings and its impact on taxpayers.

Immediate Edge and the Future of Sovereign Wealth Funds: What You Need to Know

August 28, 2023 714 Views 0 comment Print

This blog post will dive into the transformative effects Immediate Edge brings to sovereign wealth funds and offers insights into how this technology will shape the financial landscape in the future. Don’t get left behind in this quantum leap; understand its implications now or risk being blindsided later.

Exploring the World of Forex Transactions: Strategies and Tips for Success

August 27, 2023 3294 Views 0 comment Print

Forex trading, also known as foreign exchange trading, is the act of buying and selling currencies with the aim of making a profit. It is the biggest financial market in the world, with an average daily trading volume of over $5 trillion.

India-Bangladesh 14th JGC Meeting Boosts Customs Cooperation

August 26, 2023 615 Views 0 comment Print

Read about outcomes of 14th Joint Group of Customs (JGC) meeting between India and Bangladesh, focusing on trade facilitation, infrastructure, and cooperation.

Income Tax, Tax Audit and Trust Glossary

August 26, 2023 2346 Views 0 comment Print

Income Tax Glossary Advance Ruling : The Advance Ruling is a mechanism that helps in bringing certainty in the determination of tax liability on a particular transaction. Advance tax : The scheme of advance tax requires every assessee to estimate his current income, and if tax liability on such estimated income exceeds the specified limit, […]

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