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FM urged Income Tax Department to focus on 3 R’s

October 1, 2022 2127 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 27th September, 2022 PRESS RELEASE The Finance Minister’s Award 2022 presentation ceremony held by the Income Tax Department at Delhi The Finance Minister’s Award 2022 presentation ceremony was held by the Income Tax Department today at Kedarnath Sahni Auditorium, […]

Proposed Revision of Empanelment Norms for Government Audit

October 1, 2022 11907 Views 0 comment Print

O/o C&AG is in the process of revising the empanelment norms of CA Firms and Criteria for Allotment of Audit. The proposed norms as received from the O/o CAG were discussed threadbare and a series of meetings were held at the Institute.

SEBI extends date of applicability of standardized industry classification

September 30, 2022 729 Views 0 comment Print

In view of representation from CRAs, SEBI extended date of applicability of standardized industry classification to November 30th, 2022.

Lucknow Development Authority guilty of Profiteering: NAA

September 30, 2022 831 Views 0 comment Print

Lucknow Development Authority allegedly not passed on benefit of ITC to in project Kritika & Swati Apartment situated at Chak, Gaj aria, Lucknow on introduction of GST w.e.f. 01.07.2017

Volume-I of Code of Ethics, 2019 for CAs Applicable wef 01.10.2022 with changes

September 30, 2022 10347 Views 0 comment Print

Disclosure is required where for two consecutive years, gross annual professional fees from an audit client represent more than 40% of total fees of firm.

Two-Factor Authentication for transactions in units of Mutual Funds

September 30, 2022 1665 Views 0 comment Print

Two-Factor Authentication for redemption of Mutual Fund units has been implemented with effect from June 01, 2022 for transactions outside stock exchange platforms and from July 01, 2022 for transactions on stock exchange platforms.

14 Key decisions taken by SEBI in its Board Meeting on 30.09.2022

September 30, 2022 2046 Views 0 comment Print

Securities and Exchange Board of India  Press Releases No. 29/2022 SEBI Board Meeting The SEBI Board met in Mumbai today and, inter-alia, took the following decisions: I. Introduction of Regulatory Framework to facilitate Online Bond Platform Providers and reduction in the face value of listed privately placed debt securities The Board approved the following proposals: […]

Revision of interest rates for investment by NSSF

September 29, 2022 792 Views 0 comment Print

National Small Savings Fund (NSSF) will charge interest at the rate of 7.3% per annum on the loans contracted by Central Government and States/UTs (with Legislature) during the Financial Year 2022-23.

Alleged Profiteering by Rushi Builder and Developers – NAA order reinvestigation

September 29, 2022 681 Views 0 comment Print

Smt. Rekha Gamaprasad Yadav Vs Rushi Builder and Developers (NAA) The Present Report dated 23.09.2021 had been received in National Anti-Profiteering Authority (NAA or Authority) from the Applicant No. 2 i.e. the Director General of Anti-Profiteering (DGAP) after a detailed investigation under Rule 128 of the Central Goods & Service Tax (CGST) Rules, 2017, on […]

Govt & corporate subscribers can continue with existing Investment Choice/PF

September 29, 2022 192 Views 0 comment Print

PFRDA permita subscribers under Government/ Corporate sector to continue with their existing investment pattern and Pension Fund (PF) choice as an option

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