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Income Tax Calculator: How Is Income Tax Calculated?

September 22, 2021 40722 Views 6 comments Print

The income tax calculator considers factors like your income, age, housing loan payments, expenses, and investments to indicate the total tax payable on your income under the new or old Indian tax regime. The online tax calculator is free, easy to use, and generates error-free results quickly.

Crumb rubber/granule is classifiable under Heading 4004

September 22, 2021 6249 Views 0 comment Print

In re Green Rubber Crumb Private Ltd. (GST AAR Maharashtra) The applicant is producing crumb rubber/granules from used/waste tyres and has submitted during the course of the hearing that, the waste/used tyres are not usable because they are worn our tyres due to wear and tear. In view of the above discussions, we find that […]

MahaRERA: SOP for deletion of projects from list of lapsed projects

September 21, 2021 3720 Views 0 comment Print

MahaRERA has so far registered 30668 projects, out of which 7214 projects are completed. It is seen that 3371 projects have expired and Promoters have not applied for extension of the project date nor uploaded the Form 4.

Govt extends Uday Kotak’s term as IL&FS non-exec chairman till 02.04.2022

September 21, 2021 486 Views 0 comment Print

Shri Uday Kotak, Managing Director and Chief Executive Officer of Kotak Mahindra Bank Limited would continue being the non-executive director on the board of IL&FS until April 2, 2022 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 21st September, 2021 S.O. 3905(E).—Whereas sub-clause (i) of clause (c) of sub-section (1) of section […]

Patents (Amendment) Rules, 2021

September 21, 2021 3795 Views 0 comment Print

1. (1) These rules may be called the Patents (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Income Tax Dept searches leading textile & yarn manufacturer

September 21, 2021 1365 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 18.09.2021 on a leading business house of India involved in manufacture of textile and filament yarn having corporate offices in Delhi, Punjab and Kolkata.

CAIT demands CBI probe & suspension of Amazon’s portal

September 20, 2021 648 Views 0 comment Print

In a very important communication to  Shri Piyush Goyal today Confederation of All India Traders (CAIT) has urged the Govt to take immediate cognisance of the sensational news regarding Amazon’s admission of bribery to Govt officials. CAIT demanded a thorough CBI probe & suspension of Amazon’s portal. Confederation of All India Traders (CAIT) Ref. No. 3281/1/50 […]

Challenge By Tax Bar Association to New Income Tax Portal System

September 20, 2021 38331 Views 29 comments Print

The writ petition filed by the tax Bar Association before the Gauhati High Court seeking a direction from the respondent authorities to restore the old income tax portal immediately due to non functioning to the new income tax portal system (Income Tax Portal 2.0) inasmuch as the genuine tax payer who are interested in paying due taxes and submit the returns are not being able to pay the taxes and submit returns and other forms.

Application Forms for Recognition and Renewal of Market Infrastructure Institutions (MIIs)

September 20, 2021 888 Views 0 comment Print

Application for recognition of a stock exchange under regulation 5/ Application for renewal of recognition of a stock exchange under regulation 12 of the International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021.

Weekly newsletter from Chairman, CBIC dated 20/09/2021

September 20, 2021 834 Views 0 comment Print

The 45th GST Council Meeting was held on 16th-17th September 2021 at Lucknow under the Chairmanship of the Union Finance Minister and the Chairperson, GST Council Smt. Nirmala Sitharaman. A series of trade friendly recommendations were discussed and agreed upon by the GST Council.

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