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Registration of Pensioners’ Associations under Pensioners’ Portal Scheme- Date extended

December 22, 2022 810 Views 0 comment Print

Department is pleased to inform that last date for submission of applications has been extended by 30 days from date of this advertisement.

HC set-aside order passed without considering petitioner’s request for grant of additional time

December 20, 2022 1743 Views 0 comment Print

ABB Global Industries Vs Union of India (Karnataka High Court) Karnataka High court In case of ABB Global Industries and services Pvt Ltd, Quashed the order passed by the PO on reason of natural justice , as petitioner requested additional time for hearing , PO rejected and passed the order FULL TEXT OF THE JUDGMENT/ORDER OF […]

GST registration application: Department cannot demand additional documents other than prescribed 

December 20, 2022 1737 Views 0 comment Print

State of Kerala Vs West Bengal Lottery Stockists Syndicate Private Limited (Kerala High Court) Kerala high court In the case of West Bengal Lottery Stockist Syndicate Pvt Ltd, HC held that Such clarification include information to ascertain the legality of the business proposed to be conducted by the applicant, but it does not include furnishing […]

Gross Direct Tax collections for FY 2022-23 register a growth of 25.90%

December 20, 2022 828 Views 0 comment Print

The figures of Direct Tax collections for the Financial Year 2022-23, as on 17.12.2022 show that net collections are at Rs. 11,35,754 crore, compared to Rs. 9,47,959 crore in the corresponding period of the preceding Financial Year i.e FY 2021­22, representing an increase of 19.81%.

SEBI issues directions to stock exchanges in Commodities Derivative Segment

December 20, 2022 432 Views 0 comment Print

SEBI had issued directions to Stock Exchanges having Commodity Derivatives Segment in respect of suspension of trading in derivative contracts in the commodities mentioned below in December 2021

DGFT Guidelines for import of Pet Animals

December 19, 2022 1497 Views 0 comment Print

Import of Wild Animals (including their parts and products) as defined in the Wild Life (Protection) Act, 1972 (as amended from time to time) is prohibited and those species which are listed in CITES are subject to the provisions of CITES.

Clarifications on Scheme(s) of Arrangement by entities who listed NCDs/NCRPS

December 19, 2022 1641 Views 0 comment Print

Clarifications with respect to SEBI Circular, on Scheme(s) of Arrangement by entities who have listed their Non-convertible Debt securities (NCDs)/ Non-convertible Redeemable Preference shares (NCRPS)’

19 Recommendations of 48th Meeting of GST Council

December 18, 2022 17895 Views 0 comment Print

48th Meeting of the GST Council – 17th December, 2022 Union Finance Minister Smt. Nirmala Sitharaman chairs 48th Meeting of the GST Council via virtual mode in New Delhi GST Council recommends to decriminalise certain offences u/s 132, increase in threshold of amount of tax for prosecution and reduction in amount of compounding in GST […]

Transfer/postings of 48 officers in the grade of CIT/DIT

December 16, 2022 11922 Views 1 comment Print

Office Order No. 274 of 2022 – Transfer/postings of 48 officers in the grade of Commissioners of Income Tax/Directors of Income Tax

Framework for Orderly Winding Down of Critical Operations & Services of a Clearing Corporation

December 16, 2022 1335 Views 0 comment Print

In this regard, it has been decided that Clearing Corporations (CCs) shall have a policy framework for orderly winding down of their critical operations and services

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