Finance : Ever wondered what is the difference between Fundamental and Technical approaches to Stock Picking? Is Technical Analysis a form o...
Finance : In March 2020, when we had a market crash due to Covid-19, there were many people & articles talking about Market are under-pe...
Finance : General believe lies among several goes saying Stock Market is very unstable, turbulent, uncertain, gamble and nobody likes taking...
Finance : Welcome Announcements by Finance Minister to boost COVID affected sectors: Healthcare, Tourism, Exports, Job Creation In a bid to ...
Finance : Financial Assistance for Electronic Component Manufacturers PLI SCHEME – AN OVERVIEW Production Linked Incentive Scheme (PLI) fo...
CA, CS, CMA : CS Dhananjay Shukla is elected as President and CS Pawan G Chandak as Vice President of the Institute of Company Secretaries of In...
CA, CS, CMA : Highlights from the Finance Ministry's 2024 initiatives, covering direct tax refunds, GST reforms, Customs updates, and India's FA...
Finance : Smt. Nirmala Sitharaman assumes office as Union Minister for Finance & Corporate Affairs, pledges commitment to 'Ease of Living' a...
Finance : SERVICES CONTRIBUTED OVER 50% TO GDP SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL S...
Custom Duty : DGGI refutes multiple speculative media reports in case of M/s Odochem Industries; sets the record straight on facts In the contex...
Income Tax : Kerala High Court's stay order halts income tax recovery until final decision. Read the full text of the judgment/order here....
Service Tax : TRENT Ltd and Future Value Retail Ltd have challenged before the AP High Court, the service tax with retrospective effect on rent...
Income Tax : Explore Notification No. 13/2024 by the Ministry of Finance, Central Board of Direct Taxes. Learn about the summoning of witnesses...
Finance : An amount equivalent to forty per cent of the Fund corpus shall be placed at the disposal of the Secretary, Ministry of Finance, D...
Custom Duty : Case No. AD (SSR) - 20/2021 Initiation of sunset Review investigation concerning imports of Toluene Di-isocyanate (TDI), originati...
Income Tax : Notification No. 88/2021-Income Tax | Dated 04.08.2021 – High Court of Meghalaya, hereby designates the court of the senior ...
Custom Duty : Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scr...
An amount equivalent to forty per cent of the Fund corpus shall be placed at the disposal of the Secretary, Ministry of Finance, Department of Expenditure for the purpose of meeting unforeseen expenditure, and beyond this limit, all further Contingency Fund releases shall be made with the approval of Secretary to the Government of India, Department of Economic Affairs, after the approval of Secretary to the Government of India Department of Expenditure.
Case No. AD (SSR) – 20/2021 Initiation of sunset Review investigation concerning imports of Toluene Di-isocyanate (TDI), originating in or exported from China PR, Japan and Korea RP.
The Finance Minister demanded that the issues faced by taxpayers on current functionalities of the portal should be resolved by the team by 15th September, 2021 so that taxpayers and professionals can work seamlessly on the portal.
Notification No. 88/2021-Income Tax | Dated 04.08.2021 – High Court of Meghalaya, hereby designates the court of the senior most Judicial Magistrate First Class of East Khasi Hills District, Shillong as the Special Court for the State of Meghalaya for the purposes of sub- section (1) of section 280A of the Income-tax Act, 1961 and […]
CGST authorities bust input tax credit fraud of more than Rs 31,000 crore involving more than 7,200 cases in FY 2020-21 The Goods and Services Tax authorities have unearthed over Rs 31,000 crore of tax fraud committed by misuse of input tax credit (ITC) provision under the Goods and Services Tax (GST) regime during the […]
The interface for the taxpayers is on a digital platform and software-based, to be used for payment of tax and to comply with the requirements of law and procedure by taxpayers. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today.
Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021 New Delhi, S.O. 3068(E).—In exercise of the powers conferred by sub-section […]
(a) As on 01.06.2021, total undisclosed credits amounting to Rs. 20,078 crores have been detected with respect to India linked entities in the Panama Paper Leaks. (b) Disclosure of information regarding specific taxpayers is prohibited except as provided under section 138 of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Incomeand Assets) and Imposition of Tax Act, 2015.
The number of cases of non-compliance of orders of the Central Board of Direct Taxes (CBDT) like not filing appeal in the High Court despite the direction of Directorate General of Income Tax (DGIT) (Investigation) and allowing appeal without collecting the requisite demand by the Commissioner of Income Tax (CIT) (Central) Mumbai-II and Principal Commissioner of Income Tax (PCIT) (Central)-2 Kolkata from 31st March 2017 to 31st March 2019;
The Government has awarded Appreciation Certificates, on the eve of completion of 4 years of GST, to 54,439 (Fifty-four thousand four hundred and thirty-nine) taxpayers who have made substantial contribution in payment of GST and filed their returns in a timely manner.
