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What is Filing Of 1042 Form?

September 28, 2022 17247 Views 0 comment Print

Forms 1042, 1042-S, and 1042-T are U.S I.R.S taxation forms dealing with dealings with foreign persons, including non-resident aliens, foreign entities, etc. Forms 1042 and 1042-S need to be filed separately. The main difference between these forms is that form 1042-S is concerned with payments made to foreign nationals, while form 1042 is concerned with […]

India-UAE CEPA makes significant positive impact on India-UAE trade

September 27, 2022 762 Views 0 comment Print

India-UAE CEPA makes significant positive impact on India-UAE trade Post India- UAE CEPA, India’s non-petroleum exports to UAE grow by 14% Year-on-Year during June-August 2022 Growth in exports achieved amidst significant global macroeconomic headwinds India-UAE CEPA bears fruit; India’s non petroleum exports to UAE grow by more than 5 times India’s non-petroleum exports to the […]

RFP for Concurrent Audit of investments of POLIF & RPOLIF

September 27, 2022 2379 Views 0 comment Print

Invitation for REQUEST FOR PROPOSAL (RFP) for Engagement of Concurrent Auditor for Concurrent Audit of Investment Functions of Post Office Life Insurance Fund (POLIF) and Rural Post Office Life Insurance Fund (RPOLIF)

Request to issue SOP to officers to improve effectiveness of Video Conference proceedings in faceless regime

September 25, 2022 5559 Views 1 comment Print

KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R) Date: Saturday, September 24, 2022 To, Smt. Nirmala Sitharaman Hon. Union Minister of Finance and Corporate Affairs Government of India Hon’ble Madam, SUBJECT: Request to issue SOP to the officers to improve the effectiveness of the Video Conference proceedings in the faceless regime The Karnataka State Chartered Accountants Association […]

No change in Export Policy of Par Boiled Rice and Basmati Rice

September 25, 2022 2571 Views 0 comment Print

India’s Rice availability position is comfortable “Prohibited” status of Broken Rice ensures domestic food security and feed availability Domestic price of rice under check No change in Export Policy of Par Boiled Rice and Basmati Rice With the amendment in export policy of Broken Rice from “free” to Prohibited”, Government of India has successfully ensured […]

Homebuyers Benefited from RERA but a long way to go

September 24, 2022 1905 Views 0 comment Print

The Real Estate Regulation & Development Act, 2016 (RERA) was passed in the Parliament in March 2016 & it came into effect from 1st May 2016. In May 2022, RERA completed 6 Years. RERA law, various decisions of Hon. Supreme Court and other judicial forums like NCDRC, NCLT has substantially empowered the India’s Homebuyers. Modi […]

Request for granting exemption from delayed filing fee for DIR 3KYC & KYC web

September 24, 2022 9519 Views 1 comment Print

ICSI request MCA to consider granting exemption from delayed filing fee for forms DIR 3KYC and KYC web for directors till 30th October, 2022.

Empanelment of Chartered Accountant as special Income Tax Auditor

September 23, 2022 10545 Views 0 comment Print

The Pr. Chief Commissioner of Income-tax, NWR, Chandigarh invites applications from Chartered Accountants for empanelment as Special Auditors for the period 01.01 .2023 to 31.12.2024 Govt. of India Office of the Pr.Chief Commissioner of Income Tax, N.W. Region, Aayakar Bhawan, Sector-17 E, Chandigarh Telefax: 0172-2544252  e-mail : chandigarh.dcit.hq.iudicialRincometax.gov.in PUBLIC NOTICE The Pr. Chief Commissioner of […]

CA Firms mandated to assess their current level of maturity model using AQMM

September 23, 2022 1767 Views 0 comment Print

ICAI) has mandated CA firms to undertake audit quality maturity evaluation through AQMM rev v1.0 w.e.f. 1st of April 2023.

Fact Sheet on Amendment in India’s export policy on Rice

September 23, 2022 600 Views 0 comment Print

Recent changes in India’s rice-export rules have helped keep a check on domestic prices without reducing the availability for exports. The changes have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and to help the animal husbandry and poultry sectors by reducing the cost of animal […]

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