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Dynamics of Inflation in South Asia

August 29, 2022 645 Views 0 comment Print

South Asia is most vulnerable to food inflation, given the large segment of our populations battling poverty. Moreover, this is a region in which it is rising food prices that can trigger second round effects leading to the generalisation of inflation and its persistence.

Non-availability of LLP Version 3 of MCA- 21 Portal & Filings on V2 portal

August 27, 2022 795 Views 0 comment Print

Regarding non- availability of LLP Version 3 of the MCA- 21 Portal and Company e-Filings on V2 portal for 9 forms from 27th Aug (12:00AM) to 28th Aug (11:59PM).

Centre amends Legal Metrology (Packaged Commodities) Rules 2011

August 27, 2022 906 Views 0 comment Print

The amendment exempts the garment or hosiery industry selling in loose or open from 6 declarations required under the Legal Metrology (Packaged Commodities) Rules, 2011

Join GST, Customs, Excel & Income Tax Courses at 60% Discount

August 27, 2022 930534 Views 151 comments Print

Join Certification Course on GST Compliances, Excel For professionals, Income Tax and Customs, Import & Export by TaxGuru Edu at 60% discount

Cabinet approves amendment to export policy for Wheat or Meslin Flour

August 26, 2022 951 Views 0 comment Print

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi has approved the the proposal for amendment of policy of exemption for Wheat or Meslin Flour (HS Code 1101) from export restrictions/ ban. Impact: The approval will now allow to put a restriction on the export of Wheat Flour which will ensure […]

Representation on issues & disposal of cases under ‘Faceless Appeal Scheme

August 25, 2022 8799 Views 0 comment Print

Representation on issues faced by Assessee/taxpayer after introduction of Faceless Appeal Scheme, which require serious deliberation

Abolish requirements of reporting under Clause 44 of Tax Audit Report: CASS

August 25, 2022 10149 Views 1 comment Print

Representation to CBDT on information sought from Tax Auditors under Clause 44 of Form 3CD and request to abolish this requirement

Filing of 9 forms in MCA21 Version-3.0 to go live from 01.09.2022

August 25, 2022 2094 Views 0 comment Print

09 company forms (CHG-1, CHG-4, CHG-6, CHG-8, CHG-9, DIR-3 KYC, DIR-3 KYC WEB, DPT-3 and DPT-4) to go-live on 01.09.2022 in MCA21 Version-3.0

Income Tax Department searches Ceramic Tiles Group in Gujarat

August 24, 2022 1989 Views 0 comment Print

Income Tax Department conducts searches in Gujarat The Income Tax Department carried out a search and seizure operation on 09.08.2022 on a business group primarily engaged in manufacturing and trading of ceramic tiles. The search action covered a total of 36 premises, spread across Rajkot, Morbi, Ahmedabad, Raipur, Guwahati, Gurgaon, and Kolkata. The search operation […]

Overseas investment rules and regulations notified

August 23, 2022 1407 Views 0 comment Print

Overseas investment rules and regulations notified Another step towards Ease of Doing Business In line with the amendment in the Foreign Exchange Management Act 2015, Outward Investments Rules have been framed by the Government of India in consultation with the Reserve Bank. Presently, the overseas investment by a person resident in India is governed by […]

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