The Central Bureau of Investigation has arrested a Girdawar (Revenue Department Official equivalent to Kanungo), Miran Sahib, District Jammu for demanding & accepting bribe
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA Payment of Membership Fee and updation of Professional address Members are kindly aware that the fee for the year 2022-2023 has become due and payable on 1st April, 2022. The amount of Annual Membership fee is payable (along with 18% G.S.T) for which letters have been sent to […]
In spite of the pandemic and the war in Europe, India is going to contribute about 14 per cent of global growth. In fact, India is likely to be the second most important driver of global growth in 2022 after China.
After criticism on Tax Rate Reduction for Corporates Income Tax India has given following clarification on Twitter. It is to be noted that Tax Rate for Corporates been reduced to 22% while other category of Taxpayers Including, Individuals, HUF and Senior Citizens are not been given any relief by the Government – The corporate tax […]
Income Tax Department carried out a search operation on 03.08.2022 on two major groups engaged in the manufacturing of steel TMT Bars.
Govt clarified on 18% GST on house rent for tenants as follows:- – Renting of residential unit taxable only when it is rented to business entity – No GST when it is rented to private person for personal use – No GST even if proprietor or partner of firm rents residence for personal use Govt […]
Income Tax Department carried out a search operation on a Jhansi based group, engaged in the business of civil contract and real estate development.
Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to avail & pass on fake GST Input Tax Credit (ITC) of around Rs. 27.59 crore, on bogus invoices of Rs 455 Crores, and have arrested the director of M/s Ammy International Journal (OPC) Private Limited.
1. GST Registration 1 Allow taxpayer to enter multiple trade names Earlier only a single Trade Name was being captured during New Registrations and subsequent amendment in core field for Normal Taxpayer on the Portal. Now taxpayers have been provided with an option to provide up to 9 additional trade names for a single GSTIN […]
The Income Tax Department carried out a search operation on 03.08.2022 on a Jaipur based group, engaged in the business of gems and jewellery, hospitality and real estate. The search operation has covered more than three dozen premises located in Jaipur and Kota.
