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​​​More than 4500 startups recognized under emerging technologies

July 23, 2022 450 Views 0 comment Print

Due to proactive government interventions, Startups have grown from 471 in 2016 to 72,993 in 2022 Startups spread across 56 diversified sectors ​​​​​​​ More than 4500 startups recognized under emerging technologies such as IOT, Robotics, AI and Analytics etc. Startups and the entire technology ecosystem are the engines of growth for any country. Recognizing this […]

206 Crore released to States for promotion of exports under TIES scheme

July 23, 2022 429 Views 0 comment Print

Government is implementing Trade Infrastructure for Export Scheme (TIES) with the objective of assisting Central and State Government agencies in creation of appropriate infrastructure for growth of exports.

Request for extension of due date for filing ITR for AY 2022-23

July 22, 2022 15981 Views 3 comments Print

Due date of for filing TDS return for Q-4 was 31.05.2022. TDS Certificates are required to be issued within 15 days, (within 15.06.2022). The tax-payer has to reconcile the data with information contained in AIS as well as TDS certificates.

Handling Large Volume of TDS Data – Is it a Challenge?

July 22, 2022 6129 Views 0 comment Print

Preparing TDS Returns with large data volumes is one of the big challenges faced by the Finance & HRD teams across Enterprises. Tax Consulting Firms and HR companies providing outsourced services within the eco-system are also faced with similar issues.

Online Bond Trading Platforms – Proposed Regulatory Framework

July 21, 2022 2016 Views 0 comment Print

SEBI issues Consultation Paper on Online Bond Trading Platforms – Proposed Regulatory Framework for Public Comments

CA Intermediate Examination May 2022 Toppers & Pass Percentage

July 21, 2022 10341 Views 1 comment Print

Public Relations Committee The Institute of Chartered Accountants of India 21st July 2022 ICAI Press Release The Institute of Chartered Accountants of India (ICAI) today announced the results of Chartered Accountants Intermediate Examination held in May, 2022. Chartered Accountants Intermediate Examination held in May, 2022 I. Detail of All India Topper for Intermediate Examination held in May, […]

Claim of 18% GST on Crematorium Services is Misleading

July 21, 2022 6165 Views 1 comment Print

Claim: There will be 18% GST on Crematorium Services #PIBFactCheck This claim is #Misleading. There is no GST on funeral, burial, crematorium, or mortuary services. In this reference GST @ 18% is only applicable for work contracts and not the services.

Draft Guidance Note on Transfer Pricing Report – Section 92E

July 21, 2022 27084 Views 1 comment Print

ICAI Releases Exposure Draft Guidance Note On Report Under Section 92E Of Income-Tax Act, 1961 (Transfer Pricing) Based on the law as amended by Finance Act, 2022

Request to Extend Income Tax Return due date for Non-Audit & Salaried

July 21, 2022 65208 Views 18 comments Print

Representation requesting for Extension of due date for filing Income Tax Returns (Non-Audit and Salaried) for AY 2022-23 under section 139(1) of IT Act, 1961 with further request to permanently fix date of Filing ITRs as 31st August in future by issuing Notification

Staff draft of the IFRS Sustainability Disclosure Taxonomy

July 21, 2022 621 Views 0 comment Print

Staff draft of IFRS Sustainability Disclosure Taxonomy is issued by the IFRS Foundation for the public views. This draft sets out the initial thinking of staff of IFRS foundation for development of proposed IFRS Sustainability Disclosure Taxonomy by ISSB.

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