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GST Returns Scrutiny Manual

May 12, 2022 52614 Views 2 comments Print

Haryana GST Returns Scrutiny Manual standardize and streamline the procedural aspect with regards to the scrutiny of GST returns as per section 61 of the HGST Act, 2017. GST Returns Scrutiny Manual also envisages the subsequent actions as per section 73/74 of the HGST Act, 2017 if needed to be undertaken, for demand and recovery. GST […]

Request to clarify on SC judgement on Section 148 notices

May 12, 2022 7503 Views 0 comment Print

Income Tax Gazetted Officers’ Association requested CBDT to issue Clarification in respect of the judgement of Hon’ble Supreme Court in the case of  Union of India Vs Ashish Agarwal ,Civil Appeal No. 3005/2022, Dated: 04/05/2022  in the matter of notices u/s 148 issued between 01-04-2021 to 30-06-2021 under the pre amended provisions Income Tax Gazetted Officers’ […]

Haryana Excise Policy for The Year 2022-23

May 11, 2022 35796 Views 0 comment Print

The Excise Policies of the State have successfully achieved and strengthened the long term objectives of breaking the cartels, broad-basing the trade by facilitating the entry of new players of even modest means, simplifying/unifying the structure of wholesale supply of liquor by giving wholesale licenses to retail licensees, establishing a transparent system of allotment of […]

Resolution of Stressed Assets and IBC

May 11, 2022 3459 Views 0 comment Print

For any lender, the credit risk i.e., the possibility of not receiving the timely repayment of the contracted amount or of the counterparty not honouring its obligations in respect of the credit contract, constitutes a significant risk which need to be covered by maintaining adequate capital and risk provisions.

ED denies allegations made by Xiaomi India

May 11, 2022 879 Views 0 comment Print

The allegations that the statement of the officials of Xiaomi India was taken under coercion by ED is untrue and baseless. The officials of the Xiaomi India deposed their statements before ED under FEMA voluntarily in the most conducive environment on various occasions.

DRI foils attempts of gold smuggling, seizes 11 kg gold

May 10, 2022 936 Views 0 comment Print

DRI foils attempts of gold smuggling, seizes 11 kg gold worth more than Rs 5.88 crore in Lucknow & Mumbai The Directorate of Revenue Intelligence (DRI) has successfully foiled attempts of organised gold smuggling though air route by effecting two successive seizures in Lucknow and Mumbai last week, which had a common method of concealment […]

GST Council Newsletter for the month of April, 2022

May 10, 2022 6603 Views 1 comment Print

GST Revenue collection for April, 2022 Gross GST collection in April, 2022 is all time high, Rs. 25,000 crore more than the next highest collection of Rs.1,42,095 crore, just last month. The gross GST revenue collected in the month of April, 2022 is Rs. 1,67,540 crore of which CGST is Rs. 33,159 crore, SGST is […]

PMJJBY, PMSBY and Atal Pension Yojana complete 7 years

May 9, 2022 1557 Views 0 comment Print

Pradhan Mantri Suraksha Bima Yojana (PMJJBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMSBY) and Atal Pension Yojana (APY) complete 7 years of providing social security net Union Finance Minister Smt. Nirmala Sitharaman said low-cost insurance schemes and the guaranteed pension scheme are ensuring that Jan Suraksha now covers the last person of the society Union […]

Arrest Warrant by RERA against Ansal directors for not refunding to homebuyer

May 9, 2022 2430 Views 1 comment Print

Arrest Warrant by RERA against Ansal directors for not refunding to homebuyer Real Estate Regulatory Authority (RERA) has ordered for the issuance of Arrest Warrant against the directors of Ansal Housing Limited for noncompliance of an earlier order to refund to Homebuyers. RERA has ordered Ansal Housing Director’s to pay Rs. 5 Crores along with […]

India@100 – Insurance for all 

May 7, 2022 1707 Views 0 comment Print

Insurance Regulatory and Development Authority of India (IRDAI) is continuously engaging with the stakeholders of the insurance industry in order to set out a reforms agenda for increasing insurance penetration and facilitating sustainable growth of the industry.

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