Council decided that the effective date of application of SAE 3410 shall be as follows – (i) Voluntary basis for assurance reports covering periods ending on March 31, 2023 (ii) Mandatory basis for assurance reports covering periods ending on or after March 31, 2024
New financial year begins with record exports of USD 38.19 billion in April April exports jump 24.22%, continuing the record-breaking 2021-22 performance, resulting in highest ever exports in April Non-petroleum exports rise 12.3% in April, non-petroleum imports up only 9.8% Petroleum products, Electronic goods and chemicals record major increase in exports INDIA’S MERCHANDISE TRADE: Preliminary […]
A memorandum is submitted to Finance Minister on Grievance related to scheme of annual return filing for the composition dealers under GST Act — modify the Late fee Rs. 10000/- imposing contrary to the 43rd GST Council decision – rectifications need to erroneous auto filled columns in GSTR 4 forms. Full text of the same […]
The paper observes that India’s pension-sector (NPS plus APY), provides a flexible mode of oldage income-security not only for salaried employees but also to the common person. In the recent 5-years, 2017-18 to 2021-22, subscriber numbers have multiplied over three-fold led by APY
ED has seized Rs.5551.27 Crore of M/s Xiaomi Technology India Private Limited lying in the bank accounts under the provisions of Foreign Exchange Management Act, 1999 in connection with the illegal outward remittances made by the company Directorate of Enforcement (ED) has seized Rs.5551.27 Crore of M/s Xiaomi Technology India Private Limited under the provisions […]
ED has provisionally attached assets amounting to Rs. 7.27 Crore including Fixed deposits worth Rs. 7.12 Crore of Jacqueline Fernandez under PMLA, 2002 in the case of Sukesh Chandrasekh Enforcement Directorate (ED) has provisionally attached assets amounting to Rs. 7.27 Crore including Fixed deposits worth Rs. 7.12 Crore of Jacqueline Fernandez under Prevention of Money […]
This is regarding recent news reports by prominent sections of the media that appeared today that the Narcotics Control Bureau (NCB) has busted a deep rooted racket of supply of heroin and other contraband drugs which are likely to be facilitated by e-commerce company Flipkart.
IRDAI has received suggestions to allow designing a Combi product for Micro-insurance, an idea that serves the need for a comprehensive one-stop solution for the target groups. This may require amendments to extant legal framework as well as IRDAI Regulations.
To familiarize the candidates with the remote proctoring process, the Institute has decided to conduct a mock test for 2 hour’s duration on 3rd May 2022. Appearance in the mock test is compulsory in view of its importance and usefulness for the Candidates. It will be in the best interest of the Candidates.
Central Goods and Services Tax (CGST) Commissionerate, Mumbai West Zone has busted a fake GST Input Tax Credit (ITC) racket and arrested the proprietor of a Malad based firm. The firm was involved in fraudulent availment and passing of Input Tax Credit (ITC) of Rs 15.23 Crore without receiving or supply of goods, in violation of the provisions of CGST Act, 2017.