On October 8, 2021, India and United States joined 134 other members of the OECD/G20 Inclusive Framework (including Austria, France, Italy, Spain, and the United Kingdom) in reaching agreement on the Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalization of the Economy.
The Income Tax Department carried out a search and seizure operation on two real estate groups based in Delhi-NCR on 17.11.2021. These groups are engaged in the construction of commercial and residential projects.
‘Cross-border insolvency’ denotes circumstances in which an insolvent debtor has assets and/or creditors in more than one country. With the rapid increase in globalisation and the advent of sophisticated communications technology, cross-border trade and investment has increased the dependence of national economies on each other.
Regarding Vulnerability In PNB Server As Reported By Cyberx9 REPLY TO media report DATED 21st November 2021 regarding Vulnerability in PNB server as reported by CyberX9 We have noted the media report published in certain newspapers on 21.11.2021 reporting data exposure of account holders of PNB. In this context, we wish to clarify as under: […]
List of 26 New Bills to be presented in Lok Sabha with Object which includes The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021, The Insolvency and Bankruptcy (Second Amendment) Bill, 2021, The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, The Pension Fund Regulatory and Development Authority […]
Income Tax Department conducts searches on a leading Gutkha distributor in Gujarat The Income Tax Department carried out search and seizure operations on a leading Gutkha distributor of Gujarat on 16.11.2021. The search action covered more than 15 premises at different locations in Ahmedabad. During the course of the search action, various incriminating documents and […]
The Income Tax Department’s new Office-cum-Residential complex, ‘The Chinars’, at Srinagar, Jammu & Kashmir, was inaugurated today i. e. 22.11.2021 by hon’ble Finance Minister Smt. Nirmala Sitharaman in the presence of Lieutenant Governor of Jammu & Kashmir Sh. Manoj Sinha.
CCI releases key findings and observations on Market Study on Pharmaceuticals Sector in India The Competition Commission of India (CCI) has released here today a report titled ‘Market Study on the Pharmaceutical Sector in India: Key Findings and Observations’ (`the study’). The report may be accessed at: http://cci.gov.in/sites/default/files/whats_newdocument/Market-Study-on-the–Pharmaceutical–Sector-in-India.pdf With the overarching objective of understanding the […]
The entire textile trade and industry is in shock on Government’s decision of increase in GST Rate on textile from 5% to 12& which is the second largest revenue generating commodity after agriculture.
BJP MP Varun Gandhi Writes to PM Modi and requested that the demand for a law on MSP & other issues must also be decided upon immediately, so our farmers can return home after ending their agitation.