The Minister of Commerce and Industries, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyaltoday called for free trade within a rules-based multilateral trading system with honesty and transparency as core values.
Issuance of calendar for Sovereign Gold Bond Scheme 2021-22 The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in four tranches from October 2021 to March 2022 as per the calendar specified below: S.No. Tranche Date of Subscription […]
Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensions, due from 01.07.2021. An increase of 3% over the existing rate of 28% of the Basic Pay / Pension. This will benefit about 47.14 lakh Central Government employees and 68.62 lakh pensioners. Impact on the exchequer […]
It has been decided to re-open the online empanelment of members to act as observers at the examination centres for the chartered accountants’ examinations, December 2021, from 22nd October 2021 to 26th October 2021.
It may be clarified that there is no commercial variety of GM rice in India, in fact the commercial GM cultivation of rice is banned in India. There is no question of export of GM rice from India.
Multipurpose Empanelment Form (MEF) is now hosted at MEFICAI website. Members can fill up the application form directly on the MEFICAI website itself and Submit it. Members can view the Application and can edit the Application in different stages. However after submission of the application form members will not be able to edit the application, They […]
ICAI submitted its Suggestions on GST Portal related to Significant changes in GSTR-1, GSTR-2A, GSTR-2B and GSTR-3B Returns & Integration, Recent changes in Registration and Refund, available Functionalities and New Functionalities & Tools required. Suggestions on GST Portal August 2021 GST & Indirect Taxes Committee THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NEW DELHI INTRODUCTION […]
Income Tax Department conducts searches on groups engaged in the business of Digital Marketing & Waste Management The Income Tax Department initiated search and seizure operations in two groups based in several States on 12.10.2021. The first group is engaged in digital marketing and campaign management wherein the search operations have been carried out at […]
The Income Tax Department carried out search and seizure operations on an importer and trader of laptops, mobile phones and peripheral parts. The search operations commenced on 10.10.2021 and were spread across the National Capital Region, Haryana and West Bengal.
Income Tax Department’s searches in Maharashtra reveal unaccounted income of over Rs. 184 crore The Income Tax Department carried out search and seizure operations on two real estate business groups of Mumbai and certain individuals/ entities associated with them. The search operations commenced on 07.10.2021 and have been carried out at about 70 premises spread […]
