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Paper on review of Regulatory Provisions related to Independent Directors

March 1, 2021 1077 Views 0 comment Print

SEBI Consultation Paper on Review of Regulatory Provisions related to Independent Directors – To solicit public comments / views on the proposals on review of regulatory provisions related to Independent Directors (IDs) on the boards of listed entities.

COVID19 Vaccination Registration to open on 1st March 2021

February 28, 2021 1449 Views 0 comment Print

Registration for next phase of COVID19 Vaccination on Co-WIN2.0 portal will open at 9:00 am on 1st March 2021 at www.cowin.gov.in. More than 10,000 private hospitals empanelled under Ayushman Bharat PMJAY, more than 600 hospitals under CGHS and other private hospitals empanelled under State Schemes can function as COVID Vaccination Centres. Free COVID Vaccination at all Government Health Facilities.

CGST Delhi officials arrest man for ITC fraud of Rs 50.03 crore

February 28, 2021 1260 Views 0 comment Print

The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST).

I-T Dept searches leading Tiles business group of South India

February 28, 2021 1701 Views 0 comment Print

Income Tax Department conducted searches on a prominent business group located in Chennai on 26.02.2021. Search was conducted at 11 premises and surveys in 9 premises of the group in Tamil Nadu, Gujarat and Kolkata. This business group is engaged in the business of manufacture and sale of Tiles and Sanitary-ware and are leaders in Tiles business in South India.

Foundation Stone of Central GST Bhavan of Palghar Commissionerate laid at Boisar

February 28, 2021 2220 Views 0 comment Print

The Foundation Stone of Central GST Bhavan of Palghar Commissionerate at Boisar, Palghar has been laid by Shri Rakesh Kumar Sharma, Principal Chief Commissioner, CGST & Central Excise, Mumbai on 27th February, 2021.

Integration of Income E-filing Portal with GST portal

February 28, 2021 3789 Views 0 comment Print

There is a great necessity of Integration of Income E-filing Portal with GST portal. The step taken by Central Government with respect to linking and integrating E-filing portal with GST portal is one of the most welcoming step towards the growth of tax revenue of Central Government which will ultimately lead to growth of economy, […]

Govt Caps Covid-19 vaccine at Rs. 250 per Dose at Private Hospitals

February 28, 2021 6480 Views 0 comment Print

States have been explained that the private hospitals functioning as CVCs can charge subject to a ceiling of Rs. 250 per person per dose along with the electronic and financial management mechanism in this regard. User Names and Passwords to be provided to the private facilities to facilitate effective use of CoWIN 2.0, were also discussed during the meeting.

Representation/Reminder on various issues relating to VAT/GST

February 27, 2021 2988 Views 0 comment Print

Since Nov., 2020, AAR is not functioning and orders for many cases which have been heard and kept for orders are also pending. We were informed that Central Authority has already been appointed and new Authority will start functioning in 7 — 8 days. We hope you will look into,it at your personal level and have the Authority start working.

No new provision added on blocking of content

February 27, 2021 483 Views 0 comment Print

Certain misgivings are being raised regarding Rule 16 under Part III of the rules which mention that in a case of emergency nature, interim blocking directions may be issued by the Secretary, Ministry of Information and Broadcasting.

CGST Ghaziabad unearths GST Evasion of approx Rs 37 Cr.

February 27, 2021 1485 Views 0 comment Print

CGST Ghaziabad unearthed GST evasion of approx Rs 37 Cr. linked with availment of fake ITC through chain of non-existent firms. Subsequent to this, the proprietor of the firm was arrested. Further investigations are underway. PRESS NOTE ONE PERSON ARRESTED IN CASE, OF FRAUDULENT AVAILMENT OF ITC OF RS. 37.14 CRORES ON THE BASIS OF […]

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