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CBI arrests a CGST superintendent from Rohtak in a bribery case

August 17, 2020 1626 Views 0 comment Print

CBI had registered a case U/s 120-B of IPC and Section 7 of PC Act, 1988 (as amended in the year 2018) against two Superintendents and two Inspectors, working in the office of Commissioner of CGST, Rohtak (Haryana) on a complaint.

Appointment of BSR as statutory auditor of IFIN for 2017-18 was illegal: NFRA

August 17, 2020 1824 Views 0 comment Print

The appointment of BSR as the statutory auditor of IL&FS Financial Services Ltd. (IFIN) for the year 2017-18 was illegal, since BSR was not eligible to be appointed as such auditor due to violation of Sec 141(3)(e) (subsisting business relationships on the date of appointment) and Sec 141(3)(i) (provision of non-audit services directly or indirectly) of the Companies Act, 2013. BSR’s continuation as such statutory auditor was also violative of Sec 141(4).

“Make in India” with “Make for World” should be mantra says PM

August 16, 2020 924 Views 0 comment Print

PM Shri Narendra Modi highlights importance of Aatmanirbhar Bharat in 74th Independence Day speech. National Infrastructure Pipeline Project to play a crucial role in pulling the country out of impact of Covid 19 : PM Make in India with Make for World should be mantra says PM

FAQs on NPS & NPS for NRI Through eNPS

August 16, 2020 5733 Views 1 comment Print

Q. 1 What is National Pension System? Ans: National Pension System is a contributory pension system which was initially (from 1st January 2004) introduced for the government employees and later rolled out for all citizens of India from May 1, 2009. Any citizen of India in the age group 18 to 65 years can join […]

GST Portal amended to Ease Compliance Burden for Taxpayers

August 16, 2020 1365 Views 0 comment Print

Since the inception of GST in the last three years, it’s been a tough journey for all the stakeholders in understanding and processing the system for compliance fulfilments. Though, there have been changes and flexibilities provided by the CBEC from time to time to ensure no default on taxes, still many areas seem to be inconsistent enough to give […]

Launch of ‘Transparent Taxation’ system on Income Tax Portal

August 16, 2020 1461 Views 0 comment Print

On 13th August 2020, Honourable Prime Minister Narendra Modi has enunciated a platform to tribute the honest taxpayers of the country and ensuring awareness about honest tax payment in India. The inauguration of the “Transparent Taxation” program happened at 11 am through video conferencing. The “Transparent Taxation” platform will work to create major reforms meant to establish more transparency in income […]

CBI arrests two EPFO officials in a bribery case of Rs. 8 lakh

August 16, 2020 1473 Views 0 comment Print

CBI has arrested an Accounts Officer and an Enforcement officer, both working in EPFO, Noida (Uttar Pradesh) for demanding & accepting bribe of Rs.Eight Lakh from the complainant.

Gift to Honest taxpayer PM- Faceless assessment taxpayer charter implemented

August 15, 2020 2253 Views 0 comment Print

मोदी ने ईमानदार करदाताओं को दी सौगात, फेसलेस असेसमेंट और टैक्सपेयर्स चार्टर लागू !!  ‘Transparent Taxation – Honouring the Honest’ A new platform Lunched through video conferencing by honourable Prim Minister Mr. Narendra Modi. देश में चल रहा Structural Reforms का सिलसिला आज एक नए पड़ाव पर पहुंचा है। 21वीं सदी के टैक्स सिस्टम की […]

ICSI Request for extension of due dates of Company Law compliances

August 14, 2020 11013 Views 0 comment Print

REQUEST FOR EXTENSION OF DUE DATES OF COMPLIANCES UNDER THE COMPANIES ACT, 2013 DUE TO COVID-19- As you are aware that COVID-19 pandemic has affected the entire world including India. Many offices have been closed, while others are not fully operational

India’s Foreign Trade: July 2020

August 14, 2020 3354 Views 0 comment Print

India’s overall exports (Merchandise and Services combined) in April-July 2020-21* are estimated to be USD 141.82 billion, exhibiting a negative growth of (-)21.99per cent over the same period last year. Overall imports in April-July 2020-21* are estimated to be USD 127.76 billion, exhibiting a negative growth of (-) 40.66per cent over the same period last year.

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