Attention Exporters: Provide complete and correct Shipping Bill Number while filing Table 6A of GSTR-1, to ensure that the GST System transmits the export invoice data, in case of export of goods with payment of IGST, to ICEGATE for refund. Steps to be followed by taxpayers, who have submitted FORM GSTR 3B but not filed […]
The Government constitutes a Steering Committee on Fintech related issues to consider various issues relating to development of Fin tech space in India with a view to make Fin tech related regulations more flexible and generate enhanced entrepreneurship in an area where India has distinctive comparative strengths vis-à-vis other emerging economies;
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Finance Ministry: Robust growth in manufacturing and significant acceleration in construction mark a turnaround in the country’s economic growth momentum; Heralding an improvement in the investment climate, real gross fixed capital formation is estimated to grow at a robust 7.6 percent for 2017-18, accelerating from 6.9 percent in Q2 2017-18 to 12 percent in Q3 2017-18.
Letter of Interest for appointment of Investment Risk Management Systems and Process Auditor with Oriental Insurance Company Limited.
With spurt in economy and increased reliance on the role of profession, there started the issue of expectation gap or should I say perception gap. We need to rekindle the credibility as core to our existence and growth. Hardcore virtuous professional conduct and our faith in strong enforcement of the framework of the Act will evolve us to be stronger.
As per twitter handle of CBEC there is Substantial reduction in documents required for import & export has expedited the clearance process and contributed in ease of doing business in India. 1. only three documents mandatory for general import and exports. 2. Packing list and commercial invoice merged into a single document for Customs. 3. […]
Officers of CGST Mumbai have arrested two businessmen for creating fictitious invoices and availing ineligible credit. The persons have been arrested for availing input tax credit on the basis of fraudulent invoices against which no actual goods were bought or sold.
Fugitive Economic Offenders Bill, 2018 Bill would help in laying down measures to deter economic offenders from evading the process of Indian law by remaining outside the jurisdiction of Indian courts.
GOvt approved the proposal for establishment of National Financial Reporting Authority (NFRA) and creation of one post of Chairperson, three posts of full-time Members and one post of Secretary for NFRA.
