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SOP for Qualified Jewellers importing gold through IIBX

August 5, 2022 3660 Views 0 comment Print

Standard Operating Procedure for Qualified Jewellers importing gold through India International Bullion Exchange

CBDT notifies Qatar Holding LLC as sovereign wealth fund U/s. 10(23FE)

August 5, 2022 1299 Views 0 comment Print

CBDT notifies sovereign wealth fund, namely, Qatar Holding LLC  vide Notification No. 93/2022-Income Tax | Dated: 5th August, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 93/2022-Income Tax | Dated: 5th August, 2022 S.O. 3707(E).—In exercise of powers conferred by sub-clause (vi) of clause (b) of the Explanation […]

CBDT notifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased

August 5, 2022 3333 Views 0 comment Print

CBDT specifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased ide Notification No. 92/2022-Income Tax | Dated: 5th August, 2022. Clause (XIII) of the first proviso to clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961  provides that where any sum […]

Amount received for Covid-19 Treatment from any person- CBDT notifies conditions & Forms

August 5, 2022 2091 Views 0 comment Print

Clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961 provides that any sum of money received by an individual, from any person, in respect of any expenditure actually incurred by him on his medical treatment or treatment of any member of his family in […]

Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment

August 5, 2022 5040 Views 0 comment Print

CBDT specifies Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment vide Notification No. 90/2022-Income Tax, Dated: 05.08.2022 Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) New Delhi Notification No. 90/2022-Income Tax | Dated: 5th August, 2022 S.O. 3703(E).—In exercise of the powers conferred by sub-clause […]

RBI increases repo rate by 50 basis points to 5.40 (Read Press Release)

August 5, 2022 840 Views 0 comment Print

Monetary Policy Committee (MPC) at its meeting today (August 5, 2022) decided to: Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per cent with immediate effect.

Companies (Accounts) Fourth Amendment Rules, 2022

August 5, 2022 28131 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th August, 2022 G.S.R. 624(E).—In exercise of the powers conferred under sub-sections (1) and (3) of section 128, sub-section (3) of section 129, section 133, section 134, sub-section (4) of section 135, sub-section (1) of section 136, section 137 and section 138 read with section 469 of […]

Office Order No.166 of 2022 [ Promotion to the grade of CIT]

August 5, 2022 7191 Views 0 comment Print

Office Order No. 166 of 2022 122 officers are, hereby, promoted to the grade of Commissioner of Income Tax (CIT) for the panel year 2022

Extension of validity of Status Certificates issued in FY 2015-16 & 2016-17

August 5, 2022 1653 Views 0 comment Print

Validity of Status Holder Certificates issued in the FY 2015-16 and 2016-17 under provisions of FTP 2015-20 has been extended upto 30.09.2022

SEBI constitutes FPI Advisory Committee for facilitation of investments

August 5, 2022 1035 Views 0 comment Print

SEBI constituted a Standing Committee to facilitate FPI investments & to advise SEBI on policy matters relating to Foreign Portfolio Investors

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