In recent years, the payments ecosystem in India has witnessed rapid developments with a bouquet of payment systems, platforms, products and services available for consumers. Reserve Bank of India (Reserve Bank, Bank) is focused on deepening of digital payments and providing inclusive access to all citizens of the country, irrespective of their location or digital literacy.
Government of Maharashtra, reduces with effect from the 1st April 2022 rate of VAT on Natural Gas to 3% from existing Rate of 13.5 per cent. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 25th March 2022. NOTIFICATION THE MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT 1522/CR. 18/Taxation-1.— In […]
Government has decided to foreclose Revised Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme to revamp, redesign and refocus it better for better outcomes. As such, the notification dated 9th September 2021 stands withdrawn. MINISTRY OF COMMERCE (Department of Commerce) NOTIFICATION New Delhi, the 25th March, 2022 No. 17/2/2021 -EP (Agr i.IV).— The […]
Government appoints 5 new members in Appellate Authority in place of existing members under section 22A of the Chartered Accountants Act, 1949, section 22A of the Cost and Works Accountants Act, 1959 and section 22A of the Company Secretaries Act, 1980. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 25th March, 2022 G.S.R. 222(E).—In exercise of […]
E-Way Bill limit extended to Rs. 2 Lakh in Rajasthan wef 1st April 2022, Where the Goods movement commence and terminates within the area of same city without crossing the area of the city. GOVERNMENT OF RAJASTHAN COMMERCIAL TAXES DEPARTMENT NOTIFICATION Jaipur, dated: February,ak-1,2022 In exercise of the powers conferred by clause (d) of sub-rule […]
Criminal Procedure (Identification) Bill, 2022 Is A Bill to authorise for taking measurements of convicts and other persons for the purposes of identification and investigation in criminal matters and to preserve records and for matters connected therewith and incidental thereto.
To mitigate the hardship of the students who are sitting in the Central Board of Secondary Education (CBSE) – Senior School Certificate Examination, Term II (2021- 2022) and Council for the Indian School Certificate Examinations (ICSE), Semester 2, Year 2022 examinations and simultaneously pursuing Chartered Accountants Foundation Course Examination, May 2022, ICAI decided to re-schedule […]
How to apply for ITC verification: For the purpose of allowing Input Tax Credit under this notification, the application shall be submitted category wise by the dealer electronically in Form ITCV-A/B/C/D, as the case may be, through the official website of the Commercial Taxes Department (www.rajtax.gov.in), separately for each year, quarter wise, in the manner as provided therein, upto 31.08.2022.
Export Policy of Hydrofluorocarbons (HFCs) has been revised from ‘Free’ to `Restricted’ category with immediate effect and export Authorisations would be issued based on NOC from MoEF&CC. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No. 62/2015-2020 New Delhi, Dated: 23rd March, 2022 Subject: Amendment in […]
The Notification No. 60/2015-20 dated 09.03.2022 is amended to the extent that export of Rice (Basmati and Non-Basmati) to EU member states and other European Countries namely United Kingdom, Iceland, Liechtenstein, Norway and Switzerland only will require Certificate of Inspection from EIA/EIC. Export to remaining European countries (except United Kingdom, Iceland, Liechtenstein, Norway and Switzerland) […]
