It has been noticed that in a few cases, certain records are not reflected in GSTR-2B statement for the period of April 2022. However, such records are visible in GSTR-2A of such recipients.
Module wise new functionalities deployed on the GST Portal for taxpayers between October 2020 to March 2022. Module wise new functionalities deployed on the GST Portal for taxpayers 10/05/2022 Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, […]
Grant of recognition to NSDL Database Management Limited (NDML) as an Accreditation Agency- Pursuant to SEBI Circular dated August 26, 2021 on modalities for implementation of the framework for Accredited Investors, applications have been received from entities for recognition as Accreditation Agency, which shall issue Accreditation certificate to the investors seeking accreditation.
1. A new tax rate of 6% IGST or 3% CGST+ 3% SGST has been introduced on certain goods vide Notification No. 02/2022 dated 31st March 2022. Changes are being made on the GST portal to include this rate in GSTR-1. As a temporary measure, taxpayers who have to report goods at this rate may […]
Securities and Exchange Board of India Press Releases No. 15/2022 SEBI constitutes advisory committee on Environmental, Social and Governance (ESG) matters 1. SEBI has constituted a committee for advising on ESG-related matters in the securities market. The members of the committee are: S. No. Name Designation 1. Chair of Committee – Mr. Navneet Munot CEO, HDFC […]
Insolvency and Bankruptcy Board of India (Board) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022 (Amendment Regulations 2022) on 28th April, 2022.
Insolvency and Bankruptcy Board of India (IBBI) invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016 (IBC, 2016).
RBI Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.15 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 4.65 per cent.
The functionality of AATO for the FY 2021-22 has now been made live on taxpayers’ dashboards with the following features: ♦ The taxpayers can view the exact Annual Aggregate Turnover (AATO) for the previous Financial Year (FY). ♦ The taxpayers can also view the Aggregate Turnover of the current FY based on the returns filed […]
Since FY 2019-20, composition taxpayers has to pay the liability through Form GST CMP-08 on quarterly basis while return in Form GSTR-4 is required to be filed on annual basis after end of a financial year.
