CAclubindia News

CBDT issued corrigendum explaining amendments made in direct tax laws vide Finance Act 2022

08 February 2023 at 08:48

CBDT has issued Corrigendum dated February 06, 2023 to Circular No. 23 of 2022 dated November 03, 2022 on the Explanatory Notes to the Finance Act 2022 regarding the amendments made in direct tax laws vide Finance Act, 2022

Posted in Income Tax | 5616 Views

MCA extends time for filing of 45 company e-Forms & PAS-03 in MCA-21 V3 without additional fees

08 February 2023 at 08:47

MCA vide General Circular No. No. 03/2023 dated February 07, 2023 extended the time for filing of 45 company e-Forms and PAS-03 in MCA 21 Version 3.0 without additional fees for a period of 15 days.

Posted in Corporate Law | 8103 Views

ICAI releases ED of Guidance Note on Financial Statements of Non-Corporate Entities and LLPs

07 February 2023 at 17:05

Exposure Drafts of Guidance Note on Financial Statements of Non-Corporate Entities and Guidance Note on Financial Statements of Limited Liability Partnerships for comments

Posted in Corporate Law | 6516 Views

Government provides big relief to MSMEs for COVID-19 period

07 February 2023 at 08:39

Government provides a big relief to MSMEs for COVID-19 period; fulfils promise announced in Union Budget 2023-24

Posted in Union Budget | 3921 Views

Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till 31st Jan 2023

07 February 2023 at 08:38

For individual taxpayers between the age of 18 to 35 years, 2,09,06,829 ITRs filed, and Rs 93,318 crore paid in gross taxes, before claim of refund, during FY 2022-23 till 31st January 2023

Posted in Income Tax | 5424 Views

CBDC: e₹-R is in the form of digital token that represents legal tender

07 February 2023 at 08:37

The Reserve Bank of India (RBI) launched the first pilot of Digital Rupee- Retail segment (e₹-R) on December 01, 2022. T

Posted in Others | 2712 Views

Crypto Assets are borderless, require international collaboration to prevent regulatory arbitrage

07 February 2023 at 08:35

Crypto Assets are by definition borderless and require international collaboration to prevent regulatory arbitrage.

Posted in Corporate Law | 2976 Views

RBI framework for invoicing and payments for international trade in Indian Rupee

07 February 2023 at 08:34

The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR Series) Circular No. 10 RBI/2022-2023/90 dated 11.07.2022 on "International Trade Settlement in Indian Rupees (INR)"

Posted in Others | 2673 Views

No major GST rationalisation, slab changes planned for now, says Revenue Secretary

06 February 2023 at 08:33

India is not planning any major rationalisation to rates under its goods and services tax (GST) regime and is also not considering any convergence of the slabs as of now, revenue secretary Sanjay Malhotra has said.

Posted in GST | 3177 Views