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MSME Ministry clarifies of not receiving any request from cost and management accountants to conduct financial audit of MSMEs

   27 December 2022 at 08:43

MSME Ministry informed Parliament on Thursday that the MSME Ministry has not received any request from the cost accountants' institute to allow cost and management accountants to conduct financial audit of micro, small and medium enterprises.

Posted in Corporate Law  2 comments |   6333 Views


MCA to launch 56 forms in two phases by 23rd January 2022

   26 December 2022 at 08:39

In our continuous endeavour to serve you better, the Ministry of Corporate Affairs is launching a Second set of Company Forms covering 56 forms in two different lots on the MCA21 V3 portal.

Posted in Corporate Law |   9696 Views


ICAI releases Applicable Study Material for May / June 2023 CA Exams

   24 December 2022 at 08:40

APPLICABLE STUDY MATERIAL FOR MAY/ JUNE 2023 EXAMS FOUNDATION, INTERMEDIATE AND FINAL COURSE

Posted in Students |   19593 Views


CBIC committee to dispose of pending pre-GST cases

   24 December 2022 at 08:39

CBIC has constituted Customs, Central Excise and Service Tax Settlement Commission aimed to resolve and settle the show-cause notices issued under the Customs Act, Central Excise Act and Service Tax regime.

Posted in GST |   4194 Views


3 people held for GST fraud in Chandigarh

   24 December 2022 at 08:38

The three accused, identified as Jitender Singh Bhalla alias Vicky, 39, of Fatehgarh Sahib, Rajeev Poonga, 55, of Sunny Enclave, Kharar, and Pushp Behal, 49, of PGI Society, Sector 49, are allegedly involved in a GST fraud

Posted in GST |   3327 Views


MSME Ministry: No information on negative impact of GST on MSMEs

   23 December 2022 at 08:26

Even as MSMEs have been critical of the government's Goods and Services (GST) tax on multiple occasions since its launch in 2017, the MSME ministry said it hasn't come across any information related to the negative impact of the tax system.

Posted in GST |   5577 Views


Uttarakhand businessman sentenced to 5 years for ITC fraud of Rs. 17 crore

   22 December 2022 at 08:35

A businessman in Uttarakhand's Haridwar district has been sentenced to five years in jail for an input tax credit fraud of Rs. 17 crore.

Posted in GST |   7368 Views


Bihar-based daily wage labourer gets income tax notice of Rs 14 crore

   21 December 2022 at 08:52

A Bihar-based daily wage labourer, who earns Rs 10,000 to Rs 20,000 per month was shocked to his core as he received an income tax notice of Rs 14 crore at his house in Rohtas.

Posted in Income Tax |   6726 Views


GST compensation of Rs 17,176 crore pending to states as on June 2022

   21 December 2022 at 08:50

The government on Tuesday informed Rajya Sabha that GST compensation of Rs 17,176 crore is pending to states as on June 2022.

Posted in GST |   4302 Views


CBI arrested CGST Superintendent in a bribary case of Rs 20 lakh to close GST evasion case

   21 December 2022 at 08:50

The CBI has arrested a Superintendent of CGST, Anti-Evasion Unit, Vashi, Navi Mumbai (Maharashtra) in a bribery case for demanding a bribe of Rs 20 Lakh for closing an investigation and not arresting the accused in a GST evasion case.

Posted in GST |   7101 Views



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