CAclubindia News

Amit Mitra urges FM Sitharaman to extend GST compensation from 3 to 5 years

14 June 2022 at 08:45

Former West Bengal Finance Minister Amit Mitra has written a letter to Union Finance Minister Nirmala Sitharaman urging her to continue to provide GST compensation to the States for the next three to five years beyond June 2022.

Posted in GST | 1 comments | 3894 Views

CBIC Chairman: GST council will decide on compensation cess

13 June 2022 at 08:53

The GST council will take a decision on the demand by Goa and other smaller states on continuing with compensation cess, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said.

Posted in GST | 1530 Views

IT Department aims to spread tax literacy among children through games, puzzles and comics

13 June 2022 at 08:53

CBDT has brought out products to introduce concepts related to taxation, often perceived to be complicated, to high school students through board Games, puzzles and comics.

Posted in Income Tax | 3333 Views

CBIC chairman: GST council need to bring petroleum products under the ambit of GST

12 June 2022 at 09:13

CBIC chairman Vivek Johri on Saturday added that there's a need for the GST council to deliberate bringing petroleum products under the ambit of GST.

Posted in GST | 3453 Views

CBDT Chairman: Taxpayers base and ITRs rose for FY 2022

12 June 2022 at 09:13

The number of income tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday.Talking to PTI, Ms Singh said the number of income tax returns last fiscal was 7.14 crore against

Posted in Income Tax | 3921 Views

MCA notified Companies (Appointment and Qualification of Directors) Second Amendment, Rules,2022

11 June 2022 at 08:47

Central Government hereby makes rules further to amend the Companies (Appointment and Qualification of Directors) Rules, 2014.

Posted in Corporate Law | 4929 Views

RBI Governor calls for alternative data source for policy making

11 June 2022 at 08:47

Inaugural Address By Governor, Shri Shaktikanta Das at the Annual Statistics Conference of the Department of Statistics and Information Management (DSIM), Reserve Bank of India in Guwahati on June 10, 2022

Posted in Others | 2844 Views

FM Nirmala Sitharaman to inaugurate National Museum of Customs and GST in Goa

11 June 2022 at 08:47

Smt. Nirmala Sitharaman would be dedicating to the nation 'Dharohar' – the National Museum of Customs and GST in Panaji, Goa on Saturday, as part of the Azadi Ka Amrit Mahotsav Iconic Week celebration of the Ministry of Finance.

Posted in GST | 1431 Views

GST to help revenue boost beyond budget estimates: Revenue Secretary Bajaj

10 June 2022 at 14:21

Even as the government takes a hit on revenue due to the recent excise and custom duty cuts on fuel and certain commodities, going by the preliminary indicators, revenue receipts in FY’2022-23 may exceed the budget estimates on strong Goods and

Posted in GST | 1674 Views

GST on EV batteries could be reduced

10 June 2022 at 10:41

To give a boost to green mobility plans, Indian government may cut the GST on lithium-ion batteries and bring them on par with taxes on electric vehicles (EVs).Discussions have already begun on how to proceed with the plan, which is a crucial step in

Posted in GST | 3384 Views