Income tax refunds of Rs. 16,373 crore have been issued in 22,61,918 cases & corporate tax refunds of Rs. 51,029 crore have been issued in 1,37,327 cases.
The meeting deliberated on the various mandates of the FSDC, viz., Financial Stability, Financial Sector Development, Inter-regulatory Coordination, Financial Literacy, Financial Inclusion, and Macro prudential supervision of the economy etc.
ICAI has written a representation letter to the Executive Editor of Navbharat Times - Mr. Sanjay Khati as a response to their News item with the caption "LIC Agent ke khate se Rs. 16 lac nikale gaye, CA giraftaar".
CA. Nihar N. Jambusaria - President, ICAI's September 2021 message for members and students.
The Institute of Cost Accountants of India has extended the last date of admission to the CAT Course to 15th September 2021 for the December 2021 term of examinations.
The Indian delegation included Governor RBI, Chairman SEBI, Chairman IFSCA, Secretary Economic Affairs and others. The Dialogue, inter alia, covered discussions on economic cooperation on multilateral issues, including G20 and COP26.
Ministry of Finance has announced that FM Nirmala Sitharaman will chair the 45th meeting of the GST Council on 17th September at Lucknow. Highlights of the 44th and 43rd GST Council Meeting has been listed in this news piece.
CBDT has inserted a new Rule 9D after Rule 9C which lays down provisions for Calculation of Taxable Interest Relating to Contribution in a Provident Fund or Recognised Provident Fund, Exceeding the Specified Limit.
Under the Atal Pension Yojana, a guaranteed pension scheme of GoI and administered by PFRDA, more than 28 lakh new APY accounts have been opened during the current FY 2021-22. Overall, enrolments under APY has crossed 3.30 crore as on 25th August 2021.
The gross GST revenue collected in the month of August 2021 is Rs. 1,12,020 crore of which CGST is Rs. 20,522 crore, SGST is Rs. 26,605 crore, IGST is Rs. 56,247 crore and Cess is Rs. 8,646 crore.
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