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FM Nirmala Sitharaman to chair the 45th GST Council Meeting on 17th September at Lucknow
02 September 2021 at 06:04Ministry 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 inserts new Rule 9D - Calculation of Taxable Interest Relating to Contribution in a Provident Fund
02 September 2021 at 06:04CBDT 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.
Atal Pension Yojana total enrolments crossed 3.30 crore
02 September 2021 at 06:03Under 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.
Rs. 1,12,020 crore of gross GST revenue collected in August 2021
01 September 2021 at 19:35The 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.
FM Nirmala Sitharaman says improvement in health infrastructure will lead to confidence in revival of economy
01 September 2021 at 05:50FM said that the second wave of COVID-19 pandemic sharply brought the need to focus and strengthen our medical and healthcare infrastructure so that we emerge stronger from any such healthcare crisis.
Monthly Review of Accounts of Union GoI upto the month of July 2021 for FY 2021-22
01 September 2021 at 05:49GoI has received Rs. 6,83,297 crore upto July, 2021 comprising Rs. 5,29,189 crore Tax Revenue, Rs. 1,39,960 crore of Non Tax Revenue and Rs. 14,148 crore of Non Debt Capital Receipts. Total Expenditure incurred is Rs. 10,04,440 crore.
Finance Ministry releases Rs 13,385.70 Crore Grant-in-aid For Rural Local Bodies
01 September 2021 at 05:49Ministry of Finance has on Monday released an amount of Rs. 13,385.70 crore to 25 States for providing grants to the Rural Local Bodies. This Grant-in-aid is the 1st installment of Tied grants of the year 2021-22.
ICAI | Exposure Draft of Revised AS 36, Impairment of Assets
31 August 2021 at 19:52ICAI has released the Exposure Draft of Revised AS 36 - Impairment of Assets for public comments. Comments on the above mentioned ED may be sent electronically or via email or post so as to reach the institute latest by 30th September 2021.
CBIC further extends the exemption from Customs Duty/Health Cess on Import of Covid Relief Items
31 August 2021 at 16:10CBIC via Notification No. 41/2021 - Customs dated 30th August 2021 has further extended the exemption from Customs Duty/Health Cess on the Import of Covid Relief Items, including Covid 19 Vaccine and Oxygen Related Equipment.
Date for Filing Application for Revocation of Cancellation of Registration Extended
31 August 2021 at 05:52Where the due date of filing of application for revocation of cancellation of registration falls between 1st March 2020 to 31st August 2021, the time limit for filing such application has been extended up to 30th September 2021.
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