The Governor of the Reserve Bank of India, Shri Shaktikanta Das has announced that the Policy Repo Rate will remain unchanged at 4% and that the Marginal Standing Facility and Bank Rate will remain at 4.25%.
Finance Minister emphasized that an enhanced capex will play a critical role in revitalising the economy post pandemic and encouraged the Ministries to front-load their capital expenditure.
Income tax refunds of Rs. 7,538 crore have been issued in 15,02,854 cases & corporate tax refunds of Rs. 18,738 crore have been issued in 44,531 cases.
ICAI has released the Exposure Draft for Amendments in IND AS Taxonomy and in order to endorse transparency, objectivity, independence and participation of stakeholders, the same has been exposed for public comments till 19th June 2021.
Results of the Assessment for the Certificate Course on CSR held on 27.05.2021, has been declared. Members are required to login to their DLH portal to view the results.
Central Board of Indirect Taxes and Customs determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II is annexed hereto w.e.f 4th June 2021.
Updated due dates for filing of Form GSTR-1/IFF by Normal Taxpayers, Returns by Composition, NRTP, ISD, TDS & TCS Taxpayers and of Form ITC-04 have been listed here.
Union Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur has launched the six modules of short films of Investor Education & Protection Fund Authority (IEPFA) titled "Hisaab Ki Kitaab".
With the launch of the Startup India initiative, recognized startups have now spread across 623 districts. Each State and UT has at least one startup. 30 States and UTs have announced specific Startup Policies to support startups.
The Central Board of Indirect Taxes and Customs has changed the place of supply for B2B MRO services in the case of the shipping industry, to the location of the recipient of service.
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