In the Budget speech 2021-22, it has been announced that "debtfinancing of InvITs and REITs by Foreign Portfolio Investors will be enabled by making suitable amendments in the relevant legislations.
The SEZ Rules, 2006 came into effect on 10th February, 2006. The salient features of the SEZ scheme has been listed here.
Considering the importance of professional and other service providers for the development of financial products, financial services and financial institutions in the IFSC, a framework for enabling ancillary services has been notified.
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Income tax refunds of Rs. 67,334 crore have been issued in 1,84,45,638 cases & corporate tax refunds of Rs. 1,23,680 crore have been issued in 2,14,935 cases.
ICAI ARF has launched its first ever pilot project i.e. Accounts Assistant Scheme in order to contribute towards Skill Development and making the youth employable.
Functionality to opt in for composition has been made available for FY 2021-22 in the Dashboard of taxpayers at Common Portal.
To know more about QRMP scheme; please visit https://bit.ly/3oZgBU1 and for furnishing details in IFF and furnishing tax details PMT06; please visit https://bit.ly/3aMU7Rg.
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DGGI Gurugram Zonal Unit (GZU), Haryana has arrested one Shei Surender Kumar Gupta resident of New Delhi on charges of availing and passing on fake input tax credit by way of receipt/issuance of invoices without any actual supply of goods or services.
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