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NPS and APY enrolments cross 1.35 crore in FY 2022-23

   07 April 2023 at 08:48

Total enrolments under various schemes under NPS and APY cross 1.35 crore during Financial Year 2022-23

Posted in Corporate Law |   3045 Views


RBI keeps repo rate unchanged at 6.5%

   07 April 2023 at 08:47

Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Others |   3822 Views


Cancelled GST registration can be applied for revocation by 30th June 2023

   06 April 2023 at 08:41

Businesses whose Goods and Services Tax (GST) registrations were cancelled before December 31 for non-filing of returns can apply for revocation of the cancellation by June 30, after paying due taxes, interest and penalty.

Posted in GST |   15348 Views


CBDT | Employers to ask employees about preferred tax regime for deducting TDS from salary

   06 April 2023 at 08:38

The Income Tax Department on Wednesday said employers will have to seek details from employees about their preference for tax regime in the current fiscal and deduct TDS accordingly.

Posted in Income Tax |   8355 Views


Income Tax Scanner on 89 High-Value Foreign Remittance Cases

   05 April 2023 at 08:38

The income tax department has identified 89 "high-risk foreign remittance" cases with suspected tax evasion of over Rs 100 crore each.

Posted in Income Tax |   7698 Views


CBDT amends Section 10(26AAA) of IT Act 1961 by Finance Act 2023

   05 April 2023 at 08:37

Following the Hon'ble Supreme Court's decision in Writ Petition (C) No. 59/2013 with 1283/2021, certain amendments have been made in clause (26AAA) of section 10 of the Income-tax Act, 1961 by the Finance Act, 2023.

Posted in Income Tax |   8976 Views


MCA struck off 29,059 non-compliant companies in FY 2021 and 2022

   05 April 2023 at 08:36

The Corporate Affairs Ministry (MCA) had struck off as many as 29,059 non-compliant companies in FY21 and FY22, Lok Sabha was informed on Monday.

Posted in Corporate Law |   9483 Views


Finance Ministry to constitute 16th Finance Commission this year

   05 April 2023 at 08:35

Finance ministry on Monday told the Lok Sabha that it was going to constitute the 16th Finance Commission (SFC) in the current calendar year.

Posted in GST |   3123 Views


Direct tax collections for FY 2022-23 exceed budget estimate by nearly 17%

   04 April 2023 at 08:33

Direct Tax collections (provisional) for the Financial Year (FY) 2022-23 exceed the Union Budget Estimates by Rs 2.41 lakh crore i.e. by 16.97%

Posted in Income Tax |   2481 Views


RBI appoints Shri Neeraj Nigam as new Executive Director

   04 April 2023 at 08:32

The Reserve Bank of India (RBI) has appointed Shri Neeraj Nigam as Executive Director (ED) with effect from April 03, 2023.

Posted in Others |   2907 Views



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