CAclubindia News

DRI and Customs seize 10,230 kg red sandalwood worth Rs 6 crore from Haryana

20 September 2022 at 08:35

DRI and Customs seize 10,230 kg of Red Sanders (Red Sandalwood), with estimated worth of Rs 6 crore, at ICD Palwal, Haryana

Posted in Custom | 2751 Views

Gross Direct tax collection grows 30% to Rs 8.36 lakh crore in FY 2022-23

19 September 2022 at 08:28

The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2022-23 stands at Rs. 8,36,225 crore compared to Rs. 6,42,287 crore

Posted in Income Tax | 1 comments | 2835 Views

CBDT issues revised guidelines for compounding of offences under IT Act 1961

18 September 2022 at 07:36

CBDT has taken steps and issued revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the 'Act') dated 16.09.2022

Posted in Income Tax | 4407 Views

FM Nirmala Sitharaman exhorts banks to plan for next 25 years

17 September 2022 at 07:29

Banking sector has to make a big contribution to making India a developed nation by 2047: Union Finance Minister Smt. Nirmala Sitharaman at 75th AGM of Indian Banks' Association

Posted in Others | 1887 Views

CBIC develops system for online monitoring of GST audits

17 September 2022 at 07:29

Central Board of Indirect Taxes and Customs (CBIC) has developed a system for online monitoring of GST audits initiated by tax officials across the country for effective oversight of the audit process.

Posted in GST | 6408 Views

MCA revises threshold for paid up capital of small companies

17 September 2022 at 07:29

Latest revision to facilitate Ease of Doing Business further and reduce compliance burden on "small companies"

Posted in Corporate Law | 3780 Views

MCA amends definition of small company

16 September 2022 at 17:23

For the purposes of sub-clause (i) and sub-clause (ii) of clause (85) of section 2 of the Act, paid up capital and turnover of the small company shall not exceed rupees four crore and rupees forty crore respectively

Posted in Corporate Law | 6657 Views

CBDT notifies Form 52A & Rule 121A to be furnished u/s 285B for producers of cinematograph films

16 September 2022 at 08:46

Form of statement to be furnished by producers of cinematograph films or persons engaged in specified activity.

Posted in Income Tax | 3777 Views

RBI releases Handbook of Statistics on the Indian Economy 2021-22

16 September 2022 at 08:46

Reserve Bank released its annual publication titled "Handbook of Statistics on the Indian Economy, 2021-22" (HBS).

Posted in Others | 5115 Views

FM Nirmala Sitharaman chairs 26th meeting of the Financial Stability and Development Council

16 September 2022 at 08:46

The 26th Meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in Mumbai

Posted in Others | 1188 Views