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RBI appoints Shri Manoranjan Mishra as new Executive Director

   02 November 2023 at 15:09

The Reserve Bank of India (RBI) has appointed Shri Manoranjan Mishra as Executive Director (ED) with effect from November 01, 2023.

Posted in Others |   2865 Views


Rs 2000 notes continue to be legal tender

   02 November 2023 at 15:08

The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country initially upto September 30, 2023, which was later extended upto October 07, 2023.

Posted in Others |   7911 Views


CBDT Notifies New Changes in Form ITR-7

   02 November 2023 at 08:54

Central Board of Direct Taxes (CBDT) notified the Income Tax (Twenty-Seventh Amendment) Rules, 2023 on October 31, 2023 (Notification No. 94/2023). These amendments came into effect from April 1, 2023.

Posted in Income Tax |   7329 Views


GST Expansion Sparks Corporate Jitters

   02 November 2023 at 08:53

Indian Companies Under GST Radar: Maruti Suzuki and LIC Among Recipients of Notices

Posted in GST |   2286 Views


Record 7.85 crore ITRs filed for all Assessment Years up to 31st October, 2023

   02 November 2023 at 08:51

The Income Tax Department registered a record number of filing of Income Tax Returns (ITRs) till 31st October, 2023

Posted in Income Tax |   4239 Views


ICAI releases Exposure Draft of Lack of Exchangeability - Amendments to Ind AS 21

   02 November 2023 at 08:50

Exposure Draft of Lack of Exchangeability - Amendments to Ind AS 21

Posted in Accounts |   2412 Views


GST Collection Soars to Rs 1.72 Lakh Crore in October 2023, Second Highest on Record

   01 November 2023 at 17:19

GST revenue collection for October 2023 is second highest ever, next only to April 2023, at ₹1.72 lakh crore; records increase of 13% Y-o-Y

Posted in GST |   3420 Views


Colgate Palmolive Faces Rs 170 Crore Transfer Pricing Order in Tax Dispute

   01 November 2023 at 14:28

Colgate Palmolive (India) Faces Rs 170 Crore Transfer Pricing Order from Income Tax Authorities for International Transactions

Posted in Income Tax |   3564 Views


CA Firms Classified as Professional, Ineligible for ESI Benefits: Gujarat HC

   01 November 2023 at 09:00

The Gujarat High Court has made a significant ruling, categorizing CA firms as professional establishments rather than commercial entities, leading to the ineligibility of their employees for the ESI benefit scheme.

Posted in Professional Resource |   13023 Views


Income Tax Department Launches Extensive Profiling of HNIs to Combat Tax Evasion

   01 November 2023 at 08:58

In a bid to curb tax evasion, the Income Tax Department is set to take strict action against high-net-worth individuals (HNIs) who underreport their incomes, despite recent tax rate reductions.

Posted in Income Tax |   15504 Views



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