CAclubindia News

ICAI releases Exposure Draft of Compendium of Social Audit Standards

06 August 2022 at 08:43

Exposure Draft of Compendium of Social Audit Standards - for Comments

Posted in Audit | 4542 Views

RBI raises repo rate by 50 basis point to 5.4%

05 August 2022 at 10:47

Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per cent with immediate effect.

Posted in Others | 4833 Views

Clarification regarding no imposition of GST on 'Sarais' run by religious/charitable trusts

05 August 2022 at 08:32

Certain sections of the media and social media are spreading the message that GST has recently been imposed with effect from 18 July, 2022 even on 'Sarais' run by religious/charitable trusts. This is not true.

Posted in GST | 4284 Views

ICAI withdraws Guide to Reporting on Proforma Financial Statements

04 August 2022 at 14:34

Withdrawal of the Guide to Reporting on Proforma Financial Statements (Pursuant to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009)

Posted in Corporate Law | 5358 Views

Clarification regarding GST rates & classification of goods based on recommendations of 47th GST Council Meeting

04 August 2022 at 08:47

Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 47th meeting held on 28th – 29th June, 2022 at Chandigarh

Posted in GST | 6603 Views

DRI detects customs duty evasion of Rs 2,217 crore by Vivo Mobile India

04 August 2022 at 08:47

During an investigation pertaining to M/s Vivo Mobile India Private Limited (hereinafter referred to as 'M/s Vivo India'), the Directorate of Revenue Intelligence (DRI) has detected Customs duty evasion of around Rs 2,217 crore.

Posted in Custom | 2721 Views

States will get a total Revenue Deficit Grant of Rs. 86,201 crore in 2022-23

04 August 2022 at 08:47

The Department of Expenditure, Ministry of Finance has on Wednesday released the 5th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 7,183.42 crore to 14 States.

Posted in Others | 1473 Views

CGST officials arrest one for fraudulently availing ITC of more than Rs 8 crore

04 August 2022 at 08:47

On the basis of an alert, an investigation against M/s Niyati Steels has been undertaken by CGST Delhi West Commissionerate.

Posted in GST | 2094 Views

IT Department conducts searches on Healthcare Provider Groups in Haryana and Delhi-NCR

04 August 2022 at 08:47

The Income Tax Department carried out search and seizure operations on 27.07.2022 on several groups engaged in the healthcare services by running hospitals.

Posted in Income Tax | 1146 Views