CAclubindia News

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 | 4287 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 | 5367 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 | 6621 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 | 2727 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 | 1476 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 | 2097 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 | 1149 Views

CBDT amends Rule 21AK for exemption u/s 10(4E)

03 August 2022 at 08:48

The Central Board of Direct Taxes (CBDT) on August 1, 2022 has issued the Income-tax (Twenty Third Amendment) Rules, 2022 to further amend the Income-tax Rules,1962.

Posted in Income Tax | 8712 Views

No GST on Withdrawal Of Cash From Banks

03 August 2022 at 08:48

There is no GST on withdrawal of cash from banks, said Finance Minister Sitharaman on Tuesday.

Posted in GST | 6090 Views

4,31,86,423 subscribers enrolled under APY up to 21st July 2022

03 August 2022 at 08:48

As per information received from Pension Fund Regulatory and Development Authority (PFRDA), 4,31,86,423 subscribers have been enrolled under Atal Pension Yojana (APY) up to 21.07.2022.

Posted in Others | 1 comments | 1299 Views