Income tax refunds of Rs. 71,865 crore have been issued in 1,99,44,329 cases & corporate tax refunds of Rs. 1,28,546 crore have been issued in 2,20,372 cases.
The proposed framework shall facilitate issuers from across the jurisdictions to raise capital for variety of needs and list their securities at the international stock exchanges in IFSCs.
The Ministry of Corporate Affairs has introduced an Aadhaar Authentication facility for GSTIN Registration in Form INC-35 AGILE-PRO.
Total Revenue Deficit Grant of Rs. 74,340 crore released to States in the current financial year
Finance Minister Smt. Nirmala Sitharaman chaired the National Workshop with States/UTs on Asset Monetization organised by NITI Aayog through virtual conference in New Delhi on 9th March 2021.
Insolvency Professional Agency of Institute of Cost Accountants of India has issued certain updates which have been listed here.
Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics.
GSTN has introduced a facility to identify core business activity for the registered taxpayers through various options.
Tariff Notification No. 28/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.
DGGI, Gurugram Zonal Unit, were able to arrest two gang members of a fake invoicing syndicate, namely Shri Vikas and Shri Manish, who were involved in GST fraud by way of issuance of fake GST invoices in excess of Rs 4,800 crore.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)