CAclubindia News
RBI Governor: Globalization of inflation is coinciding with the deglobalization of trade
06 August 2022 at 08:43The pandemic and the war have ignited tendencies towards greater fragmentation, reshoring of supply chains and retrenchment of capital flows, which will pose long-term challenges for both globalisation and the global economy.
IT Department conducts raid in more than 25 premises
06 August 2022 at 08:43The Income Tax Department carried out a search and seizure operation on 28.07.2022 on an ex-fund manager and chief trader of equities of a prominent mutual fund house along with related sharebrokers, middlemen and entry operators.
ICAI releases Exposure Draft of Compendium of Social Audit Standards
06 August 2022 at 08:43Exposure Draft of Compendium of Social Audit Standards - for Comments
RBI raises repo rate by 50 basis point to 5.4%
05 August 2022 at 10:47Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per cent with immediate effect.
Clarification regarding no imposition of GST on 'Sarais' run by religious/charitable trusts
05 August 2022 at 08:32Certain 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.
ICAI withdraws Guide to Reporting on Proforma Financial Statements
04 August 2022 at 14:34Withdrawal of the Guide to Reporting on Proforma Financial Statements (Pursuant to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009)
Clarification regarding GST rates & classification of goods based on recommendations of 47th GST Council Meeting
04 August 2022 at 08:47Clarification 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
DRI detects customs duty evasion of Rs 2,217 crore by Vivo Mobile India
04 August 2022 at 08:47During 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.
States will get a total Revenue Deficit Grant of Rs. 86,201 crore in 2022-23
04 August 2022 at 08:47The 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.
CGST officials arrest one for fraudulently availing ITC of more than Rs 8 crore
04 August 2022 at 08:47On the basis of an alert, an investigation against M/s Niyati Steels has been undertaken by CGST Delhi West Commissionerate.
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