CAclubindia News

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 | 1263 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 | 8838 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 | 6177 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 Community & General | 1 comments | 1335 Views

Rs 9.98 lakh crore sanctioned to 16.67 crore loan accounts under PMMY in 3 years

03 August 2022 at 08:48

PMMY helped in generation of 1.12 crore net additional employment during a period of around 3 years

Posted in Community & General | 1434 Views

RBI allowed invoicing and payments for international trade in Indian Rupee

03 August 2022 at 08:48

RBI has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR Series) Circular No. 10 RBI/2022-2023/90 dated 11.07.2022 on "International Trade Settlement in Indian Rupees (INR)".

Posted in Community & General | 1725 Views

IT raids on conglomerate unearthed unaccounted transactions exceeding Rs.1000 crore

03 August 2022 at 08:48

The Income Tax Department carried out a search and seizure operation on 20.07.2022 on a prominent business conglomerate engaged in diversified fields of Textiles, Chemicals, Packaging, Real estate and Education.

Posted in Income Tax | 6468 Views

GSTN introduces Single Click NIL filing of GSTR-1

02 August 2022 at 17:39

Single click Nil filing of GSTR-1 has been introduced on the GSTN portal to improve the user experience and performance of GSTR-1/IFF filing.

Posted in GST | 3 comments | 9117 Views

1,67,080 companies registered in FY 2021-22

02 August 2022 at 11:07

During FY 2021-22, 1,67,080 companies were registered as compared to 1,55,377 in the previous year. Further, during FY 2020-21, 43,050 LLPs were registered as compared to 42,187 in previous year.

Posted in Corporate Law | 2199 Views

New record of over 72.42 lakh (7.24m) ITRs filed on a single day

02 August 2022 at 08:43

The Department expresses its gratitude to taxpayers and tax professionals for making compliances in time leading to a surge in filing of Income Tax Returns (ITRs) resulting in a new record of ITRs filed on a single day.

Posted in Income Tax | 3 comments | 7092 Views