Dearness Allowance to Central Government employees and Dearness Relief to pensioners has been increased with effect from 01.07.2021 to 28% representing an increase of 11% over the existing rate of 17% of the Basic Pay/Pension.
With the launch of BHIM-UPI in Bhutan, the payment infrastructures of the two countries are seamlessly connected and will benefit a large number of tourists and businessmen from India who travel to Bhutan each year.
During the FY, 426 persons including 14 professionals such as CAs, Lawyers and masterminds, beneficiaries, directors etc. were arrested. Moreover, a nation-wide special drive against the fake GST invoice was launched w.e.f. 9th November 2020.
In order to look into the demand for holding examination for clerical cadre in PSBs in local/regional languages, a Committee has been constituted to look into the matter in its entirety, which will give its recommendations within 15 days.
E-invoicing involves the submission of an already generated standard invoice on a common e-invoice portal. In this regard, the Delhi Government has specified a Format/Scheme for e-invoice under GST.
The International Financial Services Centres Authority (IFSCA) has been set up vide IFSCA Act, 2019 to develop and regulate the financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs).
Active in public service for over 4 decades, Shri Singh was earlier a Member of Legislative Council (MLA) from Jatusana Vidhan Sabha in Haryana and served as Minister in the state Government of Haryana.
Based upon specific intelligence, the officers of the Anti Evasion branch of CGST Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible ITC through goods less invoices of Rs 91 crore (approx).
The two-day meeting saw discussions on a wide range of issues including global economic risks and health challenges, policies for recovery from the CoVID-19 pandemic, international taxation, sustainable finance and financial sector issues.
"Pursuant to decisions in that meeting, our members from ICAI are continuously working with Ministry of Finance officials and Infosys group in configuring glitch-free functionalities of new efiling portal" - ICAI.
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