Dr Karad is a first time member of the Rajya Sabha. Active in public service, he has served as Mayor of Aurangabad Municipal Corporation and also as Chairman of Marathwada Legal Development Corporation.
There have been news reports that Cairn Energy has seized/ frozen State owned property of Government of India in Paris. However, Govt. of India has not received any notice, order or communication, in this regard, from any French Court.
Income tax refunds of Rs. 10,408 crore have been issued in 16,89,063 cases & corporate tax refunds of Rs. 26,642 crore have been issued in 1,03,088 cases.
The Ministry of MSME earlier notified that Retail and Wholesale Trade will now be included under the ambit of MSMEs. In this regard, RBI has notified that Retail and Wholesale Trade are now allowed to migrate to the Udyam Registration Portal.
CBDT has released the Income Tax Amendment (19th Amendment), Rules, 2021 under which an amendment has been notified in the computation of short term capital gains and written down value under section 50 where depreciation on goodwill has been obtained.
The new version (V 2.0) of the web application is designed to ensure continuous real-time and digital monitoring of physically filed AEO T2 and AEO T3 applications for timely intervention and expedience.
ICAI has signed an MOU with Qatar Financial Centre (QFC) for the export of accounting services to Qatar and & exploring professional and business opportunities for ICAI members through collaborative initiatives.
Discussing important changes w.r.t Auto population of GSTR-3B liability from IFF and Form GSTR 1, Nil filing of Form GSTR-1 (Quarterly) through SMS, and Impact of cancellation of registration on liability to file Form GSTR-1.
The gross GST revenue collected in the month of June 2021 is Rs 92,849 crore of which CGST is Rs 16,424 crore, SGST is Rs 20,397, IGST is Rs 49,079 crore and Cess is Rs 6,949 crore.
The Institute of Company Secretaries of India has provided web links for students appearing for the CSEET Exam through Remote Proctored Mode on 10th July 2021, to further guide them regarding the technical requirements of the exam.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English