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Upcoming functionalities to be deployed on GST Portal for the Taxpayers in the month of July, 2021
09 July 2021 at 19:05Upcoming functionalities w.r.t Timelines for filing of Form GST REG-21, Information regarding late fee payable provided in Form GSTR-10 and Auto-population of data in Form GSTR-11 that will be deployed on the GST Portal.
New Functionalities made available for Taxpayers on GST Portal - June, 2021
09 July 2021 at 19:04New Functionalities pertaining to modules of Registration, Refund and Ledgers made available for Taxpayers on the GST Portal for the m/o June 2021 has been mentioned here.
Total Revenue Deficit Grant of Rs. 39,484 crore released to States in the current financial year
09 July 2021 at 05:43With the release of the instalment of Rs. 9,871 crore, a total amount of Rs. 39,484 crore has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year.
ICAI amends Form 18 - Particulars of Offices and Firms
09 July 2021 at 05:43Under the amended Form 18, ICAI has allowed Multi Disciplinary Partnership Firms together with the partnership of CAs with CMAs, CSs, advocates, Engineers, Architects and MBAs.
Smt. Anupriya Patel takes charge as Minister of State of Ministry of Commerce and Industry
09 July 2021 at 05:43Smt. Anupriya Patel was elected to the Lok Sabha, from the constituency of Mirzapur in 2014 and again in 2019. She was also the Minister of State in the Ministry of Health and Family Welfare, Government of India, from 2016 to 2019.
Cabinet approves MoU between Institute of Cost Accountants of India and the ACCA
09 July 2021 at 05:50This MoU will lead to a focus attention towards the exchange of knowledge and exchange of research and publications, which will strengthen good governance practice in both jurisdictions.
Dr Bhagwat Kishanrao Karad takes charge as Minister of State in the Ministry of Finance
09 July 2021 at 05:32Dr 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.
Response from Ministry of Finance on reports relating to freezing of Indian assets in France
09 July 2021 at 05:32There 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.
CBDT issues refunds to more than 17.92 lakh taxpayers between 1st April to 5th July, 2021
08 July 2021 at 17:04Income 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.
Retail and Wholesale Trade are now allowed to migrate to Udyam Registration Portal
08 July 2021 at 10:57The 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.
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