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CBDT, on The Recommendation of ICAI, Extends the Last Date for Updating UDIN in all Income Tax Forms to 15th February 2021
02 January 2021 at 10:34The Central Board of Direct Taxes, on the recommendation of the Institute of Chartered Accountants of India, has extended the last date for updating UDIN in all Income Tax Forms to 15th February 2021, for treating these forms as valid.
ICAI President's Message - January 2021
02 January 2021 at 10:34CA. Atul Kumar Gupta - President, ICAI's January 2021 message for members and students.
GST Revenue collection for December 2020 recorded all time high since the implementation of GST
02 January 2021 at 10:34Rs. 1,15,174 crore gross GST revenue collected in December. Revenues for December 2020 are 12% higher than the GST revenues in the same month last year.
Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme implemented
02 January 2021 at 10:34The benefit of RoDTEP would be available subject to the conditions, restriction, exclusions, ineligibility, and fulfillment of the procedural requirements as notified.
2,44,081 ITRs for AY 2020-21 have been filed on 1st January 2021 upto 8 PM
02 January 2021 at 10:34The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 1st January 2021 here.
Year End Review - 2020 for Department for Promotion of Industry & Internal Trade
31 December 2020 at 16:16To improve the Ease of Doing Business in the country, the emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficient and effective.
CCI approves acquisition by Jamnalal Sons Private Limited of 51% of equity share capital of Mukand Sumi Special Steel Limited
31 December 2020 at 16:16The Competition Commission of India (CCI) approves acquisition by Jamnalal Sons Private Limited (“JSPL/Acquirer”) of 51% of the equity share capital of Mukand Sumi Special Steel Limited (“MSSSL/Target”) under Section 31(1) of the Competition Act, 2002.
CCI approves acquisition by TPG Growth V SF Markets Pte. Ltd. of 8% (approx.) of the equity shareholding of API Holdings Private Limited
31 December 2020 at 16:16CCI approves acquisition by TPG Growth V SF Markets Pte. Ltd. (“TPG/Acquirer”) of 8% (approx.) of the equity shareholding of API Holdings Private Limited (“API/Target”) under Section 31(1) of the Competition Act, 2002.
GST Portal - Auto-population of e-invoice details into GSTR-1/2A/2B/4A/6A
31 December 2020 at 12:39For those taxpayers who had started e-invoicing from 1-10-2020, the auto-population of e-invoice data into GSTR-1 (of December 2020) had started from December 3rd, 2020.
Cabinet approves Industrial Corridor nodes at Krishnapatnam and Tumakuru under CBIC
31 December 2020 at 12:39The approved proposals have a total estimated cost of Rs. 7,725 crore and an estimated employment generation of more than 2.8 lakh persons.
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