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4,90,187 ITRs for AY 2020-21 have been filed on 26th December upto 5 PM

   26 December 2020 at 19:35

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 26th December here.

Posted in Income Tax |   3468 Views


Strong Objections against New Provisions in GST raised by Confederation of All India Traders

   26 December 2020 at 17:15

The Confederation of All India Traders has raised strong objections against the new GST provisions, especially the introduction of Section 86B which they feel are detrimental to trade.

Posted in GST |   9582 Views


MCA likely to revise eForm SH-7 w.e.f 25th December 2020

   26 December 2020 at 17:15

The Ministry of Corporate Affairs has made an announcement that they are likely to revise eForm SH-7 on the MCA21 Company Forms Download page w.e.f 25th December 2020.

Posted in Corporate Law  1 comments |   2298 Views


ICSI Inaugurates its Overseas Centre in Singapore

   26 December 2020 at 17:15

ICSI has inaugurated its overseas centre in Singapore to strengthen the global outreach of the profession while augmenting the professional opportunities for ICSI members and students internationally.

Posted in Professional Resource |   2337 Views


Income Tax Department conducts searches in Guwahati

   26 December 2020 at 17:15

Overall, undisclosed income to the tune of approximately Rs. 100 crore has been unearthed so far during the Search and Survey operation. One locker has been found, which is yet to be operated.

Posted in Income Tax |   1815 Views


PM releases the 7th installment of financial benefit under PM Kisan Samman Nidhi

   26 December 2020 at 17:15

The Prime Minister, Shri Narendra Modi today released the 7thinstalment of financial benefit under PM KisanSammanNidhi through a video conference. 9 crore farmer families get the benefit, 18000 crore Rs deposited via DBT.

Posted in Others |   1881 Views


GST Portal provides facility for Communication between the Recipient and the Supplier Taxpayers on the GST Portal

   26 December 2020 at 15:08

A facility of 'Communication Between Taxpayers' has been provided on the GST Portal, for sending a notification by recipient (or supplier) taxpayers to their supplier (or recipient) taxpayers.

Posted in GST |   3498 Views


MCA releases the Companies (Incorporation) Third Amendment Rules, 2020

   26 December 2020 at 12:55

The Ministry of Corporate Affairs has released the Companies (Incorporation) Third Amendment Rules 2020. Read the official announcement and all the amendments made in the Companies (Incorporation) Rules, 2014 here.

Posted in Corporate Law |   3021 Views


MCA releases the Companies (Share Capital and Debentures) Second Amendment Rules, 2020

   26 December 2020 at 12:55

MCA has released the Companies (Share Capital and Debentures) Second Amendment Rules, 2020. Read the official announcement and all the amendments made in the Companies (Share Capital and Debentures) Rules, 2014 here.

Posted in Corporate Law |   1809 Views


Rajasthan becomes 6th State to complete ease of doing business reforms

   26 December 2020 at 12:29

Rajasthan has become the 6th State in the country to successfully undertake the “Ease of Doing Business” reform stipulated by the Department of Expenditure, Ministry of Finance.

Posted in GST |   3144 Views



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