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CGST officials arrest one for fraudulently availing ITC of more than Rs 8 crore

   04 August 2022 at 08:47

On the basis of an alert, an investigation against M/s Niyati Steels has been undertaken by CGST Delhi West Commissionerate.

Posted in GST |   2040 Views


IT Department conducts searches on Healthcare Provider Groups in Haryana and Delhi-NCR

   04 August 2022 at 08:47

The Income Tax Department carried out search and seizure operations on 27.07.2022 on several groups engaged in the healthcare services by running hospitals.

Posted in Income Tax |   1074 Views


No GST on Withdrawal Of Cash From Banks

   03 August 2022 at 08:48

There is no GST on withdrawal of cash from banks, said Finance Minister Sitharaman on Tuesday.

Posted in GST |   6048 Views


CBDT amends Rule 21AK for exemption u/s 10(4E)

   03 August 2022 at 08:48

The Central Board of Direct Taxes (CBDT) on August 1, 2022 has issued the Income-tax (Twenty Third Amendment) Rules, 2022 to further amend the Income-tax Rules,1962.

Posted in Income Tax |   8625 Views


4,31,86,423 subscribers enrolled under APY up to 21st July 2022

   03 August 2022 at 08:48

As per information received from Pension Fund Regulatory and Development Authority (PFRDA), 4,31,86,423 subscribers have been enrolled under Atal Pension Yojana (APY) up to 21.07.2022.

Posted in Others  1 comments |   1266 Views


Rs 9.98 lakh crore sanctioned to 16.67 crore loan accounts under PMMY in 3 years

   03 August 2022 at 08:48

PMMY helped in generation of 1.12 crore net additional employment during a period of around 3 years

Posted in Others |   1353 Views


RBI allowed invoicing and payments for international trade in Indian Rupee

   03 August 2022 at 08:48

RBI has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR Series) Circular No. 10 RBI/2022-2023/90 dated 11.07.2022 on "International Trade Settlement in Indian Rupees (INR)".

Posted in Others |   1590 Views


IT raids on conglomerate unearthed unaccounted transactions exceeding Rs.1000 crore

   03 August 2022 at 08:48

The Income Tax Department carried out a search and seizure operation on 20.07.2022 on a prominent business conglomerate engaged in diversified fields of Textiles, Chemicals, Packaging, Real estate and Education.

Posted in Income Tax |   6393 Views


GSTN introduces Single Click NIL filing of GSTR-1

   02 August 2022 at 17:39

Single click Nil filing of GSTR-1 has been introduced on the GSTN portal to improve the user experience and performance of GSTR-1/IFF filing.

Posted in GST  3 comments |   8871 Views


1,67,080 companies registered in FY 2021-22

   02 August 2022 at 11:07

During FY 2021-22, 1,67,080 companies were registered as compared to 1,55,377 in the previous year. Further, during FY 2020-21, 43,050 LLPs were registered as compared to 42,187 in previous year.

Posted in Corporate Law |   2097 Views



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