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ICAI releases Exposure Draft of AS 113
20 September 2022 at 08:35Exposure Draft of revised AS 113, Fair Value Measurement has been issued by the ASB for comments with the last date being October 18, 2022
DRI and Customs seize 10,230 kg red sandalwood worth Rs 6 crore from Haryana
20 September 2022 at 08:35DRI and Customs seize 10,230 kg of Red Sanders (Red Sandalwood), with estimated worth of Rs 6 crore, at ICD Palwal, Haryana
Gross Direct tax collection grows 30% to Rs 8.36 lakh crore in FY 2022-23
19 September 2022 at 08:28The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2022-23 stands at Rs. 8,36,225 crore compared to Rs. 6,42,287 crore
CBDT issues revised guidelines for compounding of offences under IT Act 1961
18 September 2022 at 07:36CBDT has taken steps and issued revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the 'Act') dated 16.09.2022
CBIC develops system for online monitoring of GST audits
17 September 2022 at 07:29Central Board of Indirect Taxes and Customs (CBIC) has developed a system for online monitoring of GST audits initiated by tax officials across the country for effective oversight of the audit process.
FM Nirmala Sitharaman exhorts banks to plan for next 25 years
17 September 2022 at 07:29Banking sector has to make a big contribution to making India a developed nation by 2047: Union Finance Minister Smt. Nirmala Sitharaman at 75th AGM of Indian Banks' Association
MCA revises threshold for paid up capital of small companies
17 September 2022 at 07:29Latest revision to facilitate Ease of Doing Business further and reduce compliance burden on "small companies"
MCA amends definition of small company
16 September 2022 at 17:23For the purposes of sub-clause (i) and sub-clause (ii) of clause (85) of section 2 of the Act, paid up capital and turnover of the small company shall not exceed rupees four crore and rupees forty crore respectively
CBDT notifies Form 52A & Rule 121A to be furnished u/s 285B for producers of cinematograph films
16 September 2022 at 08:46Form of statement to be furnished by producers of cinematograph films or persons engaged in specified activity.
FM Nirmala Sitharaman chairs 26th meeting of the Financial Stability and Development Council
16 September 2022 at 08:46The 26th Meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in Mumbai
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