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GST wing of CBIC conducts tax inspections against insurance companies
08 September 2022 at 08:45The Goods and Services Tax wing of the Central Board of Indirect Taxes and Customs (CBIC) has carried out tax searches and inspections against several insurance companies.
ICAI | External Confirmations through Third Party Vendors
08 September 2022 at 08:45External confirmations have been an important and integral part of audit procedure in order to obtain sufficient appropriate audit evidence in line with requirement prescribed in various Standards on Auditing (SAs).
CBDT grants IT exemption to CERSAI under u/s 10 (46)
07 September 2022 at 08:37The central government has granted income tax exemption to Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI), a body set up to record security interest of lenders on assets.
Centre releases Rs 7183 crore as revenue deficit grant to 14 states
07 September 2022 at 08:37Revenue Deficit Grant of Rs. 7,183.42 crore released to 14 States
Financial Market Reforms: Approach and Expectations
06 September 2022 at 08:29Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - September 05, 2022 - at FIMMDA annual event, Mumbai
No GST on using washrooms of Executive Lounges at railway stations: IRCTC
05 September 2022 at 08:37IRCTC (Indian Railway Catering and Tourism Corporation) has denied media reports that separate GST is applicable for using washrooms in waiting rooms of Railway stations.
Over 1.55 lakh updated ITRs filed in May-September 2022
05 September 2022 at 08:37Over 1.55 lakh updated income tax returns (ITR-U) have been filed up to September 2, the income tax department said on Sunday.
SC allows 4 weeks extension to open GST portal for filing transitional credit w.e.f 1st October
04 September 2022 at 10:16Hon'ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022
CBDT issues refunds to more than 1.97 crore taxpayers between 1st April to 31st August 2022
03 September 2022 at 12:59CBDT issues refunds of over Rs. 1.14 lakh crore to more than 1.97 crore taxpayers between 1st April, 2022 to 31st Aug, 2022.
E-Pay Tax service using UPI, Credit Card, RTGS/NEFT enabled on IT portal
03 September 2022 at 09:09The income tax department's e-filing portal has expanded payment choices for the e-pay tax service, including RTGS/NEFT and payment gateway modes.
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