Lok Sabha Passes Bill to Raise Foreign Investment in Insurance to 74%
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 percent to 74 percent was approved […]
News
Press Release, Press Release
Income Tax Department conducts searches in Mumbai
The Income Tax Department carried out searches on 17.03.2021 in the case of a prominent builder and developer group based
News
CAG: Tax under assessed, Rs 2,279 crore revenue loss
The Comptroller and Auditor General (CAG) has found under-assessment of sales tax/Value Added Tax (VAT), state excise duty, stamp duty
GST Recent News, News
Telangana HC pans GST officials, issues them notice
The owner of two trading firms got a reprieve when the Telangana high court stayed the show-cause notices issued against
Important Pronouncements
CAG have no jurisdiction to audit the accounts of a non-government entity
The Hon’ble Bombay High Court in Kiran Gems Private Limited v. Union of India and Ors. [Writ Petition No. 1135
Notification And Circular, Notification and Circular
Advisory on functionalities for tracking Legacy Arrears using DRC 07A/08A in recovery module
The CBIC issued Advisory No. 02/2021 dated March 03, 2021 w.r.t. release of functionalities for tracking Legacy Arrears using DRC
Notification And Circular, Notification and Circular
Advisory on functionalities for tracking Legacy Arrears using DRC 07A/08A in recovery module
The CBIC issued Advisory No. 02/2021 dated March 03, 2021 w.r.t. release of functionalities for tracking Legacy Arrears using DRC
GST Recent News, News
GST evasion: 2 of a gang involved in fake invoicing racket arrested
The officials from the Preventive Unit of Central GST (CGST) have arrested two persons from Sirsi, Uttara Kannada, involved in
Notification And Circular, Notification and Circular
Clarification w.r.t. categorization of outstanding demand or disputed amount under Rajasthan Amnesty Scheme-2021
Rajasthan Govt. vide Notification No. F. ( ) /Tax (VAT)/Amnesty/ CCT /20-21/2696 dated March 19, 2021, has issued clarification under
GST Recent News, News
Nitin Gadkari asks FM Sitharaman to cut GST on passenger vehicles
Union minister Nitin Gadkari has asked Finance Minister Nirmala Sitharaman to reduce the Goods and Service Tax (GST) on passenger