Day: December 29, 2021

Notice for the 46th Meeting of the GST Council scheduled to Convene on 31st December 2021

The undersigned is directed to refer to the subject stated above and to convey that the 46h Meeting of the GST Council will be held on 31 December 2021 in New Delhi at 1100 hours under the provisions contained in the proviso to sub-clause (2) of clause 3 of the Procedure and Conduct of Business …

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Breaking: Government To Announce Extension For GSTR-9 And GSTR-9C- Sources

Timsy Jaipuria has tweeted that: Sources to CNBC TV said that Government likely to announce extension of Due Date to file GSTR-9 and-9C for FY20-21 from 31st Dec to February 28, 2022. Notification likely soon. ATTN TAXPAYERS & CAs!Sources to @CNBCTV18Live Govt likely to announce extension of Due Date to file GSTR 9 and 9C …

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15 notices issued against e-commerce entities & sellers found selling pressure cookers online in violation to compulsory standards

In exercise of powers under Section 18(2)(j) of the Consumer Protection Act, 2019, the Central Consumer Protection Authority has issued a Safety Notice to alert consumers against buying household goods which do not hold without valid ISI Mark and violate the standards directed for compulsory use by the Central Government. To protect consumers from risk …

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NITI Aayog releases ‘Innovations For You’ & ‘The Ingenious Tinkerers’

Atal Innovation Mission (AIM) NITI Aayog today released the second edition of – ‘Innovations for You’- a compendium of innovations focused on agriculture featuring 70 startups supported by Atal incubation Centers (AICs) of AIM and ‘The Ingenious Tinkerers’ – a compendium on the innovations on technology featuring 41 innovations from Atal Tinkering Lab (ATL) of …

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RBI Clarification on Acquisition/Transfer of Immovable Property in India by Overseas Citizen of India (OCIs)

A large number of queries have been received at various Offices of the Reserve Bank, based on newspaper reports on a Supreme Court Judgement, on whether prior approval of RBI is required for acquisition/transfer of immovable property in India by as Overseas Citizen of India OCIs. It is hereby clarified that the concerned Supreme Court …

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Nifty Closes below 17,220. Sensex down by 90 points. Metals, Media and PSU Banks drags. Pharma and Healthcare shines.

Indian benchmark indices ended lower during a choppy session. Sensex closes at 57,806.49 points, by losing 90.99 points. Nifty ends at 17,213.6, by losing 19.70 points. Today is the penultimate day of both monthly and annual expiry. Selling pressure prevailed in most of the sectors like metals, banks, media, energy and power. However, buying has …

Nifty Closes below 17,220. Sensex down by 90 points. Metals, Media and PSU Banks drags. Pharma and Healthcare shines. Read More »

SSI has published Notification for “Combined Graduate Level Examination, 2021”

Staff Selection Commission has published Notification for “Combined Graduate Level Examination, 2021” on 23.12.2021. 2 Information regarding detail of posts, age limit, essential educational qualification, fee payable, scheme of examination, how to apply, etc. are given in detail in the Recruitment Notice. 3. Applications must be submitted in online mode only through ssc.nic.in . The …

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Around 1 kg of cocaine ingested as pellets by passenger, one arrested

Customs officials detect around 1 kg of cocaine ingested as pellets by passenger at IGI Airport, one arrested In a display of tremendous alacrity, the Customs officers at Indira Gandhi International Airport (IGIA), New Delhi, unravelled yet another case of cocaine smuggling by detecting a case of human ingestion of specially designed pellets containing cocaine. …

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IFSCA issues Request For Proposal (RFP) for Supervisory Technology (SupTech) System

The International Financial Services Centres Authority (IFSCA) has been established as a unified financial sector regulator at GIFT-IFSC, Gandhinagar, Gujarat for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs) in India. IFSCA seeks to implement a state-of-the-art Information Technology (IT) platform that would leverage …

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Income Tax Team searches in Chhattisgarht, taxable income by obtaining bogus purchase invoices from related group

The Income Tax Department carried out search and seizure operations on 22.12.2021 on two prominent groups of Raipur and Korba, engaged in the business of manufacturing of iron & steel products, coal washery and transportation, etc. The search action covered more than 35 premises spread over Raipur, Korba, Bilaspur and Raigarh districts of Chhattisgarh. During …

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Statistics of Income Tax Returns filed till 28.12.2021

Sharing the statistics of Income Tax Returns filed till 28.12.2021. A total of 4,86,34,306 ITRs have been filed upto 28.12.2021 including 18,89,057 ITRs having been filed on the day itself. For any assistance, pl connect on orm@cpc.incometax.gov.inWe will be glad to assist! The Department has been issuing reminders to taxpayers through emails, SMS and media …

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Nifty is above 17,240. Pharma leads Nifty. Dr.Reddy’s is up 1.5%

Indian benchmark indices opened positively despite weak cues from Asian markets. Nifty is above 17,240. Nifty Pharma is leading along with Nifty Healthcare. Dr.Reddy’s is up by 1.5%. It is followed by Divi’s and Cipla. The rising Omicron cases are causing concerns. That has been reflected in today’s trade pattern. Today is the penultimate day …

Nifty is above 17,240. Pharma leads Nifty. Dr.Reddy’s is up 1.5% Read More »

Alert India: 781 Omicron Cases in India so far, 9195 new COVID-19 Cases reported in last 24 hours

Ministry of Health and Family Welfare COVID-19 UPDATE Posted Date:- Dec 29, 2021 143.15 cr vaccine doses have been administered so far under Nationwide Vaccination Drive India’s Active caseload currently stands at 77,002 Active cases account for less than 1% of total cases, currently at 0.22%; Lowest since March 2020 Recovery Rate currently at 98.40%; …

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CBDT Notifies Revised Faceless CIT Appeal Scheme. Check Details Here

CBDT Notifies Revised Faceless CIT Appeal Scheme. Check Details Here

Vide Notification Dated 28th December 2021, the CBDT has notified Faceless Appeal Scheme 2021. As per the new scheme, a personal hearing through Video Conference can be requested and when request is made the same shall be allowed. No discretion with the CIT (A) to refuse such request of oral hearing through VC. The relevant …

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61.62 crore tax evasion caught in Jodhpur, 2 arrested

61.62 crore tax evasion caught in Jodhpur, 2 arrested Directorate General and GST Intelligence (DGGI) on Monday conducted simultaneous raids at 13 locations of Nazar, DNG and OMG Gutkha manufacturer traders Abhishek Gehlot and Naresh Chandra Jajar in Jodhpur. After this, both the traders have been arrested in tax evasion of Rs 61.62 crore. Traders …

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High Court’s ban on broadcasting e-papers on WhatsApp

High Court’s ban on broadcasting e-papers on WhatsApp, Delhi High Court issued order on the petition of Bhaskar Group New Delhi | The Delhi High Court has banned the circulation of e-paper of the newspaper through WhatsApp groups with immediate effect. The Bhaskar group had filed a petition in the Delhi High Court against the …

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NPS Investors Will Get This Great Facility. Announces PFRDA Chairman

NPS Investors Will Get This Great Facility. Announces PFRDA Chairman

If you have invested or are about to invest in NPS then there is good news for you. You will now be able to change your investment pattern four times in a year. According to the news of PTI, Supratim Bandyopadhyay, chairman of pension fund regulator PFRDA, said on Tuesday that soon the customers of …

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