There are particularly some banks which are regulated by the Reserve Bank of India (RBI). These banks are started with the main motive to serve particular sectors of the society. Though large based banks would also carry out activities, however small banks such as the above would only cater needs to small sections of the …
ITR and Audit Reports Due Date Further Extended on 11.01.2022 by CBDT The Central Board of Direct Taxes (Income Tax Department) vide F. No. 225/49/2021/ITA-II dated 09.09.2021 {CBDT Circular No.01/2022 dated 11.01.2022}has decided to further extend the due dates for filing of Income Tax Returns (ITR) and various reports of audit for the Assessment Year …
ITR and Audit Due date Further Extended on 11.01.2022 [Extension Table for AY 2021-22] Read More »
Financial Associate Location(s):Bangalore, Karnataka, India No additional locations Category: FinanceJob ID: 3089602 Uses ability as a skilled specialist to contribute to the development of new concepts/techniques and to complete assignments/tasks in innovative and effective ways. Expert knowledge on the general/technical aspects of the job. Works on assignments that are highly complex in nature where a strong degree …
On consideration of difficulties reported by the taxpayers and other stakeholders due to COVID and in electronic filing of various reports of audit under the provisions of the Income-tax Act, 1961 (the Act), the Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and …
CBDT extends due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961 On consideration of difficulties reported by the taxpayers and other stakeholders due to COVID and in electronic filing of various reports of audit under the provisions of the Income-tax Act, …
Income Tax Department’s Big Announcement on Income Tax Returns & Tax Audits Read More »
Today, the CBDT has extended the due date for filing income tax audit from 15th January 2022 to 15th February 2022. The due date for filing audited ITR has been extended from 15th February 2022 to 15th March 2022.
The permanent delegation of India to UNESCO yesterday announced that on the occassion of World Hindi Day, UNESCO’s World Heritage Centre has agreed to publish Hindi descriptions of India’s UNESCO World Heritage Sites on WHC website. विश्व हिंदी दिवस पर यूनेस्को द्वारा भारत के विश्व धरोहर स्थलों के हिंदी विवरण को अपने वर्ल्ड हेरिटेज सेंटर …
The Central Government has secured the approval of the United States Department of Agriculture (USDA) for export of Indian mangoes to USA in the new season. Consumers in the United States (US) would now have access to excellent quality mangoes from India. The export of Indian mangoes has been restricted by the USA since 2020 …
Centre secures approval for export of Indian mangoes to USA this season Read More »
The Competition Commission of India (CCI) approves acquisition of shares in Sutherland Global Holdings Inc. by Coral Blue Investment Pte. Ltd. The proposed combination pertains to the acquisition of Series C Preferred Stock convertible to common stock of Sutherland Global Holdings Inc. (Sutherland) in two tranches by the Coral Blue Investment Pte Ltd. (GIC Investor) subject …
Indian benchmark indices ended higher on a volatile day. Sensex added 221 points to end at 60616.89, while Nifty 50 gained 52 points to close at 18055.75. Metal stocks saw correction. Metal Index fell over 2%. On the other hand, IT stocks rallied. HCL Tech gained 4.31% to become the top gainer on the index. …
Nifty above 18050. Sensex above 60610. Vodafone Idea down 21% Read More »
Finance Minister Nirmala Sitharaman will present her fourth budget on February 1 this year. Will the upcoming Union Budget 2022 bring any change in the existing income tax rates? Taxpayers expect some relaxation or relief from Finance Minister Nirmala Sitharaman. Let us tell you, last year the government had announced several stimulus packages to rejuvenate …
Taxpayers expected relief from the Finance Minister in the upcoming budget Read More »
ITR for Senior Citizens – To give a much-needed relief to the senior citizens who are 75-years of age or more, the government has given this exemption in filing of the Income Tax Returns (ITR). The government inserted a new section 194P in Income-tax Act,1961 which provides that senior citizens above the age of 75 …
In a petition filed by Chartered Accountants Association, Surat (CAAS), the Gujarat High Court has stated that “portal is something which is within the control of the respondents and if there are any technical problems in the same, it only the respondents who can take care of such problems.”– CAAS has intimated in a statement …
Investment in cryptocurrencies is increasing continuously in the country. India currently has the largest number of crypto investors in the world. Their number is more than 10 crores. The average age of crypto investors is 24 years. This is equivalent to about 7 percent of the country’s population. These 10 crore investors have invested more …
Due to the increasing threat of Corona, orders have been given to close all private offices in Delhi. Now only private offices related to emergency services will open in Delhi. Everyone else will have to work from home. The positivity rate of corona in Delhi has increased to 25 percent. That’s why the Delhi government …
Order to close all private offices of Delhi, only emergency offices will open Read More »
Indian benchmark indices trade flat amid mixed global cues. Nifty above the 18030 level. Sensex is above the 60500 level. Nifty Realty is the top gaining sector on the index. Along with this, Nifty IT, Pharma, Oil & Gas, and Media are in green. Nifty Metals is the top losing sector. Right now, HCL Tech …
Nifty trades flat. HCL Tech up 3.32%. Vodafone Idea down 12% Read More »
A PAN card is one of the most important documents and carries equivalent importance as an Aadhaar card. It is a 10-digit alphanumeric number and is given to only those who are eligible to hold it. It is required to be submitted for filing IT returns, buying a new house/property or to open a bank …
Have requested Smt. @nsitharaman Ji to kindly consider extending the due date to furnish Tax Audit reports. Some last minute changes by CBDT have burdened auditors who are already bogged down by the recent pandemic induced local lockdowns. Will ensure safety for all.
Fake claims by some websites that Railway Protection Force (RPF) is making selection through Constable Recruitment 2022 exam. Whereas no such advertisement/notice has been published by the Ministry of Railways. So be alert and beware of these fake claims.
Global markets are trading lower amid interest rate fears. However, the US stock futures are in green. The Asian markets are also trading low. SGX Nifty is also indicating a gap down for Indian benchmark indices. The following stocks are in focus today: Policybazaar: As per the company’s Q3 update, its Loans disbursement up 89% …
Pre-Market Information: Paytm, Vodafone Idea, Sona BLW, and HDFCLife are in focus Read More »