Bussiness

Income Tax Department Conducts Searches in Hyderabad

Income Tax Department Conducts Searches in Hyderabad

Income Tax Department Conducts Searches in Hyderabad The Income Tax Department carried out search & seizure operations on 24.02.2021 on a major Pharmaceutical group based out of Hyderabad.  This Pharmaceutical group is engaged in the business of manufacturing of intermediates, Active Pharmaceutical Ingredients (APIs) and formulations.  Majority of the total manufactured products are exported to…

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GST Officials Arrested One for Causing Loss to Revenue

GST Officials Arrested One for Causing Loss to Revenue

GST Officials Arrested One for Causing Loss to Revenue The Gurugram Zonal Unit of Directorate General of GST Intelligence has arrested a person, namely Mr. Pradeep Jain, resident of Muzaffarnagar, UP who is Director of M/s PSR Metals Pvt Ltd, Muzaffarnagar. An investigation was conducted against M/s PSR Metals Pvt Ltd located at Khasra No…

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RBI Recruitment 2021
RBI Assistant Manager Recruitment 2021

RBI Assistant Manager Recruitment 2021: Apply for vacancies at rbi.org.in

RBI Assistant Manager Recruitment 2021 Total of 29 vacancies need to be fulfilled under RBI Recruitment 2021. RBI has invited online applications for recruitment of Legal Officer in Grade ‘B’, Manager (Tech – Civil), Assistant Manager (Rajbhasha), Assistant Manager (Protocol & Security) on its official website. RBI Recruitment 2021: Important Dates Name of the Event…

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Threshold limit of 50 lakh users to define significant
“social media intermediary” under IT Act

The government has fixed fifty lakh registered users as the threshold for defining ‘significant social media intermediary’, which will have to adhere to additionalobligations and compliance under the new IT rules that seek to crack down on misuse of social media platforms. The new rules, announced earlier this week,require ‘significant social media intermediaries’ to follow…

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Taxation Due Dates Extended under Income Tax (Penalty & Assessment / Re-assessment) and Benami Act

Taxation Due Dates Extended under Income Tax (Penalty & Assessment / Re-assessment) and Benami Act  Central Board of Direct Taxes (CBIC), Ministry of Finance, (Department of Revenue), vide Gazette ID CG-DL-E-27022021-225559 and Notification No. 10/2021/F. No. 370142/35/2020-TPL dated 27th February, 2021 has come up with the notification in partial modification of the notification of the…

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Eligible Importers – Deferred Payment of Custom Duty

Attention Eligible Importers availing facility of Deferred Payment of Customs Duty! March 01, 2021 is the due date for deferred payment of Customs duty for Bill of Entry returned for payment from February 16, 2021 to February 28, 2021. Link: https://twitter.com/cbic_india/status/1365474354687971328  

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