Category: Updates
The Reserve Bank of India (RBI) has issued rulings/orders imposing financial/monetary penalties in the case of several banks, for violating or failing to comply with the guidelines/requirements prescribed under …
PF members have complained to EPFO about excessive delays and harassment in providing statutory services. Their PF claim settlement applications are repeatedly returned by field offices for irregularities like …
Here, we’ll talk about the “GST Notices” that ask for certain information or documents and the “Reply Format” that should be used when responding to the GST Authorities. ‘GST …
The Chairperson of the National Financial Reporting Authority (NFRA), Dr. Ajay Bhushan Prasad Pandey, stated here today that good governance is rewarded by investors, while he was speaking at …
The gross GST revenue collection for November 2022 is Rs. 145,867 crore, 11% higher than the corresponding month last year (November 2021 at Rs. 131,526 crores), while monthly GST …
CBIC issues instructions on the procedure for sanctioning IGST refunds withheld in accordance with Rule 96(4)(c), which are transmitted to the jurisdictional GST authorities in accordance with Rule 96(5A) …
CBIC notifies the CGST (3rd Amendment) Rules 2022 to amend the instructions at paragraph 7 of form GSTR-9 for providing an increased time limit to taxpayers for claiming input …
In 12 instances where members were found guilty of professional or other misconduct, the Disciplinary Committee of the ICAI ordered action in the form of a monetary fine and/or …
To further raise the calibre of the audit profession, the National Financial Reporting Authority (NFRA) has released its audit quality inspection guidelines, for adherence by the Inspection teams. The …
CBIC has issued clarification/guidelines for verification of the transitional input tax credit (ITC) by the field formations, in light of the Orders of the Hon’ble Supreme Court dated 22/07/2022 …
