Govt. approves Reduced PF Interest Rate at 8.10% for FY 2021-22
Ministry of Labour and Employment, Govt. of India has approved the proposal of CBT (EPFO) regarding PF Interest Rate (FY 2021-22) at reduced rate of 8.10% as compared to …
Tag: GOI
DGGI Gurugram Arrests Pawan Kumar Sharma in Fraudulent ITC case of Rs. 160 Cr
DGGI Gurugram has arrested Shri Pawan Kumar Sharma in connection with fraudulent ITC case involving more than Rs. 160 crore, through a network of 10 fake/ non-existent firms. The …
MCA Orders Action against 100 CAs/ CSs mostly associated with Chinese Companies
As per HT News Reports, on 23/02/2022, the MCA GOI has issued an Order to ROC Delhi & Haryana, for initiating action against at least 100 Chartered Accountants (CAs)/ …
CA, CWA and CS (Amendment) Act, 2022 notified by Govt.
Govt. has notified the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022, i.e. CA, CWA and CS (Amendment) Act, 2022, pending Notification on …
No Change in Interest Rates for Small Saving Schemes during Q1 of 2022-23 (NSC, PPF, KVP, SSAS, SCSS)
Ministry of Finance, Govt. of India (GOI) notifies the interest rates for Small Saving Schemes (NSC, PPF, KVP, SSAS, SCSS, etc.) on quarterly basis, i.e. small savings interest rates …
Finance Act, 2022 notified by Govt.
Ministry of Law & Justice, Govt. of India has notified the Finance Act 2022, post assent/ approval of the Hon’ble President of India on 30/03/2022, in respect of the …
GST related Amendments in Finance Act, 2022
Extracts of the GST related Amendments made in the Finance Act, 2022, as notified by the GOI on 30/03/2022, post assent of the Hon’ble President of India, in line …
Ajay Bhushan Pandey appointed as NFRA Chairman
As per ET News reports, Appointments Committee of the Cabinet (ACC) of the Government of India has appointed former finance secretary Sh. Ajay Bhushan Pandey as the Chairman of …
Clarification on ‘No deductions for cess and surcharge’ u/s 40
IT S. 40(ii)(a) disallows payments on account rates/ taxes on the profits or gains of any business or profession in computing the taxable PGBP. However, some taxpayers claim deduction …
93 fake firms indulging in bogus ITC of Rs. 491 Crore; nexus busted by DGGI Gurugram
Officials of Gurugram Zonal Unit (GZU) of Directorate General of GST Intelligence (DGGI) have busted a nexus of 93 fake firms involved in issuance of fake invoices to avail …