CBDT further extends timelines for filing tax audit report, Transfer Pricing returns
The Central Board of Direct Taxes has extended the due date for filing of tax audit reports and returns in view of the third wave. The last date for filing…
Sebi issues guidelines for operationalizing gold exchanges in India
The gold exchange would be a national platform to buy and sell EGRs issued against physical gold The government has notified the Securities and Exchange Board of India (Vault Managers)…
Sebi tweaks exercise mechanism of options on commodity futures
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Related-party transactions: New disclosure norms for debt-listed entities
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RBI releases framework for offline digital payments
To push digital transactions in rural and semi-urban areas, the Reserve Bank of India (RBI) on Monday issued a framework allowing offline payments up to Rs 200 per transaction, subject…
Retail Direct Scheme: RBI notifies market making plan to promote retail participation in G-Secs
Mumbai: The Reserve Bank of India (RBI) on Tuesday notified the market making scheme to promote retail participation in government securities by providing prices/quotes to retail direct gilt (RDG) account…
Restrictive GST rules take effect
The Commerce Ministry has let the exporters start the New Year in a better frame of mind. The last date for filing applications for duty credit scrips under the Merchandise…
Surety Insurance : IRDAI Issues Final Guidelines; Infrastructure Sector To Benefit
India’s insurance regulator has issued the final guidelines for surety insurance, a move aimed at supporting the infrastructure sector that’s prone to delays, defaults and litigation. The IRDAI (Surety Insurance…
‘Enforce new GST rules in a fair manner’
Under the new rules, if a seller fails to report or meet the tax obligations, the buyers cannot claim tax credits NEW DELHI : The Central Board of Indirect Taxes…
Physical or digital: Choose the ITR verification method you find convenient
Your tax return will become invalid unless it is verified within 120 days Even if you have met the December 31 deadline for filing IncomeTax Return (ITR) for AY 2021-22,…