News

The Institute of Chartered Accountants of India(ICAI) has notified Deferment of second phase of Peer Review Mandate.

ICAI to defer Second Phase of Peer Review Mandate covering Firms Auditing unlisted public companies

The committee formed in October 2021 to suggest a rise in tobacco taxation in India has been quiet since then and is unlikely to produce a report any time soon, as per source.

Tax Rate on Tobacco Hike: Committee lies Dormant, Unlikely to Submit Report Soon

The CBI has sentenced Shri R. P. Garg, then AGM of Punjab National Bank and 3 others to undergo five years Rigorous Imprisonment with fine of Rs. 75,000 each.

Former AGM of Punjab National Bank and 3 others get Five Year Rigorous Imprisonment for Bank Fraud

Notifications

The Central Board of Direct Taxes(CBDT) has notified Pune Metropolitan Region Development Authority for section 10(46) Income Tax Exemption via issuing Notification.

CBDT notifies Pune Metropolitan Region Development Authority for section 10(46) Income Tax Exemption

CBDT has notified FSSAI for section 10(46) Income Tax Exemption via issuing Notification.

CBDT notifies Food Safety and Standards Authority of India for section 10(46) Income Tax Exemption

The Department of Revenue under Ministry of Finance has exempts custom duty on import of Crude Soya-bean oil and Crude Sunflower seed oil via issuing Notification.

MOF exempts custom duty on import of Crude Soya-bean oil and Crude Sunflower seed oil

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