News

The Govt has clarified that UPI transactions for P2P transfers and small everyday payments will remain charge-free, while limited fees may apply to select high-valued transactions.

UPI Transactions to Remain Charge-Free: Finance Ministry Notifies New Payment Rules

CGST Delhi South has arrested a partner of an iron and steel trading firm for allegedly fraudulently availing, utilising and passing on over Rs 15.78 crore in inadmissible ITC.

CGST Delhi South Arrests Iron-Steel Firm Partner Over Rs 15.78 Crore Fake ITC Fraud

CBI arrested a South Eastern Railway Chief Health Inspector in Bokaro for allegedly accepting bribe to approve medical leave.

CBI Arrests South Eastern Railway Chief Health Inspector for Allegedly Demanding Rs 25,000 Bribe to Approve Medical Leave

Judgement

ITAT held that the Rs 18.34 lakh stipend received by a PG medical student from AMU was linked to education and eligible for exemption under Section 10(16) of the IT Act.

Medical Stipend Not Salary: ITAT Rules Rs 18.34 Lakh PG Medical Stipend Exempt From Income Tax under Section 10(16) 

CBI arrests two senior RDSO officers and two private company representatives for allegedly accepting a Rs 4 lakh bribe for a favourable inspection report.

CBI Arrests Four, Including Two Senior Officers of RDSO Lucknow, in Bribery Case

ICSI has urged the MCA to introduce a dedicated e-Form for reporting the appointment, resignation or cessation of Secretarial Auditors under Section 204 of the Companies Act, 2013.

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UPI Transactions to Remain Charge-Free: Finance Ministry Notifies New Payment Rules

CGST Delhi South Arrests Iron-Steel Firm Partner Over Rs 15.78 Crore Fake ITC Fraud

CBI Arrests South Eastern Railway Chief Health Inspector for Allegedly Demanding Rs 25,000 Bribe to Approve Medical Leave

Medical Stipend Not Salary: ITAT Rules Rs 18.34 Lakh PG Medical Stipend Exempt From Income Tax under Section 10(16)

CBI Arrests Four, Including Two Senior Officers of RDSO Lucknow, in Bribery Case

ICSI Urges MCA to Introduce a Dedicated E-Form for Intimation of Secretarial Auditor Appointment and Resignation