New Functionalities in GST Portal: December 2022

New Functionalities in GST: The Goods and Service Tax Network has issued a list of new functionalities made available for Taxpayers on the GST Portal (December 2022). The new functionalities include topics like drop proceedings, recompute interest, validation duplicate checks and others. Registration Form/Functionalities: Automation of Drop Proceedings for taxpayers suspended upon issuance of SCN […]

Rajiv Gandhi Foundation’s (RGF) FCRA licence was Cancelled

The Rajiv Gandhi Foundation’s (RGF) FCRA licence was cancelled under Section 14 of the Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010) for violating provisions under Section 11 and registration conditions under Section 12(4)(a)(vi) of the FCRA, 2010. The Rajiv Gandhi Charitable Trust’s (RGCT) FCRA licence was cancelled under section 14 of the FCRA, 2010 due […]

Government allows ESIC to invest up to 15% of its surplus funds in equity via ETFs

The Employee State Insurance Corporation (ESIC) to invest up to 15% of its surplus funds in equity via exchange-traded funds. This decision was taken in the 189th meeting of ESIC under the Union Minister of Labour and Employment Shri Bhupender Yadav. Due to the relatively low returns on debt instruments coupled with the need to […]

Cash Deposit or Cash Withdrawal Limit in Saving or Current Account

Nowadays many people getting notices from the Income Tax Department regarding cash deposit or cash withdrawal limit in saving or current accounts. So today we will discuss the above issue. The Income Tax Department directly has not issued any specified limit but they are taking indirect control. Any person who wants to do a cash […]

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