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FINANCE BILL 2022
Cos under recast get more time to file modified income returnsCBDT allows companies in business reorganisation to file modified returns by June 30, offering relief amidst Finance Bill 2022 implications...- RBI likely to start digital rupee pilot in call money market by October"The RBI will introduce the wholesale CBDC in the call market either this month or next month," Choudhary said on the sidelines of the G20 ...
- RBI likely to start digital rupee pilot in call money market by OctoberThe pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched on November 1, 2022, with the use case being limi...
- Reserve Bank implementing central digital currency in phases: RBI executive director Ajay Kumar ChoudharyChoudhary said RBI has fostered innovation and it is keeping a close eye on the benefits and risks associated with innovative products and ...
- CBDC to be implemented in phased manner for wholesale, retail segments: RBI officialNew Delhi, Jul 20 (PTI) The Reserve Bank of India is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased ma...
- Plan to introduce CBDC in India within FY23, but gradually: RBIAs announced in the Union Budget for the ongoing fiscal, the Central Bank Digital Currency (CBDC) will be introduced in India within the on...
- RBI to adopt graded approach to introduce digital currencyThe RBI said that it has been exploring the pros and cons of the introduction of CBDC in India and the appropriate design elements of CBDCs...
- Rajya Sabha stays just 10 minutes short of clocking 100% productivityEleven bills were passed in the House while one was introduced for discussion and passage. The session fell short of a cent percent product...
- Crypto industry expects growth to lose edge in FY23Last year, sustained investor interest had led to a meteoric rise in volumes on crypto exchanges. According to industry estimates, the top ...
- President gave assent to Finance Bill, Appropriation BillThe Finance Bill was passed with 39 amendments.
- Allocate Rs 20,000 crore for rehabilitation of Kashmiri Pandits: AAP MPAam Aadmi Party MP Sanjay Singh on Tuesday asked the government to allocate Rs 20,000 crore for the rehabilitation of Kashmiri Pandits. Dur...
- India received 65 pc more FDI during Modi regime against 10 years of UPA rule: FMReplying to the discussion on the Finance Bill, 2022, and Appropriation Bill, 2022, the minister said India continues to remain among the t...
- Eleven Indian crypto exchanges evaded Rs 81.5 cr GST, government saysChaudhary said while the government does not collect any data on cryptocurrency exchanges, a few “cases of evasion of Goods and Services Ta...
- FinMin proposes amendments to Finance Bill; seeks to tighten norms for cryptocurrency taxationThe 2022-23 Budget has brought in clarity concerning the levy of income tax on crypto assets. From April 1, a 30 per cent I-T plus cess and...
- GST: Imposition of new ITC restrictions every year is diluting ease of doing businessAt the inception of GST, the availment of ITC was envisaged as a two-way communication whereby the supplier would upload the supply invoice...
- View: Amended I-T law spells trouble for taxpayersA proviso to Section 68 of the I-T Act stands amended. It provides that if a taxpayer takes a loan or borrows money, the amount credited in...
- Customs Act clause to criminalise 'illicit' publication of dataThe Central Board of Indirect Taxes and Customs (CBIC) on Saturday said the proposed clause will only criminalise illicit publication of pe...
- Proposed clause in Customs Act aimed at hackers and criminals, CBIC clarifiesThe Central Board of Indirect Taxes and Customs on Saturday said that the proposed clause will only criminalise the illicit publication of ...
- Govt proposes to tweak TDS norms on sale of immovable propertyAs per the Finance Bill, 2022, presented in Parliament along with the other Budget documents, the government proposes to amend Section 194-...
- Budget 2022 bars set off of losses against undisclosed income found in tax raidsIt has been observed that in many cases where undisclosed income or suppression of sales etc. is detected, payment of tax is avoided by set...
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