Chief Election Commissioner’s Oversight in Tamil Nadu

The esteemed Chief Election Commissioner, along with the distinguished Election Commissioner and other high-ranking officials of the Election Commission of India, arrived in Chennai to assess the Poll Preparedness for the upcoming General Election to the Lok Sabha in 2024, specifically focusing on Tamil Nadu. The visit spanned two days, during which various crucial meetings […]

Gujarat’s Tourism Boom: Driving Growth with Transformative Projects

Prime Minister heralded Gujarat’s pivotal role in India’s transformation, spotlighting its booming tourism sector fueled by infrastructure upgrades. Enhanced connectivity and streamlined e-visa processes have attracted a staggering 15.5 lakh foreign tourists to Gujarat in 2022, contributing to the state’s allure on the global stage.

Telangana CM Reviews Tax Collections for FY 2023-24

Telangana’s Chief Minister recently scrutinized tax collections for 2023-24, noting a significant revenue gap in the Commercial Taxes Department due to delayed GST compensation from the Union Government. To address this, the CM halted Non-Duty Paid Liquor (NDPL) supply from neighboring states and mandated stringent measures, including CCTV installation at distilleries and GPS tracking on liquor delivery vehicles.

Educational Workshops and Sessions on Science in Goa

The Science Fiesta-2024, a grand festival of Science, was organized by the Goa Science Centre in collaboration with the Department of Science, Technology, and Environment from February 26 to 28, 2024, as part of the National Science Day celebrations. Leading Scientific and Research institutions of India participated in this event and put up an exhibition to highlight the significant developments of Science and Technology for the benefit of society.

E-Verification Scheme-2021

The Income Tax Department has identified certain mismatches between the information received from third parties on interest and dividend income, and the Income Tax Return (ITR) filed by taxpayers. In many cases, taxpayers have not even filed their ITR. In order to reconcile the mismatch, an on-screen functionality has been made available in the Compliance portal of the e-filing website https://eportal.incometax.gov.in for taxpayers to provide their response. At present, the information mismatches relating to Financial Years 2021-22 and 2022-23 have been displayed on the Compliance portal.

RBI has issued revised Master Direction – Reserve Bank of India (Filing of Supervisory Returns) Directions – 2024

The Master Direction provides a broader framework to understand the purpose of the returns and harmonizes the timelines for their submission. This Direction removes certain instructions that have become obsolete and consolidates twenty existing instructions, including one Master Direction for Non Banking Financial Companies. It creates a single document for ensuring compliance related to submission of all supervisory data.

Amendment to Master Direction on Prepaid Payment Instruments

Public transport systems across the country cater to a multitude of commuters on a daily basis. To provide convenience, speed, affordability, and safety of digital modes of payment to commuters for transit services, it has been decided to permit authorised bank and non-bank PPI issuers to issue PPIs for making payments across various public transport systems.