Directorate of Commercial Taxes, West Bengal issues clarification regarding settlement of arrear disputes in Tax, Interest, Late fee, and Penalty
For the Entry Tax it has been directed to pay only 50% of the disputed tax and 100% waiver of Interest, Late fee, and Penalty.
National Institute of Design, Ahmedabad eligible for deduction of expenses incurred on scientific research for the purpose of computation of income tax
This Notification shall apply with effect from the date of publication in the Official Gazette (i.e., from the Previous Year 2023-24) and accordingly shall be applicable for Assessment Years 2024-2025 to 2028-2029.
UP PCB issues revised fee structure
All red category Large, Medium, Small industries should get their effluent sample and air quality sample analyzed on paid basis from Boards Laboratory on quarterly, half yearly and yearly basis respectively and orange category industries should get their effluent sample and air quality sample analyzed on paid basis from Boards Laboratory on yearly basis.
EPFO clarification regarding mandatory Aadhaar seeding with UAN of EPF members for filing of ECR
Authority has granted an extension for mandatory seeding of Aadhaar for filing of ECR up to 31.03.2024 in respect of the certain class of establishments i.e. Beedi making, Building and Construction and Plantation Industries (Tea, Coffee, Cardamom, Pepper, Jute, Rubber, Cinchona, Cashewnuts etc.) and for North Eastern Region comprising of States of Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland & Tripura.
Clarification regarding Procedure for remitting the interest earned from the funds of Centrally Sponsored Schemes
Release of funds under Centrally Sponsored Schemes (Css), monitoring utilization of funds released and Procedure for remitting the
interest earned from the funds released shall be done through the single nodal account of Single Nodal Agencies (SNAs).
TRAI Recommendations on “Improving Telecom Coverage and Backhaul Infrastructure in far-flung areas of Ladakh
All operating TSPs in UT of Ladakh must provide fair and nondiscriminatory access to their spare backhaul transmission media resource capacity via lease/ rent or on mutually agreeable terms and conditions, to other TSP/ ISP. A committee of TERM field unit of J&K and representative(s) of all TSPs should be formed at the earliest to help resource pooling across TSPs. A second level Committee at the DOT headquarters should be formed to periodically review and resolve any impediment being experienced by any affected entity.
E-Commerce portal dedicated to handloom & handicraft
It aims at making artisans & weavers self-reliant Artisans and weavers can directly sell their items on the virtual store, shutting out middlemen.
Ministry of Road Transport & Highways Launches Portal inviting applications under the “Scheme of Financial Assistance for administering Road Safety Advocacy and awards for the outstanding work done in the field of Road Safety
It is mentioned that the applications would be accepted through the online portal on Ministry’s website (https:/ Imorth.nic.in/). The portal will be opened w.e.f. t” May, 2023 to 30th May, 2023 for inviting applications.
Central Government announces commencement of 7 quality control orders
Central Government announces commencement of 7 quality control orders on 24 October, 2023.
IRDAI Information and Cyber Security Guidelines, 2023
Those entities who have already completed security audit for FY 2022-23 shall ensure compliance with these guidelines from next financial year.