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March 3, 2021
On 08 March 2021The Board of R Systems International at its meeting scheduled to be held on 08 March 2021 will transact the following business - (1) To take note of the National Company Law Tribunal, New Delhi (NCLT) order dated 01 February 2021 approving the scheme of Amalgamation of RightMatch Holdings and R Systems International and their respective shareholders and creditors. (2)To approve the allotment of shares of the Company pursuant to the said scheme of Amalgamation. (3)To approve the...
March 3, 2021
India’s “energy diplomacy” with Russia will reap strategic dividends Vladimir Putin embraces Narendra Modi during a session at SPIEF in 2017. PHOTO: AFP India’s “energy diplomacy” with Russia will reap strategic dividends It must be cautioned, however, that this scenario would risk complicating India’s recent rapprochement with China The opening of the “Indian Energy Centre” in Moscow on Tuesday will reap strategic dividends for both sides. One of the world’s largest energy...
March 2, 2021
Read more about GST Revenues Cross Rs 1 lakh For Fifth Month In Row on Business Standard. The gross GST revenue collected in the month of February 2021 is Rs 1,13,143 crore of which CGST is Rs 21,092 crore, SGST is Rs 27,273 crore, IGST is Rs 55,253 crore (including Rs 24,382 crore collected on import of goods) and Cess is Rs 9,525 crore
March 2, 2021
Read more about Indices hit days high; Nifty above 14,900 mark on Business Standard. The barometer indices edged higher and hit the days high in morning trade. The Nifty reclaimed the 14,900 mark. All sectoral indices on the NSE were trading in the green. At 10:24 IST, the barometer index, the S&P BSE Sensex, was up 478.12 points
February 28, 2021
The government on Sunday extended the deadline for filing GST annual returns for 2019-20 fiscal by a month till March 31. This is the second extension given by the government. The deadline was earlier extended from December 31, 2020, to February 28. In view of the difficulties expressed by the taxpayers in meeting this time limit, Government has decided to further extend the due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 to March 31, 2021 with the approval of El...
February 28, 2021
Traders body CAIT on Sunday said it would launch a nation-wide agitation against issues related to the goods and services tax and alleged malpractices of foreign e-commerce firms. The day-long Bharat Vyapar Bandh, called by the Confederation of All India Traders (CAIT) on February 26, had evoked a lukewarm response. "The campaign will begin from March 5 and continue till April 5 against the GST amendments and malpractices of foreign e-commerce companies," CAIT said. The traders body said bo...
February 24, 2021
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February 22, 2021
The Bihar government on Monday presented a Rs 2.18 lakh crore budget for 2021-22 fiscal in the Assembly, with no new tax and a thrust on infrastructure and social sectors. Presenting the revenue-surplus budget in the House, Deputy Chief Minister Tarkishore Prasad, who holds the finance portfolio, proposed to introduce a separate department for skill development and entrepreneurship. "We have presented a budget of Rs 2,18,302.70 crore for 2021-22, which is Rs 6,541.21 crore more than the tota...
February 21, 2021
Finance Minister Nirmala Sitharaman on Sunday said the Union Budget 2021-22 is about the role of government as a facilitator and the private sector as a key driver of economic growth, without which the country would be losing a big opportunity. "The most important component or input required here is the participation of the private sector. Unless the private sector is energised enough, unless it is facilitated enough, India is just losing a very big opportunity," Sitharaman said here during t...
February 14, 2021
Read more about Registration of taxpayers to be suspended for anomalies in GST sales return on Business Standard. The registration would be suspended in cases where a comparison of the returns furnished by a registered person with the details of outward supplies furnished in form GSTR-1