Sources to
@CNBCTV18News
:
@FinMinIndia
hs rcvd several representations to extend deadlines for
#GSTR
9A & 9C for FY19 & FY20, ITR for FY20 & I-T audit expiring on 31st Dec.
FinMin likely to extend deadlines by 1-2 months.
Formal decision yet to be taken
@ShereenBhan
#COVID19
Wonderful thought. After all we all can mentor our future generations in someway or the other. Everyone has a learning to share. This shall surely get a better educational ecosystem in our society. A decision well thought.
@ArvindKejriwal
@msisodia
@CMODelhi
स्कूल में ही हमारे बच्चों को बेहतर मार्गदर्शन मिले तो वो दुनिया जीत सकते हैं। आज से दिल्ली के सरकारी स्कूलों में देश के मेंटर योजना शुरु हो गई है।
सभी युवाओं से मेरी अपील, एक मेंटर के तौर पर बच्चों के साथ ज़रुर जुड़ें, उज्जवल भविष्य की तरफ़ ले जाने में उनकी मदद करें।
Attention Taxpayers & CAs!
Govt in no mood to extend any tax deadlines; be it
#GST
or
#IncomeTax
filing
@FinMinIndia
view: "Enough extensions given, taxpayers have been encouraging in filing their returns on time thus do not require any extension."
@theicai
@icsi_cs
@ShereenBhan
.
@CNBCTV18News
NEWSBREAK CONFIRMED
@FinMinIndia
announces massive reduction in Iron ore & Steel Export Duties
From 19 Nov, 2022:
1. Exports of iron ore lumps & fines < 58% Fe will attract NIL duty
2.Exports of iron ore lumps and fines > 58% Fe will attract 30% duty
@ShereenBhan
In morning govt said: India’s Daily Production Capacity (7287 MT) and Stock (~50,000 MT) comfortably more than Daily Consumption (3842 MT) at present. In evening, comes another press statement saying govt to import 50,000 MT of Medical Oxygen 🤷
@MoHFW_INDIA
??
@
Have requested Smt.
@nsitharaman
Ji to kindly consider extending the due date to furnish Tax Audit reports. Some last minute changes by CBDT have burdened auditors who are already bogged down by the recent pandemic induced local lockdowns. Will ensure safety for all.
Privileged to be on 40 under 40 list for English Journalism by
@e4mtweets
Proud to be selected by a wonderful jury headed by
@HT_Ed
While the honor is humbling, it comes with a big responsibility. Thank you
@ShereenBhan
for always supporting me, your mentorship is invaluable
Income tax department considering requests for extending the deadline to file business income tax audit from September 30, say Sources to
@TimsyJaipuria
Watch my special Interview with Finance Secretary AB PANDEY, as he talks on future of GST rates, STRATEGY for next STIMULUS, whether Budget will get more relief for Taxpayers & what will be the focus of Finance Ministry, tomorrow only at
@CNBCTV18News
@CNBCTV18Live
@ShereenBhan
ATTN TAXPAYERS!
Govt sources to
@CNBCTV18Live
@CNBCTV18News
: No decision taken as yet to extend 31st Dec deadline. Returns are being registered in healthy numbers. More than 5.34 crore Income Tax Returns for AY 2021-22 filed till 8pm today.
@ShereenBhan
@FinMinIndia
More than 5.34 crore Income Tax Returns for AY 2021-22 filed till 8pm today.
This includes 24.39 lakh
#ITRs
filed today itself with 2.79 lakh
#ITRs
filed in the last one hour.
Hope you have filed yours too!
If not, please file by the due date ie 31st December, 2021.
ATTN COs, CAs & CS:
From1st April, every company using accounting software for maintaining books of accounts, wl hv to ensure that software has recording audit trail feature of every transaction, ensuring audit trail cannot be disabled.
@CNBCTV18News
@ShereenBhan
@theicai
I am happy to say that my followers diligently follow my tweets, they read each & every word I write, showing how much faith they have in my reports. But I have a request -- pls don't just copy paste my tweets, without giving me & my reporting the due credit. 🙏
.
@IncomeTaxIndia
passes order u/s 119 of Income-tax Act,1961, disposing off the representations for extension of due date for filing of Audit Report u/s 44AB, in compliance with the order of Gujarat High Court dt 8th Jan,2021
Says, no more extensions
@CNBCTV18Live
@CNBCTV18News
Soon your HOTEL BILL ABOVE Rs20,000, HEALTH INSURANCE PREMIUM ABOVE Rs20,000, Payment of edu fees above Rs1lakh, Purchase of jewellery, white goods, paintings, marble above Rs1lakh could get you under
@IncomeTaxIndia
scanner.
List of such transactions
@CNBCTV18News
@CNBCTV18Live
Sources say: India to implement
#GST
E-Invoicing mandatorily frm 1st Oct, by industry above Rs500cr annual turnover for their B2B transactions.
However, industry has submitted detailed representations to make it voluntary to begin with.
@CNBCTV18News
@CNBCTV18Live
@ShereenBhan
NO! Govt hs nt changed the financial yr.
Govt hs deferred the date of implementation of changes in Indian Stamp Act where stamp duty on security market instruments shall be collected through stock exchanges & depositories frm 1st April to 1st July
@CNBCTV18Live
@CNBCTV18News
Here is what commerce & industry ministry has suggested the ministry of Home Affairs to consider, as graded opening for the industry As reported by
@CNBCTV18News
few hours back.
Relief for industry/traders in offing???
@ShereenBhan
@TEAMCAIT
SC Judgement: Recommendations by GST Council not binding on Centre and States. Parliament and state legislatures possess equal powers to legislate on GST. It is for
@GST_Council
to advise suitably.
After almost 5yrs of existence of
#GST
, is
@GST_Council
only an advisory body?
NEWS BREAKS HERE FIRST
As reported by
@CNBCTV18News
@CNBCTV18Live
first, both Finance minister Nirmala Sitharaman & DEA secy Tarun Bajaj confirmed that govt is working on another
#stimulus
, govt shall be announcing it soon.
Do keep watching the space for latest news
#economy
Is it end of road for
#stimulus
measures announced by govt to ensure
#Economic
revival??
Sources tell me:
@FinMinIndia
is working on sectoral specific measures, combination of fiscal and non-fiscal measures, which will be announced in a MONTH or so.
@CNBCTV18News
@ShereenBhan
@IncomeTaxIndia
notifies new tax return form. Taxpayers wl hv to disclose salary break-up, give details abt allowances that are not exempt, value of perquisites, profit in lieu of salary and deductions claimed under Section 16.
@CNBCTV18Live
@CNBCTV18News
Catch me tomorrow at 8am, in an exclusive interaction with DEA & Revenue Secretary Tarun Bajaj as he speaks abt
#cryptocurrencies
; better tax reciepts, fiscal deficit likely to be lower; relief on RoDTEP for exporters & much more only
@CNBCTV18News
@CNBCTV18Live
@ShereenBhan
Chattisgarh
@GST_Council
representative
@TS_SinghDeo
tells me that Chattisgarh has formally rejected the two options presented by
@nsitharamanoffc
at 41st Council meet making case for states to borrow to meet compensation requirements. Says, state ok if centre makes the borrowing
Sources to CNBC-TV18: Govt likely to announce an extension of Due Date to file
#GSTR
9 and 9C for FY20-21 from 31st Dec to February 28, 2022.
Notification likely soon.
#CNBCTV18Exclusive
As
@FinMinIndia
pushes industry to queue up at
@BSBommai
led GOM on GST Rate rationalisation, representations from the bottom of the pyramid continue to knock at North Block doors to intervene & prevent closure of businesses. Few of such are by
@CAITIndia
& several unknown
#Exclusive
Sources to CNBCTV18: Cipla files application with DCGI to import Moderna Covid -19 vaccine in India. Application submitted to DCGI on June 28. DCGI likely to take up the application shortly; likely to grant permission to import today itself
@CNBCTV18News
#COVID19
Superb step. Atleast scars of 2nd wave are teaching us be prepared for a secured future. Delhi should become a role model for all states, UTs. We as a country need to invest in better health care & education for a better future.
@CMODelhi
@ArvindKejriwal
@msisodia
@SatyendarJain
Foundation laid for another state-of-the-art Govt Hospital in Delhi by Hon'ble CM Shri
@ArvindKejriwal
.
The Shalimar Bagh Hospital to have:
▪️Capacity: 1430 Beds
▪️Estimated cost: ₹275 Crore
▪️G+2 OT complex with expansion for 2 more floors
IMP CLARIFICATION FOR INDUSTRY:
@GSTN_IT
says: carrying physical copy of e-invoice is not mandatory during movement of goods; QR code having IRN is sufficient.
Move eases challenges related to carrying physical documents during transportation of good.
@CNBCTV18Live
@ShereenBhan
Sharing the statistics of Income Tax Returns filed till 29.12.2021.
A total of 5,09,58,559
#ITRs
have been filed upto 29.12.2021 including 23,24,253
#ITRs
filed for AY 2021-22 on the day itself.
For any assistance,pl connect on orm
@cpc
.incometax.gov.in
We will be glad to assist!