Question: 1 What is the purpose of the Foreign Contribution (Regulation) Act, 2010 (FCRA)? Answer: FCRA has been enacted by the Parliament to consolidate the law to regulate the acceptance and utilization of foreign contribution or foreign hospitality by certain individuals or associations or companies and to prohibit acceptance and utilization of foreign contribution or
The Maharashtra Authority of Advance Ruling (AAR) consisting of Rajib Magoo and T.R. Ramnani has ruled that GST is not payable on fees collected towards training in respect of football, basketball, athletics, cricket, swimming, karate, and dance. The association, M/s Navi Mumbai Sports Association, has constructed an international sports complex on land allotted by M/s
The Insolvency and Bankruptcy Board of India amends the Engagement of Research Associates and Consultants Regulations with effect from the 01st day of June 2022. INSOLVENCY AND BANKRUPTCY BOARD OF INDIANOTIFICATIONNew Delhi, the 1st June 2022 Insolvency and Bankruptcy Board of India (Engagement of Research Associates and Consultants) (Amendment) Regulations, 2022 No. IBBI/2022-23/GN/REG083.- In exercise
The State Bank of India, Hyderabad invites the application from the eligible Chartered Accountant firms for empanelment as Concurrent Auditors in the bank branches, CPCs and special outfits. The last date for submitting the application form for empanelment is 15th June 2022. The detailed SOPs can be accessed HERE. ELIGIBILITY CRITERIA: Those firms which satisfy
The Central Board of Direct Taxes (CBDT) vide its Notification No 57/2022 [G.S.R. 404(E)] dated 31st May 2022 notifies the form and manner of filing an appeal to the High Court on ruling pronounced or order passed by the Board for Advance Rulings under section 245W(1). MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF
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