Tag: Press Release
Sale of Electoral Bonds Phase-2 at authorised Branches of State Bank of India (SBI) Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02ndJanuary 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person, who is …
Prosecution filed against 780 listed companies for non-filing of Financial Statements and Annual Returns According to Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary (as stated in Lok Sabha today), MCA has filed prosecution against 780 listed companies under various sections of …
Non-Compliant NBFCs which have not fulfilled their obligations under PML Rules relating to registration of Principal Officer have been asked to do so Prevention of Money Laundering Act, 2002 (PMLA) and the Rules impose obligation on reporting entities (RE’s) including Non-Banking Financial Companies (NBFC’s) to verify identity of …
GST Exemptions on Skill Development, Start-Ups and Tourism Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha has briefed members on GST exemptions available on Skill Development, Start-Ups and Tourism. It was stated that all kinds of representations received …
Linking of SWIFT to the Core Banking System Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha briefed members on Linking of SWIFT to the Core Banking System. It was stated that the Department of Economic Affairs has apprised that …
States Exempted from Tax Refund after GST The North Eastern and Hilly States have not been provided exemption from tax refund till March, 2027 under GST. The GST Council in the meeting held on 30.09.2016, had decided that all entities exempted from payment of indirect tax under the then …
e-way bill on movement of goods from dry-ports and SEZs within the zone – Govt.clarification on representations received. Clarity on E-Way Bill Government has received various representations from Association of Exporters as well as Corporate Bodies seeking clarity on e-way bill regarding movement of goods from dry-ports to …
India and Hong Kong sign Double Taxation Avoidance Agreement (DTAA) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 19th March, 2018 PRESS RELEASE India and Hong Kong sign Double Taxation Avoidance Agreement (DTAA) On 19.03.2018, Government of India and the …
GST Rate and Policy Measures Rationalization-Decisions implemented on GST Council’s recommendations Goods and Services Tax Rate and Policy Based on the various representations received from the trade and industry, the GST Council has recommended a number of measures pertaining to change in Goods and Services tax rate and policy …
107 companies and 7 LLPs under SFIO scanner in PNB fraud case The Government has ordered investigation into the affairs of 107 companies and 7 LLPs under the provisions of Section 212(1)(c) of the Companies Act, 2013 and Section 43(3)(c)(i) of Limited Liability Partnership Act, 2008. The investigation …
