Month: September 2017

Restrictions on banks holding and investment. Amendments to RBI Master Direction

Restrictions on banks holding and investment. Amendments to RBI Master Direction Reserve Bank of India Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 RBI/2017-18/66 DBR.No.FSD.BC.89/24.01.040/2017-18 September 25, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Amendments to Master Direction- …

GST Exemption Notification as per GST Council decisions

GST Exemption Notification as per GST Council decisions MINISTRY OF FINANCE (Department of Revenue) Notification No. 28/2017-Central Tax (Rate) New Delhi, the 22nd September, 2017 G.S.R. 1190(E).—In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of …

Ind AS-An Overview Revised 2017 Publication by ICAI

Ind AS-An Overview Revised 2017. Revised publication contains an overview of various aspects related to IFRS-converged Indian Accounting Standards  Indian Accounting Standards Ind AS-An Overview (Revised 2017) As per ICAI Announcement, the revised publication contains an overview of various aspects related to IFRS-converged Indian Accounting Standards (Ind AS) …

GST Exemption to Skimmed milk powder or concentrated milk

GST Exemption to Skimmed milk powder or concentrated milk for use in milk production for distribution through dairy cooperatives and not for further supply  MINISTRY OF FINANCE (Department of Revenue) Notification No. 30/2017-Integrated Tax (Rate) New Delhi, the 22nd September, 2017 G.S.R. 1198(E).—In exercise of the powers conferred by …