• Finance Ministry

Corporate tax rates slashed to 22% for domestic cos & 15% for new domestic manufacturing cos

7 years ago

Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs…

  • RBI

RBI revised guidelines for concurrent audit of banks. Accountability to be fixed in serious omission/ commission

7 years ago

RBI revised guidelines for concurrent audit of banks-Scope, coverage of business/branches, minimum items / area of coverage, etc. RBI has…

  • Excise/Custom

Doctrine of promissory estoppel inapplicable in larger public interest – Supreme Court

7 years ago

Doctrine of promissory estoppel inapplicable in larger public interest. Supreme Court upheld withdrawal of custom exemption notifications ABCAUS Case Law…

  • Income Tax

TDS u/s 194N-Cash Replenishment Agencies/ franchise agents of White Label ATM Operators exempted

7 years ago

TDS u/s 194N-Cash Replenishment Agencies & franchise agents of White Label ATM Operators exempted from TDS on cash withdrawal MINISTRY…

  • Income Tax

Confidentiality provisions of tax treaties prohibit use of exchanged information for non-tax  purposes  

7 years ago

Confidentiality provisions of tax treaties prohibit use of exchanged information for non-tax  purposes without express consent  Central Board of Direct…

  • Companies Act

Govt. constitutes Company Law Committee for making recommendations on Companies Act implementation

7 years ago

Govt. constitutes Company Law Committee for examining and making recommendations on various provisions/issues pertaining to implementation of the Companies Act…

  • ICAI

UDIN can be generated within 30 days of signing of Audit Report – Read ICAI Announcement

7 years ago

UDIN by CAs can be generated within 30 days of signing of Audit Report as against 15 days - Read…

  • Companies Act

MCA 23 FAQs on DIR-3 KYC. Read updated and revised FAQs as on date

7 years ago

MCA 23 FAQs on DIR-3 KYC. Read updated and revised FAQs as on date 1. Who is required to file…

  • Income Tax

Reference u/s 144BA for impermissible avoidance agreement to be made to approving panel

7 years ago

Reference u/s 144BA to declare an arrangement as impermissible avoidance agreement to be made to the approving panel in Form…

  • Income Tax

Diversion and Transfer/ Postings of IRS to National e-Assessment Centre & Regional Centres

7 years ago

Diversion and Transfer/Postings of IRS to National e-Assessment Centre (NeAC) and its Regional Centres (ReAC) due to e-assessment scheme 2019…