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Formation of GoM as Recommended by the GST Council in its 31st Meeting held on 22.12.2018. The GST Council in its 31st meeting held today at New Delhi has approved the proposal to form a 7 Member Group of Ministers to study the revenue trend, including analysing the reasons …
GST Council has certain important issues to various Committees / GoM The GST Council in its 31st meeting held today at New Delhi decided to refer the following issues to Committees / GoM indicated against them: (i) Extending the Composition scheme to small service providers. The rate of tax …
Recommendations made during 31st Meeting of the GST Council The GST Council in its 31st meeting held today at New Delhi made the following policy recommendations: There would be a single cash ledger for each tax head. The modalities for implementation would be finalised in consultation with GSTN and the …
Recommendations made during 31st Meeting of the GST Council held regarding Rate changes and clarification in Goods GST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates, and clarification (on Goods). The decisions of the GST Council …
NPS Withdrawal Norms The Pension Fund Regulatory and Development Authority (PFRDA) has changed the norms for withdrawal of National Pension System (NPS) subscribers. Keeping in view the possibility of sudden financial needs of the subscribers, the requirement of minimum period under National Pension System (NPS) for availing the …
Tax Authorities can now keep a watch on electronic information generated, transmitted, received or stored in any computer resource Section 69 of the Information Technology Act, 2000 authorises Central or State Government to issue directions for interception or monitoring or decryption of any information through any “computer resource”. The …
IBBI releases Provisional list of 848 Insolvency Professionals from 12 Cities. Insolvency and Bankruptcy Board of India has released Provisional list of Insolvency Professionals (IPs) prepared in accordance with Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018. The Board has invited observations …
Delegation of powers to Regional Directors for alteration of articles for conversion of public ltd company to private and different accounting year MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th December, 2018 S.O. 6225 (E).—In exercise of the powers conferred by section 458 of the Companies Act, …
Shri Arun Jaitley, Minister of Finance and Corporate Affairs has introduced the Companies (Amendment) Bill, 2018 (Bill No. 187 of 2018) in the Parliament to further to amend the Companies Act, 2013. The proposed Act shall be called the Companies (Amendment) Act, 2018 and shall be deemed to …
CBI has booked a Delhi based Chartered Accountant (CA) in a alleged Bribery case. A lady Income Tax Inspector has also been booked along with the said CA. A written complaint was made to the CBI alleging that that one Income Tax officer (ITO) at Delhi had issued …
