Author: administrator
RBI revises housing loan limits for eligibility under priority sector lending Presently, in terms of RBI Master Direction, loans to individuals up to Rs. 28 lakh in metropolitan centres (with population of ten lakh and above) and Rs. 20 lakh in other centres, are eligible to be classified …
Draft National Guidelines on Social Environmental & Economic Responsibilities of Business 2018 – Invitation for Public Comments Background The Ministry of Corporate Affairs (MCA) issued the National Voluntary Guidelines on Social, Environmental & Economic Responsibilities of Business (NVGs) in July 2011 with a view to provide a clear, broad-based …
MCA invites comments from stakeholders on introductory note and draft on Cross-Border Insolvency The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border …
Computation of interest income pursuant to secondary adjustment made u/s 92CE of Income-tax Act-Amendment in Rule 10CB. Comments and suggestions invited F. No. 370142/12/2017-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** New Delhi, dated the 19th of June, 2018 Subject: Amendment in …
RBI cancels Certificate of Registration of 5 NBFCs The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following five Non-Banking Financial Companies (NBFCs). Sr. No. Company’s Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Cygnus …
Central Goods and Services Tax (Sixth Amendment) Rules 2018-Transporter registered in more than one State may apply for unique common enrolment number MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 28/2018 – Central Tax New Delhi, the 19th June, 2018 G.S.R. …
ICAI Annual Membership Fee Payment and GST Credit-ICAI can not raise invoice in partnership firms name. It can accept GSTIN nos of proprietorship firms only As per the latetst communication from the Indirect Taxes Committee of ICAI , the committee has considered the request raised by the Chartered …
Unspent amount of donations shown as current liabilities not income if received with stipulation to their use by the Charitable Trust-High Court ABCAUS Case Law Citation ABCAUS 2377 (2018) 06 HC The instant appeal was filed by the Revenue u/s 260-A of the Income Tax Act 1961against the …
Companies Accounting Standards Amendment Rules 2018-AS-11. Disposal of a Non-integral Foreign Operation by repatriation of accumulated profits not form part of a disposal unless constitutes return of the investment Ministry of Corporate Affairs NOTIFICATION New Delhi, the 18th June, 2018 G.S.R...…. (E).-
ICAI bans CA guilty of professional misconduct, removes name from the Register of Members for one year for non exercising due diligence/grossly negligent THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 15th June, 2018 (CHARTERED ACCOUNTANTS) No. PR-52/10-DD-72/10/DC/315/2014.—In …
