Category: Finance Ministry
CBDT notifies the Protocol amending the Double Taxation Avoidance Convention (DTAC) between India and Kazakhstan. A Protocol to amend the existing Double Taxation Avoidance Convention (DTAC) between India and Kazakhstan, earlier signed on 9th December, 1996 for the avoidance of double taxation and for the prevention of fiscal evasion …
The Government of India has announce North East Industrial Development Scheme, NEIDS-2017 for industrial units in the North Eastern Region comprising States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura to boost industrialization. North East Industrial Development Scheme NEIDS-2017 NEIDS-2017 will be effective from 01.04.2017 …
Public Sector Banks to require copy of passport of promoters/directors and other authorised signatories of companies for loan facilities of Rs. 50 crore and above Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today stated that the …
The Finance Act, 2018 passed by the Parliament has received the assent of the President on the 29th March, 2018 Download The Finance Act, 2018 (13 of 2018) Click Here >>
Gratuity limit increased to Rs 20 Lakhs for private sector employee. Payment of Gratuity Amendment Act 2018 brought in force on 29th March, 2018 The Payment of Gratuity (Amendment) Bill, 2018 has been passed by Lok Sabha on 15th March, 2018 and by the Rajya Sabha on 22nd March, 2018, …
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 …
Central Government to issue coin of three hundred fifty rupees denomination to commemorate the occasion of 350th Birth Anniversary of Shri Guru Gobind Singh Ji . Accordingly, the Ministry of Finance has notified the Coinage (Issue of Commemorative coin on the occasion of 350th Birth Anniversary of Shri …
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 …
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 …
Chit Funds (Amendment) Bill 2018 Notification. Bill for strengthening and streamlining of the registered Chit Fund sector The Chit Funds Act, 1982 was enacted to provide for the regulation of chit funds which are indigenous business in India and have conventionally satisfied the financial needs of the low-income …
