Category: Finance Ministry

PMLA-Property held outside country, amended provisions effective from 19th April, 2018

PMLA-Property held outside country, amended provisions effective from 19th April, 2018 The Finance Act has made an important amendment in the definition of “proceeds of crime” as appearing in Prevention of Money Laundering Act, 2002. Previously, the definition was amended in 2015 to include “property equivalent held within …

North East Industrial Development Scheme NEIDS-2017 for giving incentives to the industrial units of the Region

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 …
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