Category: Press Release
Government puts in place measures to protect Commercial decision making by Banks The Finance Minister has repeatedly assured Bankers that adequate measures would be taken to protect honest commercial decisions taken by them and distinction would be made between genuine commercial failures and culpability.Every Bank was also required …
Extension of last date for filing Income Tax returns, no such proposal yet says Ministry Government has recently changed Form 16 and Form 24 Q to bring more disclosures. In order to enable pre-filling of return of income of salaried taxpayers, the Government has amended Form No. 16 …
Cabinet approves restructuring of balance sheet of Scooters India Limited, Lucknow The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for restructuring of balance sheet of Scooters India Limited, Lucknow (SIL) by way of: 1. reduction of equity of Rs. …
Operation Clean Money Phase-II Enforcement action in high risk cases to be taken i.e.; verification, search, survey, scrutiny – Finance Minister Ministry of Finance Press Release 16-May, 2017 The Union Minister of Finance, Shri Arun Jaitley, launches Operation Clean Portal; Will enable citizen engagement for creating a tax …
Revenue Secretary reviewed IT-Preparedness for GST roll-out from July 01, 2017. Software system developed for GST, training of tax officials etc. Ministry of Finance Press Release Dated: 11th May, 2017 Revenue Secretary Dr. Hasmukh Adhia holds detailed review of IT-Preparedness for the roll-out of Goods and Services Tax …
Employers bound to give extended maternity leave to women workers already on maternity leave as on 01.04.2017 Ministry of Labour & Employment Press Release Dated: 08-May, 2017 Clarification on Recently Notified Maternity Benefit (Amendment) Act, 2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 …
Unclaimed Deposits in Banks and Insurance Companies The details of the unclaimed deposits reported by various banks under Section 26 of Banking Regulation Act (BR Act), 1949 are as follows: As of Unclaimed Deposits (Rs. in crores) 31.12.2013 5124.98 31.12.2014 4998.27 31.12.2015 6835.40 The details of unclaimed amount …
Its reform not disruption. this is the mind of 21st Century people, rear Disrupter are 1.25 Billion Indians-Text of PM address at India Today Conclave Text of PM’s address (through video conference), at the India Today Conclave सबसे पहले आप सभी को इस आयोजन के लिए बहुत-बहुत बधाई-शुभकामनाएं। …
Rollback provision in revised India-Korea DTAA-CBDT Clarification. Applications for bilateral APA for international transactions with Associated Enterprises Clarification by Central Board of Direct Taxes on rollback provision in the revised India-Korea Double Taxation Avoidance Agreement The Central Board of Direct Taxes (CBDT) has clarified that under the revised …
Levy of Service Charge by Hotels-advisory by Department of Consumer Affairs to the State Governments on complaints received Ministry of Consumer Affairs, Food & Public Distribution Press Release 10-March, 2017 Department of Consumer Affairs issues an advisory to the State Governments on Levy of Service Charge by Hotels …
