Press Release

  • Income Tax

Cabinet approves Agreement for the Avoidance of Double Taxation and Prevention of Fiscal Evasion between India and Iran

Cabinet approves Agreement for the Avoidance of Double Taxation and Prevention of Fiscal Evasion between India and Iran  The Union…

6 years ago
  • bankruptcy

Resolution professional not require approval of shareholders of the corporate debtor for insolvency resolution process

Resolution professional doesn’t require nod of shareholders/members for insolvency resolution  Ministry vide its circular no. IBC/01/2017 dated 25.10.2017 clarified that…

6 years ago
  • Government

Gold imports 80-20 scheme-Govt to probe benefit to private parties and take action

Gold Imports 80-20 Scheme-Government to examine why private parties were benefitted and take action against the persons involved In a…

6 years ago
  • GST

Recommendations on data analytics made by GST Council

Recommendations regarding Data Analytics made during the 26th meeting of the GST Council  In the 26th meeting held here today ,…

6 years ago
  • Aadhaar

Nearly 17 crores Aadhaar numbers linked with PAN. 8779.65 Lakhs Current/Savings Accounts linked with Aadhaar

Linking of Aadhaar with PAN Cards-Nearly 17 crores Aadhaar numbers linked with PAN As per the information available as on…

6 years ago
  • FCRA

Retrospective amendment in Foreign Contribution Regulation Act 2010-Who will be benefited?

Retrospective amendment in Foreign Contribution Regulation Act 2010-Who will be benefited? Political parties cannot receive contribution from any foreign source…

6 years ago
  • Finance Ministry

Agreement on Money Laundering Information with over 130 countries including tax havens

Agreement with other Countries on Money Laundering Information. Indian Government has entered into agreements with over 130 countries including tax…

6 years ago
  • GST

All States to implement national e-way bill system latest by 1st June 2018

All States to implement national e-way bill system latest by 1st June 2018 for Intra-State movement of goods as per…

6 years ago
  • Chartered Accountants

NFRA to have power to impose penalty on audit firms

NFRA to have power to impose penalty on audit firms  The Chartered Accountants Act, 1949 (Act) provides for imposition of…

6 years ago
  • Companies Act

199 companies face penalty for non-compliance of CSR norms. No proposal to review provisions of the Companies Act

199 companies face penalty for non-compliance of CSR norms. No proposal to review the state of implementation of the Companies…

6 years ago