Tag: Press Release
Steps taken for prevention of fraudulent banking practices. Checking of NPAs, Fugitive Economic Offenders Act, 2018, obtaining certified copy of passport Prevention of Fraudulent Banking Practices The Ministry of Finance has taken number of steps to eliminate fraudulent banking practices. This was stated by Shri Anurag Thakur Minister …
Company Law Committee-2019 submits report. Proposes to decriminalise Companies Act 2013 by removing criminality or restricting punishment Company Law Committee-2019 submits its report to Finance Minister The Company Law Committee was constituted by the Ministry of Corporate Affairs in September, 2019, inter alia, to further decriminalise the provisions of the …
Overseas Indian citizens allowed to enroll in NPS at par with Non Resident Indians PFRDA permitted now Overseas Citizen of India to enroll in NPS at par with Non-Resident Indians Overseas Indian citizens allowed to enroll in NPS As per Press Release of Ministry of Finance, Pension Fund …
DGGI, Gurugram, busts racket issuing fake GST invoices of more than Rs 136 Crores The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit, Gurugram arrested Sh. Rajiv Gupta on 23.10.2019, partner in M/s RST Batteries, Mundka Delhi and Director of M/s RST Batteries Pvt. Ltd Bahadurgarh, Haryana …
MoU between India and Kuwait in the field of accounting, finance and audit knowledge base approved by Cabinet Cabinet approves MoU between India and Kuwait in the field of accounting, finance and audit knowledge base The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved …
Income Tax Department raid “wellness group” of self-styled spiritual godman Kalki Bhagwan’s and his conglomerate of trusts and companies Income Tax raid “wellness group” of Kalki Bhagwan Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 18th October, 2019 PRESS RELEASE Income Tax Department …
Revenue Secretary inaugurates National e-Assessment Centre of IT Department Faceless e-Assessment for income tax payers launched New Initiative shall impart greater efficiency, transparency and accountability in the assessment process National e-Assessment Centre inaguration Revenue Secretary Shri Ajay Bhushan Pandey inaugurated National e-Assessment Scheme (NeAC) here today in the …
DIN system of CBDT launched ; About 17500 Communications with DIN Generated on First day The Documentation Identification Number (DIN) system of Central Board of Direct Taxes (CBDT) has come into existence from todaywiththe generation of about 17,500 communications with DIN on the very first day. This path …
Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs The Government has brought in the Taxation Laws (Amendment) Ordinance 2019 to make certain amendments in the Income-tax Act 1961 and the Finance (No. 2) Act 2019. …
Govt. constitutes Company Law Committee for examining and making recommendations on various provisions/issues pertaining to implementation of the Companies Act Ministry of Corporate Affairs Government constitutes Company Law Committee for examining and making recommendations on various provisions and issues pertaining to implementation of the Companies Act 18 SEP …