Government withdraws enhanced surcharge on tax payable on transfer of certain assets
In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.
Continue readingNotifications issued by various government departments, government bodies etc.
In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.
Continue readingThe Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to
Continue readingAt present, the RTGS system is available for customer transactions from 8:00 am to 6:00 pm and for inter-bank transactions from 8:00
Continue readingThe Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments,
Continue readingThere is a substantial pendency of appeals of the Income Tax Department before various appellate fora. The CBDT is aware of the
Continue readingThe Ministry of Corporate Affairs has amended the Companies (Share Capital & Debentures) Rules by removing Debenture Redemption Reserve requirement for Listed
Continue readingThe Finance Ministry has simplified the process of assessment in the case of Startup entities. In cases where scrutiny assessments of Startup
Continue readingClarification issued by Reserve Bank of India It has come to our notice that transactions that have failed due to technical reasons,
Continue readingS.O. 2948(E)— In exercise of the powers conferred by Section 5 of the Child and Adolescent Labour (Prohibition and Regulation) Act, 1986
Continue readingThe Ministry of Corporate Affairs has amended the provisions relating to issue of shares with Differential Voting Rights (DVRs) provisions under the
Continue readingGeographical Indication (GI) under the Department for Promotion of Industry and Internal Trade has recently registered 4 new GIs. PalaniPanchamirtham from Palani
Continue readingThe Finance (No.2) Act, 2019 (23 of 2019) has amended the National Housing Bank Act, 1987 conferring certain powers for regulation of
Continue readingWith a view to bringing greater transparency in the functioning of the tax-administration and improvement in service delivery, almost all notices and
Continue readingS.O. 2903(E).—Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies the Government delivery processes,
Continue readingIn a swift and coordinated action on Friday, 2nd August 2019, the Investigation Wing of Income Tax Department, NER carried out searches
Continue readingOn 09-08-2019, President gave its assent for the Arbitration and Conciliation (Amendment) Bill, 2019. Arbitration and Conciliation (Amendment) Act, 2019 will further amend
Continue readingS.O. 2856(E)—Whereas Sikhs For Justice (SFJ) has been declared as an unlawful association, vide, notification number S.O. 2469 (E) dated 10th July,
Continue readingG.S.R. 562(E)— The following Declaration made by the President is notified for general information:— DECLARATION UNDER ARTICLE 370(3) OF THE CONSTITUTION “C.O.
Continue readingIn exercise of the powers conferred by clause (1) of Article 370 of the Constitution, the President, with the concurrence of the
Continue readingIn the context of Alternate Investment Funds (AIFs), references have been made to the Central Board of Direct Taxes (the Board) seeking
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