Direct Tax Collections for F.Y. 2017-2018 show Growth of 18.7% up to 15th January, 2018

Ministry of Finance Posted On: 17 JAN 2018 4:49PM by PIB Delhi Provisional figures of Direct Tax collections up to 15th January, 2018 show that net collections are at Rs. 6.89 lakh crore which is 18.7% higher than the net collections for the corresponding period of last year. The net Direct Tax collections represent 70.3% of the total Budget Estimates of Direct… Read More

Recommendations made on GST Rate changes on services by the 25th GST Council Meeting

Ministry of Finance Posted On: 18 JAN 2018 7:40PM by PIB Delhi The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The Council has recommended many relief measures regarding GST rates ongoods and services covering many sectors and  commodities.  The Council has also recommended issuance of… Read More

Policy Changes recommended by the 25th GST Council Meeting

Ministry of Finance Posted On: 18 JAN 2018 7:49PM by PIB Delhi The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The following Policy Changes have been recommended by the GST Council in its 25thmeeting held today: The late fee payable by any registered person for… Read More

25th GST Council Meeting: Recommendations for Changes In GST/IGST Rate on Certain Goods

Ministry of Finance Recommendations for Changes In GST/IGST Rate and Clarifications in Respect of GST Rate on Certain Goods -As per discussions held in the 25th GST Council Meeting  Posted On: 18 JAN 2018 7:49PM by PIB Delhi The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi… Read More

Fees payable to an insolvency professional and to other professionals appointed by an insolvency professional:IBBI

Insolvency and Bankruptcy Board of India 7 th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IP/004/2018                                                                           … Read More

Disclosures by Insolvency Professionals and other Professionals appointed by Insolvency Professionals conducting Resolution Processes:IBBI

Insolvency and Bankruptcy Board of India 7 th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001                                                                                … Read More

Brief Note on Condonation of Delay Scheme (CODS), 2018

  Brief Note on Condonation of Delay Scheme (CODS), 2018   Definition Defaulting company means a company which has not filed its financial statements or Annual returns as required under the Companies Act, 1956 or Companies Act, 2013, as the case may be, and the Rules made thereunder for a continuous period of three years.… Read More

Amendments in Appendix 4B of Hand Book of Procedures 2015-20 : DGFT

(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-I SECTION-I) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE No.53/2015-2020 NEW DELHI, DATED THE, 17th January, 2018 Subject: Amendments in Appendix 4B of Hand Book of Procedures 2015-20 - req. In exercise of powers conferred… Read More

CBEC introduces e–way Bill System on trial basis from 16th January 2018

Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Tel.: +91-11-23092849, Fax: +91-11-23092890 Email: chmn-cbec@nic.in   DO.No.02/CH(EC)/2018                                                                 … Read More

Interest rates for Small Savings Schemes:RBI

RBI/2017-18/120 DGBA.GBD.1781/15.02.005/2017-18 January 11, 2018 All Agency Banks handling Small Saving Schemes Dear Sir Interest rates for Small Savings Schemes Please refer to our circular DGBA.GBD.954/15.02.005/2017-18 dated October 12, 2017 on the above subject. The Government of India, had vide their Office Memorandum (OM) No.F.No.01/04/2016–NS dated December 27, 2017 advised the rate of interest on various small… Read More

The Economic Times presents FEMA & Investment Regulation Masterclass- Mumbai, Jan 19 I Special offer for CLR members

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The Economic Times presents FEMA & Investment Regulation Masterclass- Mumbai, Jan 19 I Special offer for CLR members

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Order under section 119 of the Income-tax Act, 1961

Circular No. 01/2018 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 10th of January, 2018 Order under section 119 of the Income-tax Act, 1961 Subject: Processing of income-tax returns under section 143(1) of the Income-tax Act which were filed in Forms ITR-1 to 6 &… Read More

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