Finance - Corporate Law Reporter

Govt. notifies PML (Maintenance of Records) Seventh Amendment Rules, 2017

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 12th December, 2017 G.S.R. 1506(E).—In exercise of the powers conferred by sub-section (1) read with clause (i), clause (j), clause (jj) and clause (k) of sub-section (2) of section 73 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government in consultation… Read More

Constitution of Fifteenth Finance Commission Notified

The Government of India, with the approval President of India, has constituted Fifteenth Finance Commission in pursuance of clause (1) of article 280 of the Constitution, read with the provisions of the Finance Commission (Miscellaneous Provisions) Act, 1951 w.e.f. 27thNovember, 2017. The Commission will make recommendations for the five years commencing on April 1, 2020. This Commission will be… Read More

Prevention of Money-laundering (Maintenance of Records) Sixth Amendment Rules, 2017

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 23rd October, 2017 G.S.R. 1318(E).—In exercise of the powers conferred by sub-section (1) read with clauses (i), (j), (jj), (jjj) and (k) of sub-section (2) of section 73 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby makes the following… Read More

Prevention of Money-laundering (Maintenance of Records) Fifth Amendment Rules, 2017

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 16th October, 2017 G.S.R 1300(E).—In exercise of the powers conferred by sub-section (1) read with clauses (i), (j), (jj), (jjj) and (k) of sub-section (2) of section 73 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby makes the following… Read More

Govt. notifies National Savings (Monthly Income Account) Rules, 2017

NOTIFICATION New Delhi, the 3rd October, 2017 G.S.R. 1239 (E).—In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 ( 5 of 1873), the Central Government hereby makes the following rules further to amend the National Savings (Monthly Income Account) Rules, 1987, namely:— 1. (1) These rules may be… Read More

Govt. notifies National Savings Certificate (VIII-Issue) (Amendment) Rules, 2017

NOTIFICATION New Delhi, the 3rd October, 2017 G.S.R. 1238 (E).—In exercise of the powers conferred by section 12 of the Government Savings Certificate Act, 1959 ( 46 of 1959), the Central Government hereby makes the following rules further to amend the National Savings Certificate(VIII-Issue) Rules, 1989, namely:— 1. (1) These rules may be called the… Read More

Public Provident Fund (Amendment) Scheme, 2017 notified

NOTIFICATION New Delhi, the 3rd October, 2017 G.S.R.1237 (E).—In exercise of the powers conferred by section 3 of the Public Provident Fund Act, 1968 ( 23 of 1968) , the Central Government hereby makes the following Scheme further to amend the Public Provident Fund Scheme, 1968, namely: - 1. (1) These Scheme may be called… Read More

National Savings Time Deposit (Amendment) Rules, 2017 notified

NOTIFICATION New Delhi, the 3rd October, 2017 G.S.R.1236 (E).—In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 ( 5 of 1873), the Central Government hereby makes the following rules further to amend the National Savings Time Deposit Rules, 1981, namely: 1. (1) These rules may be called the… Read More

Govt. notifies Senior Citizens Savings Scheme (Amendment) Rules, 2017

MINISTRY OF FINANCE Department of Economic Affairs NOTIFICATION New Delhi, the 3rd October, 2017 G.S.R.1235(E).—In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 ( 5 of 1873), the Central Government hereby makes the following rules further to amend the Senior Citizens Savings Scheme Rules, 2004, namely:— 1.(1) These… Read More

Govt. withdraws notification covering Gems & Jewellery dealers under PMLA

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th October, 2017 G.S.R. 1223(E).—In exercise of powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby rescinds the notification No. 4/2017, dated the 23rd August, 2017,… Read More

Govt. notifies General Insurance (Rationalisation and Revision of Pay Scales ) Amendment Scheme

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 13th September, 2017 S.O. 3019(E).—In exercise of the powers conferred by section 17A of the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972), the Central Government hereby frames the following Scheme further to amend the General Insurance (Rationalisation and Revision of Pay Scales… Read More

Avail tax deductions under Section 80C to Section 80G

The Income Tax department of India offers tax deductions which help everyone to save tax legally by appropriately making use of the service. It is pretty essential that you invest in more than one avenue as you want to avail better returns with less tax burden. There are various ways in which tax deductions can… Read More

Govt. notifies PML (Maintenance of Records) fourth amendment Rules

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 23rd August, 2017 G.S.R. 1057 E).—In exercise of the powers conferred by sub-section (1) read with clauses (h), (i), (j) and (k) of sub-section (2) of section 73 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby makes the following… Read More