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Draft ‘Fugitive Economic Offenders Bill, 2017’ -Govt invite comments

It is widely felt that the spectre of high-value economic offenders absconding from India to defy the legal process seriously undermines the rule of law in India. It is, therefore, felt necessary to provide an effective, expeditious and constitutionally permissible deterrent to ensure that such actions are curbed....

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Posted Under: Fema / RBI |

MEIS Scheme being re-designed to make exports GST compliant

Merchandise Exports from India Scheme being re-designed to make exports GST- compliant; working capital needs under new tax regime being deliberated upon ...

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Posted Under: Fema / RBI |

Cabinet approves Measures to Prevent Base Erosion & Profit Shifting by India

Cabinet approves signing of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting by India...

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Posted Under: Fema / RBI |

Cabinet approves Pan-India implementation of Maternity Benefit Program

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval to Pan-India implementation of Maternity Benefit Program which now has been extended to all districts of the country w.e.f. 01.01.2017. The Prime Minister in his address to the nation on 31.12.2016 had announced Pan-India implementation of ...

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Posted Under: Fema / RBI |

CSR is getting mainstreamed through Companies Act 2013

The Minister of State (MoS) for Finance and Corporate Affairs, Shri Arjun Ram Meghwal, says Corporate Social Responsibility (CSR) is getting mainstreamed through the Companies Act 2013. This landmark legislation has brought the issue of CSR from back rooms of corporates to their Board rooms ...

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Posted Under: Fema / RBI |

Cabinet approves Law to evict unauthorised occupants from Govt residences

Cabinet approves amendment of the Public Premises (Eviction of Unauthorized Occupants) Act, 1971 to enable summary eviction proceedings in Residential Accommodation...

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Posted Under: Fema / RBI |

IBBI announces Second Edition of Limited Insolvency Examination

The Board specifies the syllabus, format and frequency of the Limited Insolvency Examination under regulation 3(3) of Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 as under:...

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Posted Under: Fema / RBI |

Cabinet approves Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing and ratifying, an Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters....

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Posted Under: Fema / RBI |

Announcement for ICAI-CAMPUS (August-September, 2017) Aspirants

Completion of GMCS is mandatory for taking part in ICAI Campus Placement Programme, meant for Newly Qualified CAs. Accordingly, to cater to the needs of the Students appearing for the Final Examination in May’2017 but are yet to complete GMCS Course, adequate arrangement has been made by the Board of Studies. ...

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Posted Under: Fema / RBI |

Key Initiatives of Department of Expenditure in last three years

Department of Expenditure, Ministry of Finance takes Key Initiatives in the last three years. General Financial Rules 2017 released; Central Sector and Centrally Sponsored Schemes rationalized ...

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Posted Under: Fema / RBI |
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