GST Revenue collection in the month of April 2018 exceeds Rs. 1 Lakh Crore The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST is Rs18,652 crore, SGST is Rs.25,704 crore, IGST is Rs. 50,548 crore (including 21,246 crore collected on imports) and Cess is Rs.8554 crore (including […]
ITAT Mumbai held in the case of Parle Products Pvt. Ltd. vs. ACIT that Making addition on estimate basis by rejecting the books of account in the absence of any adverse material brought on record cannot stand.
While the FPIs are only permitted to invest in corporate bonds with minimum residual maturity of above one year, in order to bring consistency across debt categories, it is stipulated that investments by an FPI in corporate bonds with residual maturity below one year shall not exceed, at any point in time, 20% of the total investment of that FPI in corporate bonds.
Notification No. 3/2018-Customs (N.T./CAA/DRI)- In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and as amended by notification No. 133/2015-Customs (N.T.), published vide number G.S.R. 916(E) dated 30th November 2015 in Gazette of India
(1) These rules may be called the Insolvency and Bankruptcy Board of India (Annual Report) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette.
Some MEIS entries classifiable under the Handicrafts sector are included for enhanced benefit under the Merchandise Exports from India Scheme, for the exports made in the period 1.11.2017 to 30.6.2018.
The Competition Commission of India (CCI) passed final order imposing penalty on six firms – Fortified Security Solutions (Fortified), Ecoman Enviro Solutions Pvt. Ltd. (Ecoman), Lahs Green India Pvt. Ltd.
Want for pile of information, abysmal Infrastructure, resistance to the simplicity, stringent timelines, want of tax, Uncool Performa of GSTR 1, 2 and 3 – sum it up and you get GSTR 3B. The name GSTR 3B was first heard sometime in April 2017, when the 2nd version of draft return rules were released. While […]
Central Government hereby appoints the 1st day of May, 2018 as the date on which the provisions of Section 227 to Section 229 of Insolvency and Bankruptcy Code, 2016 shall come into force.
Explore the intricacies of Related Party Transactions under Companies Act, 2013, AS 18, and IND AS 24. This article delves into definitions, criteria, and approvals, comparing with Revised Clause 49 of SEBI Listing Agreement. Learn about disclosures, remedies, and penalties for non-compliance, gaining insights into the evolving regulatory landscape. Uncover the details required for comprehensive reporting and compliance, ensuring a clear understanding of the complex web of relationships and transactions within corporate entities.
