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Archive: 30 April 2019

Posts in 30 April 2019

MCA amends Due date for filing DIR-3KYC

April 30, 2019 4560 Views 2 comments Print

Due date for filing DIR-3KYC [Companies (Appointment and Qualification of Directors) Amendment Rules, 2019] MCA has issued Companies (Appointment and Qualification of Directors) Amendment Rules, 2019 on 30.04.2019. By this amendment the Ministry has changed the due date from ’30th, April of immediate next financial year’ to ’30th June of immediate next financial year’.  So […]

Notification No. 34/2019-Customs (N.T.), Dated: 30.04.2019

April 30, 2019 2439 Views 0 comment Print

Tariff Notification No. 34/2019-Customs (N.T.), Dated: 30.04.2019- Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver – Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 34/2019-CUSTOMS (N.T.) New Delhi, 30th April, 2019 […]

How to easily calculate tax on Shares and Mutual Funds

April 30, 2019 3378 Views 0 comment Print

In order to incentivize the equity markets Government has given various sops to this sector. Under Section 10(38) of Income Tax Act, exemption to long term capital gains arising from sale of equity shares in a company or unit of an equity oriented fund has been provided. Equity oriented fund is the one where the […]

External Commercial Borrowings: Regulatory Framework Substantially Relaxed

April 30, 2019 9801 Views 0 comment Print

Reserve Bank of India (RBI) on 16 January 2019 notified a new external commercial borrowings framework (New ECB Framework). The New ECB Framework rationalizes the existing external commercial borrowings framework (Old ECB Framework) by merging the existing Track I (medium-term foreign currency denominated ECB) and Track II (long-term foreign currency denominated ECB) into one track as ‘Foreign Currency Denominated ECB’. Existing Track III (Indian Rupee denominated ECB) and the Indian Rupee denominated bonds (Masala Bonds) route has been merged as ‘Rupee Denominated ECB’.

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