Union Budget proposes permitting 100% Foreign Direct Investment (FDI) for insurance intermediaries Easing of Local Sourcing Norms also proposed for FDI in Single Brand Retail sector Rationalization of existing Know Your Customer (KYC) norms for FPIs contemplated to make it more investor friendly NRI-Portfolio Investment Scheme Route proposed to be merged with Foreign Portfolio Investment […]
Whether the AO is correct in making addition in the return by considering the income as not from agriculture on the failure of Assessee to prove agriculture activity?
India’s FDI inflows in 2018-19 remained strong at USD 64.375 billion marking a 6% growth over the previous year. The Finance Minister proposed the following steps to further consolidate the gains in order to make India a more attractive FDI destination:
India to become a 3 trillion Dollar Economy this year and a 5 trillion Dollar Economy by 2024-25 India requires Investments averaging Rs. 20 lakh crores every year Gone are the days of policy paralysis and license-quota-control regimes: Finance Minister
The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that the Government proposes to start a channel within the DD bouquet of channels exclusively for start-ups.
Introduction: The merger is a combination of two or more entities into one; it is not just the accumulation of assets and liabilities of the distinct entities, but the organization of the entity into one business. The merger requires a complete restructuring of the company as the two companies are merged into one single entity. […]
Ministry of Finance Policy Measures to promote Growth and Employment Generation in Indian Economy Posted On: 05 JUL 2019 1:50 PM by PIB Delhi The Union Budget 2019-20 presented today by Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, lays down a vision for India becoming a 5 trillion dollar economy by 2024-25. […]
The Action Plan for 2018-19 was a comprehensively re-modeled plan that sought to address all the current priorities in a holistic manner. It laid special emphasis on a number of critical areas such as litigation management, improving quality in diverse areas of work and strengthening compliance and enforcement functions. The plan worked well and resulted in enhanced level of performance in all functions across the board.
Major Point of Union Budget As presented by Union Minister Of finance 2019 (Part –A) > Economy from $ 1.85 trillion in 2014 to $2.7 trillion and expected to reach $3 trillion in 2019 itself. > National Education Policy:-To Changes in school higher education. > Stand up India to continue till 2025. > 95% of […]
Office of the Commissioner of State Tax (GST), 8th floor, New Building, GST Bhavan, Mazgaon, Mumbai-400010. TRADE CIRCULAR To, …………… …………… No. JC (1-10)-1/GST/2019/CBIC Circular(s)/ADM-8 Mumbai, dated 05.07.2019 Trade Circular (GST) No. 39 T of 2019. Subject: Deemed adoption of certain. Circulars issued by CBIC. Ref. : CBIC Circulars issued during calendar year 2017 and […]
