DGFT Invites applications for allotment of additional import quota of Pigeon Peas (Cajanus Cajan)/Toor Dal for 2 lakh MT for the fiscal year 2019—2020 vide Trade Notice No. 24/2019-20 dated 05th July, 2019. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 05th July, 2019 TRADE NOTICE NO. […]
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 05th July, 2019 TRADE NOTICE NO. 23/2019-2020 To RA’s of DGFT Customs Commissionerates Members of Trade Joint Secretary (Customs), CBF,C, Department of Revenue Subject: Additional quota of Toor allowed for import for the fiscal year 2019-20. Department of Commerce, Ministry […]
SION for export product Walnut Kernels (Chandler Variety) in Food Product Group has been notified by DGFY vide Public Notice No. 18/2015-2020 Dated 5th July, 2019.
The first budget of Modi government is present today by Nirmala Sitharaman following are the top 100 highlights of budget 1. No income tax for less than 5 lakh per annum income 2. 3% Increase in surcharge for individuals with incomes between 2 to 5 cr. 7% increase in surcharge for incomes above 5 cr […]
Government is providing several schemes and support for the young entrepreneurs to set up their start up industries. It is with a sad note that I am writing this that when it comes to land or premise in an approved industrial area or location for setting up an industry, the young entrepreneurs run from pillar […]
Learn about the requirements for filing a non-resident return in India and whether an Aadhaar card is necessary.
The Central Board of Direct Taxes (CBDT) has introduced some changes— particularly more detail seeking disclosures in the new income tax return (ITR) forms for the assessment year 2019-20 to curb tax evasion and wipe out the loopholes. Considering the revamps and penal clauses for late filing, one should start the process of filing ASAP […]
As per the roadmap, FALLCR is scheduled to increase by 0.50 per cent of NDTL on August 1 and December 1, 2019, respectively. It has been decided that, with immediate effect, banks will be permitted to reckon this increase in FALLCR of 1.0 per cent of the bank’s NDTL as Level 1 HQLA for computing LCR, to the extent of incremental outstanding credit to NBFCs and Housing Finance Companies (HFCs
Circular No. 25/2018-Customs dated 08.08.2018 has prescribed standard operating procedures for the expeditious discharge of the bonds executed by nominated agencies/ banks under notification No. 57/2000-Customs dated 08.05.2000, as a measure of trade facilitation.
Changes in Customs, Central Excise, Service Tax, GST law and rates have been proposed through the Finance (No.2) Bill, 2019. To prescribe effective rates of duty following notifications are being issued:
