"08 August 2019" Archive - Page 2

66.6% Indians are open to taking loans reports study

Family aspirations and upgrading lifestyle is the primary reason for seeking loans by 46% Indians. 33% of Indians are likely to purchase Consumer durables such as smartphones, refrigerators, TV etc. on EMIs to be able to upgrade lifestyle. Loan culture penetrating deep in non-metro cities. Cities like Jaipur, Patna, Lucknow and Nagpur are...

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Posted Under: Finance |

Govt repeals 58 Act and amends 2 Acts (Amends section 54GA of Income Tax Act, 1961)

No. 31 of 2019 (08/08/2019)

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 8th August, 2019 The following Act of Parliament received the assent of the President on the 8th August, 2019, and is hereby published for general information:— THE REPEALING AND AMENDING ACT, 2019 NO. 31 OF 2019 [8th August, 2019.] An Act to repeal certain enactments [...

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DGFT enable online filing of Application to avail TMA assistance

Trade Notice No. 29/2019-2020-DGFT (08/08/2019)

Exporters can now file applications online to avail assistance under the ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products’ Scheme on E-COM module....

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National Medical Commission Act, 2019

No. 30 of 2019 (08/08/2019)

National Medical Commission Act, 2019 to provide for a medical education system that improves access to quality and affordable medical education, ensures availability of adequate and high quality medical professionals in all parts of the country;...

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Maharashtra Value Added Tax (Third Amendment) Rules, 2019

Notification No. VAT-1519/CR-89/Taxation-1 (08/08/2019)

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk Mantralaya, Mumbai 400 032, dated 8th August 2019 MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT-1519/CR-89/Taxation-1.—Whereas, the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend the Maharashtra...

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Administrative changes in jurisdiction of Chief Commissioner Customs Zone II Mumbai.

Notification No. 58/2019-Customs (N.T.) [G.S.R. 566(E).] (08/08/2019)

Notification No. 58/2019-Customs (N.T.) - Administrative changes in the jurisdiction of Chief Commissioner Customs Zone II Mumbai....

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Tariff Notification No. 57/2019-Customs (N.T.), Dated: 08.08.2019

Notification No. 57/2019-Customs (N.T.) [S.O. 2872(E).] (08/08/2019)

Tariff Notification No. 57/2019-Customs (N.T.), Dated: 08.08.2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 57/2019-CUSTOMS (N.T.) New Delhi, 8th...

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Notification No. 36/2019-Customs (N.T./CAA/DRI) Dated: 08.08.2019

Notification No. 36/2019-Customs (N.T./CAA/DRI) [S.O. 2928(E)] (08/08/2019)

NOTIFICATION No. 36/2019-Customs (N.T./CAA/DRI) Principal Director General, Revenue Intelligence, hereby appoints officer mentioned in column (5) of the Table below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers mentioned in column (4) of the said Table in respect...

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A Simple Version of INDAS-2 and IAS-2

Accounting for Inventories AS-2 Valuation of Inventories IAS-2 Inventories INDAS-2 Inventories Important Points are as follows 1. Matching Concept is the relevant concept for Inventories 2. Definition Inventories Consists of the following Held for sale in the ordinary course of business(finished goods) In the process of production of such...

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Posted Under: Finance |

Web Based DIR-3 KYC 2019 Form

MCA has amended the Companies (Appointment and Qualification of Directors) Rules, 2014 w.e.f. July 25,2019 and brought certain amendments in filing of form DIR-3 KYC by providing Web-based verification service  for the Directors who have been allotted Director Identification Number (DIN). Hence, introducing Web-based DIR-3 KYC.  Dire...

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