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Archive: 15 April 2020

Posts in 15 April 2020

No change in FPI investment Limit for G-secs & SDLs for FY 2020-21

April 15, 2020 786 Views 0 comment Print

The limits for FPI investment in Government securities (G-secs) and State Development Loans (SDLs) shall remain unchanged at 6% and 2%, respectively, of outstanding stocks of securities for FY 2020-21.

Renewal Health insurance premium allowed to be made till 15.05.2015

April 15, 2020 504 Views 0 comment Print

The policy holders whose health insurance policies fall due for renewal during the period on and from the 25th March, 2020 up to the 3rd May, 2020 and who are unable to make payment of their renewal premium on time in view of the prevailing situation in the country as a result of Corona Virus disease […]

Motor Third Party renewal insurance premium allowed to be made till 15.05.2015

April 15, 2020 651 Views 0 comment Print

Central Government issues Notifications allowing  Motor (Third Party) insurance policyholders to make premium payments till May 15th which are due for renewal during COVID19 lockdown. MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 15th April, 2020 S.O. 1258 (E).—In exercise of powers conferred by sub-sections (1) and (5) of section 64VB of the […]

Anti-dumping duty on import of Acetone

April 15, 2020 1242 Views 0 comment Print

Notification No. 07/2020-Customs (ADD) dated 15th April 2020- Seeks to extend anti-dumping duty on import of Acetone originating in or exported from Korea RP, Saudi Arabia and Chinese Taipei till 14th October, 2020.

Investigation of import of Oriented/Spin Drawn/Flat Yarn of Polyester

April 15, 2020 423 Views 0 comment Print

Initiation of Sunset Review investigation concerning imports of All Fully Drawn or Fully Oriented Yarn/Spin Drawn Yarn/ Flat Yarn of Polyester from China PR and Thailand.

Tariff Notification No. 38/2020-Customs (N.T.), Dated: 15.04.2020

April 15, 2020 2778 Views 0 comment Print

Notification No. 38/2020-Customs (N.T.), Dated: 15.04.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION NO. 38/2020-CUSTOMS (N.T.) New Delhi, the 15th April, 2020 S.O. 1257 (E).—In exercise of the powers […]

Corrigenda to Finance Act, 2020

April 15, 2020 2319 Views 0 comment Print

CORRIGENDA- THE FINANCE ACT, 2020- NO. 12 OF 2020- In the Finance Act, 2020 (12 of 2020) as published in the Gazatte of India, Extraordinary, Part II, Section 1, issue No. 20 dated the 27th March, 2020-

CBDT issues Refunds worth Rs 4250 crore issued in a week

April 15, 2020 597 Views 0 comment Print

Central Board of Direct taxes (CBDT) today said that it has already issued over 10.2 lakh refunds totalling to around Rs. 4,250 crore as on 14th April 2020. These refunds are over and above the 2.50 crore refunds already issued in FY 19-20 till 31st March 2020 totalling Rs 1.84 lakh crore.

Summary of GST Amendments In March & April 2020

April 15, 2020 28839 Views 0 comment Print

Article explains implications of Notification No. 10/2020-(CT) to Notification 36/2020(CT), Circular 133 to Circular 136, Notification No. 2/2020- CT (Rate) to Notification No. 3/2020-CT (Rate) and Press Release dated 14.03.2020 post GST Council 39th Meeting. RECENT CHANGES IN GST NOTIFICATIONS 30 TO 36(CT) & Circular No. 136/2020 1. Composition Dealer a) Opting to pay tax […]

Forms to be used in National Savings Schemes at Post Offices

April 15, 2020 2814 Views 0 comment Print

Introduction of common/modified forms to be used in National Savings Schemes for CBS and non CBS Post Offices -Regarding. Ministry of Finance (Department of Economic Affairs) had notified separate forms for each Small Savings Scheme through revised Schemes Rules 2019

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