SEC 112A- LTCG ON SALE OF CERTAIN ASSETS (Inserted by Finance Act 2018, w.e.f. 01.04.2019) Concessional rate of tax on transfer of Certain assets: (A) The above section 112A is applicable on the following circumstances (a) Long term capital gain arising from transfer of the following assets (i) an equity share in a company (ii) a […]
Office Order No. 133 of 2020- The following transfer/postings of the officers in the grade of Assistant/Deputy Commissioner of Income Tax in Investigation Directorate and the respective Central Charge, as mentioned against their names, are hereby ordered with immediate effect and until further orders:
Market volatility is an inevitable part of the stock market and often not appreciated by its participants, somewhere due to a lack of understanding of this concept. Simply put, volatility is the range of price change security experiences over a given period.
APPOINTMENT OF FOREIGN DIRECTOR IN THE BOARD OF DIRECTORS PANEL OF A COMPANY:- Any person, including a foreign director, must have a Digital Signature Certificate and a valid Director Identification Number. Further, their appointment and resignation has to be reported to the Registrar of Companies within 30 days of such event. Although provisions under FEMA […]
No person who is appointed as a trustee of the Board of Trustees of the National Pension System Trust shall be eligible to be appointed as a trustee of any other pension trust, or as a director of any of the intermediaries registered with the Authority or its sponsor:
Consequences of filing ITR after the due date: Understand the penalties and implications of missing the deadline for income tax return filing.
In India, thousands of Companies are incorporated every month under jurisdictions of various ROC’s. These Companies are incorporated for undertaking varied business activities under a single corporate umbrella and deliver value and profitability to its key stakeholders. The day-to-day changing dynamics of the law have created more stringent compliances for the corporates to mitigate any […]
Black money is a major challenge for any economy, where high net worth persons, disproportionate their assets to save themselves from the high taxation system. But what is exactly black money, how it is generated and why government find it difficult to catch such arrangements? Let’s dive deeper into such issues and see for ourselves.
CBIC continues the levy of Safeguard duty on imports of ‘Solar Cells whether or not assembled in modules or panels’ for a period of one year , in pursuance of final findings of review investigations issued by DGTR vide Notification No. 02/2020-Customs (SG) dated 29th July, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF […]
These regulations may be called the Pension Fund Regulatory and Development Authority (Central Recordkeeping Agency) (Second Amendment) Regulations, 2020. . These shall come into force on the date of their publication in the official gazette.
