Aircraft (Amendment) Act, 2020- Aircraft Accidents Investigation Bureau shall be responsible for carrying out the functions in respect of matters relating to investigation of aircraft accidents or incidents specified in this Act or the rules made thereunder.
What is Venture Capital Assistance Scheme? Venture Capital Assistance Scheme or VCAS is ‘financial support in the form of an interest free loan provided by SFAC to qualifying projects to meet shortfall in the capital requirement for implementation of the project.’ Th primary aim of the scheme is to target Agri Business entrepreneurs through financial […]
Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 was introduced in Rajya Sabha on 15th September 2020. It shall be deemed to have come into force on the 5th day of June, 2020.
Mindfulness activities mean those activities by doing them our mind become calm and energetic. In today’s technological advanced environment it is not always easy to keep our mind calm and energetic. Mind fatigue is more stressful than physical fatigue. So let’s see what Mindfulness Activities one should do to keep oneself calm and always energetic:- […]
RBI: Role of Chief Compliance Officer (COO)–Discussion on compliance function in banks Reserve Bank of India vides its communication dated September 11, 2020, informed that in order to have an effective compliance culture, independent corporate compliance function, and a strong compliance risk management program at the bank and group level, an independent compliance function is […]
(a) the details of reasons for revenue shortfall in the Goods and Services Tax (GST); (b) the details of options available to the States like Tamil Nadu to meet the revenue shortfall in GST collections and the objections from the States for the options;
Ministry of Labour of Employment issues Advisory Guidelines to States Governments for the welfare of Migrant Workers returning to destination states Post COVID 19 Start Date to End Date: Tuesday, September 8, 2020 – 12:00 to Friday, October 9, 2020 – 18:00 Advisory Guidelines to States Governments for the welfare of Migrant Workers returning to […]
Section 5- Scope of income – Income Tax Act, 1961 5. [1] the total income of any previous year of a person who is a resident includes all income from whatever source derived which— [a] is received or is deemed to be received in India in such year by or on behalf of such person […]
Taxability of Joint Development Agreement (‘JDA’) under Income Tax Law Joint Development Agreement (‘JDA’) is the most common and popular form of arrangement for constructing properties in our Country. It is a preferable form both to the Developer and to the Landowner. But there are some issues regarding the taxability of JDA under Income Tax […]
The Covid hit life and economy continues and all of us are becoming used to it and both co-live together. The economy is still weak and looking at various options on how to recover and move forward. Presently in India, local lockdowns are in force depending upon local situation as nationwide lockdown is not considered […]
