We have tried to cover major amendments brought in by Finance Act, 2022 in the GST Law. Further, we have divided the same as summary part and detailed part so that reader can read as per his comfort. 1. Insertion of Section 16(2)(ba) and substitution of a new Section 38: Summary: Input tax credit with […]
Hello Friends, myself Ankit Misra, a member of Institute of Company Secretaries of India. I am happy to be here with you and it is my constant endeavor to share with you my knowledge over different topics of FEMA and this time I would like to discuss on Foreign Direct Investment (or FDI) under FEMA. […]
a) Beaches, Gardens, Parks to remain open as per normal timing before the advent of the COVID-19 pandemic. b) Amusement/ Theme parks to remain operational with 50% of the operational capacity. c) Swimming Pools, Water-Parks to remain open with 50% capacity.
Representations have been received seeking clarification on the manner of computation of valuation, after admissible abatement, for the purposes of computation and payment of Basic Excise Duty and National Calamity Contingent Duty (NCCD).
The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) which was earlier notified to be 31.01.2022 has been extended to 28.02.2022.
No Objection Certificate (NOC) from the lending scheduled commercial banks/ financial institutions/ debenture trustees, from not less than 75% of the secured creditors in value.
The Prime Minister stressed that welfare of the poor is one of the most important aspect of this Budget. The Budget aims to ensure pucca house, toilet, tap water and gas connection for every poor household. At the same time focus is on modern Internet connectivity also.
ये बजट 100 साल की भयंकर आपदा के बीच, विकास का नया विश्वास लेकर आया है। ये बजट, अर्थव्यवस्था को मजबूती देने के साथ ही सामान्य मानवी के लिए, अनेक नए अवसर बनाएगा। ये बजट More Infrastructure, More Investment, More Growth, और More Jobs की नई संभावनाओं से भरा हुआ है। और एक नया क्षेत्र और खुला है। और वो हो Green Jobs का। ये बजट तत्कालीन आवश्यकताओं का […]
The Union Budget 2022-23 announced today, presented the government’s plans to increase capital expenditure by 35% and fuel growth for an economy recovering from 3 waves of the COVID-19 pandemic. The Minister of Tourism, Shri Kishan G. Reddy expressed his gratitude to the Prime Minister and the Finance Minister for the continued focus placed on […]
The risks of climate change are the strongest negative externalities that affect India and other countries, the Union Finance Minister said while addressing the Parliament. She re-iterated the low carbon development strategy, announced by the Prime Minister, as an important reflection of our government’s strong commitment towards sustainable development.
