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National Savings Time Deposit (Amendment) Rules, 2019

July 16, 2019 1212 Views 0 comment Print

These rules may be called the National Savings Time Deposit (Amendment) Rules, 2019. They shall deemed to have come into force on the 1st day of July, 2019.

Govt notifies Interest Rate on PPF applicable from 1st July 2019

July 16, 2019 1902 Views 0 comment Print

Central Government hereby notifies that subscriptions made to Public Provident Fund on or after the 1st day of July, 2019 and balances at the credit of the subscriber shall bear interest at the rate of 7.9 per cent. per annum.

Interest Rate on Sukanya Samriddhi Account w.e.f. 1st July 2019

July 16, 2019 1392 Views 0 comment Print

Central Government hereby notifies that subscriptions made to Sukanya Samriddhi Account fund on or after 1st day of July, 2019 and the balances at the credit of the subscriber shall bear interest at the rate of 8.4 per cent. per annum.

Senior Citizens Savings Scheme (Amendment) Rules 2019

July 16, 2019 8244 Views 5 comments Print

These rules may be called the Senior Citizens Savings Scheme (Amendment) Rules, 2019. They shall be deemed to have come into force on the 1st day of July, 2019.

National Savings (Monthly Income Account) Amendment Rules, 2019

July 16, 2019 1125 Views 0 comment Print

These rules may be called the National Savings (Monthly Income Account) Amendment Rules, 2019. They shall deemed to have come into force on the 1st day of July, 2019.

National Savings Recurring Deposit (Amendment) Rules, 2019

July 16, 2019 2964 Views 1 comment Print

These rules may be called National Savings Recurring Deposit (Amendment) Rules, 2019. They shall deemed to have come into force on 1st day of July, 2019.

National Savings Certificates (VIII Issue) (Amendment Rules), 2019

July 16, 2019 2289 Views 0 comment Print

These rules may be called the National Savings Certificates (VIII Issue) (Amendment Rules), 2019. They shall deemed to have come into force on the 1st day of July, 2019.

CBDT denies Large Scale Changes in ITR Forms wef 11th July 2019

July 16, 2019 18054 Views 11 comments Print

CBDT  said that there are no changes in the notified ITR forms; only the utility has been updated to facilitate the taxpayers. Therefore, the assertion that numerous changes have been made in ITR-2 and ITR-3 on July 11, 2019, does not give a correct picture. Government of India Ministry of Finance Department of Revenue Central […]

ICSI to implement eCSIN and UDIN w.e.f 1st October, 2019

July 15, 2019 10353 Views 0 comment Print

1. Letter dated 17th June, 2019 received from MCA regarding difficulty in filing Form INC 22A (ACTM). 2. Implementation of Employee Company Secretary Identification Number (eCSIN) Guidelines. 3. Implementation of Unique Document Identification Number (UDIN) Guidelines.

Gains to shareholders due to buy-back of shares amounted to dividend not capital gain

July 15, 2019 4326 Views 0 comment Print

Shares purchased pursuant to the order of Company Court would not amount to capital gain and rather to be treated as a dividend.Whenever a company distributes its profits to its shareholders, the profit so disbursed, will amount to dividend and Dividend Distribution Tax at 15% was required to be paid by assessee u/s 115O.

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