Your kid may have some sort of idea about a bank from watching TV or reading books but if you want to teach your child about how to manage money, then nothing is better than providing them a real-world practical experience. Thanks to the RBI (Reserve Bank of India), you could introduce your child to the financial system as and when they turn 10 by opening a savings account. Many banks such as Axis Bank have launched Future Stars savings account for kids.
Linkage of Aadhaar number to Insurance Policies is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017.
(i) increase rate of basic customs duty on Peas (Pisum sativum) from present Nil rate to 50%. (ii) increase rate of basic customs duty on wheat from 10% to 20%.
Form GSTR-4 online upload functionality is now available to taxpayers for uploading of their quarterly returns. Earlier Excel based GSTR-4 Offline tool was provided to taxpayers, to prepare their Form GSTR-4 offline.
Section 145 (2), as amended, has to be read down to restrict power of the Central Government to notify ICDS that do not seek to override binding judicial precedents or provisions of the Act. The power to enact a validation law is an essential legislative power that can be exercised, in the context of the Act, only by the Parliament and not by the executive. If Section 145 (2) of the Act as amended is not so read down it would be ultra vires the Act and Article 141 read with Article 144 and 265 of the Constitution.
The results of Grant Thornton’s International Business Report (IBR), a quarterly global business survey, reveal that business optimism in India has slipped from 2nd position in the last quarter to 6th position in the 3rd quarter of 2017.
Rate of exchange of conversion of ‘Qatari Riyal’ wef 09.11.2017 (For Imported Goods) Rs. 18.35 and For Export Goods Rs. 17.35. Notification No. 106/2017 – Customs (N.T.)
Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a stringent test with respect to their credit worthiness and credibility; Amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Resolution Process, 2016 impose a greater responsibility on the Resolution Professionals and the Committee of Creditors in discharging their duties.
Uncover the secrets of car insurance policies. Learn about the benefits and flexibility they offer and avoid being left with an inept policy.
Under the provisions contained in section 9(1)(i) of the Income-tax Act, 1961 (Act), all income accruing or arising, whether directly or indirectly, through or from any business connection in India.
