Q.1 Why amendments in the Indian Stamp Act, 1899 have been made? Answer: The amendments have been carried out with respect to securities market transactions. The present system of collection of stamp duty on securities market transactions has led to multiple rates for the same instrument, resulting in jurisdictional disputes and multiple incidences of duty, […]
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 to introduce the Anti-Absorption provisions and make certain other miscellaneous changes. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 84/2021-Customs (N.T.) New Delhi, the 27th October, 2021 G.S.R 761(E).- […]
These Regulations may be called the Securities and Exchange Board of India (Foreign Portfolio Investors) (Second Amendment) Regulations, 2021.
(1) These rules may be called the National Institutes of Food Technology Entrepreneurship and Management Rules 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
The issue of treatment of additional payment for sugarcane price by Cooperative sugar mills as an income distribution to farmer members and resultant tax liabilities has been brought to notice of CBDT
Issuance of calendar for Sovereign Gold Bond Scheme 2021-22 The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in four tranches from October 2021 to March 2022 as per the calendar specified below: S.No. Tranche Date of Subscription […]
There are situations when the family needs emergency funds. If invested at the right time in life insurance, it could provide benefit at a later stage of life. Financial security is something that is a must to ensure so that family can meet the financial requirement. Individuals often opt for insurance so that they can protect their families from financial worries in their absence.
What is an Income Tax Return? or famously known as ITR. Income Tax Return is when a person is supposed to submit to the Income-tax Department of our nation. It withholds the information of a person’s income and the taxes that are to be paid during the year.
Over 2 crore Income Tax Returns filed on the e-Filing portal of the Income Tax Department The e-filing portal of the Income Tax Department (www.incometax.gov.in) has marked receipt of more than 2 crore Income Tax returns as on 13th October 2021. The new portal was launched on 7th June, 2021 and in the initial period taxpayers had reported glitches and difficulties […]
(1) These rules may be called the Registration of Assignment of Receivables (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
