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Tax Refunds amounting to Rs. 26242 crore issued since 1st April 2020

May 22, 2020 762 Views 1 comment Print

Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 assessees since 1st April, 2020 to 21st May, 2020. Income Tax refunds amounting to Rs. 14,632 crore have been issued to 15,81,906 assessees and corporate tax refunds amounting to Rs. 11,610 crore have been issued to 1,02,392 assessees during this period.

Guidelines on Insurance Claims of victims of Cyclone Amphan

May 22, 2020 636 Views 0 comment Print

IRDAI Guidelines on Insurance Claims of victims of current Cyclone Amphan (May 2020) in parts of Odisha and West Bengal and other neighboring States

Submit manual CoO applications under ASEAN-India FTA for exports to Thailand & Vietnam: DGFT

May 22, 2020 2001 Views 0 comment Print

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Dated: 22.05.2020 Udyog Bhawan, New Delhi Trade Notice No. 12/2020-2021 To, 1. All Exporters/Members of Trade 2. All Designated Agencies under FTAs/PTAs Subject: Issuance of Preferential Certificate of Origin for India’s exports to Thailand and Vietnam under ASEAN-India FTA […]

DGFT Includes Gopalpur Port, Odisha as Port of Registration under HBP 2015-20

May 22, 2020 552 Views 0 comment Print

opalpur Port is added by amending the Para 4.37 under Sub Para ‘Sea Ports’ making Gopalpur as a port of registration for various Schemes under the Foreign Trade Policy.

CBIC Appoints CAA in case of M/s Satnam Steels, Rajkot

May 22, 2020 396 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in case of in case of M/s Satnam Steels, Rajkot vide Notification No. 47/2020-Customs (N.T.) dated  22nd May, 2020.

Govt notifies revised date for import of Urad for year 2020-21

May 22, 2020 1068 Views 0 comment Print

Annual quota of 4 lakh MT for import of Urad for the year 2020-2-1 Central Government hereby partially modifies the period of import to be till 31st August, 2020 instead of 31st March 2021, as notified earlier.

VRR for FPIs investment in debt – relaxations

May 22, 2020 633 Views 0 comment Print

Reserve Bank of India RBI/2019-20/239 A. P. (DIR Series) Circular No. 32 May 22, 2020 To All Authorised persons Madam / Sir, ‘Voluntary Retention Route’ (VRR) for Foreign Portfolio Investors (FPIs) investment in debt – relaxations Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 […]

Section 10(46) exemption to Kerala Cooperative Development and Welfare Fund Board

May 21, 2020 1260 Views 0 comment Print

Notification No. 26/2020- Central Government notifies ‘Kerala Cooperative Development and Welfare Fund Board’, Trivandrum (PAN AACTT3875A), a Board constituted by the Government of Kerala, in respect of the specified income arising to that board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. […]

Draft Indian Boiler (Second amendment) Regulations, 2020

May 21, 2020 2277 Views 0 comment Print

The following draft regulations to amend the Indian Boiler Regulations, 1950, which the Central Boilers Board proposes to make in exercise of the powers conferred by section 28 of the Boilers Act, 1923 (5 of 1923), is hereby publishe

Notification No. 24/2020-Customs (N.T./CAA/DRI) dated 21.05.2020

May 21, 2020 639 Views 0 comment Print

Notification No. 24/2020-Customs (N.T./CAA/DRI) dated 21.05.2020 – Appointment of CAA by DGRI – reg Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 24/2020-Customs (N.T./CAA/DRI) New Delhi, dated 21.05.2020 S.O. (E). – In pursuance of notification No, 60/2015-Customs (N.T.), published vide number […]

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