Since then, there has not only been an expansion in volume and value of government receipts and payments, and coverage of bank branches handling government transactions, but also significant movements towards adoption of technology and migration to electronic means of payments.
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 47/2019 New Delhi, the 20th June, 2019 (INCOME-TAX) S.O. 2007(E).—Whereas the Central Government in exercise of the powers conferred by clause (iii) of subsection (4) of Section 80-IA of the Income-tax Act, 1961(43 of 1961)(hereinafter referred to as the said Act), has […]
Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 17th June, 2019 notified vide Notification No. 45/2019–Customs (N.T.) dated 20th June, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 45/2019-Customs (N.T.) New Delhi, dated the 20th June, 2019 30 Jyaistha, 1941 (SAKA) In exercise […]
Notification No. 45/2019- Central Government notifies ‘Central Silk Board’, Bengaluru, PAN: AAALC0093M a Board constituted by the Central Government, 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. 45/2019 New Delhi, the 20th […]
Securities and Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2019/73 June 20, 2019 To, The Managing Directors / Chief Executive Officers, All Recognised Stock Exchanges and Clearing Corporations having Commodity Derivatives Segment IPF Trusts of Recognised Stock Exchanges Sir / Madam, Sub: Credit of Penalty for short-collection/non-collection of Margins on Commodity Derivatives Segments to Core SGF 1. […]
NABARD Consultancy Services Private Limited (NABCONS)- To conduct risk-based Internal Audit for the Company and to provide guidance on maintenance & finalization of Accounts, internal control systems and all statutory & legal compliances.
C&AG had carried out a Performance Audit regarding ‘Assessment of Firms’ under the Income-tax Act, 1961 (‘Act) and in its Report No. 7 of 2014, has made certain suggestions so that in future, assessments in these cases are handled in a more effective manner by the Assessing Officers (AOs).
Clarification regarding non-allowability of set-off of losses against deemed income under section 115BBE of Income-tax Act, 1961 prior to assessment-year 2017-18-reg.
Almost two years and a half have passed and the The Insolvency and Bankruptcy Code, 2016 (IBC) has shown that the legislature wants no stone unturned to resolve the debt stuck in the NPA. It is also interesting to note that the progress has been stupendous. But, the protagonist of the show ‘Insolvency Professional ’(IP)has […]
Government of India compulsorily retires 15 Senior Officers of the Indian Revenue Service (C &CE) with immediate effect In exercise of the powers conferred by Clause (j) of Rule 56 of the Fundamental Rules, the President of India has retired 15 officers of Indian Revenue Service (IRS)(C&CE) in public interest with immediate effect on completing […]
