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DD channel for start-ups 

July 5, 2019 429 Views 0 comment Print

The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that the Government proposes to start a channel within the DD bouquet of channels exclusively for start-ups.

SION for export product Walnut Kernels (Chandler Variety) notified

July 5, 2019 2847 Views 0 comment Print

SION for export product Walnut Kernels (Chandler Variety) in Food Product Group has been notified by DGFY vide  Public Notice No. 18/2015-2020 Dated 5th July, 2019.

Key Highlights of Economic Survey 2018-19

July 4, 2019 1098 Views 0 comment Print

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in the Parliament today. The Key Highlights of Economic Survey 2018-19 are as follows:

Debt recovery mechanism strengthened with enactment of IBC, 2016

July 4, 2019 873 Views 0 comment Print

Taking note of the recent successes in recovery of loans since the Insolvency and Bankruptcy Code, 2016 came into effect, the Survey proposes further strengthening of the National Company Law Tribunals (NCLT) and the appellate tribunal.

Implementation of Track & Trace system for export of Pharma & Drugs extended to 01.04.2020

July 4, 2019 1161 Views 0 comment Print

Implementation of the Track and Trace system for export of Pharmaceuticals and drug consignments alongwith maintaining the Parent-Child relationship in the levels of packaging and their movement in supply chain — Extension of date of implementation

Central Excise / Service Tax NEFT – RTGS Payments Process on ICEGATE

July 4, 2019 44817 Views 6 comments Print

CBIC enables Central Excise and Service Tax Duties payment collection from ICEGATE via NEFT/RTGS The Central Board Indirect Taxes and Customs ( CBIC ) has enabled Central Excise and Service Tax Duties payment collection from ICEGATE via NEFT/RTGS. The CBIC has issued advisory and explained Steps for making and enabling payments through icegate portal. The […]

Supreme Court Requests Govt to amend Section 80DD

July 2, 2019 4968 Views 4 comments Print

Ravi Agrawal Vs Union of India (Supreme Court) The petitioner may be justified in pointing out that there could be harsh cases where handicapped persons may need the payment on annuity or lumpsum basis even during the lifetime of their parents/guardians. For example, where guardian has become very old but is still alive, though he […]

Master Circular – Lead Bank Scheme

July 2, 2019 915 Views 0 comment Print

The Reserve Bank of India has issued a number of guidelines/instructions on Lead Bank Scheme from time to time. This Master Circular consolidates the relevant guidelines/instructions issued by Reserve Bank of India on Lead Bank Scheme up to June 30, 2019 as listed in the Appendix.

GST on MSME Sector- Complete Analysis with FAQs

July 2, 2019 17289 Views 4 comments Print

Article contains Provisions applicable to a MSME related to GST Registration, Composition Levy Scheme, Input Tax Credit, Tax Invoice in GST, Exemption from Compulsory Audit by CA for MSME Sector, Returns in GST and Measures taken for the MSME Sector under GST. Article further contains Major Decisions of the GST Council related to MSME on […]

GST Revenue collection for June, 2019 stands at Rs.99,939 crore

July 1, 2019 2103 Views 0 comment Print

GST Revenue collection for the month of June, 2019 stands at Rs.99,939 crore. Total number of GSTR 3B Returns filed for the month of May up to 30th June, 2019 stands at 74.38 lakh Total gross GST revenue collected in the month of June, 2019 is ₹ 99,939 crore of which CGST is ₹ 18,366 crore, SGST is ₹ […]

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