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Mandatory to link your PAN with Aadhaar by 31st March, 2019

February 25, 2019 4626 Views 0 comment Print

Link PAN-Aadhaar Today Beneficial Tomorrow It is mandatory to link your PAN with Aadhaar! Last date to link PAN with Aadhaar is 31st March, 2019 How to link your PAN with Aadhaar Through SMS facility: Send SMS to 567678 or 56161 in following format: UIDPAN<SPACE><12 digitAadhaar><Space><10 digit PAN> Example: SMS to 567678 or 56161: UIDPAN […]

RBI to Harmonise different categories of NBFCs

February 22, 2019 1341 Views 0 comment Print

In order to provide NBFCs with greater operational flexibility, harmonisation of different categories of NBFCs into fewer ones shall be carried out based on the principle of regulation by activity rather than regulation by entity.

MSMEs Interest Subvention Scheme: Salient features & operational guidelines

February 22, 2019 1767 Views 0 comment Print

Interest Subvention Scheme for MSMEs aims at encouraging both manufacturing and service enterprises to increase productivity and provides incentives to MSMEs for onboarding on GST platform which helps in formalization of economy, while reducing the cost of credit. The Scheme will be in operation for a period of two financial years FY 2019 and FY 2020.

MSME sector: Eligibility for loan restructuring without GST-registration

February 22, 2019 1122 Views 0 comment Print

It is clarified that the eligibility for restructuring without GST-registration, as per the circular under reference, should be determined on the basis of exemption limit obtaining as on the date of the aforesaid circular, i.e., January 1, 2019.

Muslim Women (Protection of Rights on Marriage) Second Ordinance, 2019

February 21, 2019 1704 Views 0 comment Print

(1) This Ordinance may be called the Muslim Women (Protection of Rights on Marriage) Second Ordinance, 2019. (2) shall extend to the whole of India except the State of Jammu and Kashmir. (3) It shall be deemed to have come into force on the 19th day of September, 2018.

Discontinuation of printing of Advance & EPCG Authorisations- Reg.

February 21, 2019 1260 Views 0 comment Print

Circular No. 07/2019-Customs F.No.605/30/2015-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Indirect Taxes and Customs (Drawback Division) **** 4th Floor, Jeevan Deep Building, Parliament Street, New Delhi Dated 21st February, 2019 To All Principal Chief Commissioners/ Chief Commissioners of Customs/Customs (Preventive)/Customs & Central Tax All Principal Directors General/Directors General under […]

President Assents Finance Act, 2019 (Budget 2019)

February 21, 2019 5346 Views 0 comment Print

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 21st February, 2019/ Phalguna 2, 1940 (Saka) The following Act of Parliament received the assent of the President on the 21st February, 2019, and is hereby published for general information:— THE FINANCE ACT, 2019 NO. 7 OF 2019 [21st February, 2019.] An Act to continue […]

Synopsis of SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018

February 21, 2019 3591 Views 0 comment Print

CS Chintan Doshi Synopsis of SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 Dated 31-12-18, Effective From 01-04-2019 1. The definition of “promoter” and “promoter group category” to be read as per SEBI (ICDR) REGULATIONS, 2018 in place of 2009. Definitions are as follows: “promoter” shall include a person: i) who has been named as […]

CBDT notifies Joint Secretary (PMAY), Ministry of Housing and Urban Affairs U/s. 138(1)(a)(ii)

February 21, 2019 960 Views 0 comment Print

In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act, 1961, the Central Government hereby specifies Joint Secretary (PMAY), Ministry of Housing and Urban Affairs, Government of India, for purposes of the said clause.

Issue of notice for prima facie adjustment under section 143(1)(a)

February 20, 2019 29439 Views 0 comment Print

Processing of Return of AY 2017-18 and Issue of notice for prima facie adjustment under 143(1)(a) (PFA notice) ITBA-ITR Processing Instruction No. 6 DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi – 110055 F.No. System/ITBA/Instruction/ITR Processing/112/16-17/ Dated: 20.02.2019 To All Principal Chief Commissioners of Income-tax/CCsIT All Principal Director Generals […]

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