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Privatisation of Companies, Fake Currency & Bank Mergers

March 16, 2020 549 Views 0 comment Print

The Government has given ‘in-principle’ approval for Privatisation of 24 CPSEs including Subsidiaries, Units and Joint Ventures with sale of majority stake and transfer of management control.

Visa and Travel restrictions related to COVID-19

March 16, 2020 723 Views 0 comment Print

Passengers travelling from / having visited Italy or Republic of Korea and desirous of entering India will need certificate of having tested negative from COVID-19 from the designated laboratories authorized by Health Authority of these countries. This is enforcement since 0000 hrs. of March 10, 2020 and is a temporary measure till cases of COVID-19 subside.

Cabinet approves scheme for RoDTEP to boost exports

March 15, 2020 780 Views 1 comment Print

Cabinet approves scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to boost exports Scheme for enhancing Exports to International Markets.

Empanelment for Concurrent Audit of Revenue Earned by Private Operators at Chennai Port Trust

March 15, 2020 1131 Views 0 comment Print

e-Tender For Appointment Of Chartered Accountant Firm For Rendering Professional Services For Concurrent Audit Of Revenue Earned By Private Operators At Chennai Port Trust.

Empanelment of Internal Auditor in State Trading Corporation

March 15, 2020 1200 Views 0 comment Print

STC invites offers from reputed firms (including LLP) of Chartered Accountants for appointment as Internal Auditors having relevant experience in Audit work at their Head Office at New Delhi and its Branches at various locations in India for the Financial Year 2020-21.

Empanelment of Internal Auditor in MSEDCL

March 15, 2020 3930 Views 0 comment Print

Maharashtra State Electricity Distribution Company Limited a Government of Maharashtra Undertaking, invites Expression of Interest (EoI) for Empanelment as Internal Auditors for the period of three Financial Years 2020-21, 2021-22 and 2022-23 from Chartered Accountant /Cost Accountant firms.

CBHFL Invites Applications for Empanelment as Concurrent Auditors

March 15, 2020 1389 Views 0 comment Print

CBHFL invites application for empanelment as Concurrent Auditors for its Branches at Surat, New Delhi, Bangalore, Indore, Jaipur from Partnership or Proprietorship firm of Chartered Accountant of at least 1 year of vintage or retired officers of Public Sector Banks (PSBs) who retired in Scale III or above and had experience in Branch Management and/or Audit for at least 5 years.

Govt notifies Maharashtra COVID-19 Regulations, 2020

March 14, 2020 41928 Views 0 comment Print

No person/ Institution/ organization will use any print or electronic or social media for dissemination of any information regarding COVID-19 without ascertaining the facts and prior clearance of the Commissioner, Health Services, Director of Health Services (DHS-I & II), Director, Medical Education & Research (DMER), or Collector as the case may be. This is necessary to avoid spread of any unauthenticated information and/or rumors regarding COVID-19. If any person / Institution / organization is found indulging in such activity, it will be treated as a punishable offence under these Regulations.

Notification No. 17/2020-Income Tax, Dated: 13.03.2020

March 13, 2020 5994 Views 0 comment Print

Central Government hereby specifies that a non-­resident being an Eligible Foreign Investor which operates in accordance with the Securities and Exchange Board of India, circular IMD/HO/FPIC/CIR/P/2017/003 dated 04th January, 2017, shall be deemed as Foreign Institutional Investor (FII) for the purposes of transactions in securities made on a recognised stock exchange located in any International Financial Services Centre (IFSC), where the consideration for such transaction is paid or payable in foreign currency.

Credit worthiness cannot be doubted merely for meager income | Section 68 | Bogus share capital

March 13, 2020 2010 Views 0 comment Print

The assessee had furnished PAN, copies of the income tax returns of the investors as well as copy of the bank accounts in which the share application money was deposited in order to prove genuineness of the transactions. In so far credit worthiness of the creditors were concerned, the bank accounts of the investors showed that they had funds to make payments for share application money.

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