India’s overall exports (Merchandise and Services combined) in April-July 2020-21* are estimated to be USD 141.82 billion, exhibiting a negative growth of (-)21.99per cent over the same period last year. Overall imports in April-July 2020-21* are estimated to be USD 127.76 billion, exhibiting a negative growth of (-) 40.66per cent over the same period last year.
The CBDT has carried out several major tax reforms in direct taxes in the recent years, which includes the following: (i) Reduction in corporate tax to 22% from 30% for existing companies and 15% for new manufacturing units. (ii) Abolition of dividend distribution tax (iii) Simplification of compliance norms for startups (iv) Settlement of pending […]
ईमानदार करदाताओं को प्रोत्साहन और कर प्रणाली में पारदर्शिता बढ़ाने के लिए प्रधानमंत्री नरेंद्र मोदी ने एक नए और महत्वपूर्ण प्लेटफॉर्म की शुरुआत की इस प्लेटफॉर्म का नाम ‘ट्रांसपैरेंट टैक्सेशन: ऑनरिंग द ऑनेस्ट’ दिया गया है. इस अवसर पर प्रधानमंत्री नरेंद्र मोदी ने कहा कि ये प्लेटफॉर्म 21वीं सदी के टैक्स सिस्टम की शुरुआत है, […]
Launching Platform For Transparent Taxation- Honoring The Honest By PM Shri Narendra Modi Prime Minister Narendra Modi will launch the platform for ‘Transparent Taxation – Honoring the Honest’ on 13/08/2020 via Video Conferencing. Govt. has taken several measures from reducing tax rates to ease of compliance. The launch of the platform will further carry forward […]
RBI on August 06, 2020, barred banks from opening current accounts for customers who have availed cash credit or overdraft facilities from any bank. RBI has taken this measure with a view to improve credit discipline. In a notification, the central bank said that rather than opening a new current account, all transactions should be […]
Shri Rajesh Verma, Secretary, Ministry of Corporate Affairs (MCA) released the ‘Report of the Committee on Business Responsibility Reporting (BRR)’ here today.
The CBDT has carried out several major tax reforms in direct taxes in the recent years. Last year the Corporate Tax rates were reduced from 30 percent to 22 percent and for new manufacturing units the rates were reduced to 15 percent. Dividend distribution Tax was also abolished.
Dear Professional Colleagues, The mammoth world with all its beautiful bounties, geographical riches, scientific innovations, exotic cultures and vast army of extraordinary human capital is one large family interconnected with the common goal for global health, peace, prosperity and progress. The present global challenges emanating from pandemic have only enhanced the need for global interdependence […]
Shri Girish Chandra Murmu assumed office as the Comptroller and Auditor General of India here today. He belongs to Indian Administrative Service of Gujrat cadre (1985 batch). Shri Murmu succeeds Shri Rajiv Mehrishi, who demitted office on Friday. Prior to this, Shri Murmu was the first Lieutenant Governor of Union Territory of Jammu & Kashmir.
National Company Law Appellate Tribunal Revised Standard Operating Procedure for Ld. Advocate/ Authorised Representative/Party-in-Person for Mentioning the matter for hearing through virtual mode. As directed, the following is the revised Standard Operating Procedure for hearing of cases through virtual mode (Cisco Webex Meeting Platform) from 04.08.2020 till further orders. MENTIONING 1. The mentioning application shall […]
