Government has declared Rate of Interest on Small saving for the Quarter of April 2020 to June 2020 with Massive cut in in interest Rate ranging from 0.70 to 1.40 % per annum. For example rate of interest on PPF been reduced by 70 basis points to 7.1% per annum and same on Sukanya Samriddhi […]
Supervised Entities (SEs) may face difficulty in timely submission of various regulatory and supervisory returns to Department of Supervision (DoS). Therefore, the timelines for submission of the returns to DoS is being extended
These Regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2020.
Recently a message is circulating on Social Media which claims that Financial Year 2019-20 ending on 31.03.2020 is been extended to end on 30.06.2020. With this message a Government notification issued by Ministry of Finance is also been circulated. Here we would like to clarify that this notification is not fake but someone either deliberately […]
in order to support and enable Limited Liability Partnerships (LLPs) registered in India to focus on taking necessary measures to address the COVID-I9 threat and to reduce their compliance burden, certain modifications to the LLP Settlement Scheme, 2020 have been decided to be implemented with effect from 01.04.2020 vide General Circular No. 13/2020 dated 30/03/2020. […]
Central Government introduce a Scheme namely Companies Fresh Start Scheme, 2020 (CFSS-2020) condoning the delay in filing the specified documents with the Registrar, insofar as it relates to charging of additional fees, and granting of immunity from launching of prosecution or proceedings for imposing penalty on account of delay associated with certain filings vide General […]
CBIC extends the exemption from Integrated Tax and Compensation Cess upto 31.03.2021 on goods imported against AA/EPCG authorizations vide Notification No. 18/2020-Customs dated 30th March, 2020.
Ministry of Corporate Affairs introduces the ‘Companies Fresh Start Scheme, 2020’ and revised the ‘LLP Settlement Scheme, 2020’ to provide relief to law abiding companies and Limited Liability Partnerships (LLPs) in the wake of COVID 19
Government of Andhra Pradesh (AP) and Directorate of Revenue Intelligence (DRI) have been allowed time upto 31.12.2020 to complete the process of export of respective allocated quantities of Red Sanders wood vide Notification No. 56/2015-2020 dated- 30th March, 2020. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade […]
CBIC notifies Customs Rate of Australian Dollar with effect from 31st March, 2020 vide Notification No. 35/2020-Customs (N.T.) dated 30th March 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 35/2020-Customs (N.T.) New Delhi, dated the 30th March, 2020 10 Chaitra 1942 (SAKA) In […]
