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Notifications/Circulars

Panel to overhaul Direct Tax law seeks 3 months extension

February 28, 2019 1341 Views 0 comment Print

The term of the Task Force is extended by three months, i.e., the Task Force shall now be required to submit its report by 31 .05.2019.

Tariff Notification No. 18/2019-Customs (N.T.) Dated 28.02.2019

February 28, 2019 1236 Views 0 comment Print

Tariff Notification No. 18/2019-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 18/2019-CUSTOMS (N.T.) New Delhi, Dated: 28th February, 2019 9 Phalguna, 1940 (SAKA) S.O. […]

Govt notifies part-time members of NFRA wef 28th February, 2019

February 28, 2019 951 Views 0 comment Print

Central Government hereby appoint the following persons as part-time members of National Financial Reporting Authority (NFRA) with immediate effect,

CBDT Revises Corporate Tax collection Targets for FY 2018-19

February 27, 2019 1134 Views 0 comment Print

Revision of the target for collection of Corporation Tax from Rs.6,21,000 Crore to Rs. 6,71,000 Crore under Revised Estimates (RE), the region-wise revised targets for Corporation Tax fixed on the basis of current trends of growth and revenue potential of the regions, are as under: –

Govt notifies persons who may file an application for initiating CIRP

February 27, 2019 1386 Views 0 comment Print

Central Government hereby notifies following persons who may file an application for initiating corporate insolvency resolution process against a corporate debtor before the Adjudicating Authority, on behalf of the financial creditor: –

FEMA (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations 2019

February 27, 2019 3567 Views 0 comment Print

(i) These regulations may be called the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations 2019.(ii) They shall come into force from the date of their publication in the Official Gazette.

CBDT specifies Nodal Officer for PM-KISAN Yojana

February 27, 2019 3621 Views 0 comment Print

Central Government hereby specifies Nodal Officer, Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) of all State Governments and Union Territories for the purposes of the said clause in connection with sharing of information regarding income tax assessees for identifying the eligible beneficiaries under PM-KISAN Yojana.

RBI amends deceleration to be given in Form ‘FNC’

February 27, 2019 6120 Views 0 comment Print

Accordingly, the Form FNC has also been suitably modified and the following phrase added under the heading ‘Declaration’ in Part II clause (ii), at the end of the existing sentence.

Assign vacant CIT(A) charges to CIT: CBDT instructs Pr. CCIT

February 27, 2019 867 Views 0 comment Print

In view of high pendency of B-1 to B-3 cases, the Principal Chief Commissioners of Income Tax (CCA) have been authorized by the Central Government to assign additional charges of vacant post of CsIT(A) under their jurisdiction to CsIT posted in their region for a period not exceeding 3 months or until further order, whichever is earlier to ensure speedy disposal of pending B­1 to B-3 category of appeals before CsIT(A).

Sea Cargo Manifest and Transhipment (Amendment) Regulations, 2019

February 27, 2019 4416 Views 0 comment Print

These regulations may be called the Sea Cargo Manifest and Transhipment (Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

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