Office Order No. 41 of 2019: Authorization of the Pr. Chief Commissioner of Income Tax (CCA) to assign additional charge of the vacant post of CIT (Appeal) under its jurisdiction – reg. Also Read- Assign vacant CIT(A) charges to CIT: CBDT instructs Pr. CCIT No. A- 35915/11/2019-Ad.VI Government of India Ministry of Finance Department of […]
CBDT busts Bogus donation racket under section 35(1)(ii) of Income-tax Act, 1961– Rural Development Society , Hyderabad. It raised substantial donations on the basis of forged certificates and claimed weighted deduction u/s.35(1)(ii) of the The amount of donations raised during the Assessment Years i.e. 2016-17 & 2017-18. president of the Society had admitted that they […]
Maharashtra Profession Tax- (i) This Scheme shall be called the One Time Payment of Tax Scheme, 2019.(ii) It shall be deemed to have come into force on the 1st April 2018. Government of Maharashtra, hereby makes the following scheme to provide an optional scheme for the payment of tax, in advance, for an enrolled person, under the said Act, as follows, namely :‑
It is clarified that the exports which are made/have been made directly from a EOU/ SEZ unit to Foreign consumer in which export documents are prepared and filed at the customs office of concerned SEZ/EOU Unit, mentioning the name of the EOU/SEZ unit along with the name of the DTA unit on whose behalf the exports is made, would be eligible for MEIS benefits subject to condition that only one of the said units e. either EOU/SEZ unit or the DTA unit can claim the benefits under MEIS.
It has been decided that exposures to all NBFCs, excluding Core Investment Companies (CICs), will be risk weighted as per the ratings assigned by the rating agencies registered with SEBI and accredited by the Reserve Bank of India, in a manner similar to that of corporates
in the ‘Statement on Developmental and Regulatory Policies’ of the Sixth Bi-monthly Monetary Policy Statement dated February 07, 2019, it has been decided to revise the definition of ‘bulk deposits’ and provide operational freedom to banks in raising these deposits.
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.
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.
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.
MCA has notified vide ‘Companies (Registration Offices and Fees) Amendment Rules, 2019‘ fees for filing of new notified e -form ACTIVE. Fees will be Rs. Nil for filing till 25.04.2019 and Rs. 10000/- for Filing after 25.04.2019. Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 21st February, 2019 G.S.R. 143(E).—In exercise of the […]
