In case of a belated return, it would be crucial to examine the trend and business practices of a particular assessee while ascertaining the legitimacy of the transactions disclosed in a belated return, filed post-demonetisation.
Enhancement of Merchandise Exports from India Scheme (MEIS) for two sub sectors of Textiles Industry; Post-GST rates Notified to boost exports and employment generation in the labour intensive textiles and apparel sector
In respect of shares held in the unclaimed suspense account opened by the company as directed by SEBI, the procedure to be followed for transfer of such shares to demat account of the IEPF Authority held in NSDL system is given below:
Press Release dated 23.11.2017 from Ministry of Corporate Affairs, Government of India Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulgated today the Ordinance to amend the Insolvency […]
Seeks to specify jurisdiction of Revisionary Authority under rule 10 of Central Excise (Appeals) Rules, 2001 under the Central Excise Non tariff section. Notification No. 27/2017-Central Excise (N.T.)
GPS in new smart mobile handset.—With effect from the 1st January, 2018, no smart phone handset manufacturing company shall sell the new smart mobile phone handset in India without the facility of identifying the location through Satellite based GPS
In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment, with immediate effect, in Notification No. 29/2015-20 dated 24.12.2015 relating to export of onion.
As part of the overall strategy of diversifying the investor base for government securities, the Government of India and RBI have been taking various measures to encourage participation of retail investors in G-Sec market including introduction of non-competitive bidding in primary auctions.
On a review of the limit imposed on shareholding of the post converted equity of the borrower company under reconstruction by Asset Reconstruction Companies (ARCs), it has been decided to exempt ARCs meeting the criteria set out in paragraph 3 below from the cap of 26% subject to compliance with the provisions of the SARFAESI Act, 2002.
The facility of making e-payments under all Acts (except GST) administered by Maharashtra Goods and Services Tax Department (MGSTD) is available on the web-site www.mahavat.gov.in through the e Payment Gateways of GRAS and the SRI e-Pay.
