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Companies (Meetings of Board and its Powers) Amendment Rules, 2020

March 19, 2020 24618 Views 0 comment Print

Companies (Meetings of Board and its Powers) Amendment Rules, 2020- Reg: Board meetings under the Companies Act, 2013: Considering the need to take precautionary steps to overcome the outbreak of the coronavirus (Covid-19), the Government has in-principle decided to relax the requirement of holding Board meetings with physical presence of directors under section 173 (2) […]

CBDT notifies ‘designated authority under ‘Direct Tax Vivad Se Vishwas Act, 2020

March 18, 2020 6828 Views 0 comment Print

Notification of ‘designated authority under ‘the Direct Tax Vivad Se Vishwas Act, 2020’- Which provides to the ‘declarant’ a mechanism to resolve disputes under the Income-tax Act, 1961

Debt Raised from Special Window for Affordable and Middle-Income Housing Investment Fund I

March 18, 2020 513 Views 0 comment Print

Central Government hereby notifies a debt raised from the Special Window for Affordable and Middle-Income Housing Investment Fund I, for the purposes of clause (15) of section 5 of Insolvency and Bankruptcy Code, 2016.

Designated authority under Direct Tax Vivad Se Vishwas Act, 2020 in Delhi

March 18, 2020 1044 Views 0 comment Print

Principal CIT Delhi, notifies specified jurisdictional PCIT/CIT having their headquarters at specified places to be the ‘designated authorities’ under Direct Tax Vivad Se Vishwas Act, 2020

Designated authority under Direct Tax Vivad Se Vishwas Act, 2020 in UP

March 18, 2020 1122 Views 0 comment Print

Principal Chief Commissioner of Income Tax, (UP), East, Lucknow hereby notify that the following jurisdictional Principal Commissioner of Income Tax/ Commissioner of Income Tax as specified in column (2), having their headquarters at the place specified in the corresponding entries in column (4) shall be the ‘designated authorities’ under the Direct Tax Vivad Se Vishwas Act, 2020

Import policy of items under Chapter 26 & 27 of ITC (HS), 2017 amended

March 18, 2020 3327 Views 0 comment Print

Revision has been carried out in the Policy and Policy conditions for Zinc Dross, Light Naphtha, Heavy Naphtha, Full Range Naphtha and Aviation Gasoline.

Direct Tax Vivad Se Vishwas Rules 2020

March 18, 2020 32835 Views 1 comment Print

After Assent by President of  of Direct Tax Vivad se Vishwas Act, 2020, CBDT notifies Direct Tax Vivad Se Vishwas Rules 2020 alongwith Relevant Forms which includes Form 1 to Form 5. vide Notification No. 18/2020-Income Tax Dated 18th Mach, 2020. Also Read- Corrigendum to Form-3 of Direct Tax Vivad se Vishwas Rules, 2020 MINISTRY […]

One-time Relaxation to Employers- ESI contribution- April 19 to Sep 19

March 18, 2020 6055 Views 0 comment Print

One-time Relaxation to those Employers who did not file ESI contribution for the contribution period April, 2019 to September, 2019 within 42 days.

Sunset review Investigation concerning imports of “Flexible Slabstock Polyol” from Singapore

March 17, 2020 831 Views 0 comment Print

The original investigation was initiated to examine the nature and extent of dumping and its effect on the situation of the Domestic Industry with respect to Flexible Slabstock Polyol originating in or exported from Singapore, Australia and EU.

RBI clarifies on creation of Investment Fluctuation Reserve (IFR)

March 17, 2020 4272 Views 0 comment Print

Some banks have enquired whether IFR, forming part of General Provisions and Loss Reserves, can be reckoned as Tier II capital only to the extent of 1.25% of total credit risk weighted assets. It is clarified that there is no such ceiling for IFR.

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