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Finance Bill 2019 as presented in Lok Sabha by FM

February 1, 2019 22959 Views 2 comments Print

THE FINANCE BILL, 2019 AS INTRODUCED IN LOK SABHA ON 1ST FEBRUARY, 2019 VIDE BILL No. 5 OF 2019 1. The object of this Bill is to continue the existing rates of income-tax for the financial year 2019-2020 and to provide certain relief to taxpayers and to make amendments in certain enactments. 2. Clause 2 […]

RBI Ombudsman Scheme for Digital Transactions, 2019

January 31, 2019 2280 Views 0 comment Print

 RESERVE BANK OF INDIA The Reserve Bank introduces Ombudsman Scheme for Digital Transactions As announced in the Monetary Policy Statement of December 5, 2018, the Reserve Bank of India (RBI) today launched the Ombudsman Scheme for Digital Transactions (OSDT) vide Notification dated January 31, 2019 for redressal of complaints against System Participants as defined in […]

Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2019

January 31, 2019 20709 Views 0 comment Print

These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifth Amendment) Regulations, 2019.

CBDT amends notification on Angel Taxation

January 31, 2019 1818 Views 0 comment Print

Central Government hereby makes following amendment to the notification number S.O. 2088(E) dated the 24th May, 2018 published in the Gazette of India

CBDT notifies BSE Limited as recognised association U/s. 43(5)(e)

January 31, 2019 1203 Views 0 comment Print

entral Government hereby notifies M/s BSE Limited. Mumbai (PAN: AACC1166721.) as a ‘recognised association’ for the purpose of Said clause with effect from 01.10.2018 (the date of commencement of trading in commodity derivative segment) subject to fulfilment of following conditions in respect of trading in derivatives. namely;

MCA Repeals Companies Act, 1956 from 30 January 2019

January 30, 2019 15699 Views 0 comment Print

Central Government hereby appoints the 30th January, 2019 as the date on which the provisions of section 465 of the said Act in so far as they relate to the repeal of the Companies Act, 1956 (1 of 1956) [that in except in so far as they relate to the repeal of the Registration of Companies (Sikkim) Act, 1961 (Sikkim Act 8 of 1961)] shall come into force.

Real Estate Regulatory Authorities’ notified by CBDT U/s. 10(46)

January 30, 2019 720 Views 0 comment Print

Central Government hereby notifies for the purposes of the said clause, ‘Real Estate Regulatory Authorities’ as specified in the schedule to this notification, constituted by Government in exercise of powers conferred under sub-section (1) of Section 20 of The Real Estate (Regulation and Development) Act, 2016 (16 of 2016) as a ‘class of Authority’ in respect of the following specified income arising to that Authority, namely:—

Joint Electricity Regulatory Commission Goa notified u/s 10(46)

January 30, 2019 327 Views 0 comment Print

‘Joint Electricity Regulatory Commission (for the State of Goa and Union Territories except Delhi)’, a commission constituted by the Government of India, in respect of the following specified income arising to that Commission, namely:—

Centralised Verification Scheme for issuance of Income Tax notice

January 30, 2019 2025 Views 0 comment Print

CBDT notifies Centralised Verification Scheme, 2019 for for centralised issuance of notice and for processing of information or documents and making available the outcome of the processing to the Assessing Officer vide Notification No. 05/2019 Dated 30th January, 2019.

CBDT redefines Prescribed income-tax authority U/s. 133C

January 30, 2019 2574 Views 0 comment Print

Prescribed income-tax authority under section 133C. 12D. The prescribed income-tax authority under section 133C shall be an income-tax authority not below the rank of Assistant Commissioner of Income-tax who has been authorised by the Central Board of Direct Taxes to act as such authority for the purposes of that section.

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