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Section 10(46) exemption to Cochin Special Economic Zone Authority

May 27, 2020 1278 Views 0 comment Print

Notification No. 27/2020- Central Government notifies ‘Cochin Special Economic Zone Authority’, Kochi (PAN AAAGC0659L), a authority constituted by the Government of India, in respect of the specified income arising to that board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 27/2020-Income Tax […]

Corrigenda to Notification No. 36/2019-Customs, dated 30.12.2019

May 27, 2020 4467 Views 0 comment Print

Government has notified Corrigenda to Notification No. 36/2019-Customs, dated 30.12.2019. Notification No. 36/2019-Customs was issued to amend Customs Tariff notifications so as to align them with amended Customs Tariff. MINISTRY OF FINANCE (Department of Revenue) CORRIGENDA New Delhi, the 27th May, 2020 G.S.R. 316(E).— In the notification of the Government of India, in the Ministry […]

MCA includes ‘PM CARES Fund’ in CSR Schedule VII

May 26, 2020 6801 Views 0 comment Print

MCA notifies PM CARES as eligible to receive CSR Corpuses of corporates as it amends Schedule VII of Companies Act, 2013 vide Gazette Notification dated 26th May, 2020 and included Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) in Corporate Social Responsibility (CSR) Activities under Section 135 of Companies Act, 2013. […]

Rules to amend Chartered Accountants Procedure of Meetings of Quality Review Board

May 26, 2020 810 Views 0 comment Print

These rules may be called the Chartered Accountants Procedure of Meetings of Quality Review Board, and Terms and Conditions of Service and allowances of the Chairperson and members of the Board (Amendment) Rules, 2020.

Initiation of Anti-dumping investigation concerning imports of Acrylonitrile Butadien

May 26, 2020 720 Views 0 comment Print

Initiation of Anti-dumping investigation concerning imports of Acrylonitrile Butadiene Rubber originating in or exported from China PR, European Union, Japan and Russia.

COVID-19 – Regulatory Package by RBI

May 23, 2020 3261 Views 0 comment Print

Lending institutions are permitted, at their discretion, to convert the accumulated interest for the deferment period up to August 31, 2020, into a funded interest term loan (FITL) which shall be repayable not later than March 31, 2021.

RBI notifications on Change in Policy Rates wef 22.05.2020

May 22, 2020 3627 Views 0 comment Print

As announced in the Monetary Policy Statement 2020-21 dated May 22, 2020, the Bank Rate is revised downwards by 40 basis points from 4.65 per cent to 4.25 per cent with immediate effect.

Govt notifies revised date for import of Urad for year 2020-21

May 22, 2020 1341 Views 0 comment Print

Annual quota of 4 lakh MT for import of Urad for the year 2020-2-1 Central Government hereby partially modifies the period of import to be till 31st August, 2020 instead of 31st March 2021, as notified earlier.

Section 10(46) exemption to Kerala Cooperative Development and Welfare Fund Board

May 21, 2020 1566 Views 0 comment Print

Notification No. 26/2020- Central Government notifies ‘Kerala Cooperative Development and Welfare Fund Board’, Trivandrum (PAN AACTT3875A), a Board constituted by the Government of Kerala, in respect of the specified income arising to that board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. […]

Vehicle Documents Validity Extended Till 31st July, 2020

May 21, 2020 2277 Views 0 comment Print

Notification for extension of validity of fee payment and extension of time period for paying fees as mandated under rule 32 and 81 of Central Motor Vehicle Rules 1989 In pursuant to the guidelines issued by Ministry of Home Affairs vide No.40-3/2020-DM-I(A), Dated 24th March 2020 and subsequent amendments regarding imposition of complete lock down […]

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