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DGFT restricts Import of Peas (Pisum sativum)

December 18, 2019 3375 Views 0 comment Print

Import of Peas (Pisum sativum) including Yellow peas, Green peas, Dun Peas and Kaspa Peas is restricted and import subject to MIP of Rs.200/- CIF per kilogram and import is allowed only through Kolkata sea port.

CBDT notifies Revised Form No. 10DA – Section 80JJAA Report

December 18, 2019 25902 Views 2 comments Print

CBDT has notified revised FORM NO. 10DA (Report under section 80JJAA of the Income-tax Act, 1961) under rule 19AB of Income Tax Rules vide Notification No. 104/2019 dated 18th December, 2019.

Special Economic Zones (3rd Amendment) Rules, 2019

December 17, 2019 3684 Views 0 comment Print

A Special Economic Zone or Free Trade Warehousing Zone other than a Special Economic Zone for Information Technology or Information Technology enabled Services, Biotech or Health (other than hospital) service, shall have a contiguous land area of fifty hectares or more:

Assam suspends E-way Bill generation for intra-state movement of goods temporarily

December 16, 2019 3084 Views 0 comment Print

GST Commissioner, Assam temporarily suspend generation of E-way Bill for intra-state movement of goods (movement of goods which commences and terminates within Assam)

Liquidity Support (LS) Facility – NEFT 24 x 7

December 13, 2019 1140 Views 0 comment Print

In order to facilitate smooth settlement of NEFT transactions in the accounts of the member banks maintained with the Reserve Bank in a 24×7 environment, it has been decided to provide an additional collateralised intra-day liquidity facility, to be called Liquidity Support (LS).

IDS tax payment date extended till 31st January, 2020

December 13, 2019 10902 Views 0 comment Print

CBDT notifies 31st Jan 2020 as the Last date for payment of pending amount under Income Declaration Scheme (IDS) 2016. Govt. notifies that persons who have made declaration under the Income Declaration Scheme, 2016, but have not made payment of tax, surcharge, penalty payable there under on or before the due dates, may now make […]

National Savings Time Deposit Scheme, 2019

December 12, 2019 9621 Views 2 comments Print

There shall be four categories of time deposit accounts, namely, One-year account, Two-year account, Three-year account and Five-year account in which a deposit may be made for a period of one year, two years, three years and five years respectively.

Post Office Savings Account Scheme, 2019

December 12, 2019 8499 Views 0 comment Print

An account under Post Office Savings Account Scheme, 2019 may be opened by making an application in Form-1 by the following- a single adult, two adults jointly, a guardian on behalf of a minor, a guardian on behalf of a person of unsound mind, a minor who has attained the age of ten years, in his own name.

Kisan Vikas Patra Scheme, 2019

December 12, 2019 6096 Views 1 comment Print

Government notifies vide notification No. G.S.R. 920(E), new Kisan Vikas Patra Scheme, 2019 which comes into effect from 12th December 2019. Full text of ‘Kisan Vikas Patra Scheme, 2019’ Notification is as follows:- MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 12th December, 2019 G.S.R. 920(E).—In exercise of the powers conferred by […]

National Savings Certificates (VIII Issue) Scheme, 2019

December 12, 2019 7137 Views 0 comment Print

On an application to accounts office in Form-1, following types of accounts can be opened under National Savings Certificates (VIII Issue) Scheme, 2019 namely- (a) Single Holder Type Account; (b) Joint A- Type Account; and (c) Joint B – Type Account.

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