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The Chit Funds (Amendment) Act, 2019

December 5, 2019 5856 Views 0 comment Print

(1) This Act may be called the Chit Funds (Amendment) Act, 2019. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Government designates Special Court under Black Money Law

December 4, 2019 945 Views 0 comment Print

Government, in consultation with Chief Justice of High Court of Himachal Pradesh, Shimla designates Civil Judge-cum-JMIC (3), Shimla and Civil Judge-cum-JMIC(2), Hamirpur as Special Courts under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2019

December 3, 2019 3135 Views 0 comment Print

i. These Regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2019. ii. They shall come into force from the date of their publication in the official Gazette.

The Taxation Laws (Amendment) Bill, 2019 as Passed by Lok Sabha

December 2, 2019 3723 Views 0 comment Print

AS PASSED BY LOK SABHA ON 2.12.2019 Bill No. 362-C of 2019 THE TAXATION LAWS (AMENDMENT) BILL, 2019 A BILL further to amend the Income-tax Act, 1961 and to amend the Finance (No. 2) Act, 2019. BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:— CHAPTER I PRELIMINARY […]

DGFT amends Import policy for Toys /Dolls

December 2, 2019 5058 Views 0 comment Print

Import policy for Toys/Dolls etc: Import policy for Toys /Dolls and similar other recreational goods under any chapter will be governed by BIS standards as specified in Policy Conditions 2 of Chapter 95.

Govt. notifies GSTAT Benches for Mizoram, Rajasthan & Karnataka

November 29, 2019 2568 Views 0 comment Print

Govt notifies creation of the State Benches of the Goods and Services Tax Appellate Tribunal (GSTAT) for Mizoram and Rajasthan and Area Benches at Two Area Benches at Bengaluru and One Area Bench at Jodhpur. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th November, 2019 S.O. 4332(E).—In exercise of the powers conferred […]

Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019

November 29, 2019 3297 Views 0 comment Print

(1) These rules may be called the Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019. (2) They shall come into force from the date of their publication in the Official Gazette.

Govt notifies Permissible International Exchange Jurisdictions under PMLA

November 28, 2019 9714 Views 1 comment Print

Central Government notifies the following jurisdictions under Prevention of Money-laundering Law- (i) United States of America (ii) Japan (iii) South Korea (iv) United Kingdom excluding British Overseas Territories (v) France (vi) Germany (vii) Canada and (viii) International Financial Services Centre in India. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th November, 2019 […]

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2019

November 27, 2019 2721 Views 0 comment Print

The IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 vide The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2019 on 27.11.2019. The regulations shall come into force from the […]

Section 43(5) CBDT notifies Trading in commodity derivatives on NSE 

November 27, 2019 8973 Views 0 comment Print

Central Government hereby notifies M/s National Stock Exchange of India Limited (NSE) as a ‘recognised association’ for the purposeSection 43(5)(e)(iii) and consequently Trading in commodity derivatives on NSE shall not be deemed as speculative business. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 27th of November, […]

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