CBDT issues PAN & TAN within 1 day to improve Ease of Doing Business
In order to improve the Ease of Doing Business for newly incorporated corporates, CBDT has tied up with Ministry of Corporate Affairs
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Cab safety measures for women included in the New Taxi Policy Guidelines
The safety measures, recommended by the Ministry of Women and Child Development, concerning safety of women commuters availing of cab services have
Continue readingFirst International Financial Services Centre set up at Gujarat International Finance Tec-City (GIFT), Gandhinagar
Section 18 of the Special Economic Zones Act, 2005 provides for the setting up of an International Financial Services Centre (IFSC) in
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Dept. of Consumers Affairs signs MOU with 230 Companies for quick redressal of consumer grievances/complaints
The National Consumer Helpline (NCH) is a project of the Department of Consumer Affairs which is executed through the Indian Institute of
Continue readingRequirements for Mutual Funds Investment
The Securities and Exchange Board of India (SEBI) is mandated to protect the interests of investors in securities, and to promote the
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Insurance Cover for Public Deposits
Section 73(2) of the Companies Act, 2013 (the Act) read with Rule 5 of Companies (Acceptance of Deposits) Rules, 2014 mandates that
Continue readingIRDAI issues Guidelines on Insurance e-commerce
Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines on insurance e-commerce dated 9th March, 2017. IRDAI has informed that
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Govt. clarification: No change in fee structure or word limit in RTI queries
A factually incorrect and misleading news report appeared in a section of the media that a new set of RTI Rules have
Continue readingMandatory quoting of Aadhaar for PAN Applications & IT Returns applicable only to resident individuals
Section 139-AA of the Income Tax Act, 1961 as introduced by the Finance Act, 2017 provides for mandatory quoting of Aadhaar /
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Directives issued under Rule 126 of Explosives Rules, 2008 for safe public display of fireworks
A recent accident during display of fireworks at Paravoor, Kerala has brought out several discrepancies such as lack of effective enforcement of
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CBDT introduces simplified ITR Form-1 (Sahaj) for individuals, for AY 2017-18
The Central Board of Direct Taxes has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2017-18. One of the major
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Parliament passes Finance Bill, 2017
Parliament on Thursday approved the Finance Bill, 2017, after the Lok Sabha rejected the five amendments to the Bill passed by the
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Cabinet approves proposal to establish a Fund of Funds for Start-ups (FFS)
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the following proposals with regard to the Fund of
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Draft National Policy for Domestic workers under consideration
A draft National Policy for Domestic workers is under consideration of the Government. The salient features of the Policy are as under:
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Law Commission of India proposes amending IPC to curb the menace of ‘Hate Speech’ in its report
The Hon’ble Supreme Court of India in Pravasi Bhalai Sangathan v. Union of India, (2014) 11 SCC 477 : AIR 2014 SC
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Law Commission of India submits Report No. 266, recommends comprehensive amendments in Advocates Act, 1961
The recent judgment of the Supreme Court in the case of Mahipal Singh Rana v. State of UP, (2016) 8 SCC 335
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CBEC to be reorganised for effective implementation of GST
Reorganisation of the field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax
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Comments invited on Draft Circular on “Master Directions on Issuance and Operation of Pre-paid Payment Instruments (PPIs) in India”
The Reserve Bank of India has placed on its website for public comments the Draft Circular on “Master Directions on Issuance and
Continue readingCabinet approves amendment of Customs and Excise Act relating to abolition of cesses & surcharges on various goods & services
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the following proposals: i. Amendment to the Customs Act,
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Cabinet approves amendment to ‘The Right of Children to Free and Compulsory Education Act, 2009’
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the amendment to Right of Children to Free and
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