Cyprus removed as notified jurisdictional area (NJA) with retrospective effect from 01-11-2013
Circular No. 15 of 2017 [Dated 21st April, 2017] Subject: Clarification on
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Date for filing of declaration under PMGKY extended
The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana,2016 (PMGKY) had commenced on 17th December, 2016 and was open for
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Legal Aid and Empowerment initiatives launched
Minister of Law & Justice and Electronics & IT appealed to all those involved in the delivery of justice to join hands
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Government decides to do away with beacons for all categories of vehicles
With a view to strengthening healthy democratic values in the country, the Central Government took another historic step today. The Union Cabinet
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NCLT dismisses Cyrus Mistry’s waiver petition
As reported, the Mumbai Bench of the National Company Law Tribunal (NCLT) headed by Member B.S.V. Kumar refused to grant a waiver
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Business Reform Action Plan 2017 released
The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, in partnership with the World Bank Group, released the
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Cabinet approves implementation of Supreme Court’s judgment regarding Target Plus Scheme under Foreign Trade Policy 2004-09
The Union Cabinet has approved the implementation of Supreme Court’s Judgment dated 27th October 2015 regarding Target Plus Scheme (TPS) 2004-09 in
Continue readingCBDT 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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