In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal un
Cabinet approves continuation of the scheme on Indian Institute of Corporate Affairs beyond the 12th Plan Period The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation of the scheme on Indian Instit
The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the setting up of the 15thFinance Commission. Under Article 280 (1) of the Constitution,it is a Constitutional obligation. The Terms of Reference for the 15thFinance Commissio
PRESS RELEASEINCOME TAX DEPARTMENT, NASHIK It has come to the notice of the Income Tax Department that certain sections of the print media who covered the 'outreach programme' of the Income Tax Department conducted on 15/11/2017 has wrongly
Moody's Investors Service ("Moody's") has upgraded the Government of India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. India’s rating has bee
AoC-4 Non-XBRL and AoC-4 XBRL(Non-Ind AS) forms are being revised and likely to be notified on 7th November 2017 including therein demonetization related changes. Stakeholders may plan accordingly and file using only the revised forms w.e.f. 8th Nove
Investigations in cases of ‘Paradise Papers’ to be monitored through reconstituted Multi Agency GroupRevelations made today in the media under the name ‘Paradise Papers’ [based upon expose done by the International Consortium
Pursuant to revelations made by the International Consortium of Investigative Journalists (ICIJ), a Washington based organization in April 2016 about certain Indians having linkages with entities in offshore no tax/low tax jurisdictions, the Governme
Request for Expression of InterestRepresentation on Independent Evaluation Committee of IBAReserve Bank of India mandated that in respect of all borrowing arrangement exceeding Rs. 250 crores, an Independent Evaluation Committee (IEC) would carry out
As part of its continuous efforts for simplifying Incorporation related process for providing Ease of Doing Business to stakeholders, MCA will be dispensing with the requirement of separately uploading Forms 49 A& 49B after filing SPICe e-forms.A
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