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IFSC Authority approves the International Financial Services Centres Authority (Banking) Regulations, 2020
12 November 2020 at 11:13A meeting of the International Financial Services Centres Authority was held on 11th Nov 2020. The IFSC Authority, after detailed deliberations, approved the International Financial Services Centres Authority (Banking) Regulations, 2020.
PM says that GST has reduced the tax net, and the tax rate in most goods and services has also come down
12 November 2020 at 11:13The Prime Minister remarked that along with the reduction of tax and simplicity in the process, the biggest reforms that have been done are related to the dignity of honest taxpayers, to protect them from trouble.
ICAI launches Global Management Development Program on World Accountant's Day
11 November 2020 at 10:34On World Accountant’s Day, ICAI has launched a Global Management Development Programme: Leadership Beyond Boundaries in line with the continuous thrust of the ICAI towards knowledge up-gradation and professional enrichment.
ICAI invites suggestions for improvement in the functioning of MCA-21 E-Governance Portal
11 November 2020 at 10:34The Institute of Chartered Accountants of India is inviting suggestions for improvement in the functioning of MCA-21 E-Governance Portal. The suggestions can be given up to 30th November 2020.
Govt releases the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020
11 November 2020 at 10:34The Central Government, on recommendations of the Council, has released the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020
MCA extends the date on applicability to defaulting LLP till 30th November 2020
10 November 2020 at 10:30In view of the large scale disruption caused by the COVID-19 pandemic and after due examination, MCA has decided to extend the date on applicability to defaulting LLP.
FM Smt. Nirmala Sitharaman attends 1st BRICS Finance Ministers and Central Bank Governors Meeting
10 November 2020 at 10:30Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 1st BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting under the BRICS Russian Chairmanship.
The 15th Finance Commission submits its Report for 2021-22 to 2025-26 to the President of India
10 November 2020 at 10:30The 15th Finance Commission led by Chairman Sh N K Singh submits its Report for 2021-22 to 2025-26 to the President of India
CBIC issues revised policy & guidelines for setting up of ICDs/CFSs/AFSs
09 November 2020 at 10:29CBIC has issued revised policy & guidelines for setting up of ICDs/CFSs/AFSs. New guidelines take into account the present capacity, future growth potential & regional imbalances; ensure uniformity, transparency & seamless approval process.
CBIC appoints Senior Nodal Officers in each Customs Zone to fast track Faceless Assessment
09 November 2020 at 10:26CBIC has appointed senior Nodal Officers in each Customs Zone to fast track Faceless Assessment. If required, importers may contact these Nodal Officers for faster clearance of their imports.
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