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Govt recapitalises banks by Rs 106,000 crore

   21 December 2018 at 10:56

Government moves to enhance bank recapitalisation outlay to Rs. 1,06,000 crore in the current financial year

Posted in Others |   3327 Views


Major intiatives and changes by MCA in 2018

   21 December 2018 at 10:56

Companies (Amendment)Act , 2017 enacted; Out of total 93 Sections , 92 Sections brought into force along with relevant Rules MCA proposes to introduce Companies (Amendment) Bill, 2018 to replace Companies (Amendment) Ordinance 2018 in the ongoing Wi

Posted in Corporate Law  4 comments |   4800 Views


Registration dates for Practical Training exam on Dec 30

   20 December 2018 at 11:11

Registration for Practical Training Assessment Test on December 30, 2018The next practical training assessment test is being scheduled on December 30, 2018. The students who have completed their 1st/ 2nd year of practical training during the second a

Posted in Exams |   3567 Views


Development of new return filing system by GSTN

   19 December 2018 at 11:25

GSTN will focus on the development of new return filing, further improving the user interface, and Business Intelligence and Analytics. While the new return is yet to be notified, GSTN has started development of the components in which major changes

Posted in GST |   15402 Views


Task force created to review Direct Tax legislation

   19 December 2018 at 11:25

The Government had constituted a Task Force to draft a New Direct Tax Law vide Officer Order in F.No. 370149/230/2017 dated 22.11.2017 under the Convenorship of Shri Arbind Modi, the then Member (Legislation), CBDT with original term of six months fo

Posted in Income Tax  1 comments |   6384 Views


MCA invites comments on changes in Companies Incorporation rules

   17 December 2018 at 16:49

Subject:- Amendments in the Companies (Incorporation) Rules, 2014 – reg. name availabilityNOTICE INVITING COMMENTSDraft amendment to rule 8 of the Companies (Incorporation) Rules, 2014 is attached as an Annexure-A to this notice.This amendment

Posted in Corporate Law  1 comments |   4080 Views


GST evasion of Rs 12766 cr detected this Financial Year

   17 December 2018 at 11:33

During the current financial year (between April 2018 to November 2018) 3196 cases involving an amount of Rs. 12766.85 Crore have been identified.Suspected GST Evasion amounting to Rs. 12766.85 has come to the light till the month of November, 2018.

Posted in GST  7 comments |   10842 Views


Direct and Indirect tax collected in last 4 years

   17 December 2018 at 11:33

The details of total Direct Tax and Indirect Tax collected over the last three years along with the different component-wise are as under:Direct Tax (Rs. in crore) Financial Year Corporation T

Posted in Income Tax |   3162 Views


Month wise GST collected from its inception

   17 December 2018 at 11:33

The month-wise gross collection of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess for FY 2017-18 and FY 2018-19 are as under: br> Month GST collection

Posted in GST |   4356 Views


E-return filing doubled in last 4 years

   17 December 2018 at 11:33

There has been a growth in the number of e-Returns filed by the individual taxpayers during the last four years.The number of income-tax returns filed and the annual growth rate during the last four financial years are as under: Financial

Posted in Income Tax |   2382 Views



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