News

The Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, started her Pre-Budget Consultations with different stakeholder Groups in connection with the forthcoming General Budget 2019-20 here today. Her second Meeting was with the stakeholder Groups from Industry, Trade and Ser..

GST Council Meeting going to be held on 20th June 2019 In the upcoming GST Council Meeting, the finance ministry might propose threshold limit of turnover Rs 50 crore for generating E-invoice on a centralized government portal for business-to-business (B2B) sales which might be beneficial for ent..

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)j  GOVERNMENT OF INDIA  MINISTRY OF CORPORATE AFFAIRS  NOTIFICATION  New Delhi, 7th June, 2019  G. S. R (E).- In exercise of the powers conferred by sub-sections (1) a..

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attends the G20 Finance Ministers and Central Bank Governors meeting and associated events and meetings during June 8-9, 2019 at Fukuoka, Japan Smt Sitharaman flags serious issues related to taxation and digital economy co..

A formal Memorandum of Understanding (MOU) was signed between the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) for data exchange between the two regulatory organizations here today. The MoU was signed by Shri K.V.R. Murty, Joint Secretary, MCA and Smt. Ma..

Review of Charges for RBI-operated Payment Systems The Reserve Bank levies minimum charges on banks for transactions routed through its Real Time Gross Settlement System (RTGS) meant for large-value instantaneous fund transfers and the National Electronic Funds Transfer (NEFT) System for other ..

RBI/2018-19/199 DBR.No.Ret.BC.44/12.01.001/2018-19 June 06, 2019 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.33/12.01.001/2018-19 dated April 04, 2019 on the captioned subject..

MINISTRY OF CORPORATE AFFAIRS  NOTIFICATION  New Delhi, the 30th May, 2019  G.S.R.390(E).- In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments to Schedu..

(TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA)  The Institute of Chartered Accountants of India  New Delhi- 110002  NOTIFICATION  (CHARTERED ACCOUNTANTS)  No.1-CA.(7)/191/2019  May 4, 2019  The Council of the Institute of the Charter..

Introduction to GST Audit Reference to the Central Goods and Services Act, 2017 (CGST Act, 2017), wherever stated, must be understood to mean and include the respective State Goods and Services Tax Act, 2017/ Union Territory Goods and Services Tax Act, 2017 (SGST Act, 2017 / UTGST Act, 2017) and ..