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DOWNLOAD THE FINANCE (NO.2) BILL, 2019
THE FINANCE (NO.2) BILL, 2019
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Debt recovery mechanism strengthened with enactment of IBC, 2016
Ministry of FinanceDebt recovery mechanism strengthened with the enactment of Insolvency and Bankruptcy Code (IBC), 2016Claims worth over Rs.1,73,000 crore settledNational Companies Law Tribunals bein...
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Key Highlights of Economic Survey 2018-19
Ministry of FinanceKey Highlights of Economic Survey 2018-19Posted On: 04 JUL 2019The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in th...
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Economic Survey Calls for a Sustained 8% Growth Rate for India
Ministry of FinanceEconomic Survey Calls for a Sustained 8% Growth Rate for India to Become a USD 5 Trillion Economy by 2024-25.Economic Survey States “India’s Economy has Performed Well During Last 5...
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Economy expected to grow at 6.8 per cent in 2018-19
Ministry of FinanceEconomic Survey 2018-19: General Government (Centre plus States) has been on the path of fiscal consolidation.Fiscal Deficit of 3% of GDP by FY2020-21 & Central Government debt to 4...
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Summary of Various GST Returns & Due dates in July 2019
10 JULY 2019 – GSTR 8 TDS & TCS Return under GST11 JULY 2019- GSTR-1 for June’19 (Monthly Return) Fot Taxpayer having turnover of more than Rs 1.50 Cr or or opted to file monthly Return13 JULY 2019- G...
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FAQs on Companies Act, 2013- ICAI e-book
FREQUENTLY ASKED QUESTIONS ON THE COMPANIES ACT, 2013 (Revised July, 2019 Edition)To keep the members abreast of the frequent developments and also to develop their understanding about the intricacies...
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Guidance Note on Division II-Ind As Schedule III to Companies Act, 2013
ICAI GUIDANCE NOTE ON DIVISION II-INDAS SCHEDULE III TO THE COMPANIES ACT, 2013 (Revised July 2019 Edition)The Government is bringing out several changes in the Companies Act, 2013 from time to time t...
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Guidance Note on Division I-Non Ind as Schedule III to Companies Act, 2013
ICAI GUIDANCE NOTE ON DIVISION I-NON IND AS SCHEDULE III TO THE COMPANIES ACT, 2013(Revised July 2019 Edition)The Division I to the Schedule III of the Companies Act, 2013 lays down the format for pre...
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Tax on off-shore investments routed through Alternate Investment Fund
CBDT clarification on taxability of income earned by a non-resident investor from off-shore investments routed through an Alternate Investment Fund vide Circular No. 14/2019 dated 03rd July 2019.Circu...
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Important Judgment on Credit Card Interest and interest for delay by builder
INEQUITABLE AGREEMENTMy builder forced me to pay ‘Penal interest’. But, he does not pay any compensation for delayed completion. What to do?As per the agreement, if the Builder abandons the whole or p...
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Economic Survey recommends Investment in Well-Functioning Legal System
Ministry of FinanceEconomic Survey recommends Investment in Well-Functioning Legal System, given its Potential Economic and Social Multiplier EffectPosted On: 04 JUL 2019The Union Minister for Finance...
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Issue of Fake Insurance Policies increases in FY 2018-19
Fake Insurance PoliciesThe Insurance Regulatory and Development Authority of India (IRDAI) has informed that as per the information provided by various insurers, the year-wise break-up of fake motor p...
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Salient features of Model Education Loan Scheme
Interest on Education LoansAll Scheduled Commercial Banks provide Education Loan to students. IBA has formulated and circulated to all member banks a ‘Model Education Loan Scheme’ for providing financ...
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Promotion of Cashless Transactions
As per Reserve Bank of India (RBI) guidelines, banks issue debit cards to customers in accordance with their Board approved policy.As per Reserve Bank of India’s (RBI’s) Master Direction on Know Your...
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Steps taken to expedite and enable resolution of NPAs and recovery
NPA accountsIn terms of Reserve Bank of India (RBI)’s master circular dated 1.7.2015 on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances, an asset b...
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Amendments to IFRS 17, Insurance Contracts
IntroductionIn this Exposure Draft, the International Accounting Standards Board (Board) proposes targeted amendments to IFRS 17 Insurance Contracts, issued in May 2017 to respond to concerns and chal...
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GST Annual Returns and Reconciliation Statement-12 Issues clarified
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsPress Release Clarification regarding Annual Returns and Reconciliation Statement The Government h...
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Last date of filling up Form NFRA-1 will be 31.07.2019- NFRA
It is intimated that NFRA-1 Form for intimation of appointment of Auditors to NFRA has been deployed on the website of NFRA (nfra.gov.in) and accordingly the last date of filing the same by the Entiti...