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All posts by: Arti Agarwal

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Dec 12, 2017
by in Budget

India a global hub for electronics manufacturing – 6th Pre-Budget Consultation Meeting

The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that to promote indigenous manufacturing of electronic goods, many steps have been taken by the present Government in last three years including rationalization of the tariff structure with extension of differential excise duty dispensation on specified electronic equipments and withdrawal of duty exemption etc. The […]

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Dec 11, 2017
by in Latest Update

The Insolvency and Bankruptcy Board of India (IBBI) notifies Regulations for handling of Grievances and Complaints

The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 in the Gazette of India on 7th December, 2017. The Regulations enable a Stakeholder, namely, debtor, creditor, claimant, service provider, resolution applicant or any other person having an interest in an insolvency resolution, liquidation, voluntary liquidation or bankruptcy […]

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Dec 11, 2017
by in Latest Update

Direct Tax Collections for Financial Year 2017-18 show Growth of 14.4% upto November, 2017

The provisional figures of Direct Tax collections up to November, 2017 show that net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net collections for the corresponding period of last year. The Net Direct Tax collections represent 49% of the total Budget Estimates of Direct Taxes for the Financial Year. 2017-18 (Rs. 9.8 lakh crore).  Gross […]

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Dec 10, 2017
by in Latest Update

Dri Strikes Against Black Money – Recovers about Rs.50 Crores of Demonetized Currency

Sleuths of the Directorate of Revenue Intelligence (DRI), a pioneer Intelligence Agency of the Government of India, zeroed in on an office premises at Bharuch in Gujarat State and recovered about Rs. 48.91 crores of demonetised currency in Rs. 500 and Rs.1,000 denomination currency notes. Acting on the specific intelligence, the officers of DRI, Surat,  […]

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Dec 09, 2017
by in Latest Update

Mr. N K Singh, Chairman, 15th Finance Commission calls on the Governor, Reserve Bank of India (RBI), Dr. Urjit Patel in Mumbai today; Both discussed the technical and other assistance which the RBI could give enabling the Commission to discharge its wide ranging Terms of Reference.

Mr. N K Singh, Chairman, 15th Finance Commission called on the Governor, Reserve Bank of India (RBI), Dr. Urjit Patel in Mumbai today. During the course of the discussions, they discussed the technical and other assistance which the RBI could give enabling the Commission to discharge its wide ranging Terms of Reference. The RBI has […]

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Dec 09, 2017
by in Latest Update

Public Procurement Portal for MSEs – MSME Sambandh

A Public Procurement Portal ‘MSME Sambandh’ was launched by Shri Giriraj Singh, Minister of State (Independent Charge) for MSME, here today. The objective of the portal is to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises. peaking on the occasion, Shri Giriraj Singh said that MSME is not given […]

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Dec 08, 2017
by in Latest Update

Aadhaar card linking with PAN card last date extends to 31st March, 2018

Just one day after the government of India told the Supreme Court that it will extend the deadline for mandatory linking of Aadhaar card to avail various services and welfare schemes, Centre has indeed extended the last date to link Aadhaar card with PAN card to 31st March 2018. This announcement comes just one day […]

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Dec 08, 2017
by in Latest Update

GST return filing dates: Check all deadlines before 31st December; hurry, just 20 days left!

The deadline for filing some of the GST returns is just 22 days away. First of all filing of return is mandatory under the GST, even if there is nil return, it should be filed as nil. Here are details of returns that are facing the December deadline. The deadline for filing some of the […]

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Dec 08, 2017
by in Latest Update

Urjit Patel on bank recapitalisation: Plan will be differentiated across banks

State-run banks with a well-managed balance sheet will get priority in the central government’s recapitalisation programme, the Reserve Bank of India’s (RBI) governor Urjit Patel said on Wednesday, while announcing the central bank’s monetary policy decision. “As announced by the government, the plan will be differentiated across banks. In particular, recapitalisation bonds will be front-loaded […]

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Dec 08, 2017
by in Budget

Benefit of filing Quarterly return under GST may be extended to all rather than limiting to those with a turnover of Rs.1.5 crore

 The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley asked business leaders for making investments in infrastructure sector to build a stronger India. The Finance Minister said that private investment along with public and foreign investment are the key to boost growth and create job opportunities. The Finance Minister, Shri Arun Jaitley was making […]

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