The Government constitutes a Steering Committee on Fintech related issues to consider various issues relating to development of Fintech space in India with a view to make Fintech related regulations more flexible and generate enhanced entrepreneurshi
01-March-2018 18:55 ISTPress Information BureauGovernment of IndiaMinistry of FinanceCabinet approves Fugitive Economic Offenders Bill, 2018Offences worth Rs.100 crore or more under the Bill Property of Fugitive Economic Offenders to be attachedThe U
As per framework of governance, standard setting and disciplinary mechanism prescribed in the Chartered Accountants Act, 1949, a strong public interest oversight mechanism is inherent in ICAI structure since 8 Central Council Members on the Central C
The attention of Institute of Chartered Accountants of India (ICAI) has been drawn to various media reports highlighting the irregularity happened in Punjab National Bank (PNB) revealing that the Bank has detected a $1.77 billion (about Rs.11,400 cro
Union Minister of Railways Mr. Piyush Goyal today said that Budget 2018-19 proposals were aimed at removing the structural impediments to attain long term growth, a budget that rises above populism and puts a premium on honest investment towards buil
Government of India makes Amendments in Small Savings Act; Proposes merger of Government Savings Certificates Act, 1959 and Public Provident Fund Act, 1968 with the Government Savings Banks Act, 1873; All existing protections have been retained while
The provisional figures of Direct Tax collections up to January, 2018 show that net collections are at Rs.6.95 lakh crore which is 19.3% higher than the net collections for the corresponding period of last year. The net Direct Tax collections represe
21 FAQs on taxation of long-term capital gains proposed in Finance Bill, 2018
In one of the Budget documents of the Union Budget 2018-19,“Budget at a glance” under the title ‘Expenditure on Government of India’, an expenditure of Rs.77,747 crore and Rs.10,5541 crore has been shown against the item &ld
DIRECT TAXESA. RATES OF INCOME-TAXI. Rates of income-tax in respect of income liable to tax for the assessment year 2018-19.In respect of income of all categories of assessees liable to tax for the assessment year 2018-19, the rates of income-tax hav