MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 19th January, 2018G.S.R. 44(E).�In exercise of the powers conferred by sub-section (1) of Section 139B of the Income-tax Act, 1961 (43 of 1961),
RBI/2017-18/120DGBA.GBD.1781/15.02.005/2017-18All Agency Banks handling Small Saving SchemesDear SirInterest rates for Small Savings SchemesPlease refer to our circular DGBA.GBD.954/15.02.005/2017-18 dated October 12, 2017 on the above subject. The G
ICAI views on recent order issued by SEBI-Satyam caseWith regards to Sebi order in the Satyam case, we would like to inform that The Institute of Chartered Accountants of India was the first to be off the blocks when the Satyam matter broke out in Ja
Finding PwC guilty in the 9-year-oldSatyam scam, SEBI has banned PwC and its network entities from issuing audit certificates to any listed company in India for two years.This is said to be one of the most stringent orders passed by any regulator aga
Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 seeks to protect and enhance the depositors’ existing rights and bring in a comprehensive and efficient resolution regime for financial firms.Rationale for the Financial Resolution an
Cabinet approves subsidizing MDR charges on debit card/BHIM UPI/AePS transactions of value less than Rs.2000 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved that the Merchant Discount Rate (MDR) applicable on all debit car
Knowledge of the Banking Industry1.01 The banking industry is the backbone of any economy as it is essential for sustainable socio-economicgrowth and financial statements in the economy. There are different types of banking institutions prevailing in
Provisions of the Financial Resolution and Deposit Insurance Bill, 2017 meant to protect interests of depositors The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill), introduced in the Lok Sabha on August 10, 2017, is presently under
FM: Ask the officers of the Directorate of Revenue Intelligence (DRI) to keep pace with technology and use the latest technological tools such as data analytics in fighting the menace of smuggling of sensitive contraband items such as gold and narcot
Highlights of the foreign trade policy 2015-2020
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