Investigations in cases of ‘Paradise Papers’ to be monitored through reconstituted Multi Agency GroupRevelations made today in the media under the name ‘Paradise Papers’ [based upon expose done by the International Consortium
Pursuant to revelations made by the International Consortium of Investigative Journalists (ICIJ), a Washington based organization in April 2016 about certain Indians having linkages with entities in offshore no tax/low tax jurisdictions, the Governme
Request for Expression of InterestRepresentation on Independent Evaluation Committee of IBAReserve Bank of India mandated that in respect of all borrowing arrangement exceeding Rs. 250 crores, an Independent Evaluation Committee (IEC) would carry out
As part of its continuous efforts for simplifying Incorporation related process for providing Ease of Doing Business to stakeholders, MCA will be dispensing with the requirement of separately uploading Forms 49 A& 49B after filing SPICe e-forms.A
An Alternative Mechanism for consolidation of the Public Sector Banks (PSBs) has been constituted under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley. The composition of the Alternative Mechanism will be a
General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017. The Government of India has announced that during the Financial Year 2017-18, accumulations at the credit o
Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Valuers ;. The Companies (Registered Valuers and Valuation) Rules, 2017, finalized after public consultat
Government of India receives vital information from 13 Banks regarding the bank account operations and post-demonetization transactions of some of the 2,09,032 suspicious companies that had been struck off the Register of Companies earlier this year;
Rates of Interest on the various Small Savings Schemes for the Third Quarter of the Current Financial Year 2017-18 starting from 1st October, 2017 to remain unchanged. The Government of India has decided that the rates of interest on the various Smal
Ministry of Finance releases India's 'External Debt: A Status Report 2016-17';India's External Debt stock stood at US$ 471.9 billion at end-March 2017, decreasing by US$ 13.1 billion (2.7 per cent) over the level at end-March 2016. The 23rdIssue