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May 14 2020

Special Liquidity Scheme: Announcement by FM to Support...

Out of the Prime Minister's Atmanirbhar Bharat economic package of Rs. 20 trillion announced on 12th May 2020 to deal with economic stress caused due to Co...

MCA Relaxation on holding of AGM amidst Covid-19

Overview In a massive relief to the companies, the Ministry of Corporate Affairs (MCA) vide general circular No. 18/2020 eased rules on holding Annual Gene...

Apr 23 2020

CBDT Clarifies Issues Related to Challenges Regarding I...

The Department issues circulars to provide any clarifications to a large number of people regarding the decisions taken or to communicate the decisions mad...

Investment by Non Residents in Government Securities th...

The Finance Minister, Mrs. Nirmala Sitharaman, with the announcement of the Union Budget on 01 February 2020, brought out various benefits for Non Resident...

Apr 20 2020

A Comprehensive Synopsis of New TCS Provisions with Eff...

Finance Bill, 2020 has inserted a new TCS provision Section 206 (1H) of the Income Tax Act, 1961, to charge TCS on sale of goods, which was to be effective...

Apr 19 2020

COVID-19 Startup Assistance Scheme (‘CSAS’)...

The COVID-19 pandemic is impacting individuals, families, businesses and communities globally. The countries affected, including India, are in a state of l...

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Passing of Ordinary & Special Resolution clarified...

The issues are examined considering the overall situation of the present situation. As a result, the (MCA) Ministry of Corporate Affairs has issued the Cir...

Income Tax Updates –Deciphering, News, Information, N...

The current FY 2019-2020 closed on March 31 as usual, and the new financial year 2020-21started from April 1, 2020. The Government on analysing the lockdow...

Apr 08 2020

An Exhaustive List of GST Notifications Issued: Extensi...

The Department of Revenue under the Ministry of Finance issues notifications from time to time to keep the concerned people updated regarding changes made...

Overview of Liberalised Remittance Scheme in India

Before Liberalised Remittance Scheme in India, permission had to be compulsorily taken from the RBI to send money abroad, which took a lot of time and form...

Apr 02 2020

Tax Saving investment date increased to 30th June from...

Various deadlines related to Income Tax which was to end on 31st March have now been extended to 30th June, giving respite to the taxpayers. Finance Minist...

A Brief Overview on Companies Fresh Start Scheme, 2020...

Introduction The Ministry of Corporate Affairs introduced the Companies Fresh Start Scheme, 2020 on 30th March 2020 vide it's general Circular 12/2020. Thi...

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