Seeks to amend exemption notification No. 25/2012-ST dated 20.06.2012 so as to exempt services by an acquiring bank, to any person in relation to settlement of an amount upto two thousand rupees in a single transaction transacted through credit card, debit card, charge card or other payment card service [TO BE PUBLISHED IN THE GAZETTE… Read More »
Steps for Migration of Chandigarh VAT dealers to GSTN portal CHANDIGARH ADMINISTRATION EXCISE AND TAXATION DEPARTMENT No. 3402 Dated 05.12.2016 CIRCULAR Subject: Migration of existing dealers to GST portal-Reg. 1. The Government of India is in the process of implementing Goods and Services Tax (GST) on pan India basis. As a precursor to the introduction… Read More »
Migration of Punjab VAT dealers to GSTN portal Steps for Migration of Punjab VAT dealers to GST In light of this, every dealer will be required to login to the GST Portal i.e www.gst.gov.in from 16th December, 2016 onwards. This facility is available till 31st December, 2016. Provisional Login Ids and Passwords will be provided by… Read More »
SBI No Queue App : Download Now with the new SBI No Queue App of State Bank of India you can generate an E-Token for your request. This will help you save the time you spend waiting in the queue at the branches. In this video we will show the process of Downloading the application… Read More »
Digital Payment Incentive Scheme
Press Information Bureau Government of India Ministry of Finance 11-December-2016 16:56 IST The Ministry of Finance through a letter to all the MDs &CEOs/CMDs of PSBs and Chairman, IBA directs that all the bank branches in the country be alerted to reflect correctly the cash deposit in old and new currency and inform the customers… Read More »
Section – 54 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Dissolution of corporate debtor. 54. (1) Where the assets of the corporate debtor have been completely liquidated, the liquidator shall make an application to the Adjudicating Authority for the dissolution of such… Read More »
Section – 53 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Distribution of assets. 53. (1) Notwithstanding anything to the contrary contained in any law enacted by the Parliament or any State Legislature for the time being in force, the proceeds from the… Read More »
Section – 52 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Secured creditor in liquidation proceedings. 52. (1) A secured creditor in the liquidation proceedings may— (a) relinquish its security interest to the liquidation estate and receive proceeds from the sale of assets… Read More »
Section – 51 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Orders of Adjudicating Authority in respect of extortionate credit transactions. 51. Where the Adjudicating Authority after examining the application made under sub-section (1) of section 50 is satisfied that the terms of… Read More »