Daily Archives: March 1, 2019

Storage of Notes and Coins in Currency chest of Banks : RBI guidelines

By | March 1, 2019

RBI/2018-19/133DCM (Plg.) No.2128/10.25.007/2018-19 February 28, 2019 The Chief Executive Officer/ Chairman/Managing Director All Banks having Currency Chests. Madam/ Sir, Storage of Notes and Coins As stated in para 15 of the monetary policy statement of October 04, 2016, the Bank had constituted a Committee on Currency Movement (CCM) [Chair: Shri D.K. Mohanty, Executive Director] to review the… Read More »

GST Revenue collection of Rs 97,247 crore for February 2019

By | March 1, 2019

Ministry of Finance Total GST Revenue collection of₹ 97,247 crore for the month of February 2019  Posted On: 01 MAR 2019 Total gross GST revenue collected in the month of February, 2019 is ₹ 97,247 crore of which CGST is ₹ 17,626crore, SGST is ₹ 24,192crore, IGST is ₹ 46,953crore (including ₹ 21,384crore collected on imports) and Cess is ₹ 8,476 crore (including ₹ 910crore collected on imports).… Read More »

CBDT notified Nodal Officer for PM-KISAN to identify eligible beneficiaries

By | March 1, 2019

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 27th February, 2019 S.O. 1065(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act, 1961, the Central Government hereby specifies Nodal Officer, Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) of all State Governments… Read More »

Highest GST Rate on Mixed Supply of service to the students for lodging along with food : AAR

By | March 1, 2019

Whether service to the students for lodging along with food is a composite supply within the meaning of section 2(30) of the GST The Applicant is offering several individual services in two different combinations to the recipients, depending upon their need for lodging facility. None of the combinations of services being offered is a composite… Read More »

Cabinet approves promulgation of Aadhaar and Other Laws (Amendment) Ordinance 2019

By | March 1, 2019

Cabinet Cabinet approves promulgation of Aadhaar and Other Laws (Amendment) Ordinance, 2019  Posted On: 28 FEB 2019 The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved the promulgation of an Ordinance to make amendments to the Aadhaar Act 2016, Prevention of Money Laundering Act 2005 & Indian Telegraph Act 1885. The amendments… Read More »

Govt approved National Policy on Software Products 2019

By | March 1, 2019

Cabinet Cabinet approves National Policy on Software Products – 2019 Posted On: 28 FEB 2019 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the National Policy on Software Products – 2019 to develop India as a Software Product Nation. Major impact The Software product ecosystem is characterized by innovations, Intellectual… Read More »

PM-KISAN : Aadhaar Seeding and Matching Condition relaxed

By | March 1, 2019

Cabinet Cabinet approves Pradhan Mantri KIsanSAmmanNidhi (PM-KISAN) Scheme Posted On: 28 FEB 2019 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved a new Central Sector Scheme, namely, the Pradhan Mantri KIsanSAmmanNidhi (PM-KISAN) Scheme, seeking to provide income support to all Small and Marginal landholder farmers’ families with cultivable land holding… Read More »

eForm INC 22A ACTIVE : DOWNLOAD

By | March 1, 2019

eForm INC-22A -ACTIVE (Active Company Tagging Identities andVerification) is available on MCA21 Company Forms Download pagefor filing purposes. Stakeholders may plan accordingly Description e-Form with Instruction kit e-Form Form Version updated on Active Company Tagging Identities and Verification (ACTIVE) Form INC-22A [zip] (837 KB) Form INC-22A [zip] (219 KB) 27-Feb-2019 Related post File E-Form ACTIVE… Read More »

Date Extended for Task Force for drafting New Direct Tax Legislation till 31.05.2019

By | March 1, 2019

Task Force for drafting a New Direct Tax Legislation-Extension of term The tax force, headed by Central Board of Direct Taxes member Akhilesh Ranjan, was asked to submit its suggestions to the government by Feb. 28, 2019. Now the date has been extended to 31.05.2019 Task Force for drafting a New Direct Tax Legislation-Extension of… Read More »