The Ministry of Financehas, on Monday announced that the UAE will introduce a federal corporate tax on business profits that will be effective for financial years starting on or after 1st June 2023. Businesses will
One of the most hated annual jobs of most working people is filing income taxes. And with the Ministry of Finance bringing out new additions and exemptions in the Union Budget in each financial year,
The Securities and Exchange Board of India ( SEBI ) has decided to introduce a Settlement Scheme for 150 Stock Brokers, 2022 for Stock Brokers against whom enforcement proceedings have been approved/initiated and are pending
The Ministry of Finance has made an announcement that the Increased TCS (Tax Collection at Source ) rate will apply only from 1st October 2023. The new changes were scheduled to be implemented on 1st
The Ministry of Finance has notified the IIPDF Scheme for Financial Support for Project Development Expenses of PPP Projects. The provision of quality infrastructure is critical to attaining a higher growth trajectory for the economy
The National Financial Reporting Authority (NFRA) held a meeting to examine the proposals received from the Institute of Chartered Accountants of India (ICAI), as required u/s 133 of the Companies Act, 2013), regarding a new
The Ministry of Finance, through notification no. 02/2023-NARCOTICS CONTROL-I G.S.R. 666(E) dated September 13, 2023, has released the general conditions for the issuance of licenses to cultivate opium poppy to obtain opium gum during the
The Ministry of Finance has notified the applicability of the Insurance Act on the newly notified International Financial Services Centre (IFSC) and Special Economic Zone (SEZ). As per the notification issued on Monday, the provisions
The Central Board of Indirect Taxes & Customs ( CBIC ), under the Ministry of Finance, vide notification no. 25/2204-CUSTOMS (N.T.) has notified the amendment in tariff value of crude palm oil, Gold, Silver and Areca Nuts
In response to an unstarred question posed by Smt. Phulo Devi Netam in the Rajya Sabha, the Ministry of Finance, Department of Revenue, Shri. Pankaj Chaudhary has disclosed key information regarding the linking of PAN
The FInance Ministry has recently issued an advisory to Government Officials on communication security to prevent violation of information security instructions as provided by the Manual of Departmental Security Instructions (MoDSI) and the National Information
In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to
Central Board of Direct Taxes (CBDT) today issued Clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response. The Central Board of Direct Taxes had earlier instructed that specified persons are required to
The Central Government has, through a notification in the official gazette, struck off the export duty on Rice of seed quality in the husk (paddy or rough). The exemption notification stated that, In exercise of
The Ministry of Finance today in a press release has denied any colloboration with the UK based note printing company. There have been reports in sections of media stating that the Union Government has compromised