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CBDT amends Procedures for Filing Tax u/s 115BAB by New Manufacturing Companies [Read Notification]

The Central Board of Direct Taxes ( CBDT ) has notified new additions to the methods and procedures followed by new manufacturing companies for filing...

CBDT notifies Amendment to Procedures for Filing Tax U/s 115BAA by Domestic Companies [Read...

ICSI reduces Annual Membership Fee for Physically Challenged Members [Read Notification]

ICSI allows Members to Form Multi-Disciplinary Firm [Read Notification]

MCA simplifies process for Incorporation of Companies, notifies New Forms ‘SPICe+’ and ‘AGILE-PRO’

ICSI notifies New Expanded definition of ‘Register of Members’ [Read Notification]

The Institute of Company Secretaries India (ICSI) has notified an amendment to the company secretaries regulations in section 3 where the predominance of the register of members has been elaborated. ...

MCA notifies New Fee for Takeover Application under Companies (Compromises, Arrangements and Amalgamation) Amendment Rule, 2020: MCA [Read Notification]

K.V.R Murty, Joint Secretary to the government of India Ministry of Corporate Affairs(MCA), issued a notification on February 3, 2020, introduced the Companies (Compromises, Arrangements, and...

Budget 2020 proposes to Exempt Levy of Stamp Duty on Transactions in Stock Exchanges established in IFSC

On presenting Budget 2020, finance minister proposes to exempt levy of stamp duty on transactions in stock exchanges established in International Financial Services Centre(IFSC). This provision will...

Italy Passes New Value-Added Tax Measures

The Italy Government has passed the New Value Added Tax (VAT) Measures. VAT measures which include: Postponement of VAT rate increase: Standard VAT of 22% and reduced VAT rate of 4%, 5% and...

Italy COVID-19 - Italy tax - VAT Rate Increases - Measures - EU - Reverse Charge - Taxscan

Bhutan Mandates Regional Tourists to Pay Sustainable Development Fee

Bhutan’s Finance Minister Namgay Tshering issued a bill at the National Assembly amending the Tourism Levy Exemption Act 2018 that made it mandatory for all tourists visiting Bhutan from the...

Bhutan - Tourists - Development Fee - Taxscan

IBBI amends Voluntary Liquidation Process Regulations, 2017 [Read Notification]

The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (IBBI) ( Voluntary Liquidation Process ) (Amendment) Regulations, 2020 on 15th January....

GST: Anti-profiteering Penalty to be shared by Centre & States

In a recent amendment to the Central Goods and Services Tax (CGST) Rules, 2017, the Central Government has decided to share the amount received as penalty from the amount deposited by erring...

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