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Alleged Contraventions of FEMA Provisions: ED issues SCN to Think & Learn Pvt Ltd and Byju Raveendran
The Directorate of Enforcement (ED) has issued Show Cause Notices (SCN) to Byju Raveendran, Founder of Byju’s and Think and Learn Pvt Ltd for alleged...
Finance Ministry notifies Foreign Exchange Management (Non- debt Instruments) (Second Amendment) Rules, 2020 [Read Notification]
The Ministry of Finance issued a notification on Monday, to amend the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and the amendment came to be known as the Foreign Exchange...
![Finance Ministry notifies Foreign Exchange Management (Non- debt Instruments) (Second Amendment) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/Foreign-Exchange.jpg "Finance Ministry notifies Foreign Exchange Management (Non- debt Instruments) (Second Amendment) Rules, 2020 [Read Notification]")
Searches conducted by the Income Tax Departments lead to detection of unaccounted income of more than Rs. 2000 cr
The Income Tax Departments carried out Search and Seizure action on 6th February 2020 at Hyderabad, Vijaywada, Cuddapah, Vishakhapatnam, Delhi, and Pune. More than 40 premises were covered. The...
India’s Share in World’s Commercial Services Exports Rise to 3.5 Per Cent in 2018: Economic Survey 2019-20
Growing in its significance, the Services Sector accounted for about 55 per cent of the economy and Gross Value Added (GVA) growth, two-thirds of total FDI inflows into India and about 38percent of...
