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Vivad se Vishwas Scheme: No Additional 10% Amount If Payment made by June 30, says FM

The Finance Minister Nirmala Sitharaman has announced that, under Vivad se Vishwas Scheme, there will not be additional 10% amount if the payment is done by June 30th, 2020. The Finance Minister also...

Vivad se Vishwas Scheme: No Additional 10% Amount If Payment made by June 30, says FM
Taxscan Team

Finance Minister reaches out to Chartered Accountants for promoting Vivad se Vishwas Scheme

The Institute of Chartered Accountants of India (ICAI) has always supported various initiatives & schemes launched by the Government for the benefit of stakeholders & the public at large. In...

Vivad se Vishwas - Finance Minister - Chartered Accountants - Taxscan
Taxscan Team

Yes Bank Crisis: Withdrawal limit capped at INR 50k after RBI’s Action [Read Notification]

The Reserve Bank of India (RBI), in the worrying scenario of Yes Bank depositors, issued directions to the Yes Bank pertaining to the capped the withdrawal limit at INR 50,000/-. The Reserve Bank of...

Yes Bank Crisis: Withdrawal limit capped at INR 50k after RBI’s Action [Read Notification]
Taxscan Team

Finance Commission to hold meeting with Finance Ministers of all States

The Finance Commission will hold a consultation meeting with the Finance Ministers of all States on 13th March 2020 in New Delhi.  This is to discuss issues related to the final report of the Finance...

Finance Commission Committee - Fifteenth Finance Commission - Finance Commission -Taxscan
Taxscan Team

India’s GST Council having problems Figuring out Gaming Taxes

India’s GST (Goods & Services Tax) Councils practically rewrote the tax code a few months prior without actually changing anything. It decided to just translate it to the current language and, as...

Gaming Taxes - Taxscan
Taxscan Team

West Bengal Budget proposes Amnesty Scheme to settle Pre-GST Dues

The West Bengal State Budget 2020 has proposed an Amnesty Scheme to collect disputed taxes prior to the GST — under VAT, central sales tax and entry tax. West Bengal finance minister Amit Mitra in...

West Bengal Budget proposes Amnesty Scheme to settle Pre-GST Dues
Taxscan Team

Kerala Budget 2020: Tax Rates of Motor Vehicle and Land Hiked

The Finance Minister of Kerala, TM Thomas Isaac has proposed the budget for the year 2020-21. The significant announcement made by the Kerala government was that it raised the tax rates of motor...

Kerala Budget 2020 - Finance Minister - Thomas Issac - Tax Rates of Motor Vehicles - Taxscan
Taxscan Team

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