SUKANYA SAMRIDDHI ACCOUNT RULES, 2016 – AN OVERVIEW The Government Savings Banks Act, 1873 is an act dealing with the Government Savings Banks. Section 15 of the said Act gives powers to the Central Government to make rules for the purposes of carrying out the provisions of the said Act.
Income Declaration Scheme, 2016 – extension of last date are desirable The IDS has been enacted vide Chapter IX of the Finance Act, 2016 containing sections 181-199. IDS Rules have been framed. There have been large number of clarifications by way of notifications, circulars and series of FAQ. The last circular seems to be issued […]
GST Impact on manufacturing and trading process As we all know Model law of GST has become law and bill has been passed in Rajya Sabha and expected to get effective from 01.04.2017. here is given an overview on impact of GST on manufacture and Trader due to change in Indirect tax structure.
WhatsApp to washout user data once the app is uninstalled – Delhi HC Order The Internet Freedom Foundation, which advocates a free and open Internet, hailed the Delhi High Court’s decision, and called for a strong privacy mechanism to be put in place.
Sebi stricts on norms of promoter-private equity side deals The SEBI stricts on corporate governance norms on compensation agreements between promoters and private equity (PE) funds so that they wouldn’t cut other shareholders out of the loop and allowed foreign portfolio investors to invest directly in corporate bonds without a broker.