Documentation Identification Number (DIN) System

The Documentation Identification Number (DIN) system of Central Board of Indirect Taxes and Customs (CBIC) will come into existence from 8th November 2019. The step is aimed at bringing...

CBDT launched Documentation Identification Number

The Central Board of Direct Taxes (CBDT) has launched a computer-generated Document Identification Number (DIN) to ensure greater transparency and accountability in tax administration. Thus from now onwards, every...

Government Slashed the corporate tax rates

The government has slashed basic corporate tax rate to 22% from 30% while for new manufacturing companies it has been cut down to 15% from 25%. Over the past...

Govt urged Central Public Sector Enterprises to boost Capital Expenditure

Finance Ministry has urged Central Public Sector Enterprises (CPSEs) to boost their capital expenditure during the current FY 2019-20. A statement was issued after the meeting held between the Financial...

2% TDS on cash withdrawals of over Rs 1 crore to come into effect...

The Department of Revenue notified that 2% tax deduction at source (TDS) on cash withdrawals of over Rs 1 crore will come into effect from September 1, 2019. The...

biggest single-day fall of rupee recorded in 6 years

The biggest single-day fall of rupee has been recorded for the first time breaching the 70 level mark of Indian rupees since August 2013. The reasons for the downfall of...

NHB to provide Rs.10,000 cr liquidity infusion facility to HFCs

The housing sector regulator National Housing Bank (NHB) opened a liquidity infusion facility of Rs.10000 crore for Housing Finance Companies (HFCs) to improve liquidity in sector. The move is...

India sliped to 7th spot in Global GDP Rankings of 2018 : World bank

India has slipped down to the 7th place in the global GDP rankings of 2018, reveals data compiled by the World Bank. According to the 2017 World Bank report,...

New income tax rules with revised guidelines comes in effect

Revised guidelines of Income Tax and to make strict decision against tax invaders new Income Tax guidelines has came into effect from, June 17, 2019. These revised guidelines issued...

Government launched Project SPARROW for CBIC officers for over 400 formations of CBIC across...

The Central Board of Indirect Taxes and Customs (CBIC) notified that for better human resource management, it will conduct annual performance appraisal report (APARs) of over 46,000 Group B...

Follow Us

8,890FansLike
2,458FollowersFollow
0SubscribersSubscribe

Recent Posts