Key Highlights of Press Conf. by Hon’ble FM

Income Tax   Last date for income tax returns for (FY 18-19) extended from 31stMarch, 2020 to 30thJune, 2020. Aadhaar-PAN linking date to be extended from 31stMarch, 2020 to 30th June, 2020. Vivad se Vishwas scheme– no additional 10% amount, if payment made by June 30, 2020. Due dates for  issue  of notice, intimation, notification, approval […]

DEMONETIZATION SCHEME

#DEMONETIZATION_SCHEME   On 8th of November, 2016 (herein after referred to as ‘specified date’) at approximately 8pm, Hon’ble Prime Minister Mr. Narendra Modi has announced the demonetization scheme (Herein after referred to as ‘the scheme’) for the high denomination bank note of Rs. 500 and Rs. 1000 i.e. withdrawal of legal tender of the Rs. 500 and[…..]

FDI IN INSURANCE SECTOR

It seems that the government’s floor managers, led by Hon’ble Finance Minister Arun Jaitley, have reached out to Opposition parties for securing their support for passing bills to replace various ordinances, issued by the government recently, in the budget session of Parliament that begins on February 23.The 49 per cent cap would include both FDI[…..]