Notification No. FEMA.389/2018-RB, Dated: March 20, 2018 RBI has announced new regulation under foreign exchange management for regulation of Cross Border merger, amalgamation and arrangement between Indian companies and foreign companies. In exercise of the powers conferred by sub-section (3) of section (6) read with section 47 of the Foreign Read more…
Reference circular Number 39/13/2018-GST IT-Grievance Redressal Mechanism Today GST decided to put in place an IT-Grievance Redressal Mechanism to address the difficulties faced by a section of taxpayers owing to technical glitches on the GST portal and the relief that needs to be given to them. The relief could be in Read more…
GST Bills will deal with Central GST on supplies (Goods and services), Integrated GST for regulating transaction between two states, GST rules for union territory and rules for compensation that will issued by Central to respective states for loss of revenue due to implementation of GST.
As you are aware that Union finance minister Arun Jaitely presented Finance Budget 2017 on 1st January 2017 with some exciting announcements for Individuals and Industry. Below are the Important take away from the Union Budget 2017 for you ready reference. For Individual Reduces income tax rate from 10% Read more…
Live Update: Spring is a season of optimism’ says FM Jaitley as his opening words. The government is now seen as a trusted custodian of public money, I express gratitude to people for their strong support focus will be on energising youth to reap benefits of growth and employment We Read more…
Friends Export payments in India is generally governed by RBI and FEMA (Foreign Exchange Management Act) . Here we present consolidate guidelines from RBI updated till July 01, 2014 , which will help you to get answer to most common questions faced by you while dealing in foreign currency in Export transaction. Read more…