The Reserve Bank of India will shortly put into circulation ₹ 5 coins minted by the Government of India to commemorate the Golden Jubilee of Indo-Pak war 1965. The design of the coins has: On the obverse: The Lion Capital of Ashoka Pillar in the center with the legend “सत्यमेव जयते” inscribed below,…
The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act’) has introduced a tax compliance provision under Chapter-VI of the Act. The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 (the Rules) were notified vide Notification no. G.S.R. 529 (E) dated 2nd July,…
Instruction No 9/2015 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, IT (A-II) Division New-Delhi, dated the 2nd of September, 2015 Subject: Report on applicability of Minimum Alternate Tax (MAT) on FIIs/FPIs for the period prior to 01.04.2015 and acceptance of the Government thereof- rep.…
As per the announcement made by the Union Finance Minister Shri Arun Jaitley during his Budget Speech while presenting the General Budget 2015-16, The Finance Minister had proposed to merge the Forwards Markets Commission (FMC) with SEBI to strengthen the regulation of Commodity Forward Markets. Now the Central Govt. has issued notification and appointed the…