Daily Archives: September 1, 2018

Negotiable Instrument (Amendment) Act, 2018 provisions effective from 01.09.2018

By | September 1, 2018

The Central Government has appointed the September 01, 2018 as the date on which the provisions of the Negotiable Instrument (Amendment) Act, 2018 shall come into force. MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 16th August, 2018 S.O. 3995(E).––In exercise of the powers conferred by sub-section (2) of section 1 of… Read More »

Foreign Investment in India -Reporting in Single Master Form

By | September 1, 2018

RBI/2017-18/194 A.P (DIR Series) Circular No.30 June 07, 2018 To All Category – I Authorised Dealer Banks Madam/Sir Foreign Investment in India -Reporting in Single Master Form As announced in the First Bi-monthly Monetary Policy Review dated April 5, 2018, Reserve Bank, with the objective of integrating the extant reporting structures of various types of foreign… Read More »

Category: RBI

Doorstep Banking by India Post Payment Bank (IPPB)

By | September 1, 2018

Doorstep Banking by India Post Payment Bank (IPPB) Doorstep Banking IPPB gives you the opportunity to enjoy banking facilities at your home with Doorstep banking services. Now you won’t have to leave the comfort of your home for your routine banking transactions. Our wide network of post offices and postal employees will make banking accessible… Read More »

India Post Payments Bank Helpline Number

By | September 1, 2018

India Post Payments Bank Helpline Number India Post Payments Bank Helpline Number launched on 01.09.2018 Call toll free number 155299 Call: 1800-180-5299 (Existing Ranchi & Raipur Customers) Call: 155299 or 1800-180-7980 (For Rest of India Customers) Email to us at contact@ippbonline.in Visit nearest Branch / Access Point Locate Us click here

India Post Payments Bank w.e.f 01.09.2018

By | September 1, 2018

Prime Minister’s Office PM to launch India Post Payments Bank on Saturday, 1st September Posted On: 31 AUG 2018 11:40AM by PIB Delhi The Prime Minister, Shri Narendra Modi, will launch the India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi on September 1st, 2018. IPPB has been envisioned as an accessible, affordable… Read More »

State GST Officer can do Enforcement action against tax payers allotted to Central Tax Authorities

By | September 1, 2018

State Govt power under GST to take enforcement action if Taxpayer allotted to Center Govt     Refer Andhra Pradesh Govt Circular    Office of the Chief Commissioner of State Tax Eedupugallu, Vijayawada. CIRCULAR   CCT’s Ref. No. CCW/GST/74/2015             Date :-23  -08-2018.   Present :- Sri J.SyamalaRao, I.A.S.,   Sub :- APGST Act, 2017- Intelligence… Read More »

GST (Amendment) Act 2018 Notified : Download /Print

By | September 1, 2018

GST (Amendment) Act, 2018 The President has given its assent to the Central GST (Amendment) Act, 2018, Integrated GST (Amendment) Act, 2018, Union Territory GST (Amendment) Act, 2018 and GST (Compensation to States) Amendment Act, 2018 on August 29, 2018. Download  GST (Amendment) Act 2018 : Refer Link in Video Description The Central Goods and Services… Read More »

CBDT final Rules for Computation of FMV of Inventory converted into Capital Asset

By | September 1, 2018

The Central Board of Direct Taxes has released final Rule 11UAB prescribing the manner of determination of fair market value of the inventory converted into capital asset. shall come into force from the 1st day of April, 2019 and shall apply in relation to assessment year 2019-20 and subsequent years. Earlier the draft rule was… Read More »

Pure Agent Concept in GST : Analysis

By | September 1, 2018

Pure Agent Concept in GST INTRODUCTION The GST Act defines an Agent as a person including a factor, broker, commission agent, arhatia, del credere agent, an auctioneer or any other mercantile agent, by whatever name called, who carries on the business of supply or receipt of goods or services or both on behalf of another.… Read More »