Wednesday, January 17 2018

July 1, 2017

One lakh companies de-registered by the Registrar of Companies: PM

New Delhi-More than one lakh companies have been de-registered by the Registrar of Companies said Prime Minister Narendra Modi at the foundation day function of Institute of Chartered Accountants of India.Modi said large number of shell companies have been identified against whom action is being initiated.Further he said that It is surprising that in a

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July 1, 2017

India imposed 10 per cent customs duty on imported cellphones

New Delhi-Ten percent basic customs duty has been imposed on imported cellular mobile phones and accessories like charger, headsets, battery and USB cable and other specified electronic goods with immediate effect to boost domestic manufacturing.However, present exemption from basic customs duty on specified parts of mobiles printed circuit board assembly (PCBA), camera module, connectors display

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June 30, 2017

GST comes into effect in India

New Delhi – PM Modi called GST as ‘good and simple tax’. At the gala of launching, Prime Minister said GST will eliminate the compounding effects of multi-layered tax system.This is a example of cooperative federalism as the centre and states together thrashed out the new law with consensus said Mr Modi. Furher he said

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June 30, 2017

e Aadhar Card will be proof of identity for Rail Travel

New Delhi-Ministry of Railways has decided to incorporate downloaded Aadhaar (e-Aadhaar) also as prescribed proof of identity at par with printed Aadhaar Card during travel.With this the complete list now of prescribed proofs of identity which are valid for undertaking journey in any reserved class on Indian Railways will be Voter Photo Identity Card by

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June 30, 2017

All FDI proposals will be cleared in 8-10 weeks

New Delhi-The Centre will clear all foreign investment proposals within a maximum of 10 weeks after the receipt of an application as per the Standard Operation Procedure(SOP) released by the Department of Industrial Policy and Promotion .The new mechanism will replace the Foreign Investment Promotion Board (FIPB) which has been abolished by the government. The

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