The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process easier and more accessible for taxpayers, according to a statement by Ministry of Finance.
In conformity with the Finance Minister's budget announcement on simplification and rationalization of compounding procedure, The Central Board of Direct Taxes (CBTD) issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961 on Thursday.
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
Bengaluru (Karnataka) [India], October 17: foundit (formerly Monster APAC & ME), India's leading jobs & talent platform, has released the latest edition of the foundit Insights Tracker (fit), presenting the hiring trends for September 2024. The tracker highlights the decreasing influ
PFC Infra Finance IFSC Limited (PIFIL), received approval from the International Financial Services Centres Authority (IFSCA) to begin operations as a Finance Company at the International Financial Services Centre (IFSC) in GIFT City, Gujarat.
In the presence of Chief Minister Pushkar Singh Dhami and Finance Minister Premchand Aggarwal, State Bank of India, Bank of Baroda, Union Bank of India, Canara Bank and District Cooperative Bank signed an MoU with the Uttarakhand government.
The ten-member Group of Ministers (GoM) panel, headed by the Union Minister of State for Finance Pankaj Chaudhary, met on Wednesday on the ongoing compensation cess issue. The meeting discussed the future of cess to states under the GST regime but no decision was taken says the minister.
Hyderabad (Telangana) [India], October 16: The Sajja Heart Foundation celebrated its 10th Annual Meeting with a grand event at Green Park Hotel, Begumpet, Hyderabad, attended by a distinguished gathering of Cardiac surgeons, Cardiologists, Nephrologists, Physicians , Surgeons , Research Scho
Mumbai (Maharashtra) [India], October 16: Aditya Birla Housing Finance (ABHFL), a fully owned subsidiary of Aditya Birla Capital Limited, India's leading diversified financial services company, announced a strategic partnership with BharatPe, a renowned Indian fintech company to facilitate a
New Delhi [India], October 16: In a recent interview with 94.3 MY FM Jaipur, renowned life coach Priti shared invaluable advice on how to find balance in today's fast-moving world. Priti, who has built a successful career guiding individuals toward healthier, more fulfilling lives, offered d
Sitharaman will chair a Tech Leaders Roundtable, bringing together global technology leaders, including major Indian IT companies operating in the region.