Revised Instruction on Opening of Current Account by Banks vide announcement made through MPC dated 6th August 2020 Thursday, August 27, 2020 1 Comment Opening of Current Account by Banks In the year 2000, in the interest of credit discipline, Reserve Bank of India (RBI) has already advise... Read More
Clarification on New Definition of Micro, Small and Medium Enterprises (MSMEs) Monday, August 24, 2020 Add Comment Clarification on New Definition of Micro, Small and Medium Enterprises (MSMEs) provided by RBI Vide Circular dated 21st August 2020, RBI h... Read More
PART 1 (ARTICLE 1 TO 4 ) OF INDIAN CONSTITUTION - UNION AND ITS TERRITORY Monday, August 17, 2020 Add Comment UNION AND ITS TERRITORY (PART 1 OF INDIAN CONSTITUTION UNDER ARTICLE 1 - 4) Indian Constitution is divided into 22 parts having 395 Articles... Read More
Key Takeaways from RBI’s Monetary Policy Committee (MPC) meeting held on 6th August 2020 Saturday, August 08, 2020 Add Comment KEY TAKEAWAYS FROM RBI'S MONETARY POLICY COMMITTEE MEETING HELD ON 6TH AUGUST 2020 Since the outbreak of Covid-19, RBI has been taking v... Read More
Speech by Nirmala Sitharaman - Some Exemptions and Deductions are still allowed under the New Income Tax Regime for FY 2020-21(AY 2021-22) Sunday, August 02, 2020 Add Comment Speech by Nirmala Sitharaman on Exemptions and Deductions allowed by CBDT under new Income Tax regime for FY 2020-21 On February 1, ... Read More
Seventh proviso to section 139(1) - Mandatory filling of Income Tax return Sunday, August 02, 2020 Add Comment Seventh proviso to section 139(1) - Mandatory filling of Income Tax return Finance Act 2019, with effect from 1.04.2020 - has inserted seven... Read More