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Hon’ble President has given his assent to Companies (Amendment) Ordinance, 2018 with effect from 2nd November 2018. Companies (Amendment) Ordinance, 2018 amends lots of Provisions of Companies Act, 2013.
The major highlights of the Ordinance are as under:
There are concerns being raised about growing pendency of GST Refunds. Exporters are reassured that there is no le-tup in the sanction of GST refunds. The disposal rate is consistently improving month-on-month. As on 31st October, 2018, total GST refunds to the tune of Rs 82,775 crore have been disposed by Central Board of Indirect Taxes and Customs (CBIC) and the State authorities out of the total refund claims of Rs 88,175 crore received so far. Thus, the disposal rate of 93.8 % has been achieved as on 31.10.201Read More
Shri Santosh Kumar Gangwar, Minister of State (I/C) for Labour & Employment praised the efforts of Employees’ Provident Fund Organisation (EPFO) to digitalize the services to accelerate the claims settlement of EPFO beneficiaries in, Provident Fund, Pension & Insurance, while inaugurating 66th foundation day celebrations of EPFO yesterday at New Delhi. He said that government is sincerely working to bring unorganized sector workers within the social security net.Read More
The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Services Tax Practitioners ( GSTPs) in terms of the sub-rule (3) of Rule 83 of the Central Goods and Services Tax Rules, 2017, vide Notification No. 24/2018-Central Tax dated 28.5.2018.Read More
The Revenue collected in October, 2018 of Rs. 100,710 crore is higher by 6.64% as compared to September, 2018 collection of Rs. 94,442 crore. The chart shows trends in revenue during the current year. The States which achieved extra- ordinary growth in total taxes collected from the State assesses include Kerala (44%), Jharkhand (20%), Rajasthan (14%), Uttarakhand (13%) and Maharashtra (11%).Read More
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