Tag Archives: new act

India Revamps Insolvency Scheme, Sets up New Board

Union Minister of Finance and Corporate Affairs Arun Jaitley has unveiled a new initiative by setting-up the Insolvency and Bankruptcy Board of India (IBBI) that he said was done by the present Government in the shortest possible time. The Finance and Corporate Affairs Minister was speaking at the function organized by the Insolvency and Bankruptcy Board of India (IBBI) on ...

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Finance Ministry Opens Black Money Amnesty Window, Sept. 30 Last Date

The Finance Ministry has anounced 30th September, 2015 as the date before which persons can make a declaration about their undisclosed assets located outside India. The Compliance Provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 has also announced that Dec.31, 2015 will be the last date to pay the tax and penalty ...

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