{"id":5750,"date":"2019-04-24T13:16:23","date_gmt":"2019-04-24T07:46:23","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=5750"},"modified":"2021-08-17T17:28:29","modified_gmt":"2021-08-17T11:58:29","slug":"corporate-and-professional-updates-on-22nd-april-2019","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-22nd-april-2019\/","title":{"rendered":"Corporate and Professional Updates on 22nd April 2019"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69eaa4d46e1bf\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69eaa4d46e1bf\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-22nd-april-2019\/#Direct_Tax_Updates\" title=\"Direct Tax Updates:\">Direct Tax Updates:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-22nd-april-2019\/#Other_Updates\" title=\"Other Updates:\">Other Updates:<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Direct_Tax_Updates\"><\/span><span style=\"color: #003366;\"><strong><em><span style=\"text-decoration: underline;\">Direct Tax Updates:<\/span><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img decoding=\"async\" src=\"https:\/\/smedia2.intoday.in\/btmt\/images\/stories\/income-tax_660_062618061509_070918064910.jpg\" alt=\"Related image\" \/><\/p>\n<ul>\n<li style=\"text-align: justify;\">The Central Board of Direct Taxes (CBDT) has directed the <a href=\"https:\/\/carajput.com\/income-tax-services.php\">Income-Tax<\/a> Department to initiate penalty proceedings by June 30 against non-filers and \u2018drop filers\u2019 of tax returns.\u00a0According to the non-filer monitoring system (NMS) of the I-T department, data for 20.4 million non-filers has been obtained between 2013 and 2017, of which 2.5 million are those who are inconsistent \u2014 popularly known as \u2018dropped filers\u2019.<\/li>\n<li style=\"text-align: justify;\">The tax department has initiated action based on the NMS database, which has identified such non-filers and dropped filers. The said data has been shared with assessing officers. This information may be acted upon as efficiently as possible to widen the tax base, said the officer cited above.\u00a0The NMS data shows a sharp increase in non-filers since 2013. In 2014, the number of non-filers was 1.22 million, which surged to 6.75 million in 2015.\u00a0The number of dropped filers in FY18 stood at 2.52 million, down from 2.83 million in FY17.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Other_Updates\"><\/span><span style=\"color: #003366;\"><strong><em><span style=\"text-decoration: underline;\">Other Updates:<\/span><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>Finmin asks all depts to review govt guarantees.<\/li>\n<li>India&#8217;s oil needs are well secured.<\/li>\n<li>Job creation down 1.7 pc in Feb: ESIC payroll data.<\/li>\n<li>SBI offers 20 bps discount on electric vehicle loans.<\/li>\n<li>Jio fastest with 22.2 mbps download speed in March.<\/li>\n<li>Blackstone buys Essel Propack for up to $460 million, to launch open offer at Rs 139\/share.<\/li>\n<li>RBI committee to peg excess capital at Rs 3 trillion, says BofAML.<\/li>\n<li>OMCs unlikely to be impacted by US withdrawal of sanction waiver.<\/li>\n<li>Jet Airways bids set to draw a blank; Etihad to say no, TPG back out too.<\/li>\n<li>RBI may tweak Feb 12 circular on stressed assets to 30-day grace period.<\/li>\n<li>Gail top bidder for IL&amp;FS wind power plants with Rs 4,800-crore offer.<\/li>\n<li>JNPT raise offer to buy Air India tower.<\/li>\n<li>Coal import rises 9% to 234 MT in FY19.<\/li>\n<li>BEML, Syndicate Bank sign MoU, to book\u00a0\u20b9100 cr-biz.<\/li>\n<li>McLeod Russel to sell 3 Assam estates to Luxmi Tea Company for\u20b9150 crore.<\/li>\n<li>SpiceJet and Emirates enter into a code-share agreement.<\/li>\n<li>Reliance Jio GigaFiber to offer broadband, landline and TV combo for\u00a0\u20b9600.<\/li>\n<li>SECI postpones manufacturing-linked solar bid for 3 GW till May 14.<\/li>\n<li>Hindustan Copper board to consider fund raising via QIP.<\/li>\n<li>Spice Jet to deploy sub-leased aircraft from Jet lessors.<\/li>\n<li>DTH players violating new norms to face strict action.<\/li>\n<li>Financial Express Banking on banks: Air India SPV seeks to lower debt\u00a0burden.<\/li>\n<li>March air traffic growth slowest in 5 yrs. groundings, flight cancellations to\u00a0blame.<\/li>\n<li>Volkswagen moves Supreme Court against NGT\u2019s Rs. 500 crore\u00a0fine.<\/li>\n<li>Once A-rated at S&amp;P, struggling Oman economy risks further cut in\u00a0ratings<\/li>\n<li>Debt schemes: Mutual Funds exposure to DHFL group firms at Rs. 6,500\u00a0crore.<\/li>\n<li>RBI has $43 billion excess capital.<\/li>\n<li>Flows into Asian bonds touch $5 billion in March.<\/li>\n<li>Sensex cracks over 480 points, Nifty below 11,600.<\/li>\n<li>Oil prices soar by about 3 per cent as plans US end to Iran sanction waivers.<\/li>\n<li>Rupee drops 32 paise, may stay weak if crude spikes.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #003366;\"><strong><em><span style=\"text-decoration: underline;\">Key Due Dates:<\/span><\/em><\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>20-04-2019\u00a0&#8211;<a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">\u00a0GSTR-3B<\/a>\u00a0for the m\/o March 2019.<\/li>\n<li>30-04-2019\u00a0&#8211; GSTR-1\u00a0for the quarter ending March 2019 for taxpayers with Annual Aggregate turnover\u00a0upto than\u00a01.50 Crore.<\/li>\n<li>30-04-2019\u00a0&#8211; Deposit of <a href=\"https:\/\/carajput.com\/tds.php\">TDS\/TCS<\/a> for m\/o March 2019.<\/li>\n<li>30-04-2019\u00a0&#8211; Furnishing challan-cum-statement in respect of tax deducted u\/s 194-IA\/194IB in month of March&#8217;19<\/li>\n<li>30-04-2019\u00a0&#8211; Due date for uploading declarations received from recipients in Form. 15G\/15H during the quarter ending March, 2019.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong><em><span style=\"text-decoration: underline;\">Quote of the Day:<\/span><\/em><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">Smart Working May Leads to more Professionalism.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Direct Tax Updates: The Central Board of Direct Taxes (CBDT) has directed the Income-Tax Department to initiate penalty proceedings by June 30 against non-filers and \u2018drop filers\u2019 of tax returns.\u00a0According to the non-filer monitoring system (NMS) of the I-T department, data for 20.4 million non-filers has been obtained between 2013 and 2017, of which 2.5 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150,172,9,4],"tags":[893,7957],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5750"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=5750"}],"version-history":[{"count":4,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5750\/revisions"}],"predecessor-version":[{"id":8115,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5750\/revisions\/8115"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=5750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=5750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=5750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}