{"id":5821,"date":"2019-05-31T22:28:02","date_gmt":"2019-05-31T16:58:02","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=5821"},"modified":"2020-07-21T18:56:50","modified_gmt":"2020-07-21T13:26:50","slug":"corporate-and-professional-updates-on-25th-may-2019","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-25th-may-2019\/","title":{"rendered":"Corporate and Professional Updates on 25th May 2019"},"content":{"rendered":"\r\n<p class=\"wp-block-paragraph\"><strong><em>Indirect Tax Updates:<\/em><\/strong><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i.udemycdn.com\/course\/750x422\/1245830_1769_2.jpg\" alt=\"Related image\" \/><\/figure>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\">GST<\/a> was implemented\u00a0 with effect from 1\/7\/17 i.e. after the completion of 3 months from commencement of F.Y. 17-18, Due to above the F.Y. 17-18 was a mix of accounting policies\/procedures\/compliances for two different Tax Mechanism periods: 1-4-17 to 30-3-17 (pre GST period) 1-7-17 to 31-3-18.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong><em>RBI Updates:<\/em><\/strong><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/realtynxt.com\/wp-content\/uploads\/2018\/06\/560.jpg\" alt=\"Related image\" \/><\/figure>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>The <a href=\"https:\/\/carajput.com\/rbi-consulting.php\">Reserve Bank of India<\/a> on Friday eased norms for foreign portfolio investors (FPI) buying debt assets under a special window amid expectations that overseas funds would increase allocations to Mumbai after the ruling combine\u2019s return to power with a bigger majority.<\/li>\r\n<li>RBI removed a mandatory investment cap, exempting investors from bringing in at least a fourth of the limits purchased through the Voluntary Retention Route (VRR) within one month.\u00a0\u201cThe requirement to invest at least 25% of the Committed Portfolio Size within one month of allotment has been removed,\u201d RBI said Friday, a day after the ruling party won a stronger mandate to run the federal government for the next five years.\u00a0<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong><em>Other Updates:<\/em><\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>MCA sees Rs 2.8 lakh cr recovery from IBC-led RP<\/li>\r\n<li>IOC to examine US sanction&#8217;s impact on CPCL plans<\/li>\r\n<li>India may witness slowdown as oil imports decline<\/li>\r\n<li>DoT to soon settle merger\/transfer of licences in M&amp;As<\/li>\r\n<li>BoB looks to rationalise 800-900 branches<\/li>\r\n<li>Pre-monsoon rainfall deficit drops to 22 per cent<\/li>\r\n<li>Reliance Capital protests ratings downgrade<\/li>\r\n<li>India reports trade deficit with 11 RCEP members in FY 2018-19<\/li>\r\n<li>OPEC members meet to assess oil market after US sanctions on Iran<\/li>\r\n<li>NMDC plans to acquire 100 per cent stake in Australia&#8217;s Legacy Iron-Ore Ltd<\/li>\r\n<li>Japan\u2019s Orix to acquire wind assets of\u00a0IL&amp;FS<\/li>\r\n<li>GST Council may consider national bench of AAAR next month<\/li>\r\n<li>AstraZeneca moves US court against Aurobindo<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong><em>Key Due Dates:<\/em><\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Deposit of TDS \/TCS for the month of April for purchase of property is 30<sup>th<\/sup> May 2019.<\/li>\r\n<li><a href=\"https:\/\/carajput.com\/services\/tds-return-filing.php\">TDS return<\/a> for March Quarter By all Deductors is 31<sup>st<\/sup> May 2019.<\/li>\r\n<\/ul>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>Indirect Tax Updates: GST was implemented\u00a0 with effect from 1\/7\/17 i.e. after the completion of 3 months from commencement of F.Y. 17-18, Due to above the F.Y. 17-18 was a mix of accounting policies\/procedures\/compliances for two different Tax Mechanism periods: 1-4-17 to 30-3-17 (pre GST period) 1-7-17 to 31-3-18. RBI Updates: The Reserve Bank of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8035],"class_list":["post-5821","post","type-post","status-publish","format-standard","hentry","category-others","tag-a-day-after-the-ruling-party-won-a-stronger-mandate-to-run-the-federal-government-for-the-next-five-years"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2 - aioseo.com -->\n\t<meta name=\"description\" content=\"Indirect Tax Updates: GST was implemented with effect from 1\/7\/17 i.e. after the completion of 3 months from commencement of F.Y. 17-18, Due to above the F.Y. 17-18 was a mix of accounting policies\/procedures\/compliances for two different Tax Mechanism periods: 1-4-17 to 30-3-17 (pre GST period) 1-7-17 to 31-3-18. 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