CCI approves acquisition by Amazon.com in Future Coupons About Acquirer Company – The Acquirer, NV Investement Holdings LLC, is globally engaged in the business of making investments in other companies. It is a direct subsidiary of Amazon.com, Inc. (“ACI”) and belongs to the Amazon group. ACI is the ultimate parent entity of the Amazon group. …
The finance minister has already formed a notice for the e-assessment Scheme formed in 2019. It will be further incorporated for conducting faceless scrutiny assessment of Income Tax Return (ITR). The scheme further involves the formulation of e-assessment centres at national and regional levels. It will further input in the auto-allocation of cases among the …
The finance ministry showcases Goods and Services Tax which has been registered for a certain amount in the month of June 2019. It has been proven that the growth was sluggish in comparison to Rs. 1,00,289 crore in May 2019. When it comes to June, the collection has been higher than Rs 95,610 crore that …
The Indian Government has issued certain guidelines in its campaign of MSME support & Outreach where it has asked all the head of the departments of public sector banks to do the detail analysis of issues and progress done in the credit facility that are faced by MSMEs. The main effort of the Government is …
As per the guidelines presented by the Reserve Bank Of India, the banks will be issuing debit cards to the customers in relevance to their Board approved the policy. As per the KYC updated from 29th of May, 2019, RBI’s Master Direction has been that Banks are supported to attain the Aadhaar number from a …
The Ministry of Corporate Affairs (MCA) has notified the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019 (Rules) today to provide a generic framework for insolvency and liquidation proceedings of systemically important Financial Service Providers (FSPs) other than banks. The Rules shall apply to such …