Thursday, 12 May 2022 / Published in IBBI, Registered Valuer
Eligibility Qualification and Experience to become a Registered Valuer under IBBI:- In this article, we have discussed the eligibility, qualification and experience required to become a registered valuer under the Insolvency and Bankruptcy Board of India (IBBI) for individuals only. However, a registered partnership firm and company are also eligible to become the registered valuer
Wednesday, 11 May 2022 / Published in IBBI, Registered Valuer
Question 1:- Who is a Valuer? Answer:- A Valuer is an individual or an entity who does the work of valuation. Question 2:- Which Act and Rules define Valuer? Answer:- The Companies (Registered Valuers and Valuation) Rules, 2017, notified in exercise of powers conferred by section 247 read with sections 458, 459 and 469 of
Tuesday, 10 May 2022 / Published in CBDT, Income Tax, News & Updates, Notification
The Central Board of Direct Taxes (CBDT) vide its Notification No 53/2022 [G.S.R. 346(E)] dated 10th May 2022 notifies the amendment in the rule with respect to having/applying for Permanent Account Number w.e.f 26th of May 2022. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 10th May 2022 G.S.R. 346(E).––In exercise of
Saturday, 07 May 2022 / Published in Fema, RBI
Question 1. Who is an NRI (Non-resident Indian)? Answer: A ‘Non-resident Indian’ (NRI) is a person resident outside India who is a citizen of India. Question 2. Who is a PIO? Answer: A ‘Person of Indian Origin (PIO)’ is a person resident outside India who is a citizen of any country other than Bangladesh or Pakistan or
Friday, 06 May 2022 / Published in CBDT, Income Tax, News & Updates, Notification
The Central Board of Direct Taxes (CBDT) vide its Notification No 49/2022 [G.S.R. 339(E)] dated 5th May 2022 amends the rules with respect to filing of application for obtaining advance ruling under Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th May, 2022 G.S.R.
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