Home Highlights April 2018 Year 2018 This

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1. Revised and updated Foreign Trade Policy (FTP), 2015-2020 - Notification

2. Accrual of income - recognition of revenue - change in method of accounting policy from recognition of Commission for insurance agency business from month of...

3. Revised edition of the Handbook of Procedures of Foreign Trade Policy, 2015-2020 - Public Notice

4. SEBI notifies the recognition granted to the Indian Commodity Exchange Limited stands withdrawn - Notification

5. Recognition of MCX Stock Exchange Ltd - Notification

6. Extension of date of incorporation for eligible start-up for exemption - For 100% deduction on profit of eligible start-up business u/s 80-IAC will be available where...

7. The Government shall speak only in one voice. It has only one policy. The departments are to implement the Government policy and not their own policy - merely because...

8. Export Policy of Bio-fuels - Export Policy of bio-fuels is revised from 'Free' to 'Restricted' as per the National Policy on Biofuels-2018.

9. REP licence was issued under old policy, import made under new revised policy - import to be governed by old policy - FTP

10. Notifies the reporting entities undertake Aadhaar authentication service of the Unique Identification Authority of India - Notification

11. Verification of identity by reporting entity - Notification

12. Relief to start-ups in carrying forward and setting off of losses - Relaxation in 51% holding of shares for the purpose of carry forward of losses of eligible star-up...

13. Insertion of new section 80-IAC - provides 100% deduction of the profits and gains derived by an eligible start-up from a business involving innovation, development,...

14. Amendment in Import Policy Condition for Duck Meat - The newly revised policy introduces a more defined condition for the importation of premium duck meat. It now...

15. Amendment in Export Policy of Wheat Flour (atta) - Notification