16.06.18 Economic News
👉As per a Finance Ministry Notification, Centre and the 'Concerned State' will Equally Share the Amount Deposited by Erring Businesses in the Consumer Welfare Fund set up as part of the GST Anti-Profiteering Rules.
👉Delhi notifies E-Way Bill for Intra-State Movement of Goods which is Mandatory for Intra State Movement of Goods for all B2B transactions above Rs.1 Lakh only from 16th June 2018
👉CBIC clarifies Miscellaneous Issues related to SEZ and Refund of Unutilized ITC for Job Workers via Circular No. 48/22/2018-GST
👉TCS Board Clears Rs 16,000 Crore Share Buyback at Rs 2,100, 15% Premium to current price
👉Directorate of Revenue Intelligence (DRI) arrests Kolkata-Based Shree Ganesh Jewellery House Ltd promoter Nilesh Parekh for fraud in diversion of over 1,700 kg of primary gold.
👉As per a report, NFRA, the New Regulatory Body for Chartered Accountants to be rolled out in Two Months
👉ICICI Bank appoints Former SC Judge BN Srikrishna to Conduct an Investigation into various allegations of impropriety against the Bank's CEO Chanda Kochhar
👉India's Exports Hit Six-Month High of $28.86 Billion in May, even though the Trade Deficit Widened to a Four Month High of USD 14.62 Billion