"11 August 2017" Archive

GST: Guidelines on composition and levy on directives/instructions regarding migration

Memo No. 1470/ST-5 (14/07/2017)

As per section 10(1) of the CGST/HGST Act, 2017, read with Rule 7 of GST Composition Rules rates under composition scheme are as under: (i) 2% (1% CGST+1% SGST) of the turnover in the State in case of manufacturers. (ii) 5% (2.5% CGST+2.5% SGST) of the turnover in the State in case of food/restaurant services. (iii) 1% (0.5% CGST...

Read More

The Revolution in Banking Sector Technology

The Prime Minister in his independence day address in August 2014, announced the Prandhan Mantri Jan-Dhan Yojana as a National Mission on Financial Inclusion encompassing an integrated approach to bring about comprehensive financial inclusion of all the households of the country. ...

Read More

Economic Survey 2016-17 Volume-2 : State of the Economy – An Analytical

Economic Survey 2016-17 Volume 2 was laid in the Parliament today. The Survey notices a rekindled optimism on structural reforms in Indian economy. Various factors such as launch of the GST; Positive impacts of demonetization; decision in principle to privatize Air India...

Read More

Highlights of Reforms Measures in Economic Survey 2016-17 Volume-2

Managing and reducing the various risks in agriculture activities can make the sector resilient, increase profitability and can ensure stable income flows to the farmers. The following reforms are suggested for increasing productivity in agriculture and allied sector:...

Read More

Highlights of the Economic Survey 2016-17 Volume-2

The fiscal outcome of the Central Government in 2016-17 was marked by strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of non-salary/pension revenue expenditure. This combination allowed the Government to contain the fiscal deficit to 3.5 per cent of GDP in 2016-17....

Read More

Reserve Bank Commercial Paper Directions, 2017

RBI/2017-18/43 FMRD.DIRD.2/14.01.002/2017-18- RBI Notification (10/08/2017)

Reserve Bank had issued draft directions on Commercial Paper for public comments on February 02, 2017. Taking into account the comments received, The Reserve Bank Commercial Paper Directions, 2017 have been finalized and enclosed herewith....

Read More

Tri-Party Repo (Reserve Bank) Directions, 2017

RBI/2017-18/42 FMRD.DIRD.4/14.03.024/2017-18 (10/08/2017)

Please refer to Paragraph 6 of the statement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of the third Bi-monthly Monetary Policy Statement for 2017-18 dated August 2, 2017 regarding introduction of tri- party repos....

Read More

Right of Children to Free and Compulsory Education (Amendment) Act, 2017

Notification No. 24 Of 2017 (10/08/2017)

(1) This Act may be called the Right of Children to Free and Compulsory Education (Amendment) Act, 2017. (2) It shall be deemed to have come into force on the 1st day of April, 2015....

Read More

ICAI e-Books for New Scheme of Education and Training

The Board of Studies in its continuous endeavor to facilitate students in learning anytime and anywhere by leveraging technology, is introducing e-Books for the benefit of the students registered under the new scheme of education and training. The e-Books are available on the Digital Learning Hub through the following link:...

Read More

Sec. 54 (a) Competition Act, 2002: Central Govt, exempts Regional Rural Banks

S.O. 2561(E) (10/08/2017)

S.O. 2561(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts the Regional Rural Banks in respect of which the Central Government has issued a notification under sub-section (1) of section 23A of the Regional Rural Banks...

Read More
Page 1 of 212