declares Rule 5A(2) as amended in terms of Notification No. 23/2014- Service Tax dated 5th December 2014 of the Central Government, to the extent that it authorises the officers of the Service Tax Department, the audit party deputed by a Commissioner or the CAG to seek production
Ministry of Corporate Affairs (‘MCA’), on the 23rd of May, 2016 came up with the Companies (Corporate Social Responsibility) Amendment Rules, 2016, with the intent to simplify the language complexity under the earlier Companies (Corporate Social Responsibility) Rules, 2014.
The Productivity-Inclusiveness Nexus explores the root causes behind each of these challenges, examining the extent to which they are connected, and at how to take a coherent policy response. In particular, it signals the need to expand the productive assets in an economy by investing in the skills of people and in an environment where all firms and regions have a chance to succeed.
The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook.
Being healthy and having a good job are two of the most important ingredients associated with subjective well-being, according to the latest data from the OECD’s Better Life Index.
2. Nodal Officers have been appointed at the level of PAN service providers M/s NSDL eGov and M/s UTIITSL to facilitate field formations who have to establish PAN counters in ASK Centres.
State Bank of India is the first bank to launch this facility which will facilitate its customers, who may not have a net-banking account, to e-verify their return. Other banks are expected to launch this facility.
An ideal world without mistakes or wrongdoings cannot be even imagined. Because, if everything is perfect, life on the Earth will be boring and unchallenging. Nature intends competition and conflicts among its subjects to decide their progress and strength.
Thus, while the legislative competence of the Parliament to tax the element of service involved cannot be disputed but the levy itself would fail, if it does not provide for a mechanism to ascertain the value of the services componentwhich is the subject of the levy.[Para 37]
Bulk PAN transfer screen has further been enhanced and facility of selection criteria based on ITR-7 filed by PAN holder has been provided for easy transfer of PANs of Trusts to Exemption charges.
