Rescinds Publication of Daily List of Imports & Exports Rules, 2004- Notification No. 128/2004- Cus (N.T.) dated 19th November, 2004
AO was not justified to make addition solely on the basis of the statement of Shri Hanuman Yadav when there was a registered sale deed and more particularly when the maker of statement has not challenged the sale deed before any court of law.
From the reports, it is seen that people who have lot of unaccounted money in the form of old Rs. 500 and Rs. 1000 notes have resorted to so many clandestine ways to convert their holdings.
Government aims to prosecute persons who have deposited someone else money in their bank account by bringing new legislature called Benami transaction (prohibition) amendment act, 2016.
Every Coin has two sides, One is Good and other is Bad. Same way Demonetization Scheme has two sides, one is Positive and other is negative.
Press Information Bureau Government of India Ministry of Finance 25-November-2016 17:25 IST Norms on gold monetisation scheme Government has recently issued norms on gold monetisation scheme. Based on the feedback received from the stakeholders of the scheme and the reviews held, Government has allowed following Tax Exemptions: i). Deposit Certificates issued under Gold Monetisation Scheme, […]
Nowadays a copy of Model GST law having tracked changes is doing the rounds on Social Media. The Same is of November 2016. We searched for official copy of the same on various government websites but not found the same on any of the website. On further search we found that the same is not […]
Banks have to follow additional guidelines on levy of penal charges for non-maintenance of minimum balance in savings bank account which include – notifying the customer clearly by SMS/email/letter etc. that in the event of the minimum balance not being restored in the account within a month from the date of notice,
In exercise of powers conferred by sub-section (2) of section 1 of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (1 of 2004), the Central Government hereby appoints the 1st day of December, 2016, as the date on which the provisions of the said Act shall come into force.
1) (a) Scheduled Air Transport Service/Domestic Scheduled Passenger Airline -100% for NRIs under Automatic Route. (2) Non-Scheduled Air Transport Service- 100% (3) Helicopter services/ seaplane services requiring DGCA approval – 100%
