This has reference to your application for multipurpose panel for year 2016-17. It has been observed that declaration for same has not yet been received at our end.
The Government has come out with the new version of the income disclosure scheme post de-monetization. This scheme seems to be the last chance for black money holders to come out clean.
Tax point or time of supply provided under revised Model GST Law is different from current scenario. In excise, time of supply is removal of goods. In service tax, point of taxation is date of invoice and date of payment subject to date of completion of service. However, in VAT Laws, tax point is date of invoice since sale cannot be made without invoice.
GST Law is in process of formation. There is need of removing laxity and absolute powers to authorities in respect of inspection, search, seizure, detention, suspicion etc.
Delhi High Court come down heavily on Revenue against high handedness in arresting tax payers or their employees without proper adjudication
Article explains Benefits, Penalties, Applicability and Registration under Food Safety and Standards Act, 2006 by Food Safety and Standards Authority of India (FSSAI).
RBI decided to keep key rates unchanged in its 5th Monetary Policy 2016-17. Bond markets reacted negatively given that 25 bps was already factored
Generally speaking ,policies issued abroad are illegal in India ;i.e., insurance documents required in this country must be issued by a licensed insurer in India.
These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016.
Old 500 Rs. note cannot be used to pay following wef 10.12.2016 1. At railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets
