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Archive: 09 April 2017

Posts in 09 April 2017

Hundred years of Champaran Satyagraha

April 9, 2017 1308 Views 0 comment Print

The centenary of Mahatma Gandhi’s first Satyagraha in India is being marked this April. It was undertaken in the erstwhile undivided Champaran district in northern Bihar.

NSS: An Opportunity for Youth to Contribute in Nation Building

April 9, 2017 6573 Views 1 comment Print

National Service Scheme (NSS) was introduced in 1969 with the primary objective of developing the personality and character of the student youth through voluntary community service. Initially it was launched in 37 Universities involving about 40,000 volunteers.

India expands E-visa power

April 9, 2017 1977 Views 0 comment Print

A new liberalized E-visa regime has come into effect from April 1, 2017. It will bring cheer to citizens from 161 nations around the world planning to visit India.

All About Composition (Lumpsum) Scheme under GST

April 9, 2017 33339 Views 8 comments Print

All the Tax Practitioners (Chartered Accountants or otherwise) can understand the importance of composition scheme better (especially those who deal with the smaller business clients).

826 housing projects running behind schedule; average delay 39 months

April 9, 2017 1026 Views 0 comment Print

Battling adversity, as many as 826 housing projects are running behind schedule by an average of 39 months, with Punjab having the maximum of the delayed projects followed by Telangana and West Bengal, an ASSOCHAM study has found.

14 FAQs on Security Features of The ECI-EVMs

April 9, 2017 930 Views 0 comment Print

The following FAQs give a detailed view of security features including latest technological features of EVMs and stringent administrative measures taken at every step of its usage from manufacturing to storage.

CBI register cases against Bank Post officials for RBU Guideline Violations

April 9, 2017 1410 Views 0 comment Print

CBI REGISTERS A CASE AGAINST TWO OFFICIALS OF POSTAL DEPARTMENT AND OTHERS FOR ALLEGED VIOLATIONS OF RBI GUIDELINES AND CONDUCTS SEARCH CBI Press Release – New Delhi, 08.04.2017 The Central Bureau of Investigation has registered a case U/s 120 B r/w 420 & 406 of IPC and Section 13(2) r/w 13(1)(d) of the Prevention of […]

No capital gain tax on amount received from WOS for transfer of shares of WOS to a group of shareholders

April 9, 2017 2481 Views 0 comment Print

It is not in dispute that M/s Annamalaiar Textiles (P) Ltd. did not pay any amount to the shareholders who ultimately got the shares transferred in their names. The respondent was holding 100 per cent shares of M/s Annamalaiar Textiles (P) Ltd., before it was transferred to Group B. No payment was made to the shareholders belonging to Group B and, therefore, the question of there being any capital gains at the hands of the respondent herein does not arise.

Adjudicating Officer required to make an enquiry before imposing penalty

April 9, 2017 4650 Views 0 comment Print

The Adjudicating Officer under Food Safety and Standards Act, 2006 (FSS Act of 2006) is required to make an enquiry before imposing penalty over the person charged for violation of Section 26(2) of the FSS Act of 2006.

Cognizable and non-bailable offence under GST

April 9, 2017 18864 Views 2 comments Print

On 6th April 2017 Rajyasabha has passed four GST bills viz. Central GST Bill 2017, Integrated Goods and Service Tax Bill 2017, the Union Territory Service Tax Bill 2017 and the Goods and Service Tax (Compensation to States) Bill 2017.

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