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Archive: 15 May 2017

Posts in 15 May 2017

Rural India Surges ahead under NDA Government

May 15, 2017 702 Views 0 comment Print

Being the nodal Ministry for most of the development and welfare activities in the rural areas, the Ministry of Rural Development plays a pivotal role in the overall development strategy of the country. The vision and mission of the Ministry is sustainable and inclusive growth of rural India through a multipronged strategy for eradication of poverty by increasing livelihood opportunities, providing social safety net and developing infrastructure for growth. This is expected to improve quality of life in rural India and to correct the developmental imbalances, aiming in the process, to reach out to most disadvantaged sections of the society.

Govt notifies few provisions related to voluntary liquidation or bankruptcy

May 15, 2017 561 Views 0 comment Print

Central Government hereby appoints the 1st April, 2017 as the date on which the provisions of clause (a) to clause (d) of section 2 of the Code relating to voluntary liquidation or bankruptcy shall come into force.

Notification No. 47/2017-Customs (N.T.) Dated: 15.05.2017

May 15, 2017 1671 Views 0 comment Print

S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely

Notification No. 38/2017- Income Tax Dated: 15th May, 2017

May 15, 2017 2160 Views 0 comment Print

It is hereby notified for general information that the organization M/s National Institute of Hydrology (‘NIH’) (PAN:- AAATN1385M) has been approved by the Central Government

Transitional Provisions for Traders under GST

May 15, 2017 14850 Views 1 comment Print

As we are on the verge of implementation of GST, the biggest challenge that the professionals face these days is on the transition provisions of GST i.e. Chapter XX Transitional Provisions of CGST Act 2017 ranging from Section 139 to 142.

Beware!! Danger of purchasing from unregistered person in GST

May 15, 2017 50454 Views 20 comments Print

Krishna, from various peculiar provisions of GST the provision of RCM comes. According to this RCM provision what will happen if purchases are made from unregistered person?

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