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Archive: 07 June 2017

Posts in 07 June 2017

RBI Second Bi-monthly Monetary Policy Statement, 2017- 18

June 7, 2017 855 Views 1 comment Print

Since the April 2017 meeting of the MPC, global economic activity has expanded at a modest pace, supported by firming growth in major advanced economies (AEs) and in some emerging market economies (EMEs) as well.

CBI Clarification relating to News Reports / Statement by NDTV

June 7, 2017 870 Views 0 comment Print

Reports in sections of the media have raised certain issues and the statement issued by NDTV has leveled certain allegations against the CBI investigation in the case relating to the promoters of NDTV and others.

RBI tightens norms for issuance of Masala Bonds

June 7, 2017 948 Views 0 comment Print

RBI has today tightened the norms for issuance of masala bonds by Indian corporates – raising of such INR denominated debt would now be subject to RBI approval, will have to adhere to all-in-cost ceilings (earlier permitted at arm’s length) and cannot be issued to related parties.

Textile Industry on the Threshold of Integrated Progress

June 7, 2017 1839 Views 0 comment Print

The Modi Government’s major mission of “Make in India” is predicated on the basic assumption that it would encourage domestic manufacturing in a big way in as much as it is also highly helpful to generate employment to a greater number of people. Hence, production and exports stemming from light manufacturing segments such as leather products and textiles assume pre-eminent priority in the scheme of things of the authorities.

Tackling Depression with Yoga

June 7, 2017 1425 Views 0 comment Print

A 2011 study based on the World Health Organization’s World Mental Health Survey Initiative reported that India has the highest rate of major depression in the world. What is of greater concern is that its incidence seems to be on the rise affecting people of all ages from teens to aged individuals; its affects people from all economic backgrounds from individuals striving for a decent meal to those leading a very lavish and glamorous lifestyle.

Duty on DTA clearance of goods procured by EOUs/EHTP/STP units from indigenous sources-Reg.

June 7, 2017 4212 Views 0 comment Print

Attention of all the importers, Exporters, Customs Brokers, and other stake holders is invited to the subject DTA clearance of goods procured by EOUs/EHTP/STP units from indigenous sources- charging of Duty communicated by Board Circular No. 13/2017-Cus dated 10.04.2017 and Circular No. 74/2001 dated 04.12.2001.

Anti dumping duty on imports of Plain Gypsum Plaster Boards extended up to 06.06.2018

June 7, 2017 732 Views 0 comment Print

Seeks to extend the ADD imposed on the imports of Plain Gypsum Plaster Boards originating in or exported from China PR, Indonesia, Thailand and UAE for a period of one year upto and inclusive of 06.06.2018.

Gifts amongst ‘Relatives’ – How long will they be ‘taxfree’?

June 7, 2017 7191 Views 1 comment Print

Inheritance tax is a levy paid by a person who inherits the estate of the deceased. This tax is viewed as a tool to reduce the economic and consequent social disparity between the rich and the poor.

Mismatch Problem under GST (Hindi Article)

June 7, 2017 12795 Views 2 comments Print

जी.एस.टी. में मिसमैच की समस्या- आइये पहले यह समझ लें कि यह मिसमैच की समस्या है क्या जिसको लेकर इस समय वेट डीलर्स पूरे देश में परेशान रहते है और क्या स्वरुप लेगी यह समस्या वाले जी.एस.टी. युग में . आइये इस समस्या को एक प्रश्न और उसके उदाहरण के द्वारा के समझने का प्रयास करें

Key tax impact on Real Estate & works contract service under GST with Illustration

June 7, 2017 18069 Views 13 comments Print

Articles contain -1.Background of works contract 2. Tax treatment for works contract under current regime 3. Works contract under GST 4. Taxation of works contract under GST 5. Impact of GST on real estate project

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