It is a fact that political parties cannot receive contribution from any foreign source as defined under Clause (c) of Section 2 of the FCRA, 1976. Section 29 B of the Representation of the Peoples Act, 1951 also prohibits political parties from receiving foreign contributions.
The provisional figures of Direct Tax collections up to February, 2018 show that net collections are at Rs. 7.44 lakh crore which is 19.5% higher than the net collections for the corresponding period of last year.
The Insolvency and Bankruptcy Code, 2016 (Code) is a modern economic legislation. Section 240 of the Code empowers the Insolvency and Bankruptcy Board of India (IBBI) to make regulations subject to the conditions that the regulations: (a) carry out the provisions of the Code, (b) are consistent with the Code and the rules made thereunder
It is proposed to have a campaign for going paper-free during the next two months, namely, March and April, 2018 with focus on verifying AADHAAR for the members so that all claims are received online avoiding submission of paper-claims
One of the major categories under which, claim for GST refund may arise would be, on account of exports. All exports (whether of goods or services) as well as supplies to SEZs have been categorised as Zero Rated Supplies in the IGST Act.
It is rightly said, Take care of your body, its the only place you have to live in. Your health needs to be nourished for which it needs to be well taken care of. With the rise in technology, the rise in diseases have also shot up drastically.
Change in E-Way Bill Rules vide notification no. 12/2018–Central Tax dated 07.03.2018 1. Transporter on behalf of registered person after taking authorization, may furnish information in part a of form GST EWB 01 2. Now , e-commerce operator or courier agency can furnish information in part a of form GST EWB 01 , after taking […]
Facility for Cancellation of Provisional Registration by migrated taxpayers has been enhanced on the GST Portal. Now Migrated Taxpayers, who have made payment/issued invoices/filed other forms, will be stopped from cancelling their Provisional Registration. This enhancement will avoid inadvertent cancellations of registration by the Migrated Taxpayers. In case the Migrated Taxpayer has filed Returns/Refunds or […]
Success starts, when one believes in himself with full dedication and determination. Everyday must start with an aim and willingness to accomplish the same. One must dream high beyond the imagination as sky isnt the limit when footprints are found upon it. Everything is possible with respect to efforts we make for the same. If we indulge ourselves truly into a work the product will be enormous.
Abhay Solvents Private Limited Vs Assistant Commissioner of Commercial (Karnataka High Court) In terms of Section 174(1)(f), it is clear that the repeal of the Act specified in Section 173 shall not affect any proceedings including that relating to an appeal, revision, review or reference, instituted before, on or after the appointed date, under the […]
