Notification No. 9/2021-Customs (N.T./CAA/DRI), Dated; 25.01.2021 Appointment of Common Adjudicating Authority. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence ) NOTIFICATION New Delhi, the 25th January, 2021 No. 9/2021-Customs (N.T./CAA/DRI) S.O. 375(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June […]
President is pleased to award Appreciation Certificates and Medals for —Exceptionally Meritorious Service at Risk to Life and Specially Distinguished Record of Service- to the officers and staff CBIC, Department of Revenue, on the occasion of the Republic Day, 2021
President is pleased to award Appreciation Certificates and Medals for Specially Distinguished Record of Service- to the officers and staff of Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, for the Republic Day, 2020, as mentioned below:
The Halwa ceremony, marking the final stage of the Budget making process for Union Budget 2021-22, was held in North Block here today afternoon in the presence of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. A customary Halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins.
Disclaimer: Before start reading, we would like to clear the fact that this write up is only meant for salaried class employees and not meant for individuals having business Income. As there are some differences in the scheme for the salaried and non-salaried class of persons. Little Background The date of submission of investment proof […]
Special Financial Transactions (SFT) Reporting Parameters. Income Tax Department is widening its scope of disclosers and reporting day by day, there are some type of transactions on which Income Tax Department is very aggressive these days, and if any person entered in such transaction without any valid source then he can be caught in great […]
If you are planning to start a food business in India, then it is mandatory to obtain some licenses. One such mandatory license is Eating house license. Let us know about this license through this article. Meaning and Applicability of Eating House License Eating House means a place where any eating place which serves food, […]
With the advent of GST and dawn of old indirect tax regime in the form of VAT, service tax and central excise etc, the State and Central Governments are looking forward to bring an end to the litigation in the older regime and in consequence thereof we are witnessing lot of dispute resolution schemes introduced […]
This article will give an overview of ACU mechanism. How this works and what is difference between normal transaction and ACU transaction. Besides this article will explain you what transactions are permissible and what not under ACU mechanism and what is the procedure to handle ACU transaction.
The union budget will be presented on 1st February so I thought of making some suggestions to remove some anomalies and inequalities in the Income Tax Act provisions to make the NPS system fair and little better for everyone. Here are my suggestions. Uniformities of tax treatment of retirement corpus of Tier I of NPS […]
