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Archive: 31 March 2021

Posts in 31 March 2021

Centre releases GST Compensation & IGST ad-hoc settlement amount to States/UTs

March 31, 2021 2316 Views 0 comment Print

Centre releases Rs. 30,000 crore as GST Compensation as well as Rs. 28,000 crore as IGST ad-hoc settlement to the States/UTs. The total amount of compensation released so far for the year 2020-21 is Rs. 70,000 crore. As per the decision of GST Council, back to back loan of Rs. 1,10,208 crore has also been […]

Do not harass lawyers exempt from GST by sending notices: Orissa HC

March 31, 2021 18192 Views 3 comments Print

High  Court expresses its concern that practising advocates should not have to face harassment on account of the Department issuing notices calling upon them to pay service tax/GST when they are exempted from doing so, and in the process also having to prove they are practising advocates.

1% lesser stamp duty for property purchased by Women in Maharashtra

March 31, 2021 15681 Views 6 comments Print

Government of Maharashtra reduces the stamp duty by 1% on Agreement to Sell / Conveyance of residential property executed in favour of woman/women purchasers, with effect from 01.04.2021. ORDER Revenue & Forest Department, Madam Kama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai-32, Dated the 31st March, 2021. Maharashtra Stamp Act No.Mudrank-2021/110R.12/CR.107/M-1 (Policy).- Whereas, the Government of […]

Kolkata HC stays removal of erstwhile Auditors of Allahabad Bank

March 31, 2021 7953 Views 1 comment Print

It is the case of the petitioners that they have been appointed as Statutory Branch Auditors by the erstwhile Allahabad Bank, which has now been merged into Indian Bank.

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