The European economy is gradually recovering but further policy action will be required to address unresolved legacies of the global economic crisis that are weighing on growth and major new concerns that have emerged, according to two new OECD reports.
Limited Liability Partnership (Second Amendment) Rules 2016- -ln exercise of the powers conferred by sub-sections (l) and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules, 2009 namely:-
Value Added Tax is one of the major sources of revenue for Government of NCT of Delhi which is an indirect tax collected by traders from customers on sale of goods and then deposited with Government. In its effort to acknowledge and further encourage the good tax paying dealers, the Government has decided to introduce a Reward/Appreciation scheme for such Good dealers.
Equalisation Levy was introduced in the Union Budget 2016 and is included in the Chapter VIII of the Finance Act 2016. The Govt. had set up a committee earlier this year which gave its recommendations in March, 2016, which included adding more services under the ‘specified service’ banner.
The Indian Judiciary System dates back to the 18th century and there have been cases long pending of the past 10 – 15 years which are yet to be settled. In the midst of all this, if an assessee’s file is trapped between the webs of such system it may land up like the fate of the earlier cases.
In supersession of Board’s letter F.No.278A/34/2014- Legal dated 20.01.2015, the President of India is pleased to appoint a fresh panel of Sr./Jr. Standing Counsels of CBEC to handle litigation of indirect Taxes before various High Courts and other fora, in terms of Instructions RN. 278A/43/2007-Legal dated 05.12.2007 as per following details for a term of three years from the date of issue of this order.
it is clarified that all Other Cast Articles of Iron or Steel failing under the four digit ITC(HS) Code- 7325 whether malleable or non- malleable are eligible for FPS under the entry at serial no. 279 of Appendix 37 D as revised vide Public Notice no. 52 dated 25.02.2014.
Upon the notification of Public Warehousing Licensing Regulations, 2016 / Private Warehouse Licensing Regulations, 2016 / Special Warehouse Licensing Regulations, 2016, a need has been felt to review the process of application for a warehouse licence and the form used for the same.
The general public is hereby cautioned to deal with only SEBI registered investment advisers and research analysts for availing investment advisory services/ research services. The details of SEBI registered investment advisers and research analysts are available on the SEBI website www.sebi.gov.in.
Explore the clarifications on the simplified procedure for Form 15G & 15H under section 197A of the Income-tax Act. Stay informed with Notification No. 9/2016 issued by the Government of India.
