CBEC hereby determines rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, shall, with effect from 08th April, 2016, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.
From last 35 days All over the country all jewelers are on Strike against the Excise duty imposed in the Union Budget 2016. Holi, Gudi Padwa, etc. all festival are passed or in upcoming days but still they are on STRIKE and also government also not accepting the demand as the Imposition of excise in line with GST.
Prevailing Service Tax Rate: @14% Cenvat Available. Swachchh Bharat Cess: @ 0.5% [w.e.f. 15/11/2015]- Cenvat Not Available. Krishi Kalyan Cess: @ 0.5% [w.e.f. 01/06/2016] New Levy- Cenvat Available
1. (1) These rules may be called the Debts Recovery Tribunal (Procedure) Amendment Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Debts Recovery Tribunal (Procedure) Rules, 1993, in rule 19, for the word Saturdays, the words second Saturday of a month may be substituted.
G.S.R. 407(E).-In exercise of the powers conferred by sub-sections (1) and (2) of section 36 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), the Central Government hereby makes the following rules further to amend the Debts Recovery Tribunal (Procedure) Rules, 1993
SEVEN YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.1.5 LAKH TO THEN INCOME TAX OFFICER IN A BRIBERY CASE The Special Judge, CBI Cases, Dehradun has today convicted Shri Dinesh Kumar, then Income Tax Officer, Pithoragarh (Uttarakhand) in a bribery case and sentenced him to undergo seven years Rigorous Imprisonment with fine of Rs.1.5 lakh. CBI […]
The issue of classification of micronutrients, multi-micro nutrients, plant growth regulators and fertilizers has remained a disputed area in Central Excise. To bring clarity to the issue of classification thereof, it was decided to take opinion of Indian Agricultural Research Institute (IARI) on various issues relating to micronutrients such as – what constitutes micronutrients, its usage, distinction from plant growth regulator, if any, etc.
In its first bi-monthly policy RBI governor Raghuram Rajan reduced the repo by 25 bps although the market expectation was higher but still he cheered the market by his shift in liquidity management policy. RBI’s liquidity management policy will ensure better results and even real effect on market will be more than 25 bps.
A credit score is the summary of your report, numerically represented. This is a three digit number ranging between 300 & 900. The higher this score the better it is. On a general note, any score above 750 is considered a good score and borrowers having this score or more are favoured by lenders. Through this score banks judge your probability of default in future. A lower score would mean a high probability of default while a higher score means lower probability.
In case of blended fabric, +/- 3% variation in Count shall be allowed and to that extent, amendments in norms (SION/Ad-hoc) against Advance Authorisation/Duty Free Import Authorisation will not be required.
