Recommendations regarding Data Analytics made during 26th Meeting of Goods & Services Tax (GST) Council held today in the national capital
26th Meeting of the GST Council meets & decides Extension of tax exemptions for exporters for six months Sending a strong positive signal to the exporting community, the GST Council in its 26thmeeting held here today decided to extend the available tax exemptions on imported goods for a further 6 months beyond 31.03.2018. Thus, exporters […]
Recommendations regarding Return Filing System,Reverse Charge Mechanism,TDS/TCS & Grievance Redressal Mechanism in 26th Meeting of the GST Council
26th GST Council has recommended the introduction of e-way bill for inter-State movement of goods across the country from 01st April 2018. For intra-State movement of goods, e-way bill system will be introduced w.e.f. a date to be announced in a phased manner but not later than 01st June, 2018.
In my last budget speech, I had mentioned about the Jal and Bhoomipoojan for Chatrapati Shivaji Maharaj Memorial in Arabian Sea near Mumbai at the hands of Honble Prime Minister of India. Now, the tender for this memorial has been finalized and work order has been issued. I am happy to mention that this project will be completed in thirty-six months.
1. GST Council in its 26th Meeting held under the Chairmanship of the Union FM, Shri Arun Jaitley today in New Delhi sent a strong positive signal to exporting community by deciding to extend the available tax exemptions on imported goods for further 6 months beyond 31st March,2018. 2. Thus, exporters presently availing various Export […]
Time period for filing GSTR-2 and GSTR-3 for July 2017 – March 2018 will be subsequently notified.
Amendments to Profession Tax Act- i. Responsibility to collect tax at source (TCS) on Organizations, Corporations, etc. ii. Attractive Scheme to be declared for One Time Payment of Tax (OTPT) for professionals. iii. Streamlining provisions for effective recovery of tax.
As per the latest available information as on 05.03.2018, number of Aadhaar cards linked with PAN is 16,65,82,421 . Further, as on 02.03.2018, 8779.65 Lakhs Current Accounts and Savings Accounts have been linked with Aadhaar.
At present, premature closure of a Public Provident Fund (PPF) account is permitted on specified grounds on completion of five financial years from the date of opening of account. Opening of accounts in the name of a minor is permitted under all the small savings scheme except the Senior Citizens’ Savings Scheme.
