The financial market remains abuzz with all sorts of new stories and some of them are about highly impactful items. The most recent of such news stories is that of cryptocurrencies. Cryptocurrencies came to the limelight with skyrocketing rise of the Bitcoin, a virtual currency that grew by 1500% in the last year alone. There […]
CBEC has issued four Press Release on 22.01.2018 clarifying the Following- GST exemption on ticket price up to Rs. 500 of circus, dance, award etc. wef 25.01.2018 Changes in GST on Housing Sector WEF 25.01.2018 GST on services provided by Resident Welfare Associations wef 25.01.2018 Amendment in GST rate on admission to amusement parks etc […]
Amendment of notification No. 11/2017-Integrated Tax dated 13.10.2017 for cross-empowerment of State tax officers for processing and grant of refund vide Notification No. 1/2018 – Integrated Tax
Central Government hereby appoints the 26th January, 2018 as the date on which the provisions of Section 1 and section 4 of the Companies (Amendment) Act, 2017 shall come into force.
Recommendation made by the GST Council in its 25th Meeting held on 18th January, 2018 at Delhi for granting relief from GST on circus, dance, theatrical performances including drama or dance, award function, pageants, concerts, musical performances, recognised sporting events. In the meeting held on 18th January, 2018, the GST Council has recommended several measures granting […]
In order to provide a fillip to the housing and construction sector, GST Council has decided to give exemption to leasing of land by government to governmental authority or government entity.
Services provided by Resident Welfare Associations (unincorporated body or a registered non-profit entity) to their members were hitherto exempt against contribution of up to an amount of five thousand rupees per month per member. Requests were received from several quarters to enhance the contribution limit of five thousand rupees per month per member for exemption.
It is expected and hoped that States do not raise the tax on entertainment and amusement levied by the local authorities (Panchayats/ Municipalities/ District Councils) so as to increase the tax burden on the amusement parks. This will ensure that the rate cut in GST is passed on to children.
CBEC Seeks to impose definitive anti-dumping duty on imports of Toluene Di-Isocyanate (TDI) originating in or exported from China PR, Japan and Korea RP vide Notification No. 3/2018-Customs (ADD)
IIM CALCUTTA EPBCL BATCH 02 – Effectively Manage Risks & Design Strategies for Competitive Advantage The IIM Calcutta Executive Programme in Business & Corporate Laws (EPBCL Batch 02) is delivered under technical association with VCNow. This programme delivers a holistic outlook on the business and corporate law frameworks both in national and international perspectives. The […]
