The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has given its approval for removal of prohibition on export of all types of pulses to ensure that farmers have greater choice in marketing their produce and in getting better remuneration for their produce. The CCEA also empowered the Committee chaired […]
Cabinet approves the increase in the carpet area of houses eligible for interest subsidy under the Credit Linked Subsidy Scheme for the Middle Income Group under Pradhan Mantri Awas Yojana
Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved continuation of the Centrally Sponsored Scheme (CSS) for Development of Infrastructure Facilities for Judiciary beyond 12th Five Year Plan i.e. from 01.04.2017 to 31.03.2020 to be implemented in a Mission Mode through National Mission for Justice Delivery and Legal Reforms with an estimated outlay of Rs.3,320 crore.
For all of those who have Income Tax return and have received an e-mail stating that there has been an error in calculating your tax and a refund has to be issued, please ignore it.
GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods
The 23rd GST Council meeting held at Guwahati, Assam has proposed many changes in the structure of GST, the legal nod to which was provided through a slew of notifications issued on 14th and 15th November 2017 has made many changes to improve, on 14th and 15th November 2017. A gist of the newly released Notifications issued as on 15th November 2017 has been provided below.
Section 48 of the CGST Act provides for the authorisation of an eligible person to act as approved GST practitioner. A registered person may authorise an approved GST practitioner to furnish information, on his behalf, to the government. Taxpayers can now search & view the details and address of GST Practitioner (GSTP) on the GST […]
In pursuance of the above direction of Supreme Court of India, it has been decided to appoint a fresh National Judicial Pay Commission, to be known as Second National Judicial Pay Commission, comprising the following:—
Due to the non-availability of the refund module on the common portal, it has been decided by the competent authority, on the recommendations of the Council, that the application/document/forms pertaining to refund claims on amount of zero-rated supplies shall be filed and processed manually till further orders.
The proportion of value attributable to different States or Union territories, in the case of supply of advertisement services to the Central Government, a State Government, a statutory body or a local authority. under sub section (14) of section 12 of the Integrated Goods and Services Tax Act, 2017, in the absence of any contract between the supplier of service and recipient of services, shall be determined in the following manner namely:-
