The Insolvency and Bankruptcy Board of India has constituted a Working Group for recommending the strategy and approach for implementation of the provisions of the Insolvency and Bankruptcy Code, 2016 to deal with insolvency and bankruptcy in respect of (i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and drafting related Rules and Regulations.
The way forward: 1. If you are a Taxpayer having received Acknowledgement Reference Number (ARN): You should be able to download the Provisional Registration Certificate from “Download Certificates” at GST website from 27th June 2017. 2. If you are a Taxpayer, who has saved the enrolment form with all details but has not submitted the […]
The Court directed the department to form a Vigilance Cell to ensure that there is a monitoring authority, which would monitor various policy decisions which are taken. It also directed the setting up of a self auditing mechanism to ensure that the income tax assessees are not made to run from pillar to post for the purpose of redressal of their grievances.
The Bombay High Court has restrained Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets ice cream under brand name Amul, from broadcasting two television advertisements as they were disparaging towards plaintiff’s product, Kwality Walls.
Action Plan to Reduce Government Litigation+ Department of Justice June 13, 2017 Introduction Pendency in Supreme Court – 60,750 cases . In High Courts – 40 lakhs cases in 2016. In District and Subordinate Courts 2.74 crores cases in 2016 Government regarded to be the biggest contributor to litigation in India Approximately 46% of the […]
Existing Taxpayers of VAT, Service Tax, Central Excise DO NOT WORRY If you have not enrolled for GST yet, or If you have activated your account under enrollment but not submitted the application ENROLLMENT WINDOW WILL REOPEN ON 25th JUNE 2017 AND CONTINUE FOR 3 MONTHS AS PER RULE. Also note that your provisional ID […]
Government has released these 15 Creatives which shows that under upcoming GST Regime Tax incidence will be lower on Various items of daily use by Common Man then current Indirect Tax Rate. 1. #GST will make Your pet and cattle healthier and happy. Dicalcium Phosphate (DCP) supplement of animal feed fully exempted
THE TRIPURA STATE GOODS AND SERVICES TAX ACT, 2017 AN ACT to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the State of Tripura and the matters connected therewith or incidental thereto
IBC Code read with the Regulations allow only a person having the required qualification and experience to be enrolled as a member of an IPA and thereafter registered as an IP with the IBBI. Only such a person can act as IP and render services as an IP under the Code.
1. Construction of flats, complex, buildings will have a lower incidence of GST as compared to a plethora of central and state indirect taxes suffered by them under the existing regime.
