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Raising Happy Children And Providing Safe Childhoods

May 25, 2017 1122 Views 0 comment Print

Every child has the inherent potential to grow up and achieve his or her full potential and contribute positively towards the growth of nation and society. The Constitution of India grants children the highest priority for their protection and well being.

GST Enrollment to re-open on 1st June, 2017

May 25, 2017 10242 Views 0 comment Print

All Central Excise & Service Tax Assessees Who are yet to enroll In GST, can do it now. Enrollment re-opens for limited period on 1st June, 2017 Please enroll in GST immediately Duty/ Tax credits under existing laws cannot be carried forward in GST unless you enroll, In GST Portal (www.gst.gov.in) TO enroll, please use […]

Taxability under GST on Transportation of Goods or Passengers

May 25, 2017 92385 Views 34 comments Print

Through GTA (Specific goods like agricultural produce, relief materials, defence or military equipments, milk, salt etc. (Exempt)) Other than above through GTA (5% – No ITC)

Income Tax Department Steps-up against Benami property holders

May 25, 2017 2025 Views 0 comment Print

Income-tax Directorates of Investigation have identified more than 400 benami transactions up to 23 May, 2017. These include deposits in bank accounts, plots of land, flat and jewellery. Provisional attachment of properties under the Act has been done in more than 240 cases.

Cabinet approves phasing out FIPB

May 25, 2017 909 Views 0 comment Print

With FIPB getting abolished, it is expected that foreign investment proposals will be considered by the concerned ministry in consultation with the DIPP. Towards this end it is hoped that DIPP comes out with clear guidelines and operating procedures defining the parameters that should be considered for clearance of proposals. This would is required to ensure that there is alignment in the approach of different ministries

Addendum to GST Rate Schedule For Goods

May 24, 2017 4014 Views 2 comments Print

The list of goods for which the GST rates are yet to be decided by the GST Council, the following entries may be added: (i) Cereals and flour put up in unit container and bearing a registered brand (ii) Puja samagri including havan samagri will be under Nil category. However, the exact formulation for the same is yet to be finalised.

Sensex crosses 30,000! What’s next in store?

May 24, 2017 1299 Views 0 comment Print

In the final week of April, the S&P BSE Sensex crossed the 30,000 mark – a symbolic breakthrough – to close at an all-time high of 30,133 points. Some of the best performing sectors have been consumer durables, banks, and oil and gas.

Multiple Assessment Orders under DVAT Act or CST Act

May 24, 2017 7230 Views 0 comment Print

The competent authority has desired that wherever such cases are brought to the knowledge of concerned Assessing Authority and if the concerned dealer approaches the Assessing Authority with details of such orders which are multiple Assessment Orders of the category mentioned above, then necessary remedies/measures as prescribed under Section 74B of DVAT Act, 2004 read with Rule 36B of DVAT Rule, 2005 relating to the review/rectification should be exercised as per the provisions of law.

CBEC notifes Valmikinagar in West Champaran, Bihar as a Land Customs Station

May 24, 2017 1557 Views 0 comment Print

Amendment to notification 63/94-Customs (N.T), dated 21.11.1994 so as to notify Valmikinagar in West Champaran District, Bihar as a Land Customs Station.

Territorial Jurisdiction of Regional DGFT Office at Hyderabad amended

May 24, 2017 543 Views 0 comment Print

The Territorial Jurisdiction of the Regional Office of DGFT at Hyderabad in Appendix- 1A of Foreign Trade Policy, 2015-20 is amended.

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