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Leggings (knitted or. crocheted) merit classification under CTH 6115

March 21, 2017 1965 Views 0 comment Print

CESTAT in the case of Commissioners of Customs, Tuticorin Vs. Go Fashions (I) Pvt. Ltd had held the leggings akin to tights and accordingly classified them under CTH 6115. An earlier ruling of the Government of India also held the same.

All about Loan under Nidhi Company in India – Practical Aspect

March 21, 2017 21096 Views 6 comments Print

CA Paras Mehra 1.0 Introduction In this article, we shall discuss the practical aspects about the lending power under the Nidhi Company. Nidhi Companies are one of the special types of companies in India which had a power to accept deposit and lend money. However, for some people it is still a mystery on how […]

Maharashtra State Budget 2017: Disturbance due to Farm Loan Waiver & Silence due to GST

March 21, 2017 1641 Views 2 comments Print

Honorable Finance Minister of Maharashtra, Mr. Sudhir Mangutwar has announced the State Budget for Maharashtra State on 18th March. What are the important things in this State budget?

5 steps taken by EPFO for speedy settlement of claims

March 20, 2017 1695 Views 0 comment Print

The Employees’ Provident Funds Organization (EPFO) has taken various steps for speedy settlement of claims which inter alia include: 1. Composite Claim Form (Aadhaar) and Composite Claim Form (Non-Aadhaar) has been introduced by replacing the erstwhile Claim Forms No. 19, 10C and 31, with a view to simplify the submission of claims by the subscribers.

Branches of SBBJ, SBH, SBM, SBP & SBT to operate as SBI branches

March 20, 2017 7656 Views 0 comment Print

All branches of State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT) will function as branches of State Bank of India from April 1, 2017.

CBI arrests post office officials in illegal currency exchange case

March 20, 2017 1020 Views 0 comment Print

The Central Bureau of Investigation has arrested a Director, Postal Services and Senior Superintendent of Posts, Ahmedabad (Gujarat) in an on-going investigation of a case.

CBDT warns officials on airing of views on official matters via Press

March 20, 2017 951 Views 0 comment Print

It has been observed that some Government servants have been unauthorisedly communicating with the Press either in their own name or in pseudonymous names. Instructions have been issued from time to time restraining all Government servants from communicating with the Press unauthorisedly but it is observed that the provisions of the Conduct Rules are not being followed in letter and spirit.

Union Cabinet approves four GST Bills

March 20, 2017 2412 Views 0 comment Print

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approves the four Goods and Services Tax (GST) related bills today The GST law will be the biggest reform in the area of Indirect Taxes in the history of independent India The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved […]

Minimum Wages as fixed by Central Government wef 19.01.2017

March 20, 2017 11247 Views 1 comment Print

The Central Government has notified the revision of minimum wages for the scheduled employments in the Central sphere on 19.01.2017. The increase in minimum wages for scheduled employment under the Central sphere w.e.f. 19.01.2017 as shown in the table below:-

Employees’ Enrolment Campaign launched by EPFO

March 20, 2017 1176 Views 0 comment Print

An Employees’ Enrolment Campaign has been launched by Employees’ Provident Fund Organisation during the period 01.01.2017 to 31.03.2017, in order to extend social security benefits to all the eligible workers in the country. During the Campaign, various financial incentives are being offered to establishments to enroll their workers.

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