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Changes in Customs Act, 1962 – Proposed in Finance Bill, 2017

March 31, 2017 8595 Views 0 comment Print

Kind reference is invited to proposals in the Finance Bill, 2017 relating to amendments in sections 46 and 47 of the Customs Act, 1962.These changes would come into effect upon enactment of the said Finance Bill.

ICSI Revises Fees for Members w.e.f. 1st April, 2017

March 31, 2017 1545 Views 0 comment Print

Revision in the Annual Membership fee, Entrance Fee and Certificate of Practice fee for Associate and Fellow Members w.e.f. 1st April, 2017 The Council of the Institute has decided revision in Annual Membership fee, Entrance fee and Certificate of Practice fee for Associate and Fellow Members w.e.f. 1st April, 2017, as under: Particulars Associate Fellow […]

730 Million Internet Users are Anticipated in the Country by 2020-NASSCOM

March 31, 2017 741 Views 0 comment Print

Government has said that due to fast adoption of digital technology, it is expected that number of internet users will increase in country. National Telecom Policy-2012 envisages 600 million broadband connections by year 2020 at minimum 2 Mbps download speed.

Ms. Vanaja N. Sarna, IRS appointed as Chairman CBEC

March 31, 2017 1164 Views 0 comment Print

Ms. Vanaja N. Sarna, IRS (C&CE:1980) presently holding the charge as Member (Administration), has been appointed as Chairman, Central Board of Excise and Customs (CBEC). She is taking over on superannuation of Shri Najib Shah, IRS (C&CE:79) today i.e. 31.03.2017.

Infrastructure proposals relating to formations in GST regime-reg

March 31, 2017 1296 Views 0 comment Print

The re-organisation of field formations and Directorates of CBEC in the GST regime which is likely to be rolled out from 1st July, 2017. as approved by the Government, has since been communicated to you by the HRM Wing of the Directorate. The approved Re-organisation is also available on the CBEC website www.cbec.gov.in and DGHRD website www.dghrdcbec.gov.in

Reduction of 0.1% in interest rates on Small Saving schemes

March 31, 2017 1101 Views 0 comment Print

Government has decided to effect a reduction of 0.1 percentage points in interest rates across the board in all Small Savings Schemes except the Post Office Savings Account, which has been left untouched.

Govt approves Rs. 2,256 crore to bolster IT network for new GST regime

March 31, 2017 819 Views 0 comment Print

The Government has approved Rs. 2,256 crore outlay for Project Saksham to bolster the information technology network for the new GST regime. Project Saksham is the name given to CBEC’s IT Infrastructure Project.

CBDT APA Program crosses the 150 Milestone

March 31, 2017 858 Views 0 comment Print

Central Board of Direct Taxes (CBDT) has entered into 9 Advance Pricing Agreements (APAs) during the last two days of the current financial year. All the 9 Agreements entered into are Unilateral APAs.

Reliance Jio Extends Timeline Upto 15th April For First Recharge

March 31, 2017 4686 Views 0 comment Print

Jio has extended the deadline for purchasing Jio’s Rs 303 (and other) plans till 15th April. This extension will provide the necessary breathing room for users to avoid service disruption during the transition from free to paid services.

Key features of CGST, IGST, UTGST & Compensation to States bills passed in Lok Sabha

March 31, 2017 8808 Views 0 comment Print

GST Bills–CGST, IGST, UTGST and Compensation to States, introduced in Lok Sabha on 27.03.2017 and passed by Lok Sabha on 29.03.2017. The following are key features of the Bills

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