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

March 20, 2017 1140 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 2856 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 12579 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 1380 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.

Draft Master Directions on Issuance & Operation of PPIs in India

March 20, 2017 1035 Views 0 comment Print

Reserve Bank of India has, from time to time, issued a number of circulars containing policy guidelines on Issuance and Operation of Prepaid Payment Instruments (PPIs) in India.

Securities Contracts (Regulation) Amendment Rules, 2017

March 20, 2017 4596 Views 0 comment Print

Where the Securities and Exchange Board of India makes a recommendation, the governing body of a stock exchange shall, admit as member the following corporations, bodies corporate, companies or institutions, namely :‑

Rebate of State Levies (RoSL) on Export of made-up articles

March 20, 2017 6873 Views 0 comment Print

The Government of India has decided to extend the RoSL on garment exports to exports of made-up articles covered under Chapter 63 of the AIR Drawback schedule.

Data of corrupt officials not lost or deleted: CVC

March 20, 2017 1524 Views 0 comment Print

Clarification by the Central Vigilance Commission (CVC) regarding media reports stating crash of hard disc of CVC portal and loss of data stored online. Media reports stating data stored online about corrupt officials was lost or deleted is totally misleading and incorrect. The Central Vigilance Commission has noticed that certain sections of the media have […]

ITAT cannot dismiss appeal without considering merits

March 19, 2017 2649 Views 0 comment Print

It appears a little strange that when the assessee either himself or through his authorized representative is not attending the hearing to argue the case, still the Tribunal has to decide the appeal on merits.

Assessee need not continue compounding scheme till completion of work under KVAT Act

March 19, 2017 3501 Views 0 comment Print

HC held that The mere fact that petitioner’s work, which commenced in previous year, had been compounded for that year would not require continuance under the scheme in subsequent year, for reason of there being no provision available requiring such a continuance.

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