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Cash Deposit by 17.92 Lakh persons not matches their tax profile

March 11, 2017 38253 Views 2 comments Print

Operation Clean Money; Income Tax Department identifies 17.92 Lakh persons whose tax profiles were not in line with the cash deposits made by them during the demonetization period

Show cause notices to 1018 companies for violation of CSR norms

March 11, 2017 4134 Views 0 comment Print

Show cause notices have been issued to 1018 companies for 2014-15 for violation of Section 135 read with Section 134(3) (o) of the Companies Act, 2013.

Paytm & Reliance Jio to reply on use of PM Photo in advertisements

March 11, 2017 1398 Views 0 comment Print

Department of Consumer Affairs sought clarification from Paytm and Reliance Jio regarding use of the photograph of the Prime Minister in their respective full page advertisement contravening the ‘prior permission’ stipulation in such cases under ‘The Emblems and Names (Prevention of Improper Use) Act, 1950’.

Visit ECI website to get Election Result, Analysis and Trends

March 11, 2017 1305 Views 0 comment Print

Dissemination of Trends and Results of General Elections of 5 Assemblies to start at 8 am tomorrow through ECI website. A Novel Initiative: ECI website to provide Comparative Analysis on Results of 5 Assembly Elections, 2017 with the 2012 polls

HC refuses to Quash Criminal Case When Trial is almost over

March 11, 2017 927 Views 0 comment Print

No plausible explanation has been offered by the petitioner as to why the matter was not settled at the earlier stages. After the victims have examined themselves on oath and the matter is fixed for final disposal, it is not a fit case to quash proceedings under Section 482 Cr.P.C. on the basis of settlement.

Lok Sabha Passes Maternity Benefits (Amendment) Bill, 2016

March 10, 2017 3501 Views 0 comment Print

Lok Sabha passed today on 9th March, 2017 the Maternity Benefit (Amendment) Bill, 2016 which inter-alia includes increasing maternity benefit to woman covered under the Maternity Benefit Act, 1961 from 12 weeks to 26 weeks up to two surviving children in order to allow the mother to take care of the child during his/her most […]

Goods and Service Tax (GST) Bill

March 10, 2017 3741 Views 0 comment Print

The 122nd Constitution Amendment Bill, 2014 has been passed by the Parliament and after ratification by fifty percent of the States, the same has been enacted as 101st Constitution Amendment, Act, 2016. No Goods and Service Tax (GST) Bill has so far been passed.

Scheduled Banks free to determine savings bank deposit interest rate

March 10, 2017 1332 Views 0 comment Print

RBI has informed that the Scheduled Commercial Banks are free to determine their savings bank deposit interest rate, with the approval of their respective Board of Directors, subject to the following two conditions:-

Due date for submission of old demonetized notes for Indian citizens

March 10, 2017 4275 Views 2 comments Print

Submission of old currency notes of Rs. 500 and Rs. 1000; The grace period for Indian citizen residing in India is March 31, 2017 and for Indian citizen resident outside is June 30, 2017

Roll out of GST-1st July 2017

March 10, 2017 5379 Views 0 comment Print

Roll out of GST-1st July 2017; Draft CGST Law and Draft IGST Law approved in the 11th Council Meeting held on 4 March 2017. Steps taken to ensure rollout of GST by 1st July 2017 include approval of the Draft GST Compensation Law by the GST Council

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