This update seeks to highlight the changes made in the Revised GST Law as compared to the old GST Draft with respect to provisions relating to input tax credit as follows:-
Commissioner of Sales Tax, Maharashtra State, Mumbai hereby amends the Order No. SR. D. C. (A and R)/ PWR/1006/4/Adm-3, dated the 6th October 2007, as follows, namely:—
Commissioner of Sales Tax, Maharashtra State, Mumbai hereby amends the Order No. SR.D.C. (A and R)/PWR/ 1006/3/Adm-3, dated the 6th October 2007, as follows, namely:—
In Schedule appended to said Notification, in column (1), against the entry at Sr. No. 1, in column (3), in entry at Sr. No. 15, for word and figures Section 70, words, brackets and figures Sub-section (1) and (2) of section 70, shall be substituted.
There has been a media report about one of the RBI staff at Bengaluru as well. Let me clarify that it was a junior functionary of the Reserve Bank of India
Banks are advised to preserve CCTV recordings of operations at bank branches and currency chests for period from November 08 to December 30, 2016
RBI allow Standalone PDs to distribute Relief/Savings bonds under non-core activities, as brokers of authorized entities, subject to adherence to terms
Haritha Gramam is not just any story but it is the story of Peroorkada, a residential locality in Thiruvananthapuram city which went green by practicing effective waste management at its source.
RBI clarified that it has not initiated any action to cancel banking licence of Axis Bank in wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank.
Banks are advised to maintain, at the Currency Chest level and at link branches level, a Daily Record of Issuances showing serial numbers of Mahatma Gandhi (New) Series banknotes in the denominations of ₹ 500 and above received from RBI as remittance
