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Anti-dumping duty on imports of Soda Ash from China PR, EU, Kenya, Pakistan, Iran, Ukraine and USA to continue

December 21, 2016 1471 Views 0 comment Print

Notification No. 55/2016-Customs (ADD) – Anti-dumping duty on the imports of Soda Ash, originating in or exported from China PR, EU, Kenya, Pakistan, Iran, Ukraine and USA will continue to be levied till the final decision of the Honble High Court of Gujarat in the matter.

Govt to give discount on fees for USSD transactions above Rs. 1000

December 21, 2016 1222 Views 0 comment Print

For Unstructured Supplementary Service Data (USSD) transactions above Rs. 1000/-, a further discount of Fifty (50) Paise on these rates shall apply.

Post demonetisation banks issued banknotes worth Rs. 5,92,613 crore

December 21, 2016 1768 Views 0 comment Print

Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over the counter or through ATMs.

How to fill Form 1- Pradhan Mantri Garib Kalyan Yojana, 2016

December 21, 2016 10444 Views 1 comment Print

As per the Notification No. 116/2016, the Pradhan Mantri Garib Kalyan Yojana (PMGKY), 2016, is a declaration u/s 199C of the Finance Act, 2016, in respect of the Taxation and Investment Regime for PMGKY. There are two forms, Form 1 & Form 2.

Last date for compliance of CPE Hours extended to 31.01.2017

December 21, 2016 4015 Views 0 comment Print

Last date for compliance of CPE Hours requirement for the year 2016 has been extended from 31st Dec 2016 to 31st Jan 2017.

Election commission delisted 255 political parties; Issued letter to CBDT

December 21, 2016 8839 Views 1 comment Print

Election commission issues list of delisted political parties during February, 2016 to 13th December, 2016 under Section 29A of RP Act, 1951

Central Registry for GST compliance by banks suggested

December 21, 2016 2503 Views 0 comment Print

In case of GST, there is need for Central Registry for GST compliance by the banks which have branches on pan India basis.

TA claim by family of deceased Govt employees after one year of death

December 21, 2016 4645 Views 0 comment Print

Rule below SR-148 for admitting Travelling Allowance (TA) claim by family of deceased employees beyond one year period of the death of the employee is also covered under GOI decision 2(iii) below Rule SR-147

No Tax on Digital Turnover up to 66 Lakh after section 80C benefit

December 21, 2016 23122 Views 28 comments Print

If a trader makes his transactions in cash on a turnover of Rs.Two Crore, then his income under the presumptive scheme will then be presumed to be Rs. 16 lakhs @ 8% of turnover.

Details of detection / recovery in Excise and Service Tax evasion cases

December 20, 2016 1849 Views 0 comment Print

The total number of detection and recovery made in respect of Central Excise and Service Tax evasion cases during 2013-14 to 2016-17 (upto October, 2016) is given in the ANNEXURE.

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