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Guidelines for payment of applicable MDR charges on Government dues through debit/ credit cards

December 14, 2016 2095 Views 0 comment Print

On receipt of Payment scroll, PAO, Department of Economic Affairs, Ministry of Finance will debit the expenditure head of Account for MDR charges maintained centrally in Demand for Grant of Department of Economic Affairs by per contra credit to the Major Head 8675-Deposits with Reserve Bank-101- Central -Civil.

GST FAQs in Hindi, Gujarati, Malayalam, Punjabi, Telugu, Kannada, Assamese, Bangla

December 14, 2016 11959 Views 1 comment Print

CBEC released FAQ on GST in English, Hindi, Assamese, Gujarati, Malayalam, Punjabi Telugu and Kannada for the benefit of General Public

Comparative Analysis of Changes Made in Input Tax Credit-Part-I

December 13, 2016 2890 Views 1 comment Print

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:-

MVAT: Delegation of Powers to AC and STO

December 13, 2016 1384 Views 0 comment Print

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:—

MVAT: Delegation of Powers to Deputy Commissioners of Sales Tax

December 13, 2016 1168 Views 0 comment Print

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:—

MVAT: Delegation of Powers to Additional Commissioners

December 13, 2016 790 Views 0 comment Print

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.

Demonetisation- RBI keeping constant Vigil, RBI Staff was a Junior

December 13, 2016 1282 Views 0 comment Print

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 to preserve CCTV recordings from Nov 08 to Dec 30, 2016

December 13, 2016 3688 Views 0 comment Print

Banks are advised to preserve CCTV recordings of operations at bank branches and currency chests for period from November 08 to December 30, 2016

Standalone PDs can distribute Relief/Savings bonds

December 13, 2016 868 Views 0 comment Print

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: Story of a Green transformation

December 12, 2016 2125 Views 1 comment Print

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.

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