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CBDT SOP for Service Litigation & Vigilance related Court matters

February 23, 2017 5130 Views 0 comment Print

A SOP has now been prepared for effective, efficient and time bound handling of all the cases of service litigation by CBDT. All the field authorities should meticulously observe the prescribed guidelines within stipulated time limits as mentioned in the SOP.

CG notifies National Iranian Oil Company as Foreign Company

February 23, 2017 1146 Views 0 comment Print

In exercise of the powers conferred by clause (48) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the national interest, hereby notifies for the purposes of the said clause, the National Iranian Oil Company, as the foreign company

Luxury Tax leviable on Plinth Area: Kerala HC

February 22, 2017 16272 Views 1 comment Print

The petitioner is aggrieved with the revisional order passed at Ext.P5. The petitioner challenges the assessment made of the building constructed by the petitioner, under Section 5A of the Kerala Building Tax Act, 1975 (Act for short).

Master Direction on Money Transfer Service Scheme (MTSS)

February 22, 2017 4227 Views 0 comment Print

Money Transfer Service Scheme (MTSS) is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India

Reg. Export & re-import of cut & polished diamonds at zero duty

February 22, 2017 1140 Views 0 comment Print

The facility for export and re-import of cut and polished diamonds at zero duty for the purpose of certification and grading has been extended to the authorised offices / agencies in India of laboratories mentioned under paragraph 4.74 of Handbook of Procedures 2015-20.

Aadhaar mandatory for Integrated Child Protection Scheme

February 22, 2017 900 Views 0 comment Print

Ministry of Women and Child Development in Government of India is administering centrally sponsored Integrated Child Protection Scheme for children in difficult circumstances and Scheme aims at creating safety net of service delivery structures at national, State and District level

ICAI forms group to recommend on Election of VP & counting of votes

February 22, 2017 1047 Views 0 comment Print

The President, in terms of the authority given to him by the Council at its 363rd meeting held on 12th February, 2017, has constituted a Group for making recommendations in the matter of Election of Vice President and all allied matters including counting of votes

MEA enquire missions to promote Ayush, Ayurveda: V.K. Singh

February 22, 2017 1449 Views 0 comment Print

On part of Ministry of External affairs (MEA), we have asked all our chairs and missions to promote Ayush and Ayurveda because 25 missions have got Ayush facilitation centers and these are being managed in a manner in which we would like them to become much greater facilitation center then what they are today

After Demonatisation Next Item Should be Tax Reform

February 22, 2017 4995 Views 2 comments Print

During the last Election PM Narendra Modi promised abolition of Income Tax. In his this Independence Day Speech he said There is a class in the country, especially the middle class, the upper middle class, who is more troubled with income tax officials than the police. I have to change this situation, I am trying and I will change it

Reliance JIO announces Tariff Plans applicable from 01.04.2017

February 22, 2017 31422 Views 1 comment Print

Jio Prime Members will be able to enjoy the unlimited benefits of the existing Jio Happy New Offer for another full year or till 31 March 2018 for a nominal, one-time enrolment fee of just Rs. 99/- and a rock-bottom introductory price of only Rs. 303/- per month or effectively at just Rs. 10/- per day!

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