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Budget puts the money where mouth is: ASSOCHAM

February 1, 2018 726 Views 0 comment Print

Finance Minister Mr Arun Jaitley has placed a huge emphasis on agriculture and rural India, allocating bulk of resources to tinterior landscape, while helping the middle class salaried employees along with relief to senior citizens, measures which would boost consumer demand and help revive economic growth, said ASSOCHAM president, Mr Sandeep Jajodia.

Union Budget’s agriculture focus will boost growth prospects

February 1, 2018 729 Views 0 comment Print

Finance Minister Arun Jaitley has done well by announcing measures to help MSMEs and job creation in the last full Budget of the current government

Customs Rate of exchange of foreign currency wef 02.02.2018

February 1, 2018 1197 Views 0 comment Print

Notification No.11/2018-Customs (N.T.) CBEC hereby determines that the rate of exchange of conversion of each of the foreign currencies wef 02.02.2018

ICAI President’s Message – February 2018

February 1, 2018 1152 Views 0 comment Print

As you may be aware, World Bank’s Global Economic Prospects has estimated that India is likely to regain the position as the fastest growing economy in 2018 with growth expected to accelerate to 7.3 per cent in the year. For 2017

Budget 2018: Income Tax, Service Tax, Custom & Excise Duty Changes Analysis

February 1, 2018 48624 Views 3 comments Print

Article Analyses Finance Bill, 2018- Provisions Relating To Direct Taxes, Amendments In The Customs Act, 1962, Amendments In The Customs Tariff Act, 1975, Amendments In The First And Second Schedule To The Customs Tariff Act, 1975, Other Proposals Involving Changes In Basic Customs Duty Rates, Proposals Involving Change In Excise Duty Rates And Service Tax Changes.

Budget 2018 Exhaustive Analysis of Changes in Excise Duty

February 1, 2018 21621 Views 2 comments Print

Chapter 24: No change. Chapter 27: 1) A Road and Infrastructure Cess, as an Additional Duty of Excise, is being imposed on motor spirit commonly known as petrol and high speed diesel, falling under heading 2710, at the rate of Rs. 8 per litre. [Clause 110 read with the Sixth Schedule of the Finance Bill, […]

Budget 2018 Exhaustive Analysis of Changes in Custom Duty

February 1, 2018 40833 Views 5 comments Print

The Finance Minister has introduced the Finance Bill, 2018 in Lok Sabha today, that is, 1st February, 2018. Changes in Customs and Central Excise law and rates of duty have been proposed through the Finance Bill, 2018.

Budget at a Glance 2018-19

February 1, 2018 20871 Views 0 comment Print

Budget at a Glance presents broad aggregates of the Budget in a reader-friendly document. This document shows receipts and expenditure as well as the Fiscal Deficit (FD), Revenue Deficit (RD), Effective Revenue Deficit (ERD), and the Primary Deficit (PD). of the Government of India

Corrigendum to Notification No. 6/2018-UTT (Rate), dated 25.01.2018

February 1, 2018 993 Views 0 comment Print

G.S.R. 108(E).—In the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 6/2018-Union territory Tax (Rate), dated the 25th January, 2018, published in the Gazette of India

Corrigendum to Notification No. 7/2018-IGST (Rate), dated 25.01.2018

February 1, 2018 3204 Views 0 comment Print

G.S.R. 107(E).— In the notification of the Government of India, Ministry of Finance (Department of Revenue), No.7/2018-Integrated Tax (Rate), dated the 25th January, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 84(E), dated the 25th January, 2018

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