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Is PM Narendra Modi already giving to Poor Much More than what Congress Promises?

March 27, 2019 1434 Views 0 comment Print

No political party has betrayed India for more than seven decades other than the Congress Party. It gave to the people of India many slogans and very little resources to implement them.

CBI arrests two Superintendents of GST in a bribery case

March 26, 2019 1323 Views 0 comment Print

CBI Arrests Two Superintendents of GST In A Bribery Case of Rs. One Lakh The Central Bureau of Investigation has arrested two Superintendents posted at the GST office, Pune (Maharashtra) for demanding and accepting a bribe of Rs. One lakh from the complainant. A case has been registered against the two Superintendents of GST, Pune […]

Guidelines for Business Continuity Plan & Disaster Recovery of MIIs

March 26, 2019 1290 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/MRD/DMS1/CIR/P/2019/43 March 26, 2019 To, All Stock Exchanges, All Depositories, All Clearing Corporations Dear Sir/ Madam, Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) of Market Infrastructure Institutions (MIIs) 1. SEBI vide circular CIR/MRD/DMS/12/2012 dated April 13, 2012 and CIR/MRD/DMS/17/2012 dated June 22, 2012 prescribed framework […]

Opportunities and Challenges of FinTech

March 25, 2019 2667 Views 0 comment Print

In general, FinTech stands for financial technology and describes technologically enabled financial innovations. From ‘start-ups’ to ‘big-techs’ to established financial institutions, all the key players are harnessing this technological edge along the financial services’ value chain to provide agile, efficient and differentiated experiences to the end-user.

CBIC revises Format of Shipping Bill for Export of Goods

March 25, 2019 2607 Views 0 comment Print

In the Shipping Bill and Bill of Export (Forms) Regulations, 2017, under regulation 2, for Form SBI and under regulation 3 for Form III, the following Forms shall be substituted, namely :-

Locker search warrant and proceedings u/s 153A can be quashed if authority failes to prove that such locker contains undisclosed income

March 25, 2019 6087 Views 0 comment Print

Shah-E-Naaz Judge Vs. Addl. DIT (Inv) (Delhi High Court) Authority and power to conduct search and seizure operations is strident and caustic power authorized by law to be taken recourse to when the conditions mentioned under different clauses of Section 132 (1) of the Act are satisfied. Constitutional validity of the said provision has been […]

Order passed U/s. 254(2) cannot be rectified or amended by invoking of section 254(2) once again

March 25, 2019 2544 Views 0 comment Print

Tribunal in exercise of its power under sub-section (2) of section 254 had rectified the mistake apparent on record and deleted the double addition of income in respect of assessee. Thereafter, Revenue again filed an application under sub-section (2) of section 254 seeking rectification of order passed under sub-section (2) of section 254.

Anti-dumping duty on ‘Acetone’ extended for further 5 Years

March 25, 2019 4089 Views 0 comment Print

Seeks to impose anti-dumping duty on ‘Acetone’, originating in or exported from European Union, Singapore, South Africa and United States of America GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 14/2019-Customs (ADD) New Delhi, the 25th March, 2019 G.S.R.237(E).-Whereas, the designated authority, vide notification No.7/26/2018 DGAD, dated the 6th July, 2018, published in the […]

Reg. IGST & compensation cess exemption to EOUs on imports till 31.03.2020

March 25, 2019 930 Views 0 comment Print

Amendment to Notification No.52/2003-Customs dated 31.03.2003 for extending exemption from IGST and compensation cess to EOUs on imports till 31.03.2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 9/2019-Customs New Delhi, the 25 March, 2019 G.S.R. 238(E).— In exercise of the powers conferred by sub-section […]

Reg. exemption from IGST & Compensation Cess upto 31.03.2020

March 25, 2019 2076 Views 0 comment Print

Seeks to extend the exemption from Integrated Tax and Compensation Cess upto 31.03.2020 on goods imported against AA/EPCG authorizations vide Notification No. 08/2019-Customs Dated 25th March, 2019.

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