Seeks to further amend notification No. 50/2017- Customs dated the 30th June so as to prescribe effective rate of basic customs duty (BCD) consequent to the changes proposed in the Union Budget 2018-19
India is one of the first movers of such digital PE taxation and is setting up precedence in the International Taxation. It might be a rightful move for the Indian Government to capitalize on the consumer base and get a share of the profits swept by the non-resident players exploiting the huge consumption market base.
Regulation 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996, allows an AMC to charge additional expenses, incurred towards different heads mentioned under Regulation 52 (2) and Regulation 52 (4), not exceeding 0.20 per cent of daily net assets of the scheme.
The Swachhata Pakhwada concluded on the 31st January 2018. I am sure all of you must have really celebrated this occasion with lots of activities. At the Board level, we concluded the fortnight with the release of a short film which is a compilation of all the Swachhata activities undertaken by various formations under CBEC.
This budget is expected to give a boost to hopes and aspirations of 125 crore people of the country. It is expected to accelerate the development process of the country. It is farmer friendly, common man friendly, business environment friendly as well as development friendly. E
The date on which the utility of obtaining the e-CST declarations shall start on MAHAGST portal will be notified soon through a Trade Circular. In the meantime, the nodal officers with whom the e-CST applications of the dealers registered prior to 25/05/2016, for periods up to 30 /06/2017 are pending have been instructed to dispose off the pending application expeditiously.
ANDHRA PRADESH Inter-State supply – Notification No. – G.O.Ms.No.34, Dt. 24/01/2018 Intra-State supply – Notification No. – G.O.Ms.No.34, Dt. 24/01/2018 ARUNACHAL PRADESH Inter-State supply – Not yet notified Intra-State supply – Not yet notified ASSAM Inter-State supply – Circular No. 01/2018-GST, No. CT/GST-15/2017/64, Dt. 28/01/2018 Intra-State supply – Circular No. 01/2018-GST, No. CT/GST-15/2017/64, Dt. 28/01/2018 […]
There is no dispute with regard to the fact that creditors do fall within the category of specified persons contemplated in section 40A(2)(b) of the Act. Short question before us is, whether payment of interest at the rate of 18% to such persons on the loans availed from them is excessive or not, having regard to the fair market value of such loans.
The list of Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, is given below
The Finance Minister has, while presenting the Union Budget 2018-19, introduced the Finance Bill in the Lok Sabha on the 1st of February, 2018. While Clause 99 of the Bill relates to exemption from integrated tax levied under section 3(7) of the Customs Tariff Act, 1975, Clauses 103 to 105 of the Bill cover the changes relating to service tax levied under the erstwhile Chapter V of the Finance Act, 1994, prior to 1St July 2017.
