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S. 10(46) CBDT notifies ‘National Council of Science Museums’, Kolkata

July 20, 2017 531 Views 0 comment Print

CBDT notifies U/s. Section 10(46) ‘National Council of Science Museums’, Kolkata, an autonomous body established under the Ministry of Culture, Government of India, in respect of the following specified income arising to the Council, namely:—

Allowing more time to deposit Old Notes would lead to illegal trading of these SBNs

July 19, 2017 3039 Views 0 comment Print

In a new affidavit filed before Supreme Court on 17th July 2017 Central Government  made it clear that it cannot give more time to deposit old currency notes, as  in case a fresh opportunity is offered for exchange of SBNs, it would lead to rampant illegal trading of these SBNs (that is, the SBNs being […]

Govt. notifies 7.8% interest rate for 2nd quarter on non-Govt. PF, Superannuation and Gratuity Fund

July 17, 2017 1065 Views 0 comment Print

It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st July, 2017 to 30th September, 2017, bear interest at 7.8% (Seven point eight percent). This rate will be in force w.e.f. 1st July, 2017.

P&H HC directs subordinate courts to record Aadhaar No. of Parties

July 17, 2017 780 Views 0 comment Print

Directions be issued to all the District And Sessions Judges In the States of Punjab, Haryana and U.T. Chandigarh for directing the officials concerned to start capturing/ entering the Aadhar Number of the parties while entering the cases in CIS 2.0. The members of the Bar may be requested to provide the Aadhaar number for the aforesaid Purpose.

PIL challenges 12% GST on Sanitary Napkins: [Read Petition]

July 15, 2017 3798 Views 0 comment Print

Petitioner is filing this Public Interest Litigation before this Hon’ble Court seeking recourse against the patently discriminatory and illegal treatment being meted out to the women of India by the unconstitutional and illegal imposition of a Goods and Services Tax at a high rate of 12% on sanitary napkins.

Scheme of FM Award on the occasion of Income Tax Day

July 15, 2017 2052 Views 0 comment Print

The Government hereby sanctions the following scheme of awards to be conferred upon the Officers and Staff of the Income Tax Department in consideration of their rendering exceptional or meritorious service, or displaying outstanding devotion to duty.

Advisory on GST for Pharmaceuticals dealers

July 15, 2017 11454 Views 1 comment Print

As many Pharmaceutical Dealers and their association represented various matters the following advisory is issued for information and awareness generation. 1. In earlier VAT system, importers and Manufacturers in Medicines and drugs are entitled for composition. The rate of compounding is 5% of MRP. The MRP means maximum price printed on the package of any goods, for which goods are sold to the ultimate consumer.

GST & Excise Commissioners to Review working of GST Sewa Kendras

July 14, 2017 1245 Views 0 comment Print

Commissioners of GST & Central Excise formations to undertake random visits to the Ranges/Divisions under their charge to review the working of the GST Sewa Kendras particularly since we have given wide publicity to the facilitation trade can expect from these Sewa Kendras.

Mobile app GST Rates Finder to be soon available on IOS platform

July 14, 2017 1371 Views 0 comment Print

CBEC Mobile app GST Rates Finder which is available on android platform and soon will be available on ios platform as well. To install GST Rate Finder, user of Android mobile has to first open Google Play Store and in the search option has to type GST Rate Finder. There may be many more apps available with similar names. The user has to download the app with CBEC Logo i.e.

CBI arrests Principal CIT; Recovers Rs. 3.5 Crore in Cash

July 14, 2017 1401 Views 0 comment Print

CBI Registers A Case Against Principal Commissioner Of Income Tax & Others And Recovers Cash Of Rs. 3.5 Crore (Approx) & 05 KG (Approx) God During Searches

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