Seeks to increase the effective rate of Special Additional Excise Duty on Petrol and Diesel vide Notification No. 05/2019-Central Excise Dated 6th July, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 5/2019-Central Excise New Delhi, the 6th July, 2019 G.S.R. 488(E).– In exercise of the powers conferred by section 147 of […]
Seeks to increase the effective rate of Road and Infrastructure Cess as additional duty of excise on Petrol and Diesel vide Notification No. 04/2019-Central Excise Dated 6th July, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 4/2019-Central Excise New Delhi, the 6th July, 2019 G.S.R. 487(E). – In exercise of the […]
Seeks to increase the basic excise duty on specified goods in chapter 24 under section 5A of the Central Excise Act 1944 vide Notification No. 03/2019-Central Excise Dated 6th July, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 03/2019-Central Excise New Delhi, the 6th July, 2019 G.S.R. 486(E)– In exercise of […]
CBIC further amends notification No. 11/2017-Central Excise dated 30th June 2017 so as to omit an entry with respect to chapter 24 vide Notification No. 02/2019-Central Excise Dated 6th July, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 02/2019-Central Excise New Delhi, the 6th July, 2019 G.S.R. 485(E). – In exercise […]
He claims that he has studied eights subjects of Mathematics (Mathematics I, Mathematics II, Mathematics III, Mathematics IV, Mathematics V, Mathematics VI, Mathematics VII, and Mathematics VIII), and since civil engineering includes mathematics, he has studied eight civil engineering subjects. Further, most of the Engineering Courses have some common foundational subjects such as English, Mathematics, […]
Income Tax Highlights of Budget 2019 1. No change in Income Tax in case of income up to Rs 2 crores. 2. Income Tax return can be filed using either Aadhar Number or PAN No. 3. Surcharge – √ Taxable income from Rs 2 crore to Rs 5 crore- Surcharge has been increased from 15% […]
INDIRECT TAXES 1. Benefiting Domestic Industries: Custom duty on imports of many products have been increased such as Automobile parts, Electronic & electrical equipment etc. This will give boost to the domestic industry. 2. Resolving litigation: Sabka Vishwas (Legacy Dispute Resolution) Scheme proposed for quick disposal of pending 3.65 Lacs Crore -central excise and service […]
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 05th July, 2019 TRADE NOTICE NO. 23/2019-2020 To RA’s of DGFT Customs Commissionerates Members of Trade Joint Secretary (Customs), CBF,C, Department of Revenue Subject: Additional quota of Toor allowed for import for the fiscal year 2019-20. Department of Commerce, Ministry […]
As per the roadmap, FALLCR is scheduled to increase by 0.50 per cent of NDTL on August 1 and December 1, 2019, respectively. It has been decided that, with immediate effect, banks will be permitted to reckon this increase in FALLCR of 1.0 per cent of the bank’s NDTL as Level 1 HQLA for computing LCR, to the extent of incremental outstanding credit to NBFCs and Housing Finance Companies (HFCs
INEQUITABLE AGREEMENT My builder forced me to pay ‘Penal interest’. But, he does not pay any compensation for delayed completion. What to do? As per the agreement, if the Builder abandons the whole or part of the scheme, the builders liability is limited only to refund of the Amount paid by the allottee without interest […]
