Income Tax : As the Financial Year 2017-18 is nearing completion, individual tax payers are having hardly one month time to save tax. For indi...
Income Tax : The Finance Bill 2018, has proposed to cover deemed dividend u/s 2(22)(e) of Income Tax Act, also for levy of dividend distributio...
Income Tax : The Union Budget of 2018-19 has changed the tax treatment of all equity and equity-oriented mutual funds. This change was by way o...
Income Tax : This article brings out the contradiction over the intention and implementation of amendment in section 11 so as to bring the disa...
Income Tax : As we all are aware that Finance Act, 2018 brought major amendment in the field of Medical Reimbursement Allowance and Mediclaim. ...
Income Tax : POST-BUDGET MEMORANDUM – 2018 1. INTRODUCTION 1.0 The Council of the Institute of Chartered Accountants of India considers it a ...
Finance : Budget Session 2018 of Parliament concludes The Budget Session, 2018 of Parliament which commenced on Monday, 29th January, 2018 h...
Income Tax : The Central Board of Direct Taxes (CBDT) has clarified that the pension received by a taxpayer from his former employer is taxable...
Custom Duty : With the enactment of the Finance Act, 2018, CBEC is renamed as the Central Board of Indirect Taxes and Customs (CBIC). The change...
Income Tax : The Lok Sabha on March 14, 2018 passed the Finance Bill 2018 after the Finance Minister Arun Jaitley moved as many as 21 amendm...
Corporate Law : In exercise of the powers conferred by sections 146, 178 and 191 of the Finance Act, 2018 (13 of 2018), the Central Government her...
Income Tax : CBDT releases Explanatory Notes to Provisions of Finance Act, 2018 vide Circular No. 8/2018 dated 26th of December, 2018 and expla...
Income Tax : CBDT has omitted provision related to exemption of transport allowance of Rs. 1,600 per month granted to an employee other than an...
Income Tax : Since the introduction of the Finance Bill, 2018 on 1st February, 2018, several queries have been raised in different fora on vari...
Excise Duty : Notification No. 12/2018-Central Excise Seeks to exempt 10% ethanol blended petrol from additional duty of excise (road and infras...
Central Government rescinds the notification No. 62/2008 –Central Excise, dated the 24th December, 2008, published in the Gazette vide, number G.S.R. 885(E), dated 24th December, 2008, except as respects things done or omitted to be done before such rescission.
Central Government hereby rescinds notification No. 38/2004 –Central Excise, dated 4th August, 2004 , published in Gazette vide, number G.S.R. 500(E), dated the 4th August, 2004, except as respects things done or omitted to be done before such rescission.
Central Government hereby rescinds notification No. 11/2015 –Central Excise, dated the 1st March, 2015 , published in Gazette of India vide, number G.S.R. 141(E), dated the 1st March, 2015, except as respects things done or omitted to be done before such rescission.
Central Government hereby rescinds the notification No. 10/2015 –Central Excise, dated the 1st March, 2015 , published in the Gazette of India vide, number G.S.R. 140(E), dated the 1st March, 2015, except as respects things done or omitted to be done before such rescission.
Seeks to further amend notification No. 27/2011- Customs dated the 1st March, 2011 so as to prescribe ‘Nil’ rate of export duty on Electrodes of a kind used for furnaces
Seeks to further amend notification No. 57/2017- effective rates of BCD on specified parts of cellular mobile phones and other electronic goods Customs dated the 30th June, 2017 so as to prescribe
Notification No. 20/2018-Customs Seeks to exempt Additional Duty of Customs (Road Cess) levied under section 116 of the Finance Act, 1999
Notification No. 19/2018-Customs Seeks to exempt Additional Duty of Customs (Road Cess) levied under section 103 of the Finance ( No. 2) Act, 1998
Central Government rescinds notification No. 59/99-Customs, dated11th May, 1999, published in Gazette vide, number 331( E), dated 11th May, 1999, except as respects things done or omitted to be done before such rescission.
Central Government rescinds notification No. 57/98-Customs, dated 1st August, 1998, published in the Gazette vide, number 420(E), dated the 1st August, 1998, except as respects things done or omitted to be done before such rescission.