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Customs Clearance Facilitation Committee Established

November 17, 2017 1296 Views 0 comment Print

Customs Clearance Facilitation Committee (CCFC) set up under the chairmanship of Chief Commissioner of Customs/Commissioner of Customs. CCFC expedites clearance of imported and export goods, and helps resolve grievances of trade and industry members.CCFC operating in Seaports, Airports, Inland Container Depots and Land Customs Stations

Cabinet approves creation of National Anti-profiteering Authority (NAA) under GST

November 17, 2017 2169 Views 0 comment Print

The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the creation of the posts of Chairman and Technical Members of the National Anti-profiteering Authority (NAA) under GST, following up immediately on yesterday’s sharp reduction in the GST rates of a large number of items of mass consumption.This paves the […]

Cabinet allows export of all varieties of pulses

November 16, 2017 828 Views 0 comment Print

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has given its approval for removal of prohibition on export of all types of pulses to ensure that farmers have greater choice in marketing their produce and in getting better remuneration for their produce. The CCEA also empowered the Committee chaired […]

Cabinet approves increase in carpet area of houses eligible for interest subsidy

November 16, 2017 1599 Views 2 comments Print

Cabinet approves the increase in the carpet area of houses eligible for interest subsidy under the Credit Linked Subsidy Scheme for the Middle Income Group under Pradhan Mantri Awas Yojana

Cabinet given Boost to infrastructure facilities for judiciary

November 16, 2017 1998 Views 0 comment Print

Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved continuation of the Centrally Sponsored Scheme (CSS) for Development of Infrastructure Facilities for Judiciary beyond 12th Five Year Plan i.e. from 01.04.2017 to 31.03.2020 to be implemented in a Mission Mode through National Mission for Justice Delivery and Legal Reforms with an estimated outlay of Rs.3,320 crore.

Beware of Fake Income Tax Refund emails

November 16, 2017 5256 Views 2 comments Print

For all of those who have Income Tax return and have received an e-mail stating that there has been an error in calculating your tax and a refund has to be issued, please ignore it.

178 Items on which GST rate has been brought down from 28% to 18%

November 16, 2017 5283 Views 0 comment Print

GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods

How to Locate / Search GST Practitioners on GST Portal

November 16, 2017 22242 Views 0 comment Print

Section 48 of the CGST Act provides for the authorisation of an eligible person to act as approved GST practitioner. A registered person may authorise an approved GST practitioner to furnish information, on his behalf, to the government. Taxpayers can now search & view the details and address of GST Practitioner (GSTP) on the GST […]

Report on Audit Quality Review (2016-17) of the Quality Review Board

November 15, 2017 1398 Views 0 comment Print

The Board has issued a Report on Audit Quality Review (2016-17) providing findings, analysis and summary of observations made by the Technical Reviewers in review reports during the period which is available at the website of the Quality Review Board

GOI launches BHARAT-22 Exchange Traded Fund (ETF)

November 14, 2017 1641 Views 0 comment Print

The Government of India launched today the BHARAT-22 Exchange Traded Fund (ETF) managed by ICICI Prudential Mutual Fund targeting an initial amount of about Rs. 8,000 Crore; This New Fund Offer is open till November 17, 2017 The Fund is expected to benefit long term and retail investors by providing an opportunity of participation in […]

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