The Prime Minister, Shri Narendra Modi, today uploaded the Integrated Case Management Information System on the Supreme Court website, which marks the introduction of digital filing – a step towards paperless Supreme Court.
The Income Tax Department has made it easy for taxpayers to link their PAN with Aadhaar. It was reported that taxpayers were finding it difficult as their names did not match in both systems (Eg. Names with initials in one and expanded initials in another). Responding to such grievances,the Dept has come out with a […]
The Central Bureau of Investigation has arrested an Assistant Commissioner of Central Excise, LTU, Mumbai and a private person while demanding & accepting an alleged bribe of Rs. 1.25 crore (approx).
Registration process and payment of Fee for registration is end to end online for all the Acts administered by the Department (MVAT Act, CST Act, Entry Tax Act, Profession Tax Act, Luxury Tax Act and Sugarcane Purchase Tax Act.
THE PUNJAB GOODS AND SERVICES TAX BILL, 2017 A BILL to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the State of Punjab and the matters connected therewith or incidental thereto
Maharashtra, Uttar Pradesh (UP) and Gujarat together account for over half of the total investments attracted by real estate and construction sector in India as of December 2016, noted a recent study by apex industry body ASSOCHAM.
Issue 1: Whether provision for unspent Corporate Social Responsibility expenditure is required to be made as per Ind AS? Response: Paragraph 14 of Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets states:
One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.
Though both the Reserve Bank of India (RBI) and the Government have been working to tackle the problem of mounting bad loans, the ordinance on non-performing assets (NPAs) approved by President Pranab Mukherjee will define the way forward in this regard, a top RBI official said at an ASSOCHAM event held in Mumbai today.
The investigation revealed that Shri K.S. Chandrasekhar while working as Deputy Commissioner of Customs, Air Cargo Complex, Nedumbassery Airport, Ernakulam entered into a criminal conspiracy with Shri Raju Mathew & Shri George Bastin, Partners of M/s Mars Cargo Agencies, Cochin and favoured M/s Mars Cargo Agencies without any public interest, in the matter of clearing of goods without imposing applicable Customs Duty.
