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Revisit Provisions Regulating Disciplinary Control Over Lawyers: SC

March 24, 2017 744 Views 0 comment Print

Supreme Court Directs Law Commission of India to Revisit the Provisions Relating to Regulation of Disciplinary Control Over Lawyers Under the Advocates Act

Promotion of Digital/Cashless Transactions by Government

March 24, 2017 855 Views 1 comment Print

The data on payment system indicators such as Paper Clearing, National Electronic Fund Transfer (NEFT) and National Automated Clearing House (NACH), registered growth in December, 2016 as compared to November 2016. However, the same showed a decline in January 2017 as compared to December 2016. • Immediate Payment Service (IMPS), Unified Payment Interface (UPI) and […]

Draft Law on Ponzi Schemes

March 24, 2017 903 Views 0 comment Print

A copy of the Report of the IMG along with the draft Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill was placed on the website of the Department of Financial Services (DFS) in March, 2016 for eliciting public comments.

Govt notifies Third Protocol Amending India-Singapore DTAA

March 24, 2017 819 Views 0 comment Print

Third Protocol amending India-Singapore Double Taxation Avoidance Agreement (DTAA) which was signed on 30.12.2016, has come into force on27.02.2017.

Amendment in Custom / Excise to facilitate GST & abolish cesses & surcharges

March 24, 2017 1503 Views 0 comment Print

Cabinet approves Amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST Regime

Railway official booked for accepting demonetized currency notes

March 24, 2017 1107 Views 0 comment Print

Cbi registers a case against an official of itarsi railway station and others for allegedly depositing old notes of rs.61 lakh (approx).The accused cheated the Government by accepting the licence fee in cash in the form of demonetized currency notes in violation of Government notification.

Download Finance Bill 2017 as passed by Lok Sabha

March 23, 2017 42879 Views 0 comment Print

Lok Sabha passes  Finance bill 2017 on 22.03.2017 with 189 Amendments to following Acts and 9 related schedules:- Income Tax Act, 1961 and Rules Custom Act,1962 Excise Duty Act, 1944 Finance Act, 1994 The Indian Trusts Act, 1882 The Indian Post Office Act, 1898 The Reserve Bank Of India Act, 1934 The Representation Of The […]

Case against two SBI officials for alleged violation of RBI guidelines

March 23, 2017 1461 Views 0 comment Print

It was alleged that during the period between 15.11.2016 and 25.11.2016, the Senior Special Assistant and Deputy Manager (Operations) of State Bank of India entered into a criminal conspiracy while the restrictions on distribution of currency notes due to demonetization were in force.

Remittance of Examination Fee for June, 2017 Session of CS Exam

March 22, 2017 6993 Views 0 comment Print

Please note that for all successful payment of examination fee through the Student Portal viz. https://smash.icsi.in , an acknowledgement/ fee receipt is instantly generated through the system. A specimen receipt is given below for ready reference.

Goods and Services Tax Act to help in reducing prices of various items

March 22, 2017 1158 Views 0 comment Print

For FDI, India is most preferred destination in the world today; independence i.e. Goods and Services Tax Act to help in reducing prices of various items

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