The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the Civil Aviation Policy. This is the first time since Independence that an integrated Civil Aviation Policy has been brought out by the Ministry of Civil Aviation.
W. e. f. June 1, 2016, the e-TDS/TCS, Form 24G and Annual Information (AIR) acceptance fees have been revised as under: 1. Statements having up to 100 records:- Rs. 44.00 (inclusive of service tax) 2. Statements having 101 to 1000 records:- Rs. 205.00 (inclusive of service tax) 3. Statements having more than 1000 records:- Rs. […]
Rise, the fintech innovation platform created by Barclays, launches today in Mumbai. Finalists of Risehack, a fintech Hackathon, will present their projects as part of the launch event. Mumbai, 15 June 2016 – Barclays today opened the doors of Rise Mumbai, the latest addition to its network of physical spaces designed to bring together the […]
Consultation Paper- Continuous disclosures to be made by Infrastructure Investment Trusts registered under the SEBI (Infrastructure Investment Trusts) Regulations, 2014 1. Real estate and infrastructure sectors are considered to be the two most fundamental sectors for the growth of any economy. They contribute to the economy directly by creating employment opportunities and stimulating demand, and […]
The Empowered committee of State Finance Ministers has today released the much awaited model GST law June, 2016 for public debate. The new law has two Acts:-1. Goods and Services Tax Act’ 2016 2. Integrated Goods and Services Tax Act’ 2016
Dispensation of GMCS-I by merging its syllabus with Orientation Course for 15 days (90 hours) – (14-06-2016) The Council has decided to dispense with the General Management and Communication Skills (GMCS) – I Course and merge its syllabus with Orientation Programme. Hence forthwith, it will be known as Orientation Course. Accordingly, it has been decided […]
With a view to examine the consequential issues arising out of amendments to India – Mauritius Double Taxation Avoidance Convention and related issues, a Working Group headed by Joint Secretary (FT&TR-II), CBDT and comprising of departmental officers and representatives of SEBI, custodians, brokerage firms and fund managers has been constituted.
As per OECD survey Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks.
Ease of Doing Business- Updated till 07.06.2016 India’s rank in the Doing Business Report 2015 was 142 among 189 countries, which improved to 130 in the Doing Business Report, 2016. Government of India has emphasized on the importance of ‘Ease of Doing Business’ and it is a major pillar of ‘Make in India’ initiative. It […]
The Ministry has proposed that the refund process should be completed within 15 working days in case of domestic travel and 30 working days in case of international travel. It also proposed that in case of cancellation of tickets, statutory taxes and user development fee/airport development fee/passenger service fee shall be refunded.
