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Increase in Dearness Relief to Central Govt/ family pensioners to 9% w.e.f. 01.07.2018

September 18, 2018 750 Views 0 comment Print

President is pleased to decide that the Dearness Relief admissible to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 7% to 9% w.e.1 01 07.2018.

CBIC delays implementation of retaliatory duties till 2nd Nov 2018

September 17, 2018 711 Views 0 comment Print

CBIC Seeks to further amend the third proviso to Notification. No. 50/2017-Customs, dated 30th June, 2017 and to delay implementation of retaliatory duties till 2nd Nov 2018 vide Notification No. 62/2018-Customs Dated 17th September, 2018

Amendment in import policy conditions of pepper

September 17, 2018 699 Views 0 comment Print

Import Policy of Long Pepper revised from Prohibited to Free and Minimum Import Price (MIP) is not applicable on Long Pepper vide Notification No.33/2015-2020, Dated: 17 September, 2018.

Changes in Custom Law as per second protocol amending India Singapore CECA

September 14, 2018 495 Views 0 comment Print

CBIC seeks to further amend the Notification No. 73/2005 – Customs, dated the 22nd July, 2005 and Notification No. 10/2008- Customs, dated the 15th January, 2008 to bring about necessary changes as per the second protocol amending the India Singapore Comprehensive Economic Cooperation Agreement (CECA). GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification […]

CBIC to withdraw low tax effect pending appeal cases before 30.09.2018

September 14, 2018 825 Views 0 comment Print

With regard to the position of filing and withdrawal of cases falling below monetary limits, Chairman (CBIC) has directed that the entire exercise should be positively completed by 30.09.2018

CBDT Notifies State Load Despatch Centre Unscheduled Interchange Fund for exemption U/s. 10(46)

September 14, 2018 627 Views 0 comment Print

S.O. 4867(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the State Load Despatch Centre Unscheduled Interchange Fund- West Bengal State Electricity Transmission Company Limited (PAN AAIAS0980J), a trust constituted under the Electricity Act, 2003 (36 of 2003) in respect of the following specified income arising to that trust

CBDT Notifies ‘Tamil Nadu Water Supply and Drainage Board’ for exemption U/s. 10(46)

September 14, 2018 1686 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 52/2018-Income Tax New Delhi, the 14th September, 2018 S.O. 4866(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, ‘Tamil […]

CBDT Notifies ‘Jharkhand State Electricity Regulatory Commission’ for exemption U/s. 10(46)

September 14, 2018 393 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 51/2018-Income Tax New Delhi, the 14th September, 2018 S.O. 4865(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, […]

CBDT Notifies ‘West Bengal State Council of Science & Technology’ for exemption U/s. 10(46)

September 14, 2018 711 Views 1 comment Print

S.O. 4864(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, West Bengal State Council of Science & Technology, Kolkata, a society constituted by the Government of West Bengal, in respect of the following specified income arising to that Society

CBDT Notifies ‘Tripura Electricity Regulatory Commission’ for exemption U/s. 10(46)

September 14, 2018 339 Views 0 comment Print

S.O. 4863(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Tripura Electricity Regulatory Commission, a commission constituted by the State Government of Tripura, in respect of the following specified income arising to the said Commission

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