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Salient features of revised PCA framework for banks

April 13, 2017 1140 Views 0 comment Print

The provisions of the revised PCA framework will be effective from April 1, 2017 based on the financials of the banks for the year ended March 31, 2017. The framework would be reviewed after three years.

IRDA (Insurance Web Aggregators) Regulations, 2017

April 13, 2017 14946 Views 0 comment Print

(a) These Regulations may be called the Insurance Regulatory and Development Authority of India (Insurance Web Aggregators) Regulations, 2017

Service Tax on Import / Export of goods by a vessel

April 13, 2017 8511 Views 0 comment Print

Seeks to amend notification No. 30/2012-ST dated 20.06.2012 so as to specify the importer as defined under clause (26) of section 2 of the Customs Act, 1962 (52 of 1962) of goods as the person liable for paying service tax in case of services provided or agreed to be provided by a person located in […]

Point of Taxation (Amendment) Rules, 2017

April 13, 2017 8175 Views 0 comment Print

Insertion of Rule 8B in Point of Taxation Rules, 2011 for Determination of point of taxation in case of services provided by a person located in non-taxable territory to a person in non-taxable territory.

Service Tax (Third Amendment) Rules, 2017

April 13, 2017 11241 Views 0 comment Print

Seeks to amend Service Tax Rules, 1994 so as to,(i) Specify the importer as defined under clause (26) of section 2 of the Customs Act, 1962 (52 of 1962) of goods as the person liable for paying service tax in case of services provided or agreed to be provided by a person located in non-taxable […]

Duty of employer to inform employee of his rights for Compensation

April 12, 2017 3168 Views 0 comment Print

Section 17A. Every employer shall immediately at the time of employment of an employee, inform the employee of his rights to compensation under Employee’s Compensation (Amendment) Act, 2017.

Central Goods and Services Tax Act, 2017

April 12, 2017 521028 Views 0 comment Print

1. (1) This Act may be called the Central Goods and Services Tax Act, 2017. (2) It extends to the whole of India except the State of Jammu and Kashmir. An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and for matters connected therewith or incidental thereto.

Integrated Goods and Services Tax Act, 2017

April 12, 2017 100128 Views 1 comment Print

An Act to make a provision for levy and collection of tax on inter-State supply of goods or services or both by the Central Government and for matters connected therewith or incidental thereto.

Union Territory Goods and Services Tax Act, 2017

April 12, 2017 14655 Views 0 comment Print

1. (1) This Act may be called the Union Territory Goods and Services Tax Act, 2017. (2) It extends to the Union territories of the Andaman and Nicobar Islands, Lakshadweep, Dadra and Nagar Haveli, Daman and Diu, Chandigarh and other territory.

GST (Compensation to States) Act, 2017

April 12, 2017 30837 Views 0 comment Print

1. (1) This Act may be called the Goods and Services Tax (Compensation to States) Act, 2017. (2) It extends to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

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