Swachh Bharat Cess @ 0.5% to be levied on all taxable services from November 11, 2015
The Government of India on 06-11-2015, decided to impose a Swachh Bharat Cess at the rate of 0.5% on all services, which
Continue readingNotifications
Notifications issued by various government departments, government bodies etc.
Bankruptcy Law Reforms Committee submitted its recommendations: Stakeholders can submit their comments on the report by 19th November
The Government constituted a Bankruptcy Law Reform Committee identifying Bankruptcy Law Reform as a key priority for improving the ease of doing
Continue readingService tax cannot be levied on mere transfer of title in immovable property
In order to resolve a long standing issue relating to levy of Service Tax on sale of flats/dwellings etc. after issue of
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Services in the ‘Manufacturing of Alumina and Aluminium’ and ‘Mining of Bauxite’ declared as ‘Public Utility Service’
On 26-10-2015, the Central Government on the satisfaction that the public interest so requires declared the services in the ‘Manufacturing of Alumina
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Existing and continuing NET and Non-NET fellowships to be looked into by the Review Committee
In order to bring about change in the higher education sector, the Government of India has decided to establish a Review Committee
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Comments invited on the draft business processes on GST registration, GST refunds and GST payments
On 11-10-2015, the Ministry of Finance put-up the draft business processes on GST registration, GST refunds and GST payments on https://mygov.in/group/department-revenue/ for
Continue readingAmendment approved by the Cabinet to ease exchange of information between India and Israel on tax matters
On 7-10-2015, the Union Cabinet approved the protocol amending the Convention and the Protocol between India and Israel for avoidance of double
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Complete ban on physical printing and sale of hard copies of Gazettes from October 1, 2015
The Government of India have decided to completely cease the physical printing and sale of hard copies of Gazettes of India and
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CBDT issued the simplified procedure for self declaration for non-deduction of tax from certain incomes
In order to reduce the cost of compliance and ease the compliance burden for both, the tax payer and the tax deductor,
Continue readingPersons holding undisclosed Foreign Assets advised to file their declarations well within time limit under One-Time Compliance Opportunity which will end on 30th September, 2015
The Finance Ministry on 21st September 2015 issued a press release advising the persons holding undisclosed foreign assets to file their declarations
Continue readingLast date for disclosure and payment of tax & penalty with respect to undisclosed foreign assets under the provisions of Black Money Act declared
On 01.07.2015, the Central Government notified 30.09.2015 as the date on or before which a person may make a declaration in respect
Continue readingFinance Ministry issued draft proposals for facilitating Electronic Transactions
On 22 June 2015, the Ministry of Finance issued draft proposals for facilitating electronic transaction in pursuance of the announcement made by
Continue readingSuggestions sought on the draft scheme of the proposed amendment for Computation of Arm Length Price in the Income-tax Act
On 22.05.2015, the Ministry of Finance uploaded the draft outlines of the new scheme of the Finance Act, 2014, which amended the
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The National Judicial Appointments Commission Act, 2014 and the Constitution (Ninety Ninth Amendment) Act, 2014 notified, collegium system of appointing judges comes to an end
On 13.04.2015, the Ministry of Law and Justice notified the National Judicial Appointments Commission Act, 2014 (NJAC Act) and the Constitution (Ninety
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Procedure for appointment of Non Official Directors (NODs) on the Boards of Public Sector Banks, Insurance Companies and Financial Institutions amended by the Government
On 01-04-2015, the Government of India amended the procedure for appointment of Non Official Directors (NODs) on the Boards of Public Sector
Continue readingServices in the Transport (other than Railways) for the carriage of passengers or goods (by land or water) declared as “Public Utility Service”
On 09-03-2015, the Central Government declared the services in the Transport (other than Railways) for the carriage of passengers or goods (by
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Income arising to the ‘Uttar Pradesh Electricity Regulatory Commission’ shall not be included in the total income for the purpose of Income Tax Act, 1961
On 10-03-2015, the Central Government in exercise of the powers conferred by Section 10 (46) of the Income Tax Act, 1961 hereby
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License by the Director General of Civil Aviation mandatory to operate scheduled air transport services
On 26-02-2015, the Central Government in pursuance of provision to Rule 78 of the Aircraft Rules, 1937 directed that no person shall
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Crop species or genera eligible for registration under Protection of Plant Varieties and Farmers’ Rights Act, 2001
On 21-01-2015, the Central Government notified the following genera or species (not being extant varieties and farmers’ varieties) namely, Canna, Gladioulus, Muskmelon,
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