Ministry of Railways amends Refund Rules
The Ministry of Railways in order to help the genuine passengers and to plug the scope of misuse of ticketing activity by
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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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The Arbitration and Conciliation (Amendment) Ordinance, 2015
The President on 23rd October 2015 promulgated an ordinance to amend the Arbitration and Conciliation Act, 1996. The Ordinance is majorly aimed
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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
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Union Government released Rs. 2000 crore to Employees’ Pension Scheme, 1995
The Union Government has released a sum of rupees 2,000 crore to the Employees Pension Scheme (EPS), 1995 as its contribution for
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Urban Development Ministry comes out with Smart National Common Mobility Card model
On 1.09.2015, the Ministry of Urban Development has issued a notification that it has come out with a Smart National Common Mobility
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2nd and 4th Saturday of every month declared as public holiday for banks
On 20.08.2015, the Central Government in exercise of the powers conferred by Section 25 of the Negotiable Instruments Act, 1881 declared the
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21 districts of Bihar notified as ‘backward areas’ to provide them additional tax benefits for faster growth
The Finance Act, 2015 amended the provisions of the Income-Tax Act, 1961 to provide certain tax benefits to notified backward areas in
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Licence to be suspended for at least 3 months in case of violation of road safety laws
On 18.08.2015, the Committee constituted by the Supreme Court of India to monitor and measure implementation of road safety laws in the
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Lok Sabha passed the Delhi High Court (Amendment) Bill, 2014
The Lok Sabha on August 5, 2015 passed the Delhi High Court (Amendment) Bill, 2014 which was passed by the Rajya Sabha
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Lok Sabha passed Negotiable Instrument (Amendment) Bill to clarify territorial jurisdiction in Bounced-Cheque cases
Lok Sabha passed the Negotiable Instruments (Amendment) Bill, 2015 which was introduced in Lok Sabha on 27.7.2015 by the Finance Minister Mr.
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Lok Sabha passed Amendments to the SC/ST (Prevention of Atrocities) Act, 1989
The Lok Sabha passed the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Bill, 2014 which seeks to replace the
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Special Court for the purpose of trial of Malegaon Bomb Blast case, constituted
On 10.07.2015, the Central Government notified the City Civil Court and Additional Sessions Judge, Greater Bombay (Court No. 26) as Special Court
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