The Taxation Laws (Second Amendment) Bill, 2016 passed in Lok Sabha
As reported by Times Now, the Lok Sabha passed the Taxation Laws (Second Amendment) Bill, 2016. The government proposed to levy total
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Justice Nishita Nirmal Mhatre appointed Actg. CJ, Calcutta High Court
The President in exercise of the powers conferred by Article 223 of the Constitution of India, appointed Justice Nishita Nirmal Mhatre, senior-most Judge of
Continue reading‘Ease of Doing Business’ enhanced for Importers & Exporters by reducing physical print-outs/paper documents for customs clearance
The “Ease of Doing Business” will be further enhanced for the Importers and Exporters by reducing/eliminating physical printouts for customs clearance. The
Continue readingAppointment of Addl. Judges, Rajasthan High Court
The President in exercise of the powers conferred by clause (1) of Article 224 of the Constitution of India appointed S/Shri Sanjeev Prakash Sharma,
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Draft Model GST Law, Draft IGST Law and Draft Compensation Law placed in public domain for information of trade, industry and other stake holders
The Draft Model GST Law, Draft IGST Law and Draft Compensation Law which would be considered by the GST Council for approval
Continue readingCBDT signs 4 Unilateral Advance Pricing Agreements pertaining to various sectors of economy including pharmaceuticals, Information Technology & construction
The Central Board of Direct Taxes (CBDT) has entered into four more unilateral Advance Pricing Agreements (APAs) on 22nd and 23rd November,
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India signs contract with International Seabed Authority for Exploration of Polymetallic Sulphides in Indian Ocean
A contract was signed with International Seabed Authority for Exploration of Polymetallic Sulphides in Indian Ocean on 26th September, 2016 in New
Continue readingCash withdrawal for wedding restricted to Rs 2.5 lakhs along with stiff conditions
Please refer to our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. 2. With a view to enable members
Continue readingIndia and UK sign 3 Bilateral Advance Pricing Agreements
The Central Board of Direct Taxes (CBDT) signed three (3) Bilateral Advance Pricing Agreements (APAs) here today taking the total number of
Continue readingIndia and Cyprus sign revised Double Taxation Avoidance and the Prevention of Fiscal Evasion Agreement
A revised Agreement between India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal evasion (DTAA) with respect
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Justice Khehar nominated as Executive Chairman, National Legal Services Authority
S.O. 3481(E).—The President in exercise of the powers conferred under clause (b) of sub-section (2) of Section 3 of the Legal Services Authorities
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Security Protocol Rules Relating to Differently Abled Persons at Airports
With regard to the security protocol rules relating to differently abled persons at airports, the Bureau of Civil Aviation Security (BCAS), the
Continue readingTransactions in relation to which quoting PAN is mandatory
The Income Tax Department prescribes a list of transactions for which quoting of Permanent Account Number (PAN) is mandatory. These are listed
Continue readingDemonetisation: Banks to comply with Rule 114B of Income Tax Rules, 1962
Please refer to our Circular DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. With a view to ensure compliance with
Continue readingDemonetisation: Expanding distribution locations for deposit & withdrawal of cash
Please refer to our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. With a view to widen the existing
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Revamped Aadhaar Toll-Free Helpline No. 1947 Launched
Aadhaar Toll-Free Helpline No. 1947 to bring convenience to Aadhaar holders, provide solutions anytime, anywhere With the growing use of Aadhaar in
Continue readingRBI: Updated FAQs on Withdrawal of Specified Bank Notes
FAQs on Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of Rs 500/- and Rs 1000/- [Updated as
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Cabinet approves constitution of Special Committee for Inter-Linking of Rivers
Cabinet approves Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of judgment of Supreme Court The Union
Continue readingRBI: DCCBs can allow existing customers to withdraw up to Rs 24,000 from their accounts
Withdrawal of Legal Tender Character of existing Rs 500/- and Rs 1000/- Bank Notes – Applicability of the Scheme to DCCBs Please
Continue readingUsage of ATMs – Waiver of customer charges
A reference is invited to the circular DPSS.CO.PD.No.316/02.10.002/2014-2015 dated August 14, 2014 on rationalisation of number of mandatory free ATM transactions for savings bank
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