Daily Archive: Friday, July 21, 2017

Extension of time limit to opt composition levy to 16 Aug 2017 for dealers granted provisional GST registration

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Extension of time limit to opt composition levy to 16 Aug 2017 for dealers granted provisional GST registration (registered under any old Law) F. No. 345/114/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing *** New Delhi, the 21st

 

Income Tax Internal Audit-Revised Instruction No. 06/2017 by CBDT

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Income Tax Internal Audit-Revised Instruction No. 06/2017. In the light of C&AG observations, CBDT has issued a revised and comprehensive instruction  Income Tax Internal Audit-Revised Instruction No. 06/2017 In the light of C&AG observations, the working of the Internal Audit set up in the Income tax Department has been

 

Publication of names of tax defaulters in public domain. Notice must be given to assessee.

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Publication of names of tax defaulters in public domain. Notice must be given to assessee. CBDT seeks list of defaulters as per naming and shaming policy Notice for publication of name must be given to tax defaulter assessee In a recent letter written by CBDT to all the Income Tax

 

GST Central Monitoring Committee Constituted to monitor the impact of GST

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Central Monitoring Committee Constituted to monitor impact of GST Press Information Bureau  Government of India Ministry of Finance 21-July-2017 17:22 IST Government has constituted a Central Monitoring Committee headed by the Cabinet Secretary to monitor the impact of GST  The Government of India has setup a Central Monitoring Committee

 

India largest remittance receiving country in the world in 2016

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India largest remittance receiving country in the world in 2016. India leads the table with 62.70 US$ billion followed by China  Press Information Bureau  Government of India Ministry of Finance 21-July-2017 17:26 IST Remittances from Abroad  As per the World Bank, India is the largest remittance receiving country in

 

Number of GSTN Registration crosses 77.5 lakhs

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Number of GSTN Registration crosses 77.5 lakhs Press Information Bureau  Government of India Ministry of Finance 21-July-2017 17:27 IST Number of Registration of GSTN crosses 77.5 lakhs Till 18th July 2017, the total number of GSTIN registrations is 77,55,416.  No major problems have been reported post Goods and Services

 

Constitution of GST Feedback and Action Room FAR wef 26-06-2017

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Constitution of GST Feedback and Action Room FAR wef 26-06-2017 Press Information Bureau  Government of India Ministry of Finance 21-July-2017 17:26 IST Government constitutes a GST Feedback and Action Room (FAR) w.e.f. 26-06-2017 to review the information, calls, media inputs etc received from Ministries, State Governments, field formations, social