Press Release Archive

The State GST Act approved by all States-UTs except Jammu and Kashmir

Author: | Categories: GST No comments
The State GST Act approved by all States-UTs except Jammu and Kashmir and are ready for the smooth roll-out of GST with effect from 1st July 2017 Ministry of Finance Press Release Dated: 21st June, 20147 All States/UTs except the State of Jammu & Kashmir, approves the State GST

Relaxation in return filing procedure for first two months of GST implementation

Author: | Categories: GST No comments
Relaxation in return filing procedure for first two months of GST implementation. No late fees and penalty would be levied for the interim period.

Builders asking entire payment before 1st July 2017 or pay higher GST deemed to be profiteering u/s 171 of GST law

Author: | Categories: GST 1 Comment
Builders asking entire payment before 1st July 2017 or pay higher GST tax incidence for payment made later shall be deemed to be profiteering u/s 171 of GST law Ministry of Finance Press Release 15-June, 2017 The CBEC and States have received several complaints that in view of the

Financial Resolution and Deposit Insurance Bill 2017-Cabinet approves proposal to introduce Bill

Author: | Categories: Finance Ministry No comments
Financial Resolution and Deposit Insurance Bill 2017-Cabinet approves proposal to introduce the Bill paving  way for setting up of Resolution Corporation Ministry of Finance Press Release 14-June, 2017 Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017 The Union Cabinet chaired by the Prime Minister

Carry forward of service tax credit in GST by Telecom Service Providers who have been allotted Spectrum in 2016

Author: | Categories: Finance Ministry, GST No comments
Carry forward of service tax credit in GST by Telecom Service Providers, who have been allotted Spectrum in auction conducted in 2016  Ministry of Finance Press Release 14-June, 2017 Carry Forward of unavailed Cenvat Credit in respect of assignment of right to use any natural resource under GST; Cenvat

Aadhaar Number must for filing Income Tax Return from 01-07-2017-CBDT clarifies

Author: | Categories: Income Tax No comments
Aadhaar Number must for filing Income Tax Return from 01-07-2017-CBDT clarifies that only partial relief  is given by Supreme Court for PAN invalidation. Ministry of Finance Press Release dated: 10th June, 2017 Following are the major highlights of the Hon’ble Supreme Court of India’s Judgement on Aadhar PAN Linkage:

Finance Minister to review performance of Public Sector Banks (PSBs) on 12th June 2017

Author: | Categories: Finance Ministry No comments
Finance Minister to review performance of Public Sector Banks (PSBs) on 12th June 2017. Main Agenda is NPAs, MSE Credit, Stand-up India and Mudra Yojana among other things Ministry of Finance Press Release Dated: 9th June, 2017 The Union Finance Minister Shri Arun Jaitley to review the performance of
error: Content is protected ! Share the page link instead