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Abcaus

FAQ on E-way Bill-Once generated it can be corrected-cancelled but can not be deleted

administrator September 12, 2017 GST
FAQ on E-way Bill-E-way Bill once generated can be corrected or cancelled but it can not be deleted. E-way Bill can be generated through SMS facility also What is an e-Way Bill? E-Way Bill is a document generated from the GST Common Portal by the registered persons or …

Agriculture loan waiver schemes estimated at Rs 2.2 lakh crore to Rs 4.2 lakh crore

administrator September 12, 2017 RBI
Agriculture loan waiver schemes estimated at Rs 2.2 lakh crore to Rs 4.2 lakh crore based on scenario-based analysis of possible size of debt waiver using account level data on bank credit. Reserve Bank of India Date : Sep 11, 2017 Mint Street Memos The Reserve Bank of India today …

Direct Tax Collections up-to August, 2017 in the current FY 2017-18 show Growth of 17.5%

administrator September 12, 2017 Income Tax
Direct Tax Collections up-to August, 2017 in the current FY 2017-18 show Growth of 17.5%. Beaten on demonetisaion and GDP front, Govt relies on tax figures   Press Information Bureau  Government of India Ministry of Finance 11-September-2017 19:12 IST Direct Tax Collections up-to August, 2017 in the current …

Counting of Specified Bank Notes-RBI says it uses hi-tech machines

administrator September 10, 2017 RBI
Counting of Specified Bank Notes-RBI says it uses hi-tech machines. Press had reported that RBI was not using machines for counting SBNs Reserve Bank of India September 10, 2017 RBI says it uses sophisticated machines for processing currency notes It has been reported in a section of the …

List of Goods-Changes in GST Rates recommended by GST Council in its 21st Meeting

administrator September 10, 2017 GST
LIST OF GOODS-CHANGES IN GST RATE RECOMMENDED BY GST COUNCIL IN ITS 21st MEETING HELD ON 9TH SEPTEMBER, 2017 1. The GST Council has recommended changes in the GST rates on the following goods: S. No. HSN   Description Present GST Rate Recommended GST rate 1. 0802 Walnuts, whether …

GST Council increases cess on mid-size-large cars and SUVs

administrator September 9, 2017 GST
GST Council increases cess on mid-size-large cars and SUVs. The increase is 2 % on mid size cars, 5% on Large cars and 7% on SUVs In its 20th meeting held on the 5th of August 2017, the GST Council had considered the issue of cess leviable on …

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