Tag: Press Release
Advisory to UIN Entities claiming GST Refunds. Wrong reporting of invoice data in FORM GSTR-11 or statement of invoice may lead to delay The GST Act provides for allotting a Unique Identification Number (UIN) to Consulates, Embassies and other UN Organizations to enable such entities to claim refund …
Examination for Confirmation of Enrollment of GST Practitioners to be conducted on 7th December, 2018 at designated Examination Centres across India The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Services Tax Practitioners …
Cabinet approves appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act, 1988 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act(PBPT), …
Last date to avail Input Tax Credit in respect of invoices or Debit Notes relating to such invoices pertaining to period from July, 2017 to March, 2018 – Clarification by Finance Ministry There appears to be misgiving about the last date for taking Input Tax Credit (ITC) in …
We are committed to arrange liquidity to IL& FS says Finance Ministry Firm and Decisive Government Action taken to preserve value and assets of IL& FS In a Press Released issued today, the Finance Ministry said that the Government stands fully committed to ensure much needed liquidity arranged …
Incorporation of LLP made fully online-Milestone in Ease of Doing Business Another Milestone in the direction of “Ease of Doing Business”: Incorporation of Limited Liability Partnership (LLP) through a complete online system made a reality Today, one can start business by incorporating a company through an on-line process …
Government constitutes Competition Law Review Committee to review the Competition Act passed in 2002. Government constitutes Competition Law Review Committee to review the Competition Act In pursuance of its objective of ensuring that Legislation is in sync with the needs of strong economic fundamentals, the Government has constituted a …
High Level Committee Constituted on CSR to review existing framework and guide / formulate roadmap for a coherent policy of CSR High Level Committee Constituted on Corporate Social Responsibility A High Level Committee on Corporate Social Responsibility – 2018 (HLC-2018) has been constituted under the Chairmanship of Shri. …
Sale of Electoral Bonds at 29 Authorised Branches of State Bank of India (SBI) starts with effect from 01st October, 2018 to 10th October, 2018. The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd January 2018. As per provisions of …
Basic customs duty increased on 19 items to control current account deficit. Increased rates effective from 27.09.2018, midnight of 26th September 2018 The Central Government has increased basic customs duty on various products to curb the import of certain imported items. The total value of imports of these items …
