Tag: Press Release
MCA constitutes committee to review decriminalisation of offences under the Companies Act 2013 where a penalty could be levied instead MCA has constituted a 10-Member Committee to review the offences under the Companies Act, 2013 The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by …
Examination for Confirmation of Enrollment of GST Practitioners National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Service Tax Practitioners (GSTP) in terms of sub-rule (3) of rule 83 of the Central Goods and …
Use of Aadhaar in Ayushman Bharat – Desirable and not “Must” Some newspapers have reported today that the use of Aadhaar Card will be a “must” to avail benefits under the Ayushman Bharat – National Health Protection Mission. This is factually incorrect. Notification of the Ayushman Bharat – …
CCI passes order under Lesser Penalty Provisions against broadcasting service providers for rigging bids in tenders by Sports Broadcasters This case was taken up by Competition Commission of India (‘CCI’) suo motu under Section 19 of the Competition Act, 2002 (‘the Act’) based on the disclosure by Globecast India Private …
Increase in threshold monetary limits for filing Departmental Appeals at Appellate Tribunals, High Courts and the Supreme Court Major Steps taken for Reducing Tax Litigations In order to reduce the long pending grievances of taxpayers and to minimise litigations pertaining to tax matters and to facilitate the Ease …
More than Rs 70000 crore of refunds issued in dedicated fortnight and more than 20000 matters disposed – CBDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 4th July, 2018 PRESS RELEASE Special drive for expeditious clearance of pending appeal …
UPA Model of GST was flawed – Ex Finance Minister Arun Jaitely On the occasion of GST Day (1st July) the Ex Finance Minister Arun Jaitely has tried to convince people that UPA Model of GST was flawed. No wonder, Shri Jaitely must be very conscious that GST was …
Fresh cases of Panama Papers leaks released by media today are under scanner of enforcement agencies, shall be addressed within a reasonable time frame-Finance Ministry Soon after fresh records of Panama Papers has been released by media with more than 1.2 million fresh documents of which at least 12,000 …
MCA invites comments from stakeholders on introductory note and draft on Cross-Border Insolvency The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border …
GST Special Refund Fortnight Extended to 14.06.2018 in view of the overwhelming response. Earlier, GST Special Refund Fortnight was announced to be organized from 31.05.2018 to 14.06.2018 in which Center and State GST officers will strive to clear all GST refund applications received on or before 30.04.2018 Thus information …