Tag: Press Release
Social media rumor-temple trusts liable to pay GST while churches and mosques exempt. Finance Ministry appeal people not to start circulating wrong message. Ministry of Finance Press Release 03-July, 2017 20:51 IST Appeal to people not to start circulating wrong messages on social media as no distinction is …
Myths and reality about GST Law-7 misconceptions Ministry of Finance Press Release 02-July, 2017 The Revenue Secretary, Government of India, Dr. Hasmukh Adhia busts seven misconceptions about newly implemented law relating to Goods and Services Tax (GST). The Revenue Secretary, Government of India, Dr. Hasmukh Adhia through a …
No proposal to make Aadhaar mandatory for availing train concessions. Railways Ministry clarify misleading news item social media platforms Ministry of Railway 30-June, 2017 Clarification by Ministry of Railways regarding Media News about New changes from 1st July, 2017Â The News in circulation about new changes by Railways …
Cabinet approves recommendations of 7th CPC on allowances. HRA floor rate is calculated @ 30%, 20% and 10% of minimum pay of Rs. 18000 Cabinet approves recommendations of the 7th CPC on allowances The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the recommendations of …
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 …
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 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 …
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 …
Carry forward of service tax credit in GST by Telecom Service Providers, who have been allotted Spectrum in auction conducted in 2016Â 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; …
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 …
