Tag: Press Release

Taxing transaction of 50000 or more-No Final Decision taken as per recommendations of Chief Ministers Committee on Digital Payments

Taxing transaction of 50000 or more-No Final Decision taken as per recommendations of the Committee of Chief Ministers on Digital Payments Ministry of Finance Dated: 25th January, 2017 Press Release No Final Decision taken on the Recommendations of the Committee of Chief Ministers on Digital Payments constituted under …

Indirect Transfer provision-possible multiple taxation of the same income. Circular 41/2016 kept in abeyance-CBDT

Indirect Transfer provision-possible multiple taxation of the same income. Circular 41/2016 kept in abeyance considering representations-CBDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 17th January, 2017 PRESS RELEASE Clarification on Indirect Transfer provision under the Income Tax Act, 1961 …

Demonetization-historic decisions have temporary pain attached to them. Difficult decisions initially pass through difficult phases as Finance Minister

Demonetization-historic decisions have temporary pain attached to them-Finance Minister Ministry of Finance Press Release Dated 11/01/2017 On demonetization, Finance Minister Shri Arun Jaitley says that difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them. Stressing the implementation of GST, FM says …

India Uruguay agreement for Cooperation-mutual assistance in customs matters approved. It will help in prevention and investigation of Customs offences

India Uruguay agreement for Cooperation-mutual assistance in customs matters Ministry of Finance Dated: 04th January, 2017 Press Release Cabinet approves Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved signing and …

Restaurants billing service charges optional to pay by consumers who have discretion to pay such service charge or not-Press Release

Restaurants billing service charges optional to pay by consumers who have discretion to pay such service charge or not-Press Release Restaurants billing ‘service charges’ in addition to taxes is optional: Department of Consumer Affairs Consumer has discretion to pay ‘service charge’ or not: Department of Consumer Affairs A …