CAclubindia News

Revised Monetary Limits for adjudication of Show Cause Notice in Central Excise and Service Tax

30 September 2016 at 10:48

Circular No. 1049/37/2016-CX F. NO. 267/40/2016-CX.8 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS New Delhi, dated the 29thSeptember, 2016 To,All principal Chief Commissioners/Chief Commissioners o

Posted in Excise | 7104 Views

India climbs to 39th place in Global Competitiveness index

29 September 2016 at 10:48

India climbs steadily in the Global Competitiveness Index; Improves its ranking by 16 places for the second year in a row;. Now placed 39th among 138 countries, ahead of BRICS countries other than China. The Union Finance Minister Shri Arun Jaitley

Posted in Professional Resource | 3174 Views

Service Tax Return Form ST3 has been amended

28 September 2016 at 20:37

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and CustomsNew Delhi, the 28 September, 20166 Asvina, 1938 SakaNotificatio

Posted in Service Tax | 9954 Views

Presentation by CBEC on GST

28 September 2016 at 10:48

PRESENTATION PLAN Why GST : perceived benefits Existing indirect tax structure Features of constitution amendment bill Features of proposed GST model Features of draft GST law GSTN Role of CBEC Way forwardPFA the enclosed attachment to view the prese

Posted in GST | 1 comments | 10407 Views

IDS declaration counter to remain open till midnight on 30th September

28 September 2016 at 10:47

In order to facilitate the declarants, counters for receiving declarations under the Income Declaration Scheme - 2016 to remain functional till 12:00 midnight on 30th September, 2016. In order to facilitate the declarants who would like to file the d

Posted in Income Tax | 2907 Views

GST draft Rules and Formats released

26 September 2016 at 16:44

GST draft Rules and Formats released. Changes in the Model GST Law are being carried out separately.PFA the enclosed file for more details

Posted in GST | 4 comments | 15210 Views

Issue date of Sovereign Gold bond postponed to Sep 30

24 September 2016 at 12:56

Government decides to shift the issue date of the Sovereign Gold Bonds 2016-17 Series-II from September 23, 2016 to September 30, 2016 in view of large number of applications being received by banks and post offices The Government of India in consult

Posted in Community & General | 3513 Views

FM releases FAQ on GST

22 September 2016 at 10:47

The Union Finance Minister Shri Arun Jaitley released a Booklet containing Frequently Asked Questions (FAQs) relating to Goods and Services Tax (GST). Speaking on the occasion, the Finance Minister Shri Jaitley lauded the efforts of the officials ass

Posted in GST | 2 comments | 10557 Views

Cabinet approves merger of Rail budget with General Budget

22 September 2016 at 10:47

The Union Cabinet has approved the proposals of Ministry of Finance on certain landmark budgetary reforms relating to (i) the merger of Railway budget with the General budget, (ii) the advancement of the date of Budget presentation from the last day

Posted in Community & General | 3342 Views

Certificates will be issued to individual taxpayers

20 September 2016 at 10:49

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesSub: Finance Minister conveys Government’s Appreciation to tax payers for their contribution towards Nation building.The Government acknowledges the contrib

Posted in Income Tax | 3 comments | 9477 Views