CAclubindia News
Lok Sabha Passes all four GST bills
30 March 2017 at 10:50The Prime Minister, Shri Narendra Modi, has congratulated the countrymen on the passage of GST Bill."GST बिल पास होने पर सभी देशवासियों को बधाई | नया साल, नया कानून, नया भारत!", the Prime Minister said.
Extension of banking hours on 31st March
29 March 2017 at 11:40Circular No 205/3/2017-Service Tax F. No. L37/155/2.012- Service Tax (Part II) Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Service Tax Wing * New Delhi, dated the 27th March,2017 To All Principal
GST bill analysis by ICMAI
29 March 2017 at 11:201. GST Bills 2017: CGST Bill 2017 UTGST Bill 2017 IGST Bill 2017 The Goods & Services Tax (Compensation To States) Bill, 20172. Clause by Clause Analysis for : CGST Bill 2017 UTGST Bill 2017 IGST Bill 2017Presentation on GST Bill - 2017
CBEC renamed as Central Board of Indirect Taxes and Customs (CBIC)
27 March 2017 at 10:59FM approves the re-organisation of the field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax (GST); CBEC is being renamed as the Central Board of Indirect Taxes & Customs (CBIC), a
ITD searches resulted in admission of undisclosed income of Rs 45622 crore
25 March 2017 at 12:55ITD conducted searches in about 2534 groups of persons led to admission of undisclosed income of about Rs. 45,622 crore apart from seizure of undisclosed assets (cash, jewellery etc) worth about Rs. 3,625 crore As part of enforcement measures and bas
Releasing of GST Compensation to States
25 March 2017 at 12:55Pending introduction of GST in the Country, Union Cabinet in its meeting held on 17.03.2015, decided for payment of 100% CST compensation to the States/UTs for year 2010-11, 75% CST compensation for year 2011-12 and 50% CST Compensation for year 2012
Cabinet abolishes cesses and surcharges in Custom and Excise to facilitate GST implementation
23 March 2017 at 13:27Cabinet approves Amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST Regime Union Cabinet chaired by the Prime Minister Shri Narendra Modi has a
GST to help in reducing prices of various items
23 March 2017 at 12:05FM: Government to focus on two important areas including building infrastructure on war footing and substantial expenditure on development of rural India; For FDI, India is most preferred destination in the world today; Major indirect tax reform in
Payment of Wages by cheque or crediting to bank accounts
21 March 2017 at 10:59The present wage limit for applicability of the provisions of the Payment of Wages Act, 1936 is Rs. 18,000/- per month. The Act has been amended by Payment of Wages (Amendment) Act, 2017 (effective from 28.12.2016) to enable the employers to pay wage
Union Cabinet chaired by the PM approves the 4 GST related bills today
20 March 2017 at 16:49The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approves the four Goods and Services Tax (GST) related bills today The GST law will be the biggest reform in the area of Indirect Taxes in the history of independent India The Union C
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