CAclubindia News

Rs 83346 crore collected under GST for October month

Rs 83,346 crores collected under GST for the month of October 2017, received in November (upto 27th Nov 2017) A sum of Rs 83,346 crores has been collected as Total Revenue Collection under GST for the month of October, received in November till 27th

Constitution of Fifteenth Finance Commission Notified

The Government of India, with the approval President of India, has constituted Fifteenth Finance Commission in pursuance of clause (1) of article 280 of the Constitution, read with the provisions of the Finance Commission (Miscellaneous Provisions) A

Post GST rates notified to boost exports and employment in textile sector

Post-GST rates Notified to boost exports and employment generation in the labour intensive textiles and apparel sector In order to support exports of readymade garments and made-ups, Government vide Notification No. 14/26/2010- IT dated 24th November

Latest FAQ on GST

CBDT releases Citizen charter for review

PROCEDURE FOR GRIEVANCES REDRESSAL(CLAUSE 7.3)A. For Buildings Where ASK is not functionalGrievance redressal mechanism : The grievances of assessees can arise due to a number of reasons - delay in transfer of files, harassment during a search, a sur

No proposal to withdraw Bank Chequebook facility clarifies Govt

In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal un

Ordinance to amend the Insolvency and Bankruptcy Code promulgated

Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulg

Continuation of the scheme on Indian Institute of Corporate Affairs

Cabinet approves continuation of the scheme on Indian Institute of Corporate Affairs beyond the 12th Plan Period The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation of the scheme on Indian Instit

Cabinet approves setting up of the 15th Finance Commission

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the setting up of the 15thFinance Commission. Under Article 280 (1) of the Constitution,it is a Constitutional obligation. The Terms of Reference for the 15thFinance Commissio

Task Force constituted for drafting New Direct Tax legislation

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesConstitution of Task Force for drafting a New Direct Tax Legislation During Rajaswa Gyan Sangam held on 1st and 2nd September, 2017, Hon�ble Prime Minister