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GST council constitutes 18 sectoral groups for smooth roll out of GST
10 June 2017 at 13:17As decided in the 14th Meeting of the GST Council held on 18th-19th May, 2017 in Srinagar, J&K, 18 Sectoral Groups have been constituted representing various sectors of the economy in order to ensure smooth roll-out of GST. These 18 Sectoral Grou
Enrollment as GST Practitioner
10 June 2017 at 13:17Dear Professional Colleagues,The new indirect tax regime, Goods & Services Tax (GST) is all set to roll out with effect from July 1, 2017.Section 22 of the Central Goods & Services Tax (CGST) Act, 2017 lays down the list of persons who are li
16th meeting of GST council to be held on 11th June
10 June 2017 at 13:17The Union Finance Minister to chair the 16th Meeting of the GST Council on Sunday, 11th June, 2017 The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the 16th Meeting of the GST Council scheduled to be held on
Coal ministry establishes GST facilitation cells
10 June 2017 at 13:17With a view to facilitate the implementation of GST for the stakeholders concerned with Ministry of Coal and its organizations, Secretary (Coal) held a meeting to review the status of preparedness for GST and the steps to be taken by the organization
FM reviews performance of Public sector banks
10 June 2017 at 13:17The Union Finance Minister Shri Arun Jaitley to review the performance of Public Sector Banks (PSBs) on 12th June, 2017 in the national capital. The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the meeting o
Daily Consumer goods to become cheaper after GST
09 June 2017 at 11:22Daily Consumer goods being used by the common man among others to become cheaper after GST. Implementation of Goods and Services Tax (GST) on the following items will have zero rate after the GST Law comes into force on 1st July, 2017. As a result of
CBDT notifies new Safe Harbour Regime
09 June 2017 at 11:22In order to reduce transfer pricing disputes, to provide certainty to taxpayers, to align safe harbour margins with industry standards and to enlarge the scope of safe harbour transactions, the Central Board of Direct Taxes (CBDT) has notified a new
FM asks MPs and MLAs to equip themselves with finer points in GST
08 June 2017 at 17:29The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley thanks all the political parties for their cooperation and contribution in making it possible to launch GST with effect from 1st July, 2017; Asks the Members of Parliamen
India signs measures to Prevent Base Erosion and Profit Shifting(BEPS) in Paris
08 June 2017 at 17:29India signs the Multilateral Convention to implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) in Paris today. The Union Minister of Finance, Defence and Corporate Affairs Shri Arun Jaitley signed the Multilateral
Permitting members to act as Insolvency Professional
08 June 2017 at 11:15AnnouncementPermitting members to act as Insolvency Professional underthe Insolvency and Bankruptcy Code, 2016 and related mattersPursuant to Section 2 (2) (iv) of the Chartered Accountants Act, 1949, the Council of the Institute has decided to incl
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