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In the recent years, advancements in banking technology, progress in mobile banking and innovative technologies to facilitate digital payments have enabled large
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The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for liberalization, simplification and rationalization of the
Continue readingThe Government has demonetised the currency notes of Rs 500 and Rs 1,000 with effect from mid-night of 8th-9th November, 2016. Along
Continue readingRBI has informed that number of debit cards outstanding at the end of August 2016 was 71.2 crore. RBI has informed that
Continue readingIn order to remove any doubt about the current position of Income Tax Law with respect to gold jewellery, the following points are
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As reported by Times Now, the Lok Sabha passed the Taxation Laws (Second Amendment) Bill, 2016. The government proposed to levy total
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The President in exercise of the powers conferred by Article 223 of the Constitution of India, appointed Justice Nishita Nirmal Mhatre, senior-most Judge of
Continue readingThe “Ease of Doing Business” will be further enhanced for the Importers and Exporters by reducing/eliminating physical printouts for customs clearance. The
Continue readingThe President in exercise of the powers conferred by clause (1) of Article 224 of the Constitution of India appointed S/Shri Sanjeev Prakash Sharma,
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The Draft Model GST Law, Draft IGST Law and Draft Compensation Law which would be considered by the GST Council for approval
Continue readingThe Central Board of Direct Taxes (CBDT) has entered into four more unilateral Advance Pricing Agreements (APAs) on 22nd and 23rd November,
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A contract was signed with International Seabed Authority for Exploration of Polymetallic Sulphides in Indian Ocean on 26th September, 2016 in New
Continue readingPlease refer to our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. 2. With a view to enable members
Continue readingThe Central Board of Direct Taxes (CBDT) signed three (3) Bilateral Advance Pricing Agreements (APAs) here today taking the total number of
Continue readingA revised Agreement between India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal evasion (DTAA) with respect
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S.O. 3481(E).—The President in exercise of the powers conferred under clause (b) of sub-section (2) of Section 3 of the Legal Services Authorities
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With regard to the security protocol rules relating to differently abled persons at airports, the Bureau of Civil Aviation Security (BCAS), the
Continue readingThe Income Tax Department prescribes a list of transactions for which quoting of Permanent Account Number (PAN) is mandatory. These are listed
Continue readingPlease refer to our Circular DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. With a view to ensure compliance with
Continue readingPlease refer to our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. With a view to widen the existing
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