Daily Archives: September 19, 2016

Search Seizure and Survey Under Income Tax Law- Book-2016

Search Seizure and Survey Under Income Tax Law Alongwith Special Chapters on Appeal and Settlement as Amended by Finance Act 2016 (English)  (Hardcover, S R Kharabanda) BUY Search Seizure and Survey Under Income Tax Law   Language: English Binding: Hardcover Publisher: Commercial Law Publishers (India) Pvt. Ltd. Genre: Others ISBN: 9789384245979, 9384245976 Publication Year 2016  

Before GST roll- out, Fast- track adjudication of Pending Cases

Before GST roll- out, old cases in fast lane September 19, 2016 Preparing to roll out the goods and services tax (GST), the indirect tax department has formulated a strategy to fast- track adjudication for a pile of existing service tax and central excise cases quickly. Adjudication powers of officers at different levels would be… Read More »

Category: GST

Why Modi is batting for GST roll out

Contrary to an earlier impression that the roll- out of the goods and services tax (GST) may be postponed to the middle of next year, there is now clarity within the Union government that April 1, 2017 will be the date for launching the new indirect taxes regime. Until a couple of weeks ago, there… Read More »

Category: GST

GST Comes in Way of Govt’s Plan to Scrap Old Vehicles

The government’s ambitious programme to get old, polluting vehicles off the road has hit an unexpected speed bump: Goods and Services Tax. The Voluntary Vehicle Fleet Modernisation Programme (V-VMP) is back on the drawing board as the government reviews its options to reward those who agree to junk their old vehicles to buy new, less… Read More »

Category: GST

Govt may advance winter session for GST roll out

Govt may advance winter session for GST roll- out n a bid to roll out the crucial goods and servicesTax (GST) from April 1 next year, the Modi government is considering to bring forward the winter session of Parliament to pass the Central GST(CGST) and Integrated GST Bills, and pave way for implementation of the… Read More »

Category: GST

Price Monitoring Structure Under GST in the Pipeline

The government is considering a price-monitoring mechanism under the proposed goods and services tax (GST) to ensure that the multiple benefits of the landmark reform are passed on and head off any unwarranted price shocks. States are also keen to ensure that the effects of GST provide a demand push to the economy. “A mechanism… Read More »

Category: GST

GST will have few tax slabs in transition period

GST will have a few tax slabs in transition period September 19, 2016 The Goods and Services Tax (GST) regime, which will usher in India’s biggest indirect tax reform measure, will have a few tax slabs and levy different rates in the ” transition period” before migrating to a single tax structure. According to Arjun… Read More »

Category: GST

Ind AS implementation – ICAI Support-desk

With the beginning of financial year 2016-17, the era of implementation of Ind AS has begun in India. In this regard, a number of issues are constantly being faced by the Small and Medium Practitioners (SMPs) and companies in the implementation of Ind AS. In view of this, it has been decided to launch a… Read More »

ICSI -Switchover from Professional Programme 2007(Old) Syllabus to 2012(New) Syllabus

The Institute of Company Secretaries of India ATTENTION STUDENTS! Important Announcement on Switchover from Professional Programme 2007(Old) Syllabus to 2012(New) Syllabus The Council of the Institute in its meeting held on 17th September, 2016 decided as under : 1. All 2007(Old) Syllabus Students shall be compulsorily required to switchover to 2012(New) Syllabus from December, 2016… Read More »