Daily Archives: March 22, 2016

Jewellers to deposit march 2016 Excise duty along with April 2016 Excise duty

By | March 22, 2016

Imposition of Central Excise duty on jewellery – regarding constitution of sub-committee of High Level Committee CIRCULAR NO.1021/9/2016-CX DATED 21-3-2016 In the Budget 2016-17, Central Excise duty at the rate of 1% (without input tax credit) and 12.5% (with input tax credit) has been imposed on all articles of jewellery (except for silver jewellery, other… Read More »

Report on Public Debt Management for Q3 (FY 2015-16 )

By | March 22, 2016

Quarterly Report on Public Debt Management for the Third (Q3) Quarter of FY 2015-16 (October-December 2015) released; Government issued Dated Securities worth Rs. 1,50,000 crore in ten tranches taking the Gross Borrowings from April-December of FY16 to Rs. 5,01,000 crore or 83.5 per cent of BE FY16, vis-à-vis 83.9 percent of BE FY15. Since April-June… Read More »

Tourism Helpline gaining popularity among Tourists

By | March 22, 2016

M/o Tourism’s Info/Helpline gaining popularity among Tourists 17911 calls received on it since its launch last month The Tourist Info/Helpline- Toll Free Number 1800111363 or a short code 1363 of the Ministry of Tourism is gaining popularity among Tourists and it has received a total of 17911 calls as on 20th March, 2016 since its… Read More »

Appointment of Additional Judges at Bombay High Court

By | March 22, 2016

Appointment of Additional Judges at Bombay High Court In exercise of the powers conferred by clause (1) of article 224 of the Constitution of India, the President is pleased to appoint (i) Smt. Swapna Sanjiv Joshi (ii) Shri Kishor Kalesh Sonawane, (iii) Shri Sangitrao Shamrao Patil, and (iv) Kumari Nutan D. Sardessai to be Additional… Read More »

Equalization Levy : Committee brings clarity

By | March 22, 2016

Equalization Levy   [ Extract from PROPOSAL FOR EQUALIZATION LEVY ON SPECIFIED TRANSACTIONS (Report of the Committee on Taxation of E-Commerce formed by the Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, Government of India ) February, 2016 ] Q Why Equalization Levy is being imposed ? Equalization Levy is intended to be a tax imposed… Read More »