Circular No.08/2016-Customs F.No. 520/43/2015-Cus VI Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs North Block, New Delhi Dated the 8th March 2016 To, All Chief Commissioners of Customs/Customs (Preventive) All Chief Commissioners of Customs and Central Excise All Commissioners of Customs/Customs (Preventive) All Commissioners of… Read More »
Ready Mix Concrete Taxability of Ready Mix Concrete, now days has gathered a great impetus, due to various investigations and enquiries being raised by the excise department to collect excise duty. It is pertinent to note that till now, exemption Notification No. 12/2012-CE is applicable only to concrete mix, and in contrast, RMC {classifiable under… Read More »
INSURANCE (PROCEDURE FOR HOLDING INQUIRY BY ADJUDICATING OFFICER) RULES, 2016 NOTIFICATION NO. GSR 178(E) [F.NO.12018/1/2015-INS.II] DATED 17-2-2016 In exercise of the powers conferred by clause (la) of sub-section (2) of section 114 of the Insurance Act, 1938 (4 of 1938), the Central Government hereby makes the following rules, namely:— Short title and commencement 1. (1)… Read More »
SECTION 54 OF THE COMPETITION ACT, 2002 NOTIFICATION NO.SO 646(E) [F.NO.5/20/2011-CS], DATED 2-3-2016 In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3… Read More »
Ministry of Mines Notification New Delhi 4th March 2016 G.S.R. 279(E) Download : Minerals (Other than atomic and Hydro Carbons Energy Minerals ) Concession Rules 2016 Also Read : Amendment to the Mines and Minerals (Development and Regulation) Act, 1957
SECTION 268A OF THE INCOME-TAX ACT, 1961 FILING OF APPEAL OR APPLICATION FOR REFERENCE BY INCOME-TAX AUTHORITY CLARIFICATION ON APPLICABILITY OF CIRCULAR 21 OF 2015 LETTER F.NO.279/MISC./M-142/2007-ITJ (PART), DATED 8-3-2016 The monetary limits for filing appeals before the Income Tax Appellate Tribunals and High Courts were raised to Rs. 10 lakhs and Rs. 20 lakhs… Read More »
Online Subscriber Registration for NPS
National Pension System or NPS What is National Pension System? The Government of India (GOI) rolled out the NPS for all citizens of India from May 1, 2009 and Corporate sector from December, 2011. The person (employee/citizen) who joins the NPS will be known as “Subscriber” in the NPS. Under the NPS, each Subscriber will… Read More »
Cases of Violence Against Foreign Tourists The Ministry of Tourism does not compile the data regarding crime against foreign or domestic tourists. However, the National Crime Records Bureau (NCRB), Ministry of Home Affairs has started collecting data on crime against foreign tourists since 2014. Hence data on crime against foreign tourist prior to 2014… Read More »
New Dedicated Freight Corridors of Indian Railways Apart from Eastern(Ludhiana to Dankuni) and Western (Jawaharlal Nehru Port to Dadri) Dedicated Freight Corridors (DFCs) currently under implementation, in Budget Speech 2016-2017, it is proposed to take up the following freight corridors:-(i) East-West Corridor (2328 kms) (Kolkata-Mumbai); (ii) North-South Corridor(2343 km) (Delhi-Chennai); and (iii) East Coast Corridor… Read More »