Lok Sabha is set to take up the GST Bill for passage on Monday during which Prime Minister Narendra Modi will intervene, even as the Centre today continued efforts for its early ratification by the state assemblies. Giving the information that Lok Sabha will take up the GST Bill on Monday, a senior Union minister… Read More »
Administrative Structure of GST Key Points :- There are 9 classes of officers as per CGST Act, with 17 officers and a general class, whereas SGST Act contains 6 classes of officers, with a general class. As per Model GST Law , Board i.e the Central Board of Excise and Customs constituted under the Central Boards of Revenue… Read More »
Senior Union ministers have advised the nine Bharatiya Janata Party (BJP)- ruled states to call special sessions of their legislative assemblies to ratify the Goods and Services Tax (GST) Constitution amendment Bill by the end of this month. The Lok Sabha is slated to debate the Bill on Monday, a discussion in which Prime Minister… Read More »
Exposure Draft of Guidance Note on Combined Financial Statements – (05-08-2016)
Exposure Draft on amendment in Ind AS 102, Share Based Payments (August 2016) – (04-08-2016) Following is the Exposure Draft of changes proposed in Ind AS 102, Share Based Payments, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this… Read More »
Dear Professional Colleague, Greetings from Indirect Taxes Committee! The recent developments with respect to Goods & Services Tax (GST) has considerably raised hopes of its implementation in India by April 2017. The Constitution amendment bill for framing the law for setting up the Goods and Services Tax regime may be passed in this session of… Read More »
F.No.DIT(TPS-I)/01/2016-17/508 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Directorate of Income-tax (Taxpayer Services-I) New Delhi, the 2nd August, 2016 STANDARD OPERATING PROCEDURES (SOP) FOR ADMINISTERING TAX PAYER SERVICES 1. The Income-tax Department is committed to promote voluntary compliance with the direct tax laws through quality tax payer service.… Read More »
Money Bills Definition of Money Bills as per Section – 110 of Constitution of India 1950 110. (1) For the purposes of this Chapter, a Bill shall be deemed to be a Money Bill if it contains only provisions dealing with all or any of the following matters, namely— (a) the imposition, abolition, remission, alteration… Read More »
UNCORRECTED DEBATES RAJYA SABHA THE CONSTITUTION (ONE HUNDRED AND TWENTY-SECOND AMENDMENT) BILL, 2014 -(CONTD.) 03.08.2016 2-3PM (115 Kb) 3-4PM (161 Kb) 4-5PM (116 Kb) 5-6PM (158 Kb) 6-7PM (164 Kb) 7-8PM (190 Kb) 8-9PM (147 Kb) 9-10PM (138 Kb) 2-3PM 3-4PM 4-5PM 5-6PM 6-7PM 7-8PM 8-9PM 9-10PM
Brief Record of the Proceedings of the Meeting of the Rajya Sabha held on the 3 rd August, 2016 on The Constitution (One Hundred and Twenty-second Amendment) Bill, 2016 passed by Rajya Sabha on 03rd August 2016. Government Bill — Passed The Constitution (One Hundred and Twenty-second Amendment) Bill, 2016, as passed by Lok Sabha… Read More »