Daily Archives: September 17, 2016

Gujarat may use GST to woo U.S.

By | September 17, 2016

Several U.S. State Governors and Amazon founder Jeff Bezos are likely to participate in the 2017 edition of the Vibrant Gujarat Summit. A team of officials from the State government and Invest India led by Gujarat Resident Commissioner Bharat Lal met U.S. business leaders and lawmakers this week in several cities. The passage of the… Read More »

Category: GST

Maharashtra approves VAT, petrol hike as it prepares for GST roll-out

By | September 17, 2016

Maharashtra:- From electronic goods and four-wheelers to petrol and spices, a number of consumer durables and food products are set to get costlier with the Bharatiya Janata Party (BJP)-led government approving a hike to value-added tax (VAT) for the second time this fiscal, citing rising expenses on the state’s various infrastructure development schemes. The state… Read More »

Category: GST

GST Council is fighting against time

By | September 17, 2016

The goods and services tax (GST) council that has been notified this week will be another important step towards cooperative federalism. Earlier, states had no role in deciding central taxes, but now, under GST, the council will decide on the central GST rate and the state GST rate. It will have the important responsibility of… Read More »

Category: GST

Book on Labour Laws Practice & Procedures with Model Forms

By | September 17, 2016

Practice & Procedures of Labour Laws with Model Forms (English)  (Hardcover, H.L. Kumar) BUY Features of  Practice & Procedures of Labour Laws with Model Forms Publication Year 2016 July This book is designed to meet the requirements of those connected with labour management and for ensuring compliances of labour-related laws. It will be of great help to… Read More »

Book on Insurance Law and Practice

By | September 17, 2016

Insurance Law and Practice (English)  (Hardcover, Dr. C.L. Tyagi, Dr. (Mrs.) Madhu Tyagi) BUY The book is primarily prescribed for B.com, BBA and MBA students offering Insurance as a major or minor subject. The book covers new topics like creditability theory, back dating, insurance frauds and is comprehensive. Those offering insurance as a professional may find… Read More »

Draft Bill of Major Port Authorities Act 2016 uploaded on Govt Website

By | September 17, 2016

Draft Bill of ‘ Major Port Authorities Act, 2016 ’ uploaded on Ministry’s Website for Comments from Various Stakeholders The Ministry of Shipping has prepared a draft Bill “ Major Port Authorities Act, 2016 ” to replace the Major Port Trusts Act, 1963.  With a view to promote the port infrastructure and facilitate trade and… Read More »

TDS -amount paid to visiting doctors on basis of patients attended would attract sec. 194J TDS and not sec. 192 TDS

By | September 17, 2016

IN THE ITAT BANGALORE BENCH ‘C’ Hosmat Hospital (P.) Ltd. v. Assistant Commissioner of Income-tax, (TDS), Circle 18 (1), Bangalore VIJAY PAL RAO, JUDICIAL MEMBER AND INTURI RAMA RAO, ACCOUNTANT MEMBER IT APPEAL NOS. 572, 575, 576, 879, 880 & 881 (BANG.) OF 2014 [ASSESSMENT YEARS 2011-12 TO 2013-14] AUGUST  11, 2016 S. Annamalai, Adv.… Read More »

Corrigendum to Notification No. S.O.2380(E) dated the 12th July 2016

By | September 17, 2016

Corrigendum to Notification No. S.O.2380(E) dated the 12th July 2016 MINISTRY OF FINANCE (Department of Revenue) Notification No. 62/2016 CORRIGENDUM New Delhi, the 14th September, 2016 S.O. 2943(E).-In the notification of the Government of India, Ministry of Finance (Department of Revenue) number S.O.2380(E) dated the 12th July 2016, PUBLISHED IN THE Gazette of India, Extraordinary,… Read More »

DGFT Clarify on issuance of Free Sale & Commerce Certificate to Merchant Exporters

By | September 17, 2016

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE NEW DELHI POLICY CIRCULAR NO 02/2015-20  Dated: September 15, 2016 Subject: Issuance of Free Sale & Commerce Certificate to Merchant Exporters – reg. Para 2.37 of Hand Book of Procedure, 2015-2020 deals with the issue of Free Sale &… Read More »