Action on the information provided by the foreign Government regarding banks accounts held by Indians in Liechtenstein and Switzerland Action under the Income-tax Act, 1961 has been taken on the 12 trusts/entities, involving 26 individuals of Indian origin/nationality, based upon the information received from the German Tax Authorities under the Double Taxation Avoidance Agreement (DTAA)… Read More »
Currency Demonetisation- Boon for the Real Estate and Housing Demonetisation move to bring correction in property prices This will help realize the dream of ‘Housing for All’ *Vinod Behl The Modi government’s surgical strike against black money by way of demonetisation of high value currency notes, is set to shake up the real estate sector,… Read More »
Reports of circulation of fake Rs. 10 coin Government is aware of the reports of circulation of fake Rs. 10 coin in a number of States/UTs. Two factories were unearthed in Bawana and a case was registered vide FIR No. 816/16 dated 01/10/2016 u/s 243/232/234/235/344/120B IPC P.S. K.N. Katju Marg, Delhi. Fake coins of Rs.… Read More »
Comments / inputs / suggestions on the Draft Bill on Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill, 2016 invited up to 17th December 2016. The revised Draft “Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill, 2016” (Version 2.0), has been uploaded on the website of the Department of… Read More »
Government announces measures to ease demonetization Government announces measures to ease demonetization
There is no question of rolling back the Demonetisation move: FM Arun Jaitley
Action against officials not coming back to Original Office after Foreign Deputation The Department of Personnel & Training had issued instructions/guidelines under AIS (Leave) Rules vide letter No. 11019/05/2015-AIS-III dated 3/11/2015 to process deemed resignation in respect of AIS officers, for being unauthorisedly absent after expiry of leave/study leave/foreign assignment etc. and completion of one… Read More »
The Central Government takes several decisions to facilitate farmers, small traders, Group ‘C’ Employees of Central Government including equivalent levels in the Defence and Para Military Forces, Railways and Central Public Sector Enterprises in the aftermath of the cancellation of the legal tender character of the old Rs. 500 and Rs. 1000 notes; Also decides… Read More »
Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs (CBEC) No.136/2016-CUSTOMS (N.T.), dated 3rd November, 2016, except as respects things done… Read More »
online portal for facilitating trade between India and Iran An Online Portal for facilitating trade between India and Iran was launched today by Dr. Inder Jit Singh, Additional Secretary, Department of Commerce in the presence of H.E. Mr. Gholamreza Ansari, Ambassador of Islamic Republic of Iran, Mr. Khaleel Rahim, CMD, STC, and other Directors of… Read More »