Category Archives: Notifications

Govt given back date Service Tax Exemption on transportation by educational institutions to students, faculty and Staff

By | October 1, 2016

Service Tax Exemption on  Service of transportation, by educational institutions to students, faculty and staff for the period commencing on and from the first day of April, 2013 and ending with the tenth day of July, 2014. Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 45/2016-Service… Read More »

Interest rates cut on PPF and Sukanya Scheme for 3rd quarter by Govt

By | September 30, 2016

Govt. cuts interest rates on PPF and Sukanya Scheme for 3rd quarter Download Notification of Interest rates on PPF and Sukanya Scheme for 3rd quarter of FY 2016-17 F.No. 1/04/2016-NS.II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated- September 29, 2016 OFFICE MEMORANDUM Subject: Revision of… Read More »

Jurisdiction of Debts Recovery Tribunals in Maharashtra and Goa Notified

By | September 29, 2016

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 26th September, 2016 S.O. 3065(E).—In exercise of the powers conferred by section 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993) and in supersession of all earlier notifications in so far as they relate to jurisdiction of the… Read More »

Confiscated property restoration norms notified by Govt under Prevention of Money laundering

By | September 29, 2016

Prevention of Money laundering (Restoration of Confiscated Property) Rules, 2016. BUY MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 26th September, 2016 G.S.R. 913 (E).— In exercise of the powers conferred by sub-section (1) and clause (x) of subsection (2) of section 73, read with sub-section (8) of section 8 of the Prevention… Read More »

Goods for Commodity Derivatives notified by Govt

By | September 28, 2016

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 27th September, 2016 S.O. 3068(E).—In exercise of the powers conferred by clause (bc) of section 2 of the Securities Contracts (Regulation) Act, 1956, (42 of 1956), the Central Government in consultation with the Securities and Exchange Board of India established under section 3 of… Read More »

MVAT- Grant of Administrative Relief.

By | September 24, 2016

Commissioner of Sales Tax, 8th floor, Vikrikar Bhavan, Mazgaon, Mumbai- 400 010. CORRIGENDUM To No. DC (A&R)/VAT/MMB-2015/62/ADM-8 Mumbai, dated: :23.09.2016 Trade Circular No. 28T of 2016 Sub:- Grant of Administrative Relief. Ref:- Trade Circular No. 13T of 2016 dated 5th May 2016. Sir/ Madam, Trade Circular No. 13T of 2016 dated 5th May 2016 is modified as… Read More »

Govt exempt Service Tax on upfront amount on Lease of Industrial Plots by State Government Industrial Development Corporations/ Undertakings

By | September 23, 2016

Seeks to exempt taxable service provided by State Government Industrial Development Corporations/ Undertakings by way of granting long term (thirty years, or more) lease of industrial plots to industrial units from so much of service tax which is leviable on the one time upfront amount (called as premium, salami, cost, price, development charges or by… Read More »

CBDT clarify disclosure of information u/s 138

By | September 22, 2016

F. NO. 225/120/2016/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 21st of September, 2016 Subject: Providing information under section 138 of Income-tax Act, 1961- clarification in respect of Notification No. SO 576 dated 23.05.2003 issued by CBDT- regd.- Section 138 of the Income-tax Act,… Read More »