News Update

Budget 2018 unlikely to be populist; PM drops hintsPetro Minister says he is trying hard to bring Petroleum under GSTPresident appoints Om Prakash Rawat as Chief Election Commissioner w.e.f Jan 23, 2018 + also appoints Ashok Lavasa as Election CommissionerGST - Supply of services upto Rs 5 lakh allowed under Composition SchemePresident of India exercises powers u/s 15(4) of NCTD Act, 1991 to notify disqualification of 20 AAP MLAs from Delhi AssemblyGST - CBEC Chairperson calls for expediting exports refundGovt launches Liveability Index Program in 116 citiesONGC to shell out Rs 37915 Cr for HPCLBudget 2018 - Printing of documents commences after Halwa CeremonyFM’s Davos trip cancelled as Budget preparations pick up last leg momentumONGC to pick up Govt’s 51% equity in HPCL for Rs 36900 CroreThe last date for filing GSTR-3B for Dec, 2017 extended by two days to Jan 22, 2018Major fire in firecracker & plastic factories in Delhi kill 17 workersVAT - ITC is a substantive right and it cannot be denied merely on basis of some machinery provisions or flimsy technical error or even on ground of limitation: HCTDS default - A few nights in Tihar?Aadhaar & GST glitches should trigger IT Infrastructure Protection ReviewData Protection Framework - Panel to hold public consultation on TuesdayCrypto row gains new ‘currency’; CBDT finds it cryptic; Notices issued to investorsExport of onions allowed on LC with M. E. P of USD 700 FOB per MT with immediate effect till 20.02.2018Silvassa tops List of winner Smart CitiesIndia welcomes IMF-WB Report on improving banking supervision by RBIGovt appoints Amardeep Singh Bhatia as Director of Serious Fraud Office till March, 2020Intl Customs Day: 20 persons, including 17 officers, to get WCO Certificate of MeritGST - Coffee beans processing units in trouble; seek exemptionGST Council also approves several amendments in CGST RulesGST Council grants mega relief to healthcare services & clarifies rates for many Services17 lakh Composition taxpayers paid only about Rs 307 Crore; Council expresses disappointment
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