News Update

Vinod Kumar, IRS, 2002 Batch, is no moreCabinet okays privatisation of 20 PSUs: PanagariyaIndian Industry required to move to global norms: KantDDA, DUSIB sign MoU to implement PMAY in DelhiFM inaurgurates CII Centre for Arbitration and MediationPM praises Cyprus for being 8th largest investor in India and invites Cypriots to invest in IndiaPay Commission recommendations on allowances - Lavasa panel propses modificationsCBDT signs 2 APAs relating to IT & Banking (See 'TII Brief' in TII)CBDT gives addl charge of Gujarat + Ahmedabad zones to P C Modi & Surat to Rajani K GuptaGovt to develop 100 more airports, says Jayant SinhaCentral Excise - Refunds - Passing on the incidence to the ultimate buyer - Supreme Court dismisses review petitionTariff Values of Gold, Silver and all Edible oils (except Crude Soya bean oil) reducedSimplification of tax regime to increase compliance: FMFM says no surprises likely in GST rate fixationKenyan Ambassador Karau appointed as New Chair of Agri PanelAbolition of FIPB to pave way for more FDI reforms: FMNo medical certificate required for PF withdrawal for illnessCX - Classification - Polyester Covered Yarn and Nylon Covered Yarn fall under CSH No. 5402.62/61: SCI-T - Seized material must have some nexus to additions sought to be made by AO and must be relevant for forming belief regarding escaped income: HCST - Reason that officials were involved in matters pertaining to challenge in some other matters, and, therefore, there has been delay in filing appeals is vague and cryptic: HCST For another field formation of same tax collection mechanism to take an alternative stand and, that too, for limited period of time is best described as 'tax opportunism': CESTATTrichy Customs seizes FC worth Rs 29 lakh from pax heading for MalaysiaFinance Secretary Panel submits report on allowances recommended by 7th Pay Panel; Now, Panel of Secretaries to examine itAamby Valley Reserve Price - Apex Court fixes at Rs 37392 CroreJharkhand is Third State to pass SGST law
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