News Update

Vizag DRI sleuths seize 1161 kg Ganja concealed under gravel material being transported by lorryBefore GST roll-out Union of India to scrap 16 Cesses of Excise and Service Tax; to cost Rs 65,000 Crore to ExchequerPMs constituency Varanasi to host third G-20 Framework Working Group meeting on WednesdayIndian Navy to de-induct Long-Range Maritime Patrol Aircraft after 29 yearsCBI Court convicts former Oriental Bank Manager & othersST - Claim for exclusion of amounts on basis of acting as pure agent can be made only if all conditions for such concept are fulfilled: CESTATCBEC to be renamed as CBIC; to have 101 GST Commissionerates, including 50 Appeals CommissioneratesApplications invited for First Secretary (Legal) at PMI at WTO, GenevaPangs of GST - Govt sets up Working Groups to address peculiar problems of industryCX - Annual Production Capacity - Actual Production vs deemed production - Legal Fiction vs Presumption - Supreme Court refers matter to Larger BenchCBDT directs officers to grant interest waiver in certain casesOROP - Pension to be reviewed every 5 yearsIncome Tax searches lead to seizure of Rs 3625 CroreUnclaimed Deposits in Banks & Insurance Companies exceed Rs 8000 CroreCST compensation to States: Centre to release Rs 5834 Crore before Mar 31CCI imposes Rs 51K penalty on Kerala MP heading film association as PresidentCX - Any relief under doctrine of promissory estoppel can be enforced only in hands of Courts - Tribunal cannot arrogate to itself such powers: CESTAT4.5% Indians suffer from depression: MinisterDelhi Insurance Ombudsman Office gets ISO certificationCommissionerates fail to pay court fee stamp - CBEC releases ListGST Bills copies being printed; to be tabled on MondayTrump's attempt to substitute Obamacare failsGovt approves nine FDI proposals involving proposal worth Rs 659 CroreCustoms Duty on Sunflower seeds (1206 0090) for the purpose of extraction and refining of oil reduced to 10% for the period 1st April 2017 to 30th September 2017GST high on Alcohol Manufacturing IndustrySFO in UK doing well to deal with foreign bribery casesIndian Cement Industry accounts for only 7% of global needsI-T - Excess stock found during survey which did not belong to assessee but to its Karta in his individual capacity, cannot be added to assessee's closing stockCX - It is 'nature of order' of Tribunal and not 'scope of appeal' that determines maintainability: HCCus - DRI officials at wedding premises - Calling payments as voluntary is turning a blind eye to harsh realities: HCST - Since CESTAT has remanded matter, it cannot be said that any substantial question of law would arise for consideration: HC
 
North Block invites officers to submit tax research proposals to strengthen TPRU

By TIOL News Service

NEW DELHI, MAR 20, 2017: TO bolster the research output of the newly-set up TPRU, the North Block has designed a new Scheme of free research from Departmental Officers.

The key highlights of the Scheme are:

i. Scope of research: Officers of the CBDT and CBEC shall be able to engage in research on any aspect of fiscal policy, especially tax policy, business process or administration in India, from their current place of work in a time-bound methodical manner.

ii. Eligibility: Research proposals are invited from a team consisting of at least two officers, preferably one each from CBDT and CBEC. The team can also co-opt officers from other government departments. The total number of members in a research team (excluding research assistants and support staff) should generally not exceed four.

iii. Research plan approval: All eligible research proposals received shall be screened by the TPRU, and may be accepted entirely or partially after modification in consultation with the concerned research teams.

iv. Access to TPRU's resources and expertise: Officers shall be given access to all resources of the TPRU, including data, statistical analysis tools, scholarly resources, and expertise in the form of mentorship or collaboration, for carrying out research in proposals accepted by the TPRU.

v. Research related travel expenses: Officers shall be able to claim TA/DA expenses for domestic travel related to research from their respective offices, once the travel plan has been approved by TPRU.

vi. Time-bound research: Proposals for research from officers should clearly indicate the expected time for completion of the concerned research project, with due justification. It is expected that all research teams strictly adhere to this time-line. A periodic assessment of the progress of the research shall be conducted against pre-defined milestones.

vii. Findings of research and policy recommendations: On completion of the research, the free research team shall make a presentation of the findings of the research along with the relevant policy recommendations to the Head, TPRU. Selected research teams may also be invited to present their findings and recommendations before the Tax Policy Council headed by the Union Finance Minister.

Officers willing to avail of the 'free research' opportunity with TPRU are invited to submit their research proposals in the format prescribed in the attached proforma, along with the CVs of all the team members, through email to research-tpru@gov.in.

Invitation for Free Research Proposal from officers of CBDT and CBEC


POST YOUR COMMENTS