News Update

Ten more APA's including 7 Roll-back singedAdmission to a museum exempted - CBEC issues section 11C notification for the period 01.07.2012 to 31.03.2015Exporters who have been accorded AEO exempted from the requirements of drawal of samples for the purpose of grant of drawbackGovt hikes tariff value of gold and silver but reduces same for edible oilsIndia, ADB ink USD 375 mn loans pact for Vizag-Chennai industrial corridorRBI sets up 11-member panel to reassess cyber threatsDeveloping nations in Asia & Pacific required to invest USD 26 trillion in infra sector by 2030: ADBOECD hails India for GST reform; urges for income and property tax reformStuntmen getting 'stunned and stunted' by threat of Service TaxTFA comes into force; to reduce trade costs by 14.3%Commerce Minister calls for strong India-CLMV vertical within ASEANST - As there is no representational right conferred by AAI on petitioners, Operations, Management and Development Agreements cannot constitute franchise: HCI-T - Merely because assessee had approached Settlement commission, it would not render his every act as dubious, says HCCX - Absent issue of SCN against sealed machines & failure to pass order extending period of seizure upon lapse of statutory period of six months, continuation of seizure is illegal: HCGovt to release ethanol policy to reduce crude import bill by Rs one lakh croreTrump likely to sign new immigration order on WednesdaySteel Minister sets up panel for pooling and sharing of resources among PSUsCCEA approves 31 contract areas under Discovered Small Field Policy, 2015Applications invited for Director / DS level posts in CBDTEconomic Survey - A Neo-classic (See 'The Insight' on 'Taxongo')Treading GST Path - XIX - ITC on supporting structuresImport of goods on FOB basis vs CIF basis: Service tax on ocean freightNew Metro Policy - TOD to be incentivisedI-T - Upfront premium on Zero Coupon Non-Convertible Debentures is allowable deduction: ITATCX - Ownership is not the criteria for allowing credit on capital goods: CESTATST - Refund claim of appellant being not in dispute before any higher judicial authority, Sec 11B Clause (B)(ec) will not get attracted - claim time-barred: CESTATPromotion of Digital payments - Prizes worth Rs 150 Crore won by customers and traders so far: PMBanking likely to be disrupted on Tuesday as PSBs' Unions call for strikeOECD Secretary General Angel Gurria to release Economic Survey of India on Tuesday in New DelhiIRS Association writes to PM; calls for Centralised Registration for telecom, banks & insuranceGovt mulling over proposal to cap giveaways by pharma companies to Rs 1000/-Delhi Cabinet approves 36% hike in min wagesDeputation period may be extended but allowance to be capped at five years 
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