News Update

PM sets up 5-Member Economic Advisory Council; Bibek Debroy to head itGSTR-3B hourly return-filing pattern for August indicates peak filing of 1.33 lakh on Sept 20 at 7 PM; About 37K filed even at midnight; 13.7 lakh returns filed on Sept 20: GSTNKandla renamed as Deendayal Port; Indian Ports Act amended and notifiedGovt to launch Mudra Promotion drive on Pan-India BasisGST - CBEC about to notify cross-empowerment for dividing assessee-basePM to address 175 young IAS officers working as Asst Secretaries at CentreGSTN approves 24.6 lakh Registration from July 1 till dateWorld’s heaviest woman Eman Ahmed A E Aty passes away at Abu Dhabi hospitalKharif production likely to surpass 134 million tonnes markKarti Chidambaram case - ED attaches properties of firm suspected to be having nexus with himRajiv Mehrishi assumes office as New CAGST - Greenhouse is building and, therefore, would fall under definition of plant - activity of installation of plant (greenhouse) is liable to service tax: CESTATIndia's Bullet Train with Japanese Aid Tramples Fiscal Transparency (See 'Special' in TII)Centre to launch Neighbourhood Action Plan for better solid waste managementST - Financial advisory services provided by CRISIL does not fall under category of 'Management Consultancy Services' : High CourtImpact Analysis of GSTI-T - Reopening notice can be issued to dissolved firm, for not filing I-T Returns, if sizable cash loan transactions proves existence of firm during relevant period: HCST - Service of drilling and blasting alone does not fall under dredging service: CESTATCX – Adjudicating Authority should not be sympathetic to relieve defaulter from violation of law without penalty: CESTATGerman elections - Merkel captures powers for 4th timeFM assigns task to Chief Economic Adviser to finalise booster dose for economyPetrol prices will be reduced shortly, says Petro MinisterHealth Minister thanks PM for approving AIIMS at Bilaspur in HPCII favours further extension of GSTR-1, 2 & 3Thread of Mann Ki Baat integrates every section of society: PMCommerce Minister meets top honchos of Korean MNCsGSTR - 3B for July if submitted but not FILED can be done now: GSTN
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