News Update

Govt Clarifies Amendment In Provisions Is Not To Regulate Trade In Cattle But To Prevent CruetyHP Assembly passes GST Bill, 2017Favourable tax structure and largest EEZs make Mauritius a major investment destination: JugnauthDIPP vested with powers to grant defence industrial licencesMissing FCRA return - Final call to NGOsCBEC issues first Mega AGT order of 749 ACs at All-India levelCBEC moves Himani Bhayana from GST Council Secretariat to GST Policy Wing in BoardGadkari launches India’s first fleet of 200 electric vehicles in NagpurMCA Secretary Tapan Ray gets addl charge of Secretary, Economic AffairsIGI Airport Customs seizes gold biscuits worth Rs 80 lakhsMerger of Tribunals & amendments in conditions of Chairpersons and Members - Govt notifies May 26 as the appointed dayTelecom to avail credit of IGST and imported goods: GovtVeteran cop K P S Gill is no more; PM sends condolenceEPFO to consider lowering of contribution to 10%PM inaugurates India’s longest river bridge over Lohit river in AssamI-T - Search - Whether additions can be made in relation to a particular AY without having any incriminating materials qua that AY - NO: HCCBDT promotes five officers as Principal CCITs + issues posting orderTale of Missing Gold from Customs Vault - CBI arrests CustodianI-T - Submission of financial transactions - Deadline is May 31CBDT Panel to peep into nature and type of tax arrearsNITI's 3yr Action Agenda merits timely action to reboot growthI-T - Exemption u/s 54 cannot be denied on ground that residential property was purchased outside India when requirement of making investment in property only in India was subsequently added - ITATCus – CHA license - Licensing authority is not envisaged as an appellant under CHALR, 1984 - Option to appeal is specifically permitted in Regulations only to an aggrieved licensee: CESTATST - Amalgamation proceedings cannot make credit availed of ST paid on royalty charges as improper: CESTATMumbai Air Cargo Customs busts Rs 26 Cr mobile phone smuggling racketNaidu to review progress of Urban Missions in ChhatisgarhDIPP notifies fresh definition of startup in biotechnology sectorProposed GST rates are lower for milk powder, tea, sugar & coffee (See 'GST News' in GST Homepage)Telecom Ministry closely monitoring fall-out of GST: Minister


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