Detection of Black Money by Government
Recognizing various limitations under the existing legislation [Income-tax Act, 1961, etc.], the Government enacted a new law – ‘The Black Money...
Central Govt prevents any Public Servant from appear before any Authority in matters relating to Income Declaration Scheme
The Central Government, vide Notification No. 56 /2016, F.No.142/8/2016-TPL dated 6th July 2016 directed that no public servant shall produce before any person or authority any such document or record...
Finance Ministry issues Circular Clarifying issues on Levying Service Tax on Govt. & Local Authorities to Business Entities
The Ministry of Finance recently issued a Circular clarifying the issues on levy of Service Tax on the services provided by the Government or a local authority to business entities. Any service...
Cabinet approves signing and ratification of Agreement between India and Qatar on Co-operation and Mutual Assistance in Customs Matters
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval for signing and ratifying an Agreement between India and Qatar on Co-operation and Mutual Assistance in Customs...
The Direct Tax Dispute Resolution Scheme 2016 & Equalisation Levy to come into effect from 1st June 2016
Relevant rules and forms in this regard notified. The Direct Tax Dispute Resolution Scheme, 2016 incorporated as Chapter X of the Finance Act, 2016, shall come into force on the 1st of June,...