Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver dt. 30.12.2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUBSECTION (ii)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 149/2016-CUSTOMS (N.T.) New Delhi, 30th December, 2016 9 Pausha, 1938 (SAKA) S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section […]

Two More Advance Pricing Agreements signed by the Central Board of Direct Taxes

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 29th December, 2016. Press Release Two More Advance Pricing Agreements signed by the Central Board of Direct Taxes The Central Board of Direct Taxes (CBDT) has closed the year 2016 by entering into two more unilateral Advance Pricing Agreements […]

India and Singapore Sign a Third Protocol for Amending the Double Taxation Avoidance Agreement (DTAA)

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 30th December, 2016. Press Release India and Singapore Sign a Third Protocol for Amending the Double Taxation Avoidance Agreement (DTAA) India and Singapore have amended the DTAA for the avoidance of double taxation and prevention of fiscal evasion with […]

Direct Tax Dispute Resolution Scheme- 2016 Extended up to 31st Jan, 2017

Direct Tax Dispute Resolution Scheme- 2016 Extended up to 31st Jan, 2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 30th December, 2016. Press Release Direct Tax Dispute Resolution Scheme- 2016 Extended up to 31st Jan, 2017 In order to reduce the pending litigation, the Direct Tax […]

Direct Tax Dispute Resolution Scheme, 2016 extended till 31st Jan

Direct Tax Dispute Resolution Scheme, 2016 extended till 31st Jan TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 29th December, 2016 NOTIFICATION S.O. 4222(E).- In exercise of the powers conferred by section 202 of the Finance […]

Recovery method & Service of notice under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules specified

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th December, 2016 G.S.R. 1180(E).—In exercise of the powers conferred by section 85 read with section 32, section 74 and section 77 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015), the Central Board of Direct […]

GOODS AND SERVICES TAX

 “To maximise ECONOMIC GAIN & minimize COMPLIANCE PAIN” LESS TO MORE Increased economic activity and investment Fillip to ‘Make in India’ initiative and exports Generation of more employment Efficient neutralization of taxes to make our exports competitive   MORE TO LESS Single tax to replace multiple levies Single tax leviable on goods and services Automated […]