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Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments

Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments The roll out of Goods and Services (GST) Tax will bring benefits to the consumers due to reduced tax rates on various commodities such as packaged cement, medicaments, smart phones, and medical devices, etc. Packaged ... Read More »

The 14th Goods and Services Tax (GST) Council meeting

The 14th Goods and Services Tax (GST) Council meeting chaired by the Union Finance Minister Shri Arun Jaitley approves GST rates for goods and GST Compensation Cess   The 14th Goods and Services Tax (GST) Council Meeting, chaired by the Union Minister of Finance Shri Arun Jaitley, was held at Srinagar, Jammu and Kashmir yesterday. The fitment of rates of ... Read More »

Second Edition of Limited Insolvency Examination to start from 1st July, 2017 to 30th June, 2018

Second Edition of Limited Insolvency Examination to start from 1st July, 2017 to 30th June, 2018 The Insolvency and Bankruptcy Board of India (IBBI) has specified the syllabus, format and frequency of the “Limited Insolvency Examination” under regulation 3(3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 as under: Syllabus for Examination The second edition of ... Read More »

Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others

Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold and Silver Notified In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board ... Read More »

Taxation reforms on RAPID road

Taxation reforms on RAPID road * Prakash Chawla             When Prime Minister Narendra Modi addressed officials of Central Board of Direct Taxes (CBDT) and Central Board of Excise Customs (CBEC) in June last year, he gave them an acronym RAPID to follow as they carry out their job of collecting revenue for the national exchequer.At the conclusion of the ‘Rajaswa ... Read More »

Creating an enabling environment for banking sector

Creating an enabling environment for banking sector *Anjan Roy The Indian banking scene has undergone a sea change in the last couple of years which can be said to have given us an augmented financial reality. The changes have been in three main directions, though there have been some parallel enabling developments as well. The cumulative and combined impact of ... Read More »

Commerce and Industry Minister Smt. Nirmala Sitharaman has said that mid-term review of Foreign Trade Policy would be completed early to synchronise its roll out with GST

Commerce and Industry Minister Smt. Nirmala Sitharaman has said that mid-term review of Foreign Trade Policy would be completed early to synchronise its roll out with GST Commerce and Industry Minister Smt. Nirmala Sitharaman has said that the revised Foreign Trade Policy (FTP) would be released early to synchronise the same with roll out of GST. The core focus of ... Read More »

MOU between Rajasthan Government and HPCL for setting up Refinery at Pachpadra signed

MOU between Rajasthan Government and HPCL for setting up Refinery at Pachpadra signed  Jaipur, 18th April, 2017 (By Prasant Kumar Bhuyan) – Investment worth Rs 70 thousand crore expected in Petroleum and Petro Chemical Sector in Rajasthan : Shri Dharmendra Pradhan In Rajasthan investment worth Rs. 70 thousand crore is expected in the coming four years in Petroleum and Petro Chemical sectors. Out of ... Read More »

Contribution of Gems and Jewellery Industry

Contribution of Gems and Jewellery Industry Gems and Jewellery export sector has been contributing  about 13%-15% to India’s total merchandise exports during the last five years. As per industry estimates, this sector employs more than 4.64 million employees.The Gem and Jewellery exports was showing down turn since the year 2012-13 due to global economic slowdown.  However, during the year 2016-17 ... Read More »

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