Key Recommendations of 33rd GST Council Meeting (dt. 24 Feb. 2019)
To provide relief to the home buyers and to boost the housing sector, GST Council in its 33rd meeting (dt. 24 Feb. 2019) has made key recommendations by way …
Tag: GOI
Finance Act, 2019 notified by Govt. post President’s Ascent
Ministry of Law & Justice, Govt. of India has notified the Finance Act 2019, which has received the assent of the Hon'ble President of India on 21st February, 2019, …
EPFO recommends Increased PF Interest Rate at 8.65% for 2018-19
Central Board of Trustees (CBT) of EPFO has recommended to increase the PF Interest Rate from 8.55% (for FY 2017-18) to 8.65% (for FY 2018-19) for crediting in the …
GSTR-3B Due Date (Jan. 2019) Extended from 20 Feb. to 22 Feb. 2019
CBIC has notified that the due date/ deadline for filing of GSTR-3B for the month of Jan. 2019 has been extended from 20 Feb. 2019 to 22 Feb. 2019 …
Proposed Revised ESI Contribution Rates (Employer 4%, Employee 1%)
Ministry of Labour and Employment, Govt. of India has notified the draft of proposed revised/ reduced rates of ESI Contribution in respect of Employer Contribution (existing rate 4.75% - …
Govt. Imposes 200% Customs Duty on Imports from Pakistan: CBIC Notification
CBIC has notified that Govt. has imposed basic custom duty of 200% on all imports from Pakistan by inserting a new tariff item '9806 00 00' in chapter 98 …
Development of new return filing system by GSTN
GSTN is developing components of new return filing system and is analysing/ improving user interface before notifying the same. In the meantime, GSTN has started analysing the gst returns …
Task Force for drafting New ‘Direct Tax Legislation’ Reconstituted
Govt. has reconstituted the Task Force to draft the new 'Direct Tax Legislation' to replace/ rewrite the existing (50 plus years old) Income Tax Act, with deadline for its …
Govt. Clarifies Status of Exporter’s GST Refunds as on 31 Oct. 2018
Govt. clarifies that Exporter's refund claims are being processed expeditiously. As on 31 Oct. 2018, claims of Rs 82,775 crore have been processed out of total refund claims of Rs …
Companies Amendment Ordinance 2018 promulgated by Govt.
Govt. has notified/ promulgated the 'Companies (Amendment) Ordinance, 2018', amending/ incorporating various provisions relating to different financial year for consolidation, filing of declaration for commencement of business, maintenance of …
