Finance - general
GST set for midnight launch on 30 June
19 Jun 2017
The Goods and Services Tax is all set to be officially launched on the midnight intervening 30 June and 1 July after the GST Council cleared all GST rules and finalized all rates
GST set for midnight launch on 30 June
19 Jun 2017
The Goods and Services Tax is all set to be officially launched on the midnight intervening 30 June and 1 July after the GST Council cleared all GST rules and finalized all rates
GST set for midnight launch on 30 June
19 Jun 2017
The Goods and Services Tax is all set to be officially launched on the midnight intervening 30 June and 1 July after the GST Council cleared all GST rules and finalized all rates
Aadhaar must for transactions of Rs50,000 and above, bank accounts
16 Jun 2017
All existing bank account holders will also have to furnish their Aadhaar number latest by 31 December 2017, failing which the account will cease to be operational
Aadhaar mandatory for filing I-T returns from 1 July: CBDT
10 Jun 2017
The CBDT clarified on Saturday that Aadhaar will be mandatory for filing I-T returns and while applying for new PAN beginning 1 July
PAN holders with no Aadhar can also file I-T returns: SC
09 Jun 2017
The apex court said Parliament was well within its right to enact a law linking PAN and Aadhar, but stayed the provision for those who do not have an Aadhar number, even as it left rights to freedom issues to a larger Constitution bench
India signs OECD convention to plug tax treaty loopholes
09 Jun 2017
The convention will help modify India’s existing treaties to curb revenue loss through treaty abuse and Base Erosion and Profit Shifting strategies by ensuring that profits are taxed where substantive economic activities generating the profits are carried out
RBI keeps rates unchanged; decides to wait and watch
07 Jun 2017
RBI governor Urjit Patel on Tuesday said there are a lot of ‘moving pieces’, including the monsoon, consumer inflation, input and wage costs and the rollout of the Goods and Services Tax (GST), the risks of which are yet to play out
US Supreme Court limits SEC’s power to recover ill-gotten profits
06 Jun 2017
With the apex court’s decision, the 10th Circuit Court of Appeals ruling that ordered Charles Kokesh to pay $34.9 million in profits, allegedly misappropriated from four business development companies from 1995 to 2009, stands reversed
GST Council clears all rules; states agree on 1 July roll-out
03 Jun 2017
Biscuits to attract 18 per cent tax, footwear 5 per cent and gold 3 per cent, as GCT Council finalises rates and rules