India-Nepal DTAA to be expedited – FM Posted: 23 Oct 2011 08:20 PM PDT The Finance Minister of Nepal Mr Pun assured Shri Mukherjee about the safety and security of Indian businessmen visiting Nepal. He sought support of the Finance Minister Shri Mukherjee in completing various projects in Nepal. He also assured that... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Kamal Nath directs DDA to examine latest SC order on General Power of Attorney issue Posted: 23 Oct 2011 08:16 PM PDT The other issues discussed at the meeting included, guidelines for Use conversion charges from residential to commercial on upper floor of markets, conversion to freehold without charging UEI (unearned Increase) in cases of transfer through will,... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Union Finance Minister Shri Pranab Mukherjee's Address at the National Development Council Meeting Posted: 23 Oct 2011 08:14 PM PDT We have initiated two major steps in the area of tax reforms. The first pertains to the DTC and the second to the Goods and Services Tax (GST). The DTC Bill was introduced in August, 2011 and has been referred to the Parliamentary Standing... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| CBI arrests ITO and CA in Bribery Case Posted: 23 Oct 2011 08:07 PM PDT The Central Bureau of Investigation (CBI) on Wednesday arrested income-tax officer Ranjan Prakash and chartered accountant Vimal Patangia on the allegation that Mr Prakash demanded Rs. 1.5 lacs from the complainant through the CA concerned for... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Need for Better Co-Ordination Between Monetary and Fiscal Policies for Improving Overall Economic Stability and Growth – FM Posted: 23 Oct 2011 07:59 PM PDT The Finance Minister Shri Pranab Mukherjee has said that the present global economic developments and more particularly the sovereign debt crisis of Europe has once again brought into focus the need for better co-ordination between monetary and... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Service Tax – Revenue Department takes notice of 9 lakh entities stop filing returns Posted: 23 Oct 2011 07:56 PM PDT The Revenue Department has decided to cross check service tax returns in order to locate 9 lakh entities that have stopped filing returns. E -filing has been made mandatory from this year and the exercise of cross checking is likely to start after... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Address delivered by the Chairman, CBEC at the valedictory function for workshop on capacity building for 'SEVOTTAM' Posted: 23 Oct 2011 07:41 PM PDT SEVOTTAM symbolizes the Government's intent to move from 'administration' mind set to 'service orientation' in delivery of public services. It emphasizes the relationship between service provider and service receivers. It is a standardized Services... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Regarding Commercial construction/infrastructure development projects of road, airports, dams, tunnels etc, – levy of service tax on various service providers engaged / associated with such construction work Posted: 23 Oct 2011 07:36 PM PDT Circular No. 147/16/2011 – Service Tax , it apparent that in case the services provided by the sub-contractors to the main contractor are independently classifiable under Work Contract Service, then they too will get the benefit of exemption so... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Regarding Implementation of 'On Site Post Clearance Audit' Posted: 23 Oct 2011 07:31 PM PDT Circular No. 47/2011-Customs, Dated- 20th October, 2011 Subject: Implementation of 'On Site Post Clearance Audit' – Regarding. CBEC has introduced the scheme of 'On Site Post Clearance Audit' or OSPCA at premises of importers and exporters' vide... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Regarding levy of anti-dumping duty on MBTS in pursuance to suset Review investigation Posted: 23 Oct 2011 07:26 PM PDT Notification No.98 /2011-Customs, dated the 20th October, 2011 G.S.R. 775 (E). -Whereas, the designated authority vide notification No. 15/09/2010-DGAD, dated the 26th July,2010, published in the Gazette of India, Extraordinary, Part I, Section 1,... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Conditions for issue of import licenses of Rough Marble Blocks for the balance quantity for Financial year 2011-12 Posted: 23 Oct 2011 07:09 PM PDT Notification No. 81(RE-2010)/2009-2014, Dated: 21st October, 2011 Sub.: Conditions for issue of import licenses of Rough Marble Blocks for the balance quantity for Financial year 2011-12. S.O. (E) In exercise of powers conferred under... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Regarding Eligibility of export product 'Technical Textiles' listed at FPS Product Code 33, Table-4, Appendix 37D of HBPv1 Posted: 23 Oct 2011 07:08 PM PDT Policy Circular No. 42 (RE-2010)/2009-14 Only 33 items are eligible to get FPS benefit under heading 'Technical Textiles' as per Sr.No.33, of Table 4, Appendix 37D of HBPv1. The list of 33 items, so eligible, is in the Annexure to this Policy... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| National Savings Certificates (VIII Issue) Amendment Rules, 2011 – Amendment in rule 15A Posted: 22 Oct 2011 09:46 PM PDT NOTIFICATION NO.G.S.R. 744(E), DATED 4-10-2011 In exercise of the powers conferred by Section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules further to amend the National... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Kisan Vikas Patra (Amendment) Rules, 2011 – Amendment in rule 13A Posted: 22 Oct 2011 09:43 PM PDT NOTIFICATION NO.G.S.R. 743(E), DATED 4-10-2011 In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules further to amend the Kisan Vikas... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Post Office Time Deposit (Amendment) Rules, 2011 – Amendment in rule 9 Posted: 22 Oct 2011 09:41 PM PDT NOTIFICATION NO.G.S.R. 742(E), DATED 4-10-2011 In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Time... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Post Office (Monthly Income Account) Amendment Rules, 2011 – Amendment in rule 9A – NOTIFICATION NO. G.S.R. 741(E) Posted: 22 Oct 2011 09:39 PM PDT NOTIFICATION NO. G.S.R. 741(E), DATED 4-10-2011 In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Post Office Recurring Deposit (Amendment) Rules, 2011 – Amendment in rules 6, 9, 9A and 11 Posted: 22 Oct 2011 09:36 PM PDT NOTIFICATION NO.G.S.R. 740(E), DATED 4-10-2011 In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office...
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