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Jul 21, 2017 01:14 PM Launch of Pradhan Mantri Vaya Vandana Yojana Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a Pension Scheme announced by the Government of India exclusively for the senior citizens aged 60 years and above which is available from 4th May, 2017 to 3rd May, 2018. The Scheme can be purchased offline as well as online through Life Insurance Corporation (LIC) of India which has been given the sole privilege to operate this Scheme.
Jul 20, 2017 03:52 PM National Dairy Development Board "Quality Mark" Logo launched NDDB Quality Mark “Logo” has been launched as an umbrella brand identity. This “Logo” signifies safe and quality milk and milk products from dairy cooperatives. This reinforces the consumers’ recognition that the Quality Mark is synonymous with good quality.
Jul 19, 2017 05:47 PM Severe Weather Warning India Meteorological Department has issued severe weather warning for 19th to 23rd July, 2017 across several parts of the country.
Jul 17, 2017 12:46 PM Provisions related to registration under GST regime As per the GST laws, one is required to take registration on or before 30thJuly, 2017. If one is carrying-out any business and have an Annual Aggregate turnover in the preceding Financial Year exceeding Rs. 20 lakh (Rs. 10 lakh in Special Category States), you need to register in all the States/Union Territories from where you are making taxable supplies. However, one need not register if one is engaged exclusively in the supply of exempted goods or services or both.
Jul 12, 2017 09:43 AM New family planning initiatives launched on World Population Day “Mission Parivar Vikas" initiative launched to focus on 146 high fertility districts in 7 states with high TFR. Under this, specific targeted initiatives shall be taken for population stabilisation through better services delivery.
Jul 11, 2017 12:04 PM GST rate for Sanitary Napkins There are some remarks made by various column writers on GST rate on sanitary napkins. It may be mentioned that the tax incidence on this item before and after GST is the same or less.
Jul 10, 2017 03:00 PM Prices of appliances under UJALA revised after GST comes into effect The prices of energy efficient appliances distributed under the Government of India’s Unnat Jeevan by Affordable LEDs and Appliances for All (UJALA) scheme have been revised, owing to the rollout of the Goods & Services Tax (GST). The 9W LED bulbs are priced Rs70/-, 20W LED tube light Rs 220/- and 5-star rated fans will be available at Rs1,200/- only. Consumers appealed not to pay any amount over and above the prices fixed by EESL for the UJALA appliances.
Jul 10, 2017 02:49 PM Swayam and other digital initiatives for higher education launched SWAYAM, the portal that takes high quality education to the doorstep of everyone and SWAYAM Prabha – the 32 DTH channels operationalised for telecasting high quality educational content free of charge using the GSAT-15 satellite transponders have been launched for the benefit of the students.
Jul 06, 2017 09:29 AM Meaning of registered brand name in the context of GST rates CGST rate of 5% will not be applicable on the supply of goods unless the brand name or trade name is actually on the Register of Trade Marks and is in force under the Trade Marks Act, 1999.
Jul 03, 2017 03:58 PM GSTN unveils excel template for to help taxpayers perform easy data entry offline before uploading on the GST portal Goods and Services Network (GSTN) has unveiled a simple excel based template that will facilitate the taxpayers in preparing and filing their monthly returns with maximum ease and minimal cost.
Jun 30, 2017 03:15 PM Downloaded e-Aadhar Card permitted as proof of identity for Rail Travel Purpose Ministry of Railways has decided to incorporate downloaded Aadhaar (e-Aadhaar) also as prescribed proof of identity at par with printed Aadhaar Card during travel.
Jun 28, 2017 10:29 AM Postponement of provision relating to TDS and TCS of the CGST / SGST Act 2017 With the objective of ensuring smooth rollout of GST and taking into account the feedback received from the trade and industry, the provisions of deduction of tax at Source under Section 51 of the CGST / SGST Act 2017 and collection of tax at source under Section 52 of the CGST / SGST Act 2017 will be brought into force from a date which will be communicated later.
Jun 19, 2017 09:32 AM Relaxation in return filing procedure for first two months of GST implementation With the objective of ensuring smooth rollout of GST and taking into account the concerns expressed by the trade and industry regarding filing of the returns in GST regime, it has been decided that, for the first two months of GST implementation, the tax would be payable based on a simple return (Form GSTR-3B) containing summary of outward and inward supplies which will be submitted before 20th of the succeeding month.
Jun 12, 2017 03:27 PM Aadhar PAN Linkage From July 1, 2017 onwards, every person eligible to obtain Aadhaar must quote their Aadhaar number or their Aadhaar Enrolment ID number for filing of Income Tax Returns as well as for applications for PAN.
May 11, 2017 02:27 PM e-Facility to link Aadhaar and PAN The Income Tax department has launched a new e-facility to link Aadhaar with the Permanent Account Number, a mandatory procedure for filing IT returns now.
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