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April 6, 2017 8:22 PM

Lok Sabha passes Taxation Laws (Amendment) Bill 2017

The Lok Sabha today passed the Taxation Laws (Amendment) Bill,2017 which seeks to amend the Customs Act 1962, the Customs Tariff Act 1975, the Central Excise Act 1944, the Finance Act, 2001 and the Finance Act, 2005 and to repeal certain enactments.<br/><br/>The Customs Act is proposed t...

April 6, 2017 8:21 PM

Rs 100 cr black money: I-T raids at 50 locations across India

The Income Tax department today conducted searches at over 50 locations across the country as part of its crackdown against tax evasion to the tune of over Rs 100 crore, its first major action after the black money disclosure window of PMGKY ended recently.<br/><br/>Officials said the fi...

April 6, 2017 8:21 PM

Parliament passes GST bills

Parliament has passed the passed Goods and Services Tax Bills with the Rajya Sabha considering and returning to the Lok Sabha. <br/><br/>Before returing the bills, it rejected all the amendments moved by the TMC and CPI(M). The Bills are Central GST, Integrated GST, Union Territory GST a...

April 6, 2017 7:40 PM

Parliament passes GST bills

Parliament has passed the passed Goods and Services Tax Bills with the Rajya Sabha considering and returning to the Lok Sabha. <br/><br/>Before returing the bills, it rejected all the amendments moved by the TMC and CPI(M). The Bills are Central GST, Integrated GST, Union Territory GST a...

April 6, 2017 7:39 PM

Hansraj Ahir reviewes working of CCTNS

MoS Home Affairs Hansraj Gangaram Ahir today reviewed the working of Crime and Criminal Tracking Network - CCTNS in New Delhi today. The presentation highlighted that CCTNS software has been successfully deployed at more than 13 thousand Police Stations in country. Out of this nearly 12 thousand eig...

April 6, 2017 7:39 PM

Will auction Aamby Valley if money not deposited: SC to Sahara

The Supreme Court today said if the Sahara Group fails to deposit Rs 5092.6 crore in SEBI-Sahara refund account by April 17 in pursuance of its order, it will be compelled to auction its property valued at Rs 39,000 crore at Aamby Valley in Pune.<br/><br/>A bench headed by Justice Dipak ...

April 6, 2017 7:21 PM

CBI probe into fake Beti Bachao scheme forms: Government

The government has ordered CBI probe into complaints regarding alleged fake forms filled by people in states for Beti Bachao, Beti Padhao scheme to avail cash benefits.<br/><br/>Replying to supplementary questions in Rajya Sabha today, Minister of State for Women and Child Development Kr...

April 6, 2017 6:45 PM

Exempted items will continue to be exempted under new tax regime: Jaitley

Finance Minister Arun Jaitley today assured the Rajya Sabha that all those items which are exempted today will continue to be exempted under the new indirect tax regime. <br/><br/>Replying to a debate on the consideration and return of all four GST related bill, Mr Jaitley said, under th...

April 6, 2017 6:09 PM

Lok Sabha passes Taxation Laws (Amendment) Bill 2017

The Lok Sabha today passed the Taxation Laws (Amendment) Bill,2017 which seeks to amend the Customs Act 1962, the Customs Tariff Act 1975, the Central Excise Act 1944, the Finance Act, 2001 and the Finance Act, 2005 and to repeal certain enactments.<br/><br/>The Customs Act is proposed t...

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