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NEWS FLASH
Union Cabinet okays CBDT's Cadre-restructuring Proposal; sanctions 1349 more posts for IRS, including at Apex level + 19402 non-IRS posts at additional cost of Rs 449.7 Cr annually
CBEC allows sale of excise duty-free goods manufactured in India through Duty-free shops at airports (See 'Breaking News')
Cabinet approves proposal to classify Malayalam as 'Classical Language'
Govt hikes MDA quota for export promotion (See 'Mixed Buzz')
Bottlenecks in development of road sector removed: CCI (See 'Mixed Buzz')
President administers oath to New CAG Shashi Kant Sharma at Rashtrapati Bhawan
India takes steps to synergise norms with EU New Standards for Import of Bulk Drugs (See 'Mixed Buzz')
Service Tax & the Cart before the bullock story (See 'DDT' Column)
ST - Appellant employing personnel of German Co - 75% salary paid overseas - merely because payment was made through German Co, activity cannot prima facie be held to be taxable as 'Manpower Supply' - stay granted: CESTAT (See 'Breaking News')
Vodafone Tax Bill: A Good Case for Settlement by Agreement! (See 'The Cob(Web) Column)
Delhi Lokayukta indicts CM Sheila Dixit for govt fund misuse
I-T - Whether when assessee has filed returns of subscriber Cos and also bank statements & balance sheets in addition to confirmation letters from them, assessee can be considered to have discharged burden of proof - YES: HC (See 'Breaking News')
60 Acts govern Indian financial sector; Need for New Financial Code: FM (See 'Mixed Buzz')
Holy grail of Tax avoidance - Ireland, a Tax Haven? (See 'DDT' Column)
CX - Valuation - Principal to principal sale - no jobwork - Rule 10A of Valuation Rules not applicable: CESTAT (See 'Breaking News')
Hydro Power: 534 MW commissioned out of 10900 MW targetted during 12th Plan (See 'Mixed Buzz')
TNVAT - Whether goods can be detained by authorities on sole ground that Form JJ accompanying such goods did not bear printed serial numbers, although accompanying invoices carried no defects (See '2013-TIOL-431-HC-MAD')
IPL-fixing case: Income Tax probe begins in illegal cash transactions
PM says Indian economy is turning around; may exceed 6%
Import of De-oiled soya extract & Oil cake, Oil cake meal of Groundnut, Sunflower, Canola, Mustard to attract Nil Customs duty till 30th September, 2013 (See Tariff 30 in 'What's New')
Ponzi Scam: FM admits regulatory gaps; says efforts on to tailor New Law
Court extends police custody of CBI SP arrested in bribery case
Negative list services - Are they exempted for the purpose of ST 3 Return? (See 'DDT' Column)
Business and Welfare in India: A Historical Perspective (See 'Guest' Column)
TDS rate cut on interest payment may help Indian debt market, hopes MoF (See 'Mixed Buzz')
Can proceedings against co-noticees be deemed to be concluded if main assessee pays duty, interest and penalty - YES: CESTAT (See'DDT')
Tariff Values for Gold reduced (See NT 55 in 'What's New')
President appoints Defence Secy Shashi Kant Sharma as New CAG; Mr Sharma to take over on Thursday
Hardwork pays; CBDT issues fresh notices to non-filers; collects Rs 600 Cr from notices issued earlier (See 'Breaking News')
SC agrees to hear PIL to stay IPL matches on ground of spot-fixing
ACC appoints Anil Swarup as Addl Secy in Ministry of Labour + Vinod Kr Thakral as Addl Secy in Ministry of Steel
Justice K J Sengupta of Uttarakhand HC is promoted as Chief Justice of AP High Court (See 'Mixed Buzz')
Service Tax - Pre-deposit - Bharti Airtel gets relief of Rs 55 Cr from High Court (See 'DDT' Column)
CBEC allows filing of revised return for the period July to September 2012 (See 'DDT')
DVAT - Whether multifunctional printers are to be taxed as per unclassified rate of 12.5 per cent (See '2013-TIOL-424-HC')
Transaction Cost - Constitution of 2nd Task Force (See 'DDT')
FM's word of wisdom for Competition Commission - Beware of predatory behaviour (See 'Mixed Buzz')
India, China resolve to take measures to overcome trade imbalance (See 'Mixed Buzz')
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