News Update

I-T - Merely mentioning income in P&L a/c and in Balance sheet does not absolve assessee from disclosing such income in returns: HCE-Way Bill - Clarification sought on movement of goods from dry to sea portsGST exemption granted to skill development, start-ups and tourismGST - Tax sops only through budgetary support: MoSRailways to go for GPS-based mapping of assetsParliament passes Payment of Gratuity Amendment Bill, 2018Govt to promote 12 Services as 'Champion Services' for exportsGST - Inclusion of Petrol and diesel under GST – It is for GST council to take a call - Petition dismissed: HCAadhaar chief to make detailed presentation before Apex CourtEnforcement Directorate raids its own officers in Ponzi Scam case in ChandigarhIf meat of the matter is ignored, justice is a distant dream (See 'TOG Insight' in duty imposed on imports of ‘Resorcinol’ from China PR & Japan and on ‘Monoisopropylamine’ from China PRSC says NO to removal of Bombay HC stay on Reliance Communication assets saleGST - Data Analytics turning out to be most potent anti-evasion tool!EU digital economy taxation proposal (See 'TII Edit')Sops for N-E Industrial Development capped at Rs 200 Cr per unitNational Health Mission - Rs 85200 Cr budgetary support till 2020I-T - Merely because a delinquent has managed to escape punishment, will not safeguard other similarly-placed wrong-doers from prosecution or penalty: ITATSSO - One Establishment, Two registrations, many issuesCX - Without a re-classification for assessment, there is no scope for denying CENVAT credit on inputs that find use in manufacture: CESTATUnion Cabinet gives nod to Rs 3000 Crore N-E Industrial Development Scheme + amendment to India-Qatar DTAA + amendment in Surrogacy Bill, 2016 + continuation of National Health Mission
Untitled Document


Parliament should periodically debate CAG reports
Published: December 23, 2016
Invoke Cooperative Federalism to Check Tax Uncertainty
Published: December 02, 2016
Piecemeal initiatives like Demonetisation can't kill black money & bribery
Published: November 11, 2016
Policy makers in debt-stressed nations should act on IMF's recipe
Published: October 20, 2016
Rail Budget merger without holistic reforms implies window-dressing
Published: September 28, 2016
Fast-track enactment & enforcement of anti-corruption laws
Published: September 02, 2016
Pool CAG's compliance audit findings into State of Governance Report
Published: August 13, 2016
Shed inertia over public debt reforms
Published: July 28, 2016
Manage PM-defined 'personal Sector' By Monitoring Mudra & Its Ilk
Published: July 13, 2016
Revenue Deptt. can do wonders if it follows PM's RAPID mantra
Published: June 22, 2016
Capital Good Policy Execution can make or mar or #Make In India
Published: June 03, 2016
Smugness over pace & direction of Fiscal Reforms not good for growth
Published: May 13, 2016
Galloping wilful defaulters mock at Indian banking sector
Published: May 06, 2016
Panama Papers give timely stimulus to global tax cooperation
Published: April 20, 2016
Modi Govt to shift gears from incremental reforms to innovative ones
Published: April 03, 2016
India needs Transformational Agenda to check revenue leakages
Published: March 16, 2016
Manage NPAs through a multi-facet approach
Published: February 26, 2016
Budget should fresh light on GAAR and BEPS
Published: February 10, 2016
Substitute piecemeal approach with a composite one to fuel growth
Published: January 24, 2016
Substitute piecemeal approach with a composite one to fuel growth
Published: January 08, 2016