News Update

Amarinder Singh decides to float own party; open to seat-sharing with BJP if farmers’ issues sorted outIndia tops tally in crop-burning related carbon emissions in last 5 years: StudyGovt to partner with Private Sector in future technology: MoSHealth Ministry sets up Committee to review tax rates for smoking and smokeless tobacco products for Budget 2022COVID-19: India’s R-value continues to be below 1 since SeptemberBangladesh PM asks HM to take action against riot incitersChina appoints West-sanctioned official as Tibet Party Unit ChiefGST - No re-hearing of a concluded matter is permissible while seeking review: HCGST - Grounds urged may be grounds of appeal but would not be grounds for review within the ambit and meaning of s.114 r/w Order 47 Rule 1 of the Code of Civil Procedure, 1908: HCGST - Refund of accumulated ITC - CBIC Circular 160 clarifies that restriction imposed under s.54(3) does not cover goods which are subject to Nil rate/fully exempt from export duty - petition allowed: HCNDPS - Non-compliance of s.42(2) and s.50 of the Act would go to the root of the matter and vitiate the trial - Overall evidence does not at all inspire confidence and, therefore, it is highly unsafe to rely upon the same: HCCOVID-19: India reports 12K new cases with 164 deaths but graph spiralling for UK with over 49K cases in 24 hoursNITI Aayog launches Geospatial Energy Map of IndiaUS tongue-lashes attack on Hindus in BangladeshCus - IS 1460:2017 mandates that 22 parameters are to be met - There is no exception that even if a few parameters are met, the product could still be considered as HSD: CESTATGovt appoints officers with new jurisdiction for Plant Protection, Quarantine & StorageISA Assembly to debate on PM's 'One Sun One World One Grid' InitiativeRBI fines SBI Rs one crore for non-complianceCus - Burden is on the revenue, when the classification claimed by the appellant is challenged, to prove that the product is other than base oil: CESTATChinese draft legislation proposes to penalise parents for bad behaviour by children
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EDITORIAL

Taxindiaonline.comt



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