News Update

ST - Assessee ought not to have invoked Writ Jurisdiction straightway against the Assessment Order adjudicating the issue, which involves mixed questions of facts and law: HCWHO eyeing only 500 mn COVID-19 vaccine dose in Q1 of 2021Cus - Multiplying litigation by availing remedies in different forums is a deliberate effort on the part of the petitioner to abuse the process of law: HCSony to wind up Malaysian plant to consolidate businessCus - Department cannot be permitted to be a voluntary litigant in the Constitutional Courts especially to challenge orders of Single Judge without any valid rhyme or reason: HCRegulation Of Ott Platforms (See 'Corp Einsicht')Govt issues guidelines on advertising of online gaming & fantasy sportsCBDT issues posting order on promotion for five CCITsFour CCITs transferred to RFAC + Addl charge order for five CCITsAll states choose Option-1 to meet GST compensation shortfallCBDT issues fresh clarifications on provisions of Vivad se Vishwas SchemeGovt urges state food commissions to give special attention to vulnerable sectionIt is fit case for remand for reconsideration of additional evidence, where assessee is unable to furnish the same before the AO, due to the assessee's accounting staff having left it's employment: ITATRahul Navin, IRS officer of 1993 batch, appointed as Special Director in EDCOVID vaccine will be available in coming few weeks: PM ModiIncome arising from export cannot be divested from the export business of the undertaking for the purposes of Section 10A/10B: ITATCus - Confusion between numbers corresponding to claimed entry & eligible entry in respect of imported goods, cannot be construed as mis-declaration - declaration of tariff items & description of goods disprove charges of mis-declaration: CESTATGoyal stresses on need for standardization, quality monitoring of AYUSH productsStampede for vaccines - UN Chief cautions against 2021 turning into a mega disasterGovt may agree to tone down certain provisions of Agri ActsCanadian PM expresses concern over farmers’ stir in Delhi; India summons Ambassador to protestUS plans second economic stimulus; Talks gain momentumHyderabad local elections - BJP makes big gains even as TRS leads tallyRBI to make RTGS 24x7 service very soonSitharaman inaugurates Founding Day of DRILakshadweep Administrator Dineshwar Sharma passes awayCentre issues guidelines for feeder-level solarisation under PM-KUSUM SchemeST - SVLDRS, 2019 - Depriving the petitioner for the fault of the Department would be unfair and unreasonable: HCST demand communicated in May 2019 revised from 82 crores to 5 crores in December, 2019 - revised figure should relate back to the original quantification - SVLDRS-1 cannot be rejected on ground that liability was not quantified before 30 June 2019: HCCus - s.110 - It cannot be that seizure is made by one officer and the 'reasons to believe' are recorded by another officer: HCNDPS - Ganja recovered is between small quantity and commercial quantity - since appellant has already undergone six years RI out of the maximum punishment of 10 years, appeal allowed in part: SC LBPanel discussion on trade-based money laundering to mark DRI's Birthday todayST - VCES, 2013 - interest should have been computed on unpaid dues and not on declared amount: HCSolapur teacher bags USD one million global prize for promoting girls’ educationCGST - Tribunal not yet constituted, hence no precipitative action to be taken by respondent: HCCus - High Court need not entertain petition challenging O-i-O which was not appealed against before the Commr.(A), within the maximum limitation period: HCCX - Refund of duty claimed u/s 11B of CEA 1944 can be rejected only upon being ineligible as per statutory provisions - refund claimed prematurely is no grounds for rejection: CESTATSTIP 2020 can help India become future-ready to face situations like COVID-19
Untitled Document

Sl. No

YEAR

DATE

FINANCE MINISTER

1

1947 - 48

26.11.1947

RK SHANMUGAM SHETTY

1948 - 49

28.02.1948

RK SHANMUGAM SHETTY

3

1949 - 50

28.02.1949

JOHN MATHAI

4

1950 - 51

28.02.1950

JOHN MATHAI

5

1951 - 52

28.02.1951

CD DESHMUKH

6

1952 - 53

28.02.1952

CD DESHMUKH

7

1952 - 53

23.05.1952

CD DESHMUKH

1953 - 54

27.02.1953

CD DESHMUKH

9

1954 - 55

27.02.1954

CD DESHMUKH

10

1955 - 56

28.02.1955

CD DESHMUKH

11

1956 - 57

29.02.1956

CD DESHMUKH

12

1957 - 58

28.02.1957

TT KRISNAMACHARI

13 

1957 - 58

15.05.1957

TT KRISNAMACHARI

14

1958 - 59

28.02.1958

JAWAHARLAL NEHRU

15 

1959 - 60

28.02.1959

MORARJI DESAI

16 

1960 - 61

29.02.1960

MORARJI DESAI

17

1961 - 62

28.02.1961

MORARJI DESAI

18

1962 - 63

14.03.1962

MORARJI DESAI

19 

1962 - 63

23.04.1962

MORARJI DESAI

20

1963 - 64

28.02.1963

MORARJI DESAI

21

1964 - 65

29.02.1964

TT KRISNAMACHARI

22

1965 - 66

28.02.1965

TT KRISNAMACHARI

23

1966 - 67

28.02.1966

SACHIDANANDA CHOUDHARY

24 

1967 - 68

20.03.1967

MORARJI DESAI

25

1967 - 68

25.05.1967

MORARJI DESAI

26

1968 - 69

29.02.1968

MORARJI DESAI

27

1969 - 70

28.02.1969

MORARJI DESAI

28

1970 - 71

28.02.1970

INDIRA GANDHI

29

1971 - 72

24.03.1971

YB CHAVAN

30

1971 - 72

28.05.1971

YB CHAVAN

31

1972 - 73

16.03.1972

YB CHAVAN

32

1973 - 74

28.02.1973

YB CHAVAN

33

1974 - 75

28.02.1974

YB CHAVAN

34

1975 - 76

28.02.1975

C. SUBRAMANYAM

35

1976 - 77

15.03.1976

C. SUBRAMANYAM

36

1977 - 78

28.03.1977

H.M. PATEL

37

1978 - 79

28.02.1978

H.M. PATEL

38

1979 - 80

28.02.1979

CHARAN SINGH

39

1980 - 81

11.03.1980

R. VENKATARAMAN

40

1981 - 82

28.02.1981

R. VENKATARAMAN

41

1982 - 83

27.02.1982

PRANAB MUKHERJEE

42

1983 - 84

28.02.1983

PRANAB MUKHERJEE

43

1984 - 85

29.02.1984

PRANAB MUKHERJEE

44

1985 - 86

16.03.1985

V.P. SINGH

45

1986 - 87

28.02.1986

V.P. SINGH

46

1987 - 88

28.02.1987

RAJIV GANDHI

47

1988 - 89

29.02.1988

N.D. TIWARI

48

1989 -90

28.02.1989

S.B.CHAVAN

49

1990 - 91

19.03.1990

MADHU DANDAVATHE

50

1991 - 92

14.03.1991

YASHWANT SINHA

51

1991 - 92

24.07.1991

MANMOHAN SINGH

52

1992 - 93

29.02.1992

MANMOHAN SINGH

53

1993 - 94

27.02.1993

MANMOHAN SINGH

54

1994 - 95

28.02.1994

MANMOHAN SINGH

55

1995 - 96

15.03.1995

MANMOHAN SINGH

56

1996 - 97

28.02.1996

MANMOHAN SINGH

57

1996 - 97

22.07.1996

P. CHIDAMBARAM

58

1997 - 98

28.02.1997

P. CHIDAMBARAM

59

1998 - 99

01.06.1998

YASHWANT SINHA

60

1999 - 00

27.02.1999

YASHWANT SINHA

61

2000 - 01

29.02.2000

YASHWANT SINHA

62

2001 - 02

28.02.2001

YASHWANT SINHA

63

2002 - 03

28.02.2002

YASHWANT SINHA

64

2003 - 04

28.02.2003

JASWANT SINGH

65

2004 - 05 interim

03.02.2004

JASWANT SINGH

66

2004 - 05

08.07.2004

P. CHIDAMBARAM

67

2005 - 06

28.02.2005

P. CHIDAMBARAM

68

2006 - 07

28.02.2006

P. CHIDAMBARAM

69

2007 - 08

28.02.2007

P. CHIDAMBARAM

70

2008 - 09

29.02.2008

P. CHIDAMBARAM