News Update

Noida Airport gets ‘DXN’ code from IATAST - Issue was kept alive by department all these years by transferring SCNs to call book and without hearing the petitioner, impugned order was passed in a hurry - Order set aside and matter remanded: HCIncome Tax searches premises of Apple’s supplier in ChennaiGST - ITC refund - Circular No. 94/2019 - By adopting a pedantic approach, respondent could not have rejected the legitimate claim of the petitioner company: HCIndian shooter Esha Singh wins silver in Asian GamesGST - Works Contract undertaken - Chennai Corporation to consider representation of petitioner for reimbursing GST liability: HCPresident of India calls for more safety of womenCus - 16/2015-Cus as amended - Foreign Trade Policy 2015-2020 - Import of capital goods - IGST not required to be paid: HCJudicial Wisdom vs Administrative ArroganceGST - Mango Pulp - Pellucid mention of words 'was always meant to be @12%' in the Circular 179 indicates that the same has to be taken as being retrospective: HCIndia to commission anti-drone stations in all border StatesGST - When the whole country files returns and pays tax by uploading the same in the same software, it cannot be said that the GST portal is unviable: HCCBDT notifies changes to Rule 11UA relating to ANGEL TAXPop star Shakira again charged with tax fraud by SpainCX - As per settled position in law, Central Excise duty cannot be levied on subsidy amounts received under a State Government scheme: CESTATPunjab submits State Action Plan & District Plans to deal with stubble burningCalifornia is first State to impose tax on guns and ammunitionIndia made G20 a people-driven national movement: PMST - The fact that lump sum payment is received for services of transportation along with incidental loading and unloading will not change the essential character of principal service of transportation : CESTATRajasthan Police seizes fake gutka inputs worth Rs 25 Crore in ChittorgarhCentre finalises borrowing plan for Second Half of FY 2023-24Cus - Department has not produced any evidence to show that relationship between parties has influenced the price, reasons for rejecting transaction value is not in consonance with law : CESTATWaheeda Rehman to be honoured with Dadasaheb Phalke AwardUS Judge admits Trump conned by inflating value of assetsGST Council to hold 52nd meeting on Oct 7 at Vigyan Bhawan
Untitled Document
SAVINGS SCHEME NOTIFICATION
Senior citizens savings scheme - 7.6% interest rate notified from Oct 1, 2022
Govt notifies 7.1% interest rate for Non-Govt PF
Special Deposit Scheme - Govt notifies 7.1% interest rate for period between April to June 2020

Senior Citizen Savings Scheme Rules amended to make it 50 years in place of 'irrespective of the above age limit'

National Savings Time Deposit - Rule 5 amended to make 100 as 200

National Savings Monthly Income Account Rules amended to substitute 100 by 1500

National Savings Certificate - Lesser benefit if resident becomes non-resident

NSC interest Rates revised

KVP interest rates revised

Rates for FDs in post office revised

8.3 % rate notified for Sukanya Scheme

Post office (Monthly Income Account) Rules, 1987 amended to notify 7.5% rate

Senior Citizen Savings Scheme - 8.3% Rate of interest after July 1, 2017 notified

Post Office Recurring Deposit Rules amended to reduce interest rate

Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in small Savings scheme
Revision of interest rates for Small Savings Schemes
Revision of interest rates for Small Savings Schemes-discontinuation of physical pre-printed NSC and KVP certificates - regarding
North Block notifies 8.1% interest rate for General Provident Funds
Govt notifies establishment of Senior Citizen Welfare Fund; Huge amount of unclaimed funds lying with PPF, post office schemes and others to be transferred to New Fund
Govt notifies Sukanya Samriddhi Account Rules
Revision of interest rates for Small Savings Schemes.
Sr Citizens Savings Scheme amended
Sr Citizen Savings Scheme - 9.3% interest rate fixed
9.2% interest rate fixed for Sukanya Samriddhi Scheme
8.7% interest rate notified for Fiscal 2015-16
Govt notifies Sukanya Samridhi Account Rules, 2014
Public Provident Fund - Interest rate hiked to 8.7%
National Savings Certificates (IX Issue) - Rate of interest hiked
National Savings Certificates (VIII Issue) - Rate of interest hiked
National Savings Certificates (IX Issue) Rules, 2011 Notified
Post Office (Monthly Income Account) Scheme - Rate of interest hiked
Senior Citizen Savings Scheme - Rate of interest hiked
Post Office Recurring Deposit Scheme - Rate of interest hiked
Post Office Deposit Scheme - Rate of Interest hiked from April 1, 2014
Public Provident Fund Scheme, 1968 and Senior Citizen Savings Scheme, 2004 - Amendments in Rules
Senior Citizen Savings Scheme: Rule amended to allow spouse if sole nominee, to continue account
Notification
MoF notifies 8% interest rate for Savings (Taxable) Bonds, 2003

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