News

RBI keeps headline rates unchanged; Global outlook 'clouded', GST to boost investment

RBI bi-monthly monetary policy review keeps repo, reverse repo rates, CLR & SLR unchanged in view of 'evolving' macroeconomic situation;

Aug 09,2016

CBDT Committee suggests options to soften MAT blow on Ind AS adoption

MAT - Ind AS Committee (constituted by CBDT) submits further recommendations / suggestions  on framework for computation of book profit for the purposes

Aug 05,2016

Mauritian Budget emphasizes on Preferential Trade Agreement with India; Announces tax holidays

Mauritian Union Budget 2016-17, presented by Finance Minister Pravind Jugnauth on July 29th, announces 5-year tax holiday for Foreign Ultra High Net

Aug 03,2016

Due-date for filing personal tax-returns extended to Aug 5

Revenue Secretary Hasmukh Adhia tweets that considering the bank strike, the due date of filing return of income is being

Jul 29,2016

Tax offices to remain open on July 30-31st weekend for accepting tax returns

Tax offices to remain open on July 30-31st weekend for accepting tax returns

Jul 29,2016

CBDT: Clarifies on age calculation, senior-citizen status attained on March 31 if birthdate is April 1

CBDT clarifies that a person born on April 1, would be considered to have attained a particular age on March 31

Jul 27,2016

OECD: Global Forum publishes 10 new peer-review reports; Switzerland rated ‘largely compliant’

OECD Global Forum on transparency and exchange of information (‘EOI’) for tax purposes publishes 10 new peer review reports, demonstrating continuing

Jul 27,2016

OECD - Releases Report on enhancing external support effectiveness for building tax-capacity in developing-countries

OECD, UN, IMF and WBG jointly present report on enhancing the effectiveness of external support in building tax capacity in developing

Jul 27,2016

ITAT Member Shri. Abhraham George transferred to Chennai ITAT

ITAT (Bangalore) Member Shri. Abhraham P. George transferred to Chennai ITAT with immediate effect.          

Jul 27,2016

CBDT: Rashmi Ranjan Das appointed Joint Secretary (TPL-1)

CBDT appoints Rashmi Ranjan Das as Joint Secretary (TPL-I), to replace Ms. Pragya Saksena who has taken charge as Joint

Jul 27,2016

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