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TMI - e-Newsletter TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Excessive delay in issuing show cause notice &... TaxTMI Rectification: Show Cause Notice quashed for period... TaxTMI Investor locked into long-term capital gains bonds;... TaxTMI Customs duty dispute: Imported goods classified as... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Bank penalized for delayed reporting of high-value... TaxTMI EOUs face automated Import Rules from 17.09.2024 -... TaxTMI Steel Extending validity of customs valuation rules... TaxTMI Relaxations for employee benefit trusts, aligned... TaxTMI New SEBI circular relaxes rules for REITs, enables... TaxTMI Phased rollout of quality standards for low-voltage... TaxTMI Virtual Hearings Mandatory: CBIC Reinstates Video... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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May 26, 2017 Central Board of Direct Taxes (CBDT) Issues Clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response May 26, 2017 Start Up -Definition changes May 25, 2017 African development Bank’s President thanks India for success of the annual meetings of the bank held in Gandhinagar; Expects that all these meetings would substantially contribute to the AFDB’S new transformation agenda encapsulated in the High 5s – related to the fields of power, Agriculture(food security), connectivity (Transportation), industrialization(Skill Development) and Health May 25, 2017 Keeping eye on impact of GST on telecom sector, says Sinha May 25, 2017 Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee (other than instant coffee) and Milk Powder; Present incidence of taxes on sugar is 8% while proposed GST rate on Sugar is only 5% i.e. 3% less; May 25, 2017 African Development Bank’s President Thanks India for success of the Annual Meeting of the Bank held in Gandhinagar May 25, 2017 RBI Reference Rate for US $ May 25, 2017 Cabinet approves policy for providing preference to 'Make in India' in Government procurements May 25, 2017 Cabinet approves phasing out Foreign Investment Promotion Board May 24, 2017 Income Tax Department Steps up Actions under Benami Transactions (Prohibition) Amendment Act, 2016 May 24, 2017 Key Achievements and Initiatives of Department of Financial Services for providing Social Security and Credit to various sections of society and ensuring Financial Inclusion May 24, 2017 GST execution from July 1 a challenge for industry May 24, 2017 GST Council may reconsider steep levy on hybrid cars next week May 24, 2017 RBI Reference Rate for US $ May 24, 2017 3rd RCEP Inter-sessional Ministerial Meeting May 23, 2017 Third lecture in the series ‘NITI Lectures: Transforming India’ on May 25th by renowned business strategist, economist and author, Dr. Michael Porter May 23, 2017 Prime Minister Gives a Clarion Call for Further Strengthening of Cooperation between India and African Countries May 23, 2017 Bilateral meetings - Ecuador and Colombia (16-19 May, 2017) May 23, 2017 Finance Secretary Shri Ashok Lavasa holds investor meetings at the India Financial Conference in New York City May 23, 2017 RBI Reference Rate for US $

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