Home Highlights November 2016 Year 2016 This

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1. PM launches historic Support and Outreach Initiative for MSME Sector

2. Amendment of section 35. - to reduce the said weighted deduction from one hundred seventy-five per cent. to one hundred fifty per cent. from financial year 2017-2018 to...

3. White Paper on Black Money.

4. Amendment in Law to Prevent Black Money.

5. Compounding of offence under Section 266G of the Companies Act, 1956 - on facts, the nature of offence which the company has charged does not invite with imprisonment or...

6. Money Laundering - proceeds of crime - attachments of the property - investigation for a period beyond three hundred and sixty five days not resulting in any proceedings...

7. Jurisdiction to entertain the petition - f the five different acts were done in five different localities - any one of the courts exercising jurisdiction in one of the...

8. All the remaining provision of The Constitution (One Hundred and First Amendment) Act, 2016 comes into effect w.e.f. 16-9-2016

9. Provisions relating to Formation of GST Council comes into effect from 12-9-2016 - The Constitution (One Hundred and First Amendment) Act, 2016 - Notification

10. Amendment of section 35CCD. - expenditure on skill development project - to reduce the deduction from one hundred fifty per cent. to one hundred per cent. from the...

11. Amendment of section 35CCC. - expenditure on agricultural extension project - It is proposed to amend the said section so as to reduce the deduction from one hundred...

12. Rajya Sabha passed the historic GST Constitution Bill today unanimously

13. Parliament Passes the Historic Companies Bill 2012

14. The existing provisions of section 230(1A) of the Income-tax Act, 1961, require obtaining a tax clearance certificate from income-tax authorities before leaving India,...

15. Proposed amendment enables recovery of existing liabilities under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 from seized assets...