Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Government Revises Customs Duty Conditions for...     TaxTMI    PAN Card Holders Must Link Aadhaar by December 31,...     TaxTMI    Export Entry Conversion Rules Allow One-Year Window...     TaxTMI    India Authorizes Export of Nine Essential...     TaxTMI    GST Amnesty Scheme Under Section 128(A) Offers...     TaxTMI    Insolvency Professionals Must Use Baanknet Platform...     TaxTMI    SEBI Extends Timeline for Retail Algorithmic...     TaxTMI    GST Orders Uploaded Without Proper Service Violate...     TaxTMI    GST Time Extension During COVID-19: Court Defers...     TaxTMI    Bail denied for mastermind accused of Rs. 53.03...     TaxTMI    Tax Relief: Exchange of Old Flat for New in...     TaxTMI    Interest on Rupee-Denominated CCDs Must Be...     TaxTMI    Taxpayer's Appeal Succeeds as Cash from Selling...     TaxTMI    SEBI Extends Cybersecurity Framework Compliance...     TaxTMI    SEBI Revises Lock-in Rules for InvIT Preferential...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Indian Laws - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Any Payment above ₹ 5,000 to Suppliers, contractors, ...


New Rule: Government Must Use E-Payments for All Transactions Over Rs. 5,000 to Suppliers and Contractors.

December 5, 2016

News     Indian Laws

Any Payment above ₹ 5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment

View Source

 

← Previous Next →

 

You may also like:

  1. Amendment to rules governing salary, allowances and service conditions of Chairperson and members of Insolvency and Bankruptcy Board of India. Key changes: Chairperson's...

  2. TDS u/s 194C - Addition u/s 201/201(1A) - TDS not deducted from the payments made to contractors under various schemes - The proviso clearly states that nothing...

  3. ITAT modified multiple additions in a tax appeal concerning bogus purchases and unexplained money. For contested purchases of Rs. 13,80,63,994, ITAT directed application...

  4. The CESTAT held that the imported betel nuts were rightly classified under CTH 0802 8030. While the minimum import price fixed by DGFT could not be treated as tariff...

  5. The Income Tax Appellate Tribunal ruled as follows: Transfer pricing adjustment u/s 92CA(3) for determining arm's length price on interest paid to a related party was...

  6. The notification amends the National Financial Reporting Authority (Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members) Rules,...

  7. Applicability of the Foreign Exchange Regulation Act (FERA) provisions to a non-resident bank and its CEO. The bank was charged with contravening sections 64(2), 6(4),...

  8. Refund claim of service tax paid on cancelled transactions - Post GST era - Rejection of refund under Rule 6(3) of Service Tax Rules read with Sec 142(5) of CGST Act -...

  9. Rejection of declared transaction value under Valuation Rule 12, re-determination of value under Valuation Rules 4-9. Commissioner followed Rule 9, adopted actual values...

  10. The ITAT allowed the assessee's appeal, reversing the AO's disallowance of gold hire charges. The Tribunal found that the assessee company had valid Gold Hire Agreements...

  11. Provisional attachment of escrow bank account - shares of the petitioner / contractor - Joint Escrow account opened by the Principal - GST Evasion - we lift the...

  12. Release of goods - insecticides, pesticides and other agrochemicals including technical such as “Cyantraniliprole Technical” - Import through Port which is not a...

  13. The ITAT upheld the Assessing Officer's determination that the actual sale consideration for the immovable property was Rs. 5,04,80,000/-, rejecting the assessee's...

  14. Importer imported footwear and evaded duty by deliberately claiming lesser IGST rate, violating N/N. 1/2017 which mandated mentioning sale price on footwear to claim...

  15. HC allowed the petition and set aside the impugned order and notice u/s 148A(b). AO failed to establish that petitioner had received any amount exceeding Rs. 50,00,000/-...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Exporters Navigate Complex Tax Incentives Through Advance Authorizatio...
F: Duty Drawback Confirmed for Nepal and Bhutan Exports: Foreign Currency...
F: Navigating TDS Complexities for Band Performances: Professional Fees, ...
H: Government Revises Customs Duty Conditions for Imported Goods, Removes...
H: PAN Card Holders Must Link Aadhaar by December 31, 2025, Under Section...
H: Mandatory Aadhaar Disclosure for PAN Holders Issued Before October 202...
H: Export Entry Conversion Rules Allow One-Year Window with Potential Six...
H: Exporters Get Streamlined Documentation Rules: Electronic Amendments, ...
H: Taxpayers Can Leverage Section 128A Benefits for Tax Payments Made Bef...
H: Customs Extends Sea Cargo Manifest Electronic Filing Deadline to May 2...
A: NGOs Can Now Easily Secure Tax Exemptions Through Streamlined 12A Onli...
A: Digital Export Revolution: Simplified Scheme Corrections Now Possible ...
A: Property Sale Value Dispute: Section 50C Requires Proper Valuation Pro...
A: GST Discounts Decoded: Navigating Promotional Strategies, Invoice Mana...
A: Consumer Rights Strengthened: New Act Empowers Buyers with Robust Prot...
A: Sustainable Aquaculture: Global Trade Balancing Ecosystem Health, Food...
A: Empowering Local Artisans: SHGs Leverage Digital Platforms and Global ...
A: Reimagining Sustainable Living: Transforming Consumer Habits to Heal E...
A: Massive Traffic Rule Overhaul: Hefty Fines, Potential Jail Time Introd...
A: Customs Rules Update: Expanded Origin Documentation Streamlines Intern...
A: Eco-Friendly Electoral Reforms: Transforming Political Campaigns Throu...
A: Transforming Cooling Technologies: Sustainable Refrigerants as Key Str...
H: Pharmaceutical Exporter Wins IGST Refund Claim, Court Orders Immediate...
H: Legal Challenge Upheld: Statutory Non-Compliance Invalidates Order Whe...
H: Accused Granted Bail in GST Evasion Case After Careful Review of Inves...
H: Legal Challenge to CGST Act Section 16(2)(c) Succeeds: Procedural Dela...
H: Tax Order Quashed: Procedural Defects Invalidate Summary Dismissal of ...
H: Legal Relief Granted: GST Registration Restored After Director's Death...
H: Income Tax Department Transfers Assessment Files Under Section 127, En...
H: Tax Reassessment Invalidated: Second Section 148 Notice Exceeds Four-Y...