New Delhi hosted 34th GST Council meet on GST rate

The 34th GST council meet was held on 19th March, 2019 at New Delhi. The meeting was held to decide on modalities for GST applicability on Real Estate Sector. The meeting has discussed the operational details for implementation of the recommendations made by ..

Sanjeev Sharma head of CBDT panel to help bring down tax litigation]

The Central Board of Direct Taxes (CBDT) has formed a four-member committee to look into the matter of taxation related pain points and submit its final report and recommendations by mid-March 2019. Its recommendations could include applying a filter for ..

Pramod Chandra Mody appointed as chairman of Central Board of Direct Taxes (CBDT)

Pramod Chandra Mody, a 1982 batch Indian Revenue Service (Income Tax cadre), has been appointed as the new chairman of Central Board of Direct Taxes (CBDT), the top policy making body of income tax department,. He succeeded Sushil Chandra, who ..

Sushil Chandra appointed as Election Commissioner (EC) of India

Sushil Chandra, an IRS-IT officer of the 1980 batch, has assumed charge as the new Election Commissioner (EC) of India on 15th of February 2019. Prior to joining ECI, he was the Chairman of the Central Board of Direct Taxes ..

Sudhir Mungantiwar convenor of newly constituted Group of Ministers (GoM) to look at issues related to lottery under GST

In pursuance of decision in the 32nd Meeting of GST Council held on 10th January 2019 at New Delhi, a Group of Ministers (GoM) on issues relating to lottery has been constituted. The ministerial panel headed by Maharashtra Finance Minister ..

Nitin Patel heads of Group of Ministers (GoM) for GST issues in real estate

The Government of India (GoI) has constituted a 7-member Group of Ministers (GoM) to boost the real estate sector under the GST regime. Deputy Chief Minister of Gujarat Nitin Patel will be the convener of the GoM. The panel will ..

Akhilesh Ranjan appointed as Convenor of Task Force drafting New Direct Tax Legislation

Union Finance Ministry has appointed Akhilesh Ranjan, Central Board of Direct Taxes (CBDT) member as Convenor of Task Force that is drafting New Direct Tax Legislation (Law). He will replace Arbind Modi who retired in September 2018. The other members ..

Month: Current Affairs - November, 2018

Sanjay Kumar Mishra given charge of Enforcement Directorate (ED) director for three months

Sanjay Kumar Mishra, a 1984-batch Indian Revenue Service (IRS) officer of the Income Tax cadre, has been appointed as the principal special director in the central probe agency and entrusted with the “additional” charge of Enforcement Directorate (ED) director for ..

Sushil Modi to head Group of Ministers to examine modalities for ‘calamity tax’ under GST

The Government of India (GoI) has recently constituted a 7-member ministerial panel headed by Bihar Deputy Chief Minister Sushil Modi to examine modalities for revenue mobilisation in case of natural calamities and disasters. The panel would submit its report to ..

Central Board of Indirect Taxes and Customs (CBIC) launches ‘GST Verify’ app to protect interest of consumers

The Central Board of Indirect Taxes and Customs (CBIC) has launched a mobile app ‘GST Verify’ to protect interest of consumers. It is an android app to verify if the person collecting GST from the consumer is eligible to collect ..