Page-3 of Taxation in India Current Affairs, GK & News
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 the council in its 33rd meeting for lower effective GST rate of 1% in case ..
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 tax officer before a notice is issued and setting a time limit for concluding an ..
Topics: Central Civil Services • Economy of India • Government of India • Income Tax • Income Tax Department • Income tax in India • Ministry of Finance • Poonam Kishore Saxena • Tax • Taxation in India
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 was named as an new Election Commissioner (EC) of India. The CBDT Chairperson is ex-officio ..
Topics: Central Civil Services • Chairperson, Central Board of Direct Taxes • Economy of India • Government of India • Income Tax Department • Income tax in India • India • Indian Revenue Service • Ministry of Finance • Secretary to the Government of India • Taxation in 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 (CBDT).With his appointment, the Commission now has Sunil Arora as the Chief Election Commissioner (CEC) ..
Topics: Ashok Lavasa • Central Civil Services • Chairperson, Central Board of Direct Taxes • Civil Services of India • Election Commissioner of India • Government of India • Indian general election • Ministry of Finance • Sunil Arora • Taxation in India
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 Sudhir Mungantiwar will examine uniformity of taxation on lottery under GST or other issues arising ..