Page-4 of Taxation in India Current Affairs, GK & News
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 analyse tax rate of GST and suggest a composition scheme for residential construction units. It ..
Category: Government Schemes Current Affairs
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 (composition) of the Task Force remain unchanged. Akhilesh Ranjan is presently serving as Member (Legislation) ..
Topics: Akhilesh Ranjan • Arbind Modi • CBDT • Committees • Convenor • Economy of India • Finance Minstry • Government of India • Income tax in India • India • Ministry of Finance • New Direct Tax Legislation • Persons in News • Taxation in India • The Income-tax Act
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 three months. Mishra succeeded Karnal Singh. The post of ED director is an additional secretary ..
Topics: Central Civil Services • Enforcement Directorate • Federal Emergency Management Agency • Government • Indian Revenue Service • Internal Revenue Service • Ministry of Finance • Money Laundering • Prevention of Money Laundering Act • Tax • Taxation in India
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 the GST Council by October 31. The Group of Ministers (GoM) has been set up ..
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 it or not. It also provides the details of the person/company collecting GST. This app, ..
Topics: Android • Central Board of Indirect Taxes and Customs • Computer architecture • Computing • Goods and services tax • Indirect Tax • Ministry of Finance • Modi administration • Operating systems • Tax • Taxation in India