Penalty provisions under the Finance Act, 1994 (Service Tax) and Central Excise Act, 1944 have been rationalised vide the Finance Act, 2015. Such provisions have been effective from May 14, 2015. Cases not involving where fraud or collusion or wilful mis-statement or suppression of facts or contravention of the provisions with the intent to evade … Continue reading CBEC Clarification with regard to issuance of Show Cause Notices and adjudication thereof after the amended penal provisions

Though the government may have made right to education a fundamental right by bringing into force the Right To Education (RTE) Act of 2009, but government schools are lagging far behind in providing quality education. No need to mention the reasons here as everybody knows the same. In a significant judgment, the Hon'ble Allahabad High … Continue reading Send Children of Officials to Government Schools: Allahabad High Court

As we all know the Select Committee constituted to examine the Constitution (122nd Amendment) Bill, 2014 submitted its report to Rajya Sabha on July 22, 2015. The same was subsequently approved by the Union Cabinet. However, the law makers ended the Monsoon Parliament session without approving the much awaited 122nd Constitutional Amendment on GST. The … Continue reading Goods And Services Tax (“GST”): Updates

We all celebrate this auspicious day (i.e. Independence Day) in our own way. There are different ways to celebrate this day in India. Every state has their own style, Delhi celebrates it with the speech of the Prime Minister and parade, the southern states show their own colors of independence. People, whether a student or … Continue reading HAPPY INDEPENDENCE DAY

The Supreme Court on Tuesday allowed the Centre to link the Aadhaar card with the public distribution system (PDS) and LPG. But the court made it clear that Aadhaar will not be mandatory for availing any social benefit scheme. The court said that the government was at liberty to use Aadhaar for PDS, especially distribution … Continue reading Aadhaar card optional for availing social benefit schemes: Supreme Court