As we know the President of India, on Thursday (September 08, 2016) gave assent to the Constitution Amendment Bill on Goods and Services Tax (GST), a major step towards rolling out the new indirect tax regime which the Modi government wants to come into effect from April 1 next year. The passage of the bill … Continue reading GST Update_Constitute a GST Council

The Hon’ble Delhi High Court in the matter of eBIZ.com Private Limited versus Union of India & Ors. summarised the provisions of the Finance Act, 1994 relating to Arrest of a person under Section 90 and 91 of the Act as under: Please refer Para 79 of the judgment (click on the link http://lobis.nic.in/ddir/dhc/SMD/judgement/01-09-2016/SMD01092016CW7562016.pdf) “The scheme of the … Continue reading Service Tax Update_Delhi High Court summarised the provisions of the Finance Act, 1994 relating to Arrest of a person under Section 90 and 91 of the Act

After *Telangana* (12th State), Mizoram has become *13th state* to ratify the GST Constitutional Amendment Bill after Assam , Bihar , Jharkhand , Himachal Pradesh, Chhattisgarh, Gujarat, Madhya Pradesh, Delhi, Nagaland, Maharastra, Haryana.

*Haryana* became the *eleventh* legislative assembly to ratify the GST constitutional amendment Bill in today's monsoon session held by the state assembly. Besides Haryana, ten states -- Assam, Bihar, Jharkhand, Maharashtra, Himachal Pradesh, Chhattisgarh, Gujarat, Madhya Pradesh, Delhi and Nagaland, have already ratified the bill.

As we all know, the Institute of Company Secretaries of India (“ICSI”) has recently declared the result of ICSI Executive and Professional Programme Examination Result June, 2016. It’s a matter of fact that ICSI has revised the syllabus for Professional Programme in the year 2013 and very first examination (Professional Programmer- New Syllabus) was conducted in … Continue reading ICSI_Impact of compulsory switch over after ICSI Professional Examination Result, 2016