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Posts published in “Business”

Merger of Banks

15 DEC 2018: TAC NEWS BUREAU

The Banking Companies(Acquisition and Transfer of Undertakings)Acts of 1970 and 1980 provide that the Central Government, in consultation with the Reserve Bank of India (RBI), may make a scheme, inter alia, for the amalgamation of any nationalised bank with any other nationalised bank or any other banking institution Various committees, including Narasimhan Committee (1998) constituted by Read More

Goods and Services Tax (GST) evasion

15 DEC 2018: TAC NEWS BUREAU

During the current financial year (between April 2018 to November 2018) 3196 cases involving an amount of Rs. 12766.85 Crore have been identified. Suspected GST Evasion amounting to Rs. 12766.85 has come to the light till the month of November, 2018. An amount of Rs. 7909.96 Cr. has been recovered during the period April 2018 Read More

RESTRICTIONS ON LOADING-UNLOADING OF GOODS IN DELHI MARKETS MAY HIT TRADE

07/12/2018: TAC NEWS BUREAU

In a matter being heard by Delhi High Court on stoppage of loading & unloading of material in Delhi markets in day time may pose serious threat to business activities in Delhi to a great extent. The attitude of the Court on this matter reflected at a hearing yesterday has caused an atmosphere of anxiety Read More

CAIT HAS URGED FM TO EXTEND LAST DATE OF FILING ANNUAL GST RETURN

06th December, 2018: TAC NEWS BUREAU

The Confederation of All India Traders (CAIT) in a communication she to Union Finance Minister Shri Arun Jaitley today has urged the extension of last date for filing Annual GST Return from 31st December,2018 to 31st March,2019. In its communication to Mr. Jaitley, the CAIT has invoked his attention towards GST mandate for filing Annual Read More

Northeast to focus on bamboo industry: Dr Jitendra Singh

05-12-2018 : TAC NEWS BUREAU

Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh said that with the assistance of Centre, Northeast will focus on bamboo industry in a big way, since this is a sector which has not received the deserved attention Read More

Examination for Confirmation of Enrollment of GST Practitioners

05-12-2018 : TAC NEWS BUREAU

Reference is invited to Press Releases dated 1.11.2018 and 29.11.2018 regarding exam to be conducted on 17.12.2018 for GST Practitioners (GSTPs) covered under clause (b) of sub-rule (1) of Rule 83 of CGST Rules 2017, i.e. those enrolled as a sales tax practitioners or tax return preparer under the existing law for a period not less than five Read More

Index of Eight Core Industries (Base: 2011-12=100) October, 2018

01-12-2018 TAC NEWS

1.       The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure. 2.       The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stood at 134.8 in October, 2018, which was 4.8 per Read More

IT IS SEALING EMERGENCY IN DELHI : CAIT ASK HOME MINISTER TO BRING ORDNANCE

22/11/2018: TAC NEWS BUREAU

In the backdrop scenario of sealing and it’s fear and harassment, the Confederation of All India (CAIT ) today asked Home Minister Rajnath Singh to bring an Ordinance to stop sealing in Delhi or categorically declare that Central Govt is not bringing any Ordinance to clear the Air. Since Parliament is now not in session, Read More

Sugar exports from India to China to begin soon

08/11/2018:TAC NEWS BUREAU

Export of raw sugar from India to China willbegin early next year. A contract for exporting 15,000tonnes of raw sugar has been entered to by the Indian Sugar Mills Association (ISMA) and COFCO, a Government of China run public sector company. This is due to the initiative taken by the Ministry of Commerce and several Read More

Good For Women. Good For India. Good for You.

06/112018: tac news

Women of India Organic Festival 2018 Culminates with a record sale of Rs. 2.75 Crores and Footfalls of 12 lakh The 5th edition of the 10-day “Women of India National Organic Festival 2018” organised by the Ministry of Women & Child Development culminated on the night of Sunday, 4th November, at the expansive grounds of Read More

India Surges 23 Ranks in ease of doing Business

03/11/2018:TAC NEWS BUREAU

India Surges 23 Ranks in ease of doing Business with port-led Development under Sagarmala Improving ‘Trading Across Border’   As per the World Bank report 2019 on Ease of Doing Business, India has taken a huge leap of 23 ranks from 100 in 2017-18 to 77 in 2018-19 indicating it is continuing its steady shift towards Read More

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