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The Rajya Sabha passed these Bills on 6 April 2017 which were then enacted as Acts on 12 April 2017. Thereafter, State Legislatures of different States have passed respective State Goods and Services Tax Bills. After the enactment of various GST laws, Goods and Services Tax was launched all over India with effect from 1 July 2017. [18]
The bill was passed by the Rajya Sabha on 3 August 2016, and the amended bill was passed by the Lok Sabha on 8 August 2016. [ 6 ] The bill, after ratification by the States, received assent from President Pranab Mukherjee on 8 September 2016, [ 7 ] [ 8 ] and was notified in The Gazette of India on the same date.
With effect from 1 April 2017, the Income-tax Act, 1961 has introduced the General Anti-avoidance Rules. The intent of the bringing the said rules is to curb the ill-practices of the tax payers & tax practitioners assisting the tax payers in avoiding the tax where the tax impact of the arrangement or the transactions is more than INR Three ...
What happens after an executive order is signed? After a president signs an executive order, the White House sends the document to the Office of the Federal Register, the executive branch's ...
A version of the bill was filed in the Senate in March 2017 by Senate President Aquilino Pimentel III. By May 2017 six public hearings were conducted by the senate. The Senate had to wait for the House of Representatives version to get passed before it could start plenary discussions like other bills on budget or tax and appropriations.
Lacy declared for the 2025 NFL Draft on Dec. 19, two days after the crash, and skipped LSU’s Texas Bowl win against Baylor. Louisiana State Police said that they have been in contact with Lacy ...
A coalition of attorneys general from 21 Republican-controlled U.S. states has twice warned the ABA that its law school accreditation rules, which require schools to show commitment to diversity ...
The Fiscal Responsibility and Budget Management Bill (FRBM Bill) was introduced in India by the then Finance Minister of India, Yashwant Sinha [1] in December 2000. Firstly, the bill highlighted the terrible state of government finances in India both at the Union and the state levels under the statement of objects and reasons. [2]