Maharashtra

SJVN Board recommends enhanced dividend to shareholders for 2012-13

The SJVN Board of Directors have recommended enhanced dividend to its shareholders for the financial year 2012-13. The net dividend pay out (excluding taxes) works out to Rs. 397.12 crore against Rs 388.84 crore paid for the financial year 2011-12. The dividend amounts to Rs 0.96 on a share of Rs. 10 each against Rs.0.94… Read More

Tags: Fiscal yearGovernment of IndiaHimachal PradeshIndiaMaharashtraNet profitVirbhadra SinghWind power

Constitution Of The Bombay High Court™s Tax Bench w.e.f. 10.06.2013

The Constitution of the Tax Bench in the Bombay High Court w.e.f. 10.06.2013 has been announced. The following is the Constitution: 1. THE HON™BLE CHIEF JUSTICE AND THE HON™BLE SHRI JUSTICE M.S. SANKLECHA (COURT ROOM NO. 52) MONDAY TO FRIDAY EXCEPT THURSDAY   For admission, final hearing and Interlocutory applications therein:- Original Side Civil Writ Petitions… Read More

Tags: ArbitrationBombay High CourtHonIncome taxLawMaharashtraThe HonourableWrit Petition

Appointment of Common Adjudicating Authority

F. No. 437/31/2013-Cus-IV Government of India Ministry of Finance (Department of Revenue) Central Board Excise & Customs New Delhi, dated the 23rd May, 2013 ORDER In terms of Notification No.15/2002-Customs (N.T.) dated 07.03.2002 ( as amended) issued under sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Board hereby assigns the Show Cause Notice F. No.… Read More

Tags: ChennaiDirectorate of Revenue IntelligenceGovernment of IndiaHM Customs and ExciseKolkataMaharashtraNew DelhiNhava Sheva

Maharashtra Plan For 2013-14 Finalized

The Annual Plan for the year 2013-14 for Maharashtra was finalized here today at a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Maharashtra, Shri Prithviraj Chavan. The plan size has been agreed at Rs.49,000crore. In addition the PSE plan has been fixed at Rs. 31.500 crore. The aggregate… Read More

Tags: Five-year plans of the People's Republic of ChinaGross domestic productMaharashtraMontek Singh AhluwaliaPlanning CommissionStateState GovernmentTamil Nadu

Progress Report of Delhi Mumbai Industrial Corridor Project

The Government of India has approved financial assistance of Rs 17,500 crore at an average of Rs 2500 crore per city (subject to a ceiling of Rs 3000 crore per city) for the development of the following seven DMIC industrial cities in the first phase: Dadri-Noida-Ghaziabad Investment Region, Uttar Pradesh; Manesar-Bawal Investment Region, Haryana; Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan; Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh; Ahmedabad-Dholera Investment… Read More

Tags: Delhi Mumbai Industrial Corridor ProjectDholeraDMICGujaratIndiaMadhya PradeshMaharashtraUttar Pradesh

Rs. 1693 Crore for National Mission on Micro Irrigation in 2013-14

Annual budget outlay of National Mission on Micro Irrigation (NMMI) scheme has been enhanced by approximately 13% from Rs.1500 crore for the financial year 2012-13 to Rs.1693 crore for the financial year 2013-14. Andhra Pradesh allotted higher sum of Rs 295.00 crore, Maharashtra Rs 250.00 crore and Gujarat gets Rs 200.00 crore under National Mission… Read More

Tags: AgricultureAndhra PradeshGujaratIndiaIrrigationLok SabhaMaharashtraMinister of State

States Advised to Facilitate Clearances for Coal Blocks

The coal bearing State Governments have been advised to facilitate and expedite in obtaining the various clearances, grant of mining leases and land acquisition by the coal blocks allocattees so that coal production can be increased. This information was given by the Minister of State for Coal, Shri Pratik PrakashBapu Patil in a written reply in Rajya Sabha  today. He said that a total… Read More

Tags: CoalCoal miningGovernmentJharkhand State Electricity BoardMadhya PradeshMaharashtraNational Thermal Power CorporationRajya Sabha

Appointment of Common Adjudicating Authority

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)] Government of India Ministry of Finance (Department of Revenue) Notification No. 44 / 2013-Customs (N.T.) New Delhi, dated the 22nd April, 2013 S.O.          (E). In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5… Read More

Tags: April 2013Central Board of Customs & ExciseGazette of IndiaGovernment of IndiaHM Customs and ExciseIndiaMaharashtraNew Delhi

Appointment of Common Adjudicating Authority

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)] Government of India Ministry of Finance (Department of Revenue) Notification No.42 / 2013-Customs (N.T.) New Delhi, dated the 22nd  April, 2013 S.O. (E). In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of… Read More

Tags: Gazette of IndiaGovernment of IndiaHM Customs and ExciseIndiaLudhianaMaharashtraNew DelhiSahnewal

CG notification on maximum deduction to eligible institutions u/s 35AC

NOTIFICATION NO. 97/2012 [F.NO. V. 27015/4/2012-SO(NAT.COM]]/S.O. 627(E), DATED 12-3-2013 In exercise of the powers conferred by sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee for Promotion of Social andEconomic Welfare, hereby notifies the institutions approved by the… Read More

Tags: ChennaiIndiaKolkataMaharashtraMumbaiTaluka MavalThe Income-tax Act 1961West Bengal

Mahrashtra Tax Laws (Levy & Amendment Act) 2013 – Changes in MVAT and other Laws

Notification to amend the MVAT and other laws L.A. Bill No. XI of 2013 to amend certain tax laws in operation in the State of Maharashtra published. Major changes in MVAT laws are as follows - Single revised return for the year provided in case of revision as per the audit report u/s 61 or… Read More

Tags: Auditor's reportIndiaMaharashtraMVATnotificationValue Added Tax

MVAT Amendment in VAT Rate on Precious Stone (Diamond) Wef 01.04.2013

FINANCE DEPARTMENT Mantralaya, Madam Cama Marg, Hutatma Rajguru Chowk, Mumbai 400 032, dated the 4th April 2013. NOTIFICATION MAHARASHTRA VALUE ADDED TAXACT, 2002. No. VAT. 1513/CR 46(7)/Taxation-1.”Inexercise of the powers conferred by sub-section (1) of section 9 of theMaharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government ofMaharashtra hereby amends,SCHEDULE ˜B™ appended to the said Act, as follows, namely: In… Read More

Tags: 1st April 2013GemstoneList of Governors of MaharashtraMaharashtraMantralayaMumbaiShivaram RajguruValue Added Tax

MVAT appends entries under Textile articles suitable for industrial use

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, Dated the 30th March 2013. NOTIFICATION Maharashtra Value Added Tax Act, 2002. No. VAT 1513/ CR 46 (3)/ Taxation 1.” In exercise of the powers conferred by sub-entry (a) of entry 101 of SCHEDULE 'C appended to the Maharashtra Value Added Tax Act, 2002 (Mah. IX… Read More

Tags: BusinessGovernmentMaharashtraMaharashtra Value Added Tax ActMantralayaMVATTextileValue Added Tax

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