Clarifications on implementation of GAAR provisions under the Income Tax Act, 1961

The General Anti Avoidance Rule (GAAR) provisions shall be effective from the Assessment Year 2018-19 onwards, i.e. Financial Year 2017-18 onwards. The necessary procedures for application of

Press Communique

The President has accepted the resignation of Shri V. Shanmuganathan, as Governor of Meghalaya and Arunachal Pradesh.

Water level of 91 major Reservoirs of the Country goes down by Two Per cent

The Water storage available in 91 major reservoirs of the country for the week ending on January 25, 2017 was 80.597 BCM, which is 51% of total storage capacity of these reservoirs.

Navy’s Theatre Level Exercise, TROPEX 17, gets underway

The Indian Navy’s Annual Theatre Readiness Operational Exercise (TROPEX) got underway on 24 Jan 17.

UIDAI Achieves 111 Crore Mark on Aadhaar Generation Unique Identity Covers to Over 99 Percent Adult Residents of India

Following is the statement by Shri Ravi Shankar Prasad, Minister of Electronics & IT and Law & Justice: “With 68th Republic Day, Unique Identification Authority of India (UIDAI) has achieved another landmark by generating 111 crore