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19, March 2019

Goods and service tax Council   News Flash The GST council met today to clarify on the taxation of real estate projects, among other things. The Council will finalise the rules regarding the already availed Input Tax Credit (ITC) by real estate developers for under-construction projects before the new tax rates come into force from the next financial year.   New announcements GST on under-construction projects will be slashed from 12% to 5%. And on…

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18, March 2019

Theatre Level Readiness and Operational Exercise (TROPEX) (Ministry of Defence)   WHAT Commanders-in-Chief of all the three naval Commands, along with senior operational commanders and representatives from Indian Army, Air Force and Indian Coast Guard attended and participated in the discussions held at the Naval Base, Kochi.   TROPEX 2019 It is large-scale coastal defence exercise to test robustness of entire coastal security apparatus. (January to March 2019). It is yearly exercise that takes place…

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