Author: Harsha Premdev

  • Group study /discussions

    Anybody staying near vijayanagar , nagarabhavi in bangalore who is interested in discussing daily and looking for study partners ….. only serious aspirant can mail me at letter2harsha10@gmail.com

  • Cabinet approves proposal to notify Trade Facilitation Agreement

    http://www.livemint.com/Politics/WtEtVyJTm6eb30uYJGhxiM/Cabinet-approves-proposal-to-notify-Trade-Facilitation-Agree.html

  • A tradition that lands tribal youth in jail

    A tradition that lands tribal youth in jail

    The Protection of Children from Sexual Offences Act, 2012 (POSCO) is an effective deterrent to sexual exploitation and harassment of minors.

    Many tribals, who are ignorant of the stringent provisions in the Act, marry minor girls, in keeping with their traditional practice, and end up in jail on rape charges. Most cases are registered without any formal complaint from the girls or their parents.

    The situation is prevalent in almost all tribal belts of Kerala, the worst affected are the Paniya and Kattunaika community members in Wayanad.

    Child marriage is common among the Paniya and Kattunaikars tribes and this has remained a part of their custom for many years.

    These people are not aware of the existence of a law or even the age of majority status under the Indian law.

    The law needs sensible implementation. There is a blind spot in the law that says it is applicable to all people, irrespective of their customs, practices or their vulnerability.

  • All 360 toll plazas in India to have e-tolling system by April !!

    All 360 toll plazas in India to have e-tolling system by April

    Union Minister for Shipping, Highways and Road Transport Shri Nitin Gadkari announced that e-Tolling system on all the 360 toll plazas in the country will be operational by April this year.

    Special Purpose Vehicle (SPV) will be formed to implement this project.

    . ETC determines whether the cars passing are enrolled in the program, alerts enforcers for those that are not, and electronically debits the accounts of registered car owners without requiring them to stop.

    The introduction of e-tolling will reduce waiting time at toll plazas and save cost and fuel.

    In 1959, Nobel Economics Prize winner William Vickrey was the first to propose a system of electronic tolling for theWashington Metropolitan Area.

  • CBDT resolves disputes under Mutual Agreement Procedure (MAP) of Tax Treaties !!

    CBDT resolves disputes under Mutual Agreement Procedure (MAP) of Tax Treaties !!
    The Central Board of Direct Taxes (CBDT) has resolved 180 cases through a Mutual Agreement Procedure (MAP).
    The total amount of income locked- up in dispute in these cases is approximately Rs. 5,000 crore.
    The resolved cases pertain to various sectors of the economy like software services, IT enabled services, manufacturing and consultancy services, etc.
    The countries with which cases have been resolved are USA, Japan, United Kingdom and China.
    MAP has emerged as an effective alternative tax dispute resolution mechanism.
    In the last two years, increased focus on MAP has resulted in resolution of large number of disputes relating to double taxation.
    Double Taxation Avoidance Agreements (DTAAs) i.e. Tax Treaties signed by India with various countries contain an Article to relieve taxpayers from double taxation through a Mutual Agreement Procedure (MAP).
    The MAP program is led by one or more Competent Authorities designated by the signatory countries to resolve tax disputes under the provisions of each treaty.
    About CBDT:
    The Central Board of Direct Taxes (CBDT) provides essential inputs for policy and planning of direct taxes in India and is also responsible for administration of the direct tax laws through Income Tax Department.
    The CBDT is a statutory authority functioning under the Central Board of Revenue Act, 1963.