Supreme Court Issues Directions to Speed Up MACT Claims Amid Six-Year Average Pendency  ||  Supreme Court: Sex Selection Practices Continues Due to Preference For Male Children  ||  Supreme Court: Injury From a Fallen Tree is Not a Motor Accident for MACT Claims  ||  Madras HC: Recent Tamil Nadu Elections Reflect Voting Beyond Caste and Community Considerations  ||  Supreme Court: Children Should Not Undergo Psychological Tests in Custody Cases Unless Necessary  ||  Jharkhand HC: Lokayukta Cannot Delegate Core Adjudicatory Powers Even in Case Against Brother  ||  Ker HC: Complainant Can Invoke Presumptions After Proving Transaction, Cheque Execution Convincingly  ||  Supreme Court Cancels SARFAESI Auction Sale After 16 Years Due to a 5-Day Payment Delay  ||  Jhar HC Orders 2-Month Probe Deadline, DGP Monitoring to Overhaul Sexual Violence Response in State  ||  Delhi HC: Social Media Cannot Undermine Judiciary; Intermediaries Must Act Without Court Orders    

CBDT signs 20 Unilateral Advance Pricing Agreements with Indian taxpayers- (Press Information Bureau) (30 Aug 2016)

MANU/PIBU/0724/2016

Direct Taxation

The Central Board of Direct Taxes (CBDT) entered into twenty (20) Unilateral Advance Pricing Agreements (APAs). The Eurozone is facing a mounting crisis that combines the fear of the economic yesterday and today, i.e., 29th August, 2016 and bv revised downwards consequences of the Brexit vote to leave the EU and a weaker growth outlook. The Bank of Japan has kept its key monetary policy tools unchanged, expanded its purchases of exchange traded funds, and will mount a comprehensive review of its policy framework in reaction to heightened uncertainty on the economic outlook. Among emerging market economies, growth continued to be sluggish in China.

On the domestic front, industrial production remains subdued with volume based indicators at the plant level (index of industrial production) and value based indicators at the establishment level (gross value added) continuing to diverge. Overall private investment demand continues to be lacklustre for a variety of reasons, and public investment accounts for a small share of total gross fixed capital formation in the economy. On the positive side, although global conditions continue to be fragile, stabilising commodity prices may be contributing to the uptick in India's exports. This, together with a good monsoon and the 7th Central Pay Commission (CPC) awards, can provide a boost to aggregate demand.

Tags : UNILATERAL   ADVANCE PRICING AGREEMENTS   SIGHING OF  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved