Cabinet approves 10% stake sale in IOC and 5% in NTPC
NewDelhi/Nagpur: The Cabinet Committee on Economic Affairs on Wednesday cleared sale of a part of its equity in National Thermal Power Corporation and Indian Oil Corporation. The government is looking to sell 5 per cent of its shares in NTPC...
State Govt declares amnesty scheme for recovering pending LBT dues
Nagpur: In a major move, the Maharashtra Cabinet on Tuesday decided to implement “Abhay Yojana 2015” (Amnesty Scheme) to recover pending dues of Local Body Tax (LBT). In this scheme, those traders paying the original pending tax amount will be given relief...
Vicco Chairman Pendharkar conferred with ‘Marathi Udyojak Jeevan Gaurav Puraskar’
Nagpur: The Chairman and Director of Vicco Group of Companies Gajanan Pendharkar was conferred with “Marathi Udyojak Jeevan Gaurav Puraskar” for this year by Nirvan Institute. The Nirvan Institute confers the award year and this year, the industrialist of repute...
GST Bill goes to select committee of Rajya Sabha
NewDelhi/Nagpur: With no consenus in sight and the government facing a number crunch in the Rajya Sabha, the contentious land bill may be referred to a joint committee of both Houses of Parliament and the GST bill to a select...
Citizens invited to join Vidarbha Sinchan Shodh Yatra to Lower Wardha Project
Nagpur. Loknayak Bapuji Aney Smarak Samiti, Janmanch, Bharatiya Kisan Sangh, Swadeshi Jagaran Manch and the Vidarbha Economic Development Council (VED) conducted a survey of Turagondi dam project on 30th April only to find it in a shambles and the farmers in...
Development of WCL and Coal Industry is utmost priority : Rajiv R. Mishra
Nagpur. Dated May 11, 2015 SAMWAD-20 groups of Western Coalfields Limited organized a presentation before the Chairman cum Managing Director of Western Coalfields Limited, Rajiv Ranjan Mishra today at WCL headquarters, Sanskrutik Bhawan. While addressing on the occasion Mishra said that...
ADMA, VDMA organize workshop on vital topics concerning Ayurvedic drugs & industry
Nagpur. The Ayurvedic Drug Manufacturers Association (ADMA) and Vidarbha Drug Manufacturers Association (VDMA) jointly organized a one-day workshop on “Novel Formulation Technology for ASU production”, “Role of Microbiology Control in context of D & C Act 1940” and “National Biodiversity...
Property attached of Khushi Creations for failure of paying LBT
Nagpur: On 26.9.2014 a Search and Seizure action under section 152J of Maharashtra Municipal Corporations Act, 1949 was conducted by LBT Department on M/s Khushi Creations, 5-A, Vinkar Bhawan, Gandhibagh, Nagpur; owned by Shri Kamal Sunderlal Wadhwa. The dealer though imported...
LBT search & seizure action on M I Bath System, RF Array System Pvt. Ltd for dodging tax in lakhs
The Department also seizes bank accounts of eight reputed firms for evading LBT. Nagpur. In a major action, the Local Body Tax Department of Nagpur Municipal Corporation conducted search and seizure action at M/s M I Bath System, P.No.1, Laxmi Nagar, Nagpur;...
Trust between traders & Tax Department must for growth of country: Chief Commissioner Panda
Nagpur: The Chief Commissioner of Customs, Central Excise and Service Tax (Vidarbha Zone), S K Panda on Wednesday said, "The trust between traders and Tax Department is absolutely must for the growth of the country." He was speaking at an...
VTA welcomes passing of GST Bill
Vidarbha Taxpayers Association (VTA), a premier body representing traders, professionals and industries of Central India held a special Executive Body Meeting to appreciate clearing of major tax reform, Goods and Service Tax (GST) by parliament, which will replace patchwork of...
NVCC Executive Committee meeting on May 8
Nagpur: The 8th meeting of Executive Committee of Nag Vidarbha Chamber of Commerce (NVCC) will be held on Friday (May 8) at 6.30 pm in the Meeting Hall of the Chamber, Temple Road, Civil Lines, Nagpur, informed a press release...
Sustainable Agro-commercial Finance Ltd. (SAFL) Steps-up quantum of its credit facilities to Vidarbha
Nagpur: Managing Director and CEO of SAFL Arvind Sonmale while addressing the media personnel said that they are committed towards the development of agro-sector in India which in turn will assist the sustainable development and efficacy of farmers as well...
ICAI feted Chief Commissioner Central Excise Custom and Service Tax S K Panda
Nagpur: Nagpur Branch of The Institute of Chartered Accountants of India led by Chairman of ICAI Nagpur Branch CA. Kirti Agrawal met and felicitated Chief Commissioner Central Excise, Custom and Service Tax, Nagpur S K Panda. Chairman, Nagpur Branch of ICAI CA. Kirti Agrawal briefed about...
NMC LBT department conducted search and seizure action at Proline Fitness
Nagpur. Local Body Tax department conducted search and seizure action at the establishment named U B Enterprises (Proline Fitness), Jagat Plaza, Nagpur; owned by Ujjawal Bhoyar. The dealer is trading the fitness equipments. The dealer has made imports (purchases) worth Rs.34,11,469/- ...
Nagpur and Aurangabad in Maharashtra are best cities to invest now claims CM in France
NVCC felicitates Chief Minister Devendra Fadnavis Nagpur. Chief Minister Devendra Fadnavis reiterates the commitment of Maharashtra Government made during the State Budget that Local Body Taxes (LBT) will be abolished from August 1, 2015. Chief Minister Devendra Fadnavis began his speech by...
Panchvati Builder fined for not forming society of flat owners in Nagpur
Making a complete mockery of norms, a builder has failed to form a cooperative society for flat owners of a building for the last 13 years. Nagpur. Making a complete mockery of norms, a builder has failed to form a cooperative society...
“Companies Act-2013 has far reaching consequences- CA. B.K. Agrawal
Nagpur. With applicability of Companies Act 2013, many challenges are ahead in front of professionals. Companies Act- 1956 use to contain every provision in itself, whereas Companies Act-2013 is now governed by Rules & notifications. Significant changes like rotation of auditors,...
WCL Celebrated Coal Workers Felicitation Day.
Western Coalfields Limited (WCL) celebrated Coal Workers Felicitation Day on May,01 0215. This is important to mention here that on the same day Indian Coal Industry was also nationalized.
While addressing the gathering Chairman cum Managing Director of...
Sandvik Mining sets up Rs 2-crore refurbishment unit at Nagpur
Nagpur: Sandvik Mining, a leading global supplier of equipment and tools, service and technical solutions for the mining industry recently unveiled a 2,450 square meters refurbishment facility at Nagpur for catering to the aftermarket and maintenance needs of their key...
Indian IT sector has come of age: Verma
Nagpur: "India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country", said past president of Vidarbha Computer Association and VCMDWA, Nagpur, Vinod...