Articles

Equality in World of Workplace: International Women’s Day– March 8

We also need to encourage our girls to pursue broad range of careers (like military & sports) and choices beyond the traditional soft jobs like teaching banking etc. We need to teach our girls to dream big....

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Posted Under: Corporate Law |

Service Tax Exemption to Educational Institutions Curtailed

According to present clause 9(b) of exemption Notification No. 25/2012-ST dated 20-06-2012, exemption is provided from the levy of Service Tax in relation to services provided to an educational institution, by way of:...

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Posted Under: Corporate Law |

Fake Charities on IRS ‘Dirty Dozen’ List of Tax Scams for 2017

Fake Charities: Be on guard against groups masquerading as charitable organizations to attract donations from unsuspecting contributors. Be wary of charities with names similar to familiar or nationally known organizations. Contributors should take a few extra minutes to ensure their hard-earned money goes to legitimate and currently elig...

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Posted Under: Corporate Law |

Free e-Book on Compliances of Service Tax in Banking Sector

This publication has now been revised with changes made in the Law in last year and as well as proposed by Finance Bill 2017 and contains a detailed Questionnaire for Service Tax Audit of Banks, answering which will ensure compliance with various service tax regulations....

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Posted Under: Corporate Law |

Nari Shakti Puraskars 2016: International Women’s Day– March 08

Women have played an integral role in Indian history from ancient times. We find that in the Vedic or Upanishadic age Maitreyi, Gargi, and others ladies of revered memory have taken the places of rishis through their skill in discussing about Brahman. ...

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Posted Under: Corporate Law |

BCAS Post-Budget Memorandum On Finance Bill – 2017

We compliment you for the focused and non populist Budget that was presented on 1st February. The idea of combining the Rail Budget and the Finance Budget is also a welcome one....

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Posted Under: Corporate Law |

Avoid unethical tax return preparers touting inflated tax refunds: IRS

Taxpayers should be on the lookout for anyone promising inflated refunds. Be wary of anyone who asks taxpayers to sign a blank return, promises a big refund before looking at their records or charges fees based on a percentage of the refund. ...

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Posted Under: Corporate Law |

Discounting the Provisions (Time value of Money)-Ind-As/ IFRS

CA Anuj Agrawal Provisions are being made where there is an uncertainty of an Amount and Timing to discharge these liabilities which are being calculated based on estimations & other procedures adopted by the management prescribed as per applicable accounting standards. Under the current accounting practice there is no requirement for...

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Posted Under: Corporate Law |

Indian Stocks Soar but Banks are Weighing on the Nifty 50

The Nifty 50, India’s most liquid basket of stocks, broke out this week, testing the 9K level, following positive news about the potential growth of the economy according to the U.S. based credit rating agency Fitch.  With animal spirits across the globe driving share trading markets higher, India’s riskier assets will likely continu...

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Posted Under: Corporate Law |

With GST on anvil, do we really need TDS in income tax now?

With advent of GST, government will be able to track much more transactions due to invoice wise return, difficulty to bypass the credit chain and linking of income tax with indirect tax through PAN....

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Posted Under: Corporate Law |
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