The Bank Guarantee / Legal Agreement is to be executed by the surety Bank (Guarantor)/ importer/exporter (party) on a non-judicial stamp paper an amount as may be prescribed by the concerned State Government under the Indian Stamp Act, 1899 or State act, as the case may be
The External Commercial Borrowing (ECB) Policy is reviewed periodically by the Government in consultation with RBI keeping in view the evolving macro economic situation, external sector assessment, needs of the corporate sector and sectoral requirements.
Desiring to amend the Convention between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Republic of India for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains signed at New Delhi on 25 January 1993 (hereinafter referred to as the Convention),
Wealth Creation has been a predominant culture of the businesses traditionally. But the formation of transnational corporations has given this view point a new and wider dimension. And that is the social responsibility of the business entities. Creating values should be the prime focus of the corporations rather than creating money only.
The Income Tax E filling website has undergone massive changes last week. The site has been modernized with growing need of Industry and professionals. The most important change is addition of professional window for chartered accountants. Till today, we have to file all income tax returns and related submissions like 154 through user account of concerned tax payer.
The Renewed and Improved Website of the IT Dept for the E-filing of the IT returns – www.incometaxindiaefiling.gov.in is ready to use –
Ammonia is imported by the appellant and after goods are cleared from the port and the goods are delivered to the appellants. Procurement of the input is over after taking delivery of the goods. Thereafter appellants are eligible for credit of service tax paid on inward transportation of the inputs as per definitions of the input service.
