Sponsored
    Follow Us:

Archive: 15 May 2013

Posts in 15 May 2013

Infrastructure Debt Funds

May 15, 2013 576 Views 0 comment Print

Q.1 What is an Infrastructure Debt Fund (IDF)? Ans. IDFs are investment vehicles which can be sponsored by commercial banks and NBFCs in India in which domestic/offshore institutional investors, specially insurance and pension funds can invest through units and bonds issued by the IDFs. IDFs would essentially act as vehicles for refinancing existing debt of […]

Postponement of IPCC IT Paper May 2013 – An Avoidable Act of Shame

May 15, 2013 7903 Views 0 comment Print

Students appearing for IPCC paper 5-Auditing & Assurance-on 13th May 2013 , were shocked to know , after coming out of the exam centre, that the exam for SM/IT paper -7 due to be held on 15th May 2013 has been postponed to 24th May 2013 due to unavoidable circumstances.

All about Service Tax Voluntary Compliance Encouragement Rules, 2013

May 15, 2013 5902 Views 0 comment Print

The Finance Act, 2013 has provided Amnesty Scheme for Non Filers and Stop Filers. Purpose of this scheme -To encourage voluntary compliance and broaden the taxbase. Section 94 to 104 of Chapter VI of Finance Act, 2013 provides legal backing to this Amnesty Scheme.

Service Tax Return can be filed even for the period prior to registration

May 15, 2013 3878 Views 4 comments Print

CBEC has accepted the Service Tax returns for the period July-September, 2012, which were rejected by system on the sole ground that these returns were filed for the period prior to the dates of registration of the assessees, as valid returns. These returns have been reprocessed in ACES and the status of these returns is […]

Govt ratifies 8.5% interest on PF deposits for 2012-13

May 15, 2013 1877 Views 0 comment Print

I am directed to inform that Ministry of Labour and Employment, Govt. of India, vide its letter No. R-11018/1/2013.SS-II dated 15.05.2013 has conveyed the approval of the Central Government under para 60(1) of Employees’ Provident Fund Scheme, 1952 for crediting interest @ 8.50% on EPF accumulation for the financial year 2012-13 to the account of each member of the EPF Scheme.

Clarifications on Service Tax Voluntary Compliance Encouragement Scheme

May 15, 2013 2644 Views 0 comment Print

The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has come into effect upon enactment of the Finance Bill 2013 on the 10th May, 2013. The Service Tax Voluntary Compliance Encouragement Rules, 2013 has been issued to bring into effect the Scheme. Some references have been received seeking clarification as regards the scope and applicability of the Scheme.

The Primary Objective of The Corporation: Value Maximization

May 15, 2013 10537 Views 0 comment Print

The primary objective of the Finance manager is always to increase the wealth of the shareholders in long term. And this objective is also compared with the profit maximization objective of the corporation and almost all the authors believe that Wealth maximization is superior objective than Profit Maximization.

Tariff value of Gold, Silver & Crude Palm Oil wef 15.05.2013

May 15, 2013 1845 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.) dated, the 3 rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii) vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-

Sponsored
Sponsored
Search Post by Date
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30