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Archive: 22 September 2014

Posts in 22 September 2014

Free YouTube Live on The global landscape –  from market’s to trade

May 24, 2024 51 Views 0 comment Print

Join us for an insightful and dynamic YouTube Live session on “The global landscape –  from market’s to trade.” with renowned financial analyst Ankit Baid, MBA Finance. The presentation explores shifting of the global economic landscape, focusing on the decline of US dominance and the rise of China. It examines the potential decrease in global […]

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7389 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Guidelines on implementation of suo-motu disclosure under RTI Act, 2005

September 22, 2014 766 Views 0 comment Print

It was required that each Ministry/Public Authority should get its proactive disclosure package audited by third party every year and such audit should be communicated to the CIC through publication on their own website. It has been noticed that most of the Ministries/Public Authorities have not yet got their proactive disclosure package audited by a third party.

Committee to review the CBDT Instruction on Work Allocation of CsIT (J) – Inviting Inputs- reg.

September 22, 2014 697 Views 0 comment Print

CBDT has constituted a Committee to appraise the existing Instruction No 4/2002 dated 07.05.2002 on the above mentioned subject and to suggest suitable modifications to the same.

Excise duty exemption on tow arising during manufacture of Polyester Staple Fibre/ Filament yarn

September 22, 2014 3085 Views 0 comment Print

In the Budget 2014-15, excise duty on Polyester Staple Fibre (PSF) and Polyester Filament Yarn (PFY) manufactured from plastic waste or scrap or plastic waste including waste polyethylene terephthalate (PET) bottles (which was already exempt w.e.f. 08.05.2012) has been exempted retrospectively w.e.f. 29.06.2010 to 07.05.2012 [section 110 of the Finance (No. 2) Act, 2014 refer]

FM to launch enhanced 'single window' website for Income Taxpayers

September 22, 2014 10306 Views 0 comment Print

Finance Minister Arun Jaitley will launch an updated version of the existing website of Income Tax Department today to enable taxpayers to file easily their I-T returns or apply for a PAN card. The updated version of the existing website of the Income Tax department– www.incometaxindia.gov.in– will now be acting as a single window for […]

Guidelines regarding Structure, Administrative set up and Functions of Audit Commissionerates

September 22, 2014 4163 Views 0 comment Print

Circular No. 985/09/2014-CX On implementation of cadre review there would be 23 Central Excise Zones and 4 Service Tax Zones with each zone having one or more Audit Commissionerates. Each Audit Commissionerate would cover assessees registered under the jurisdiction of 3 to 5 Executive Commissionerates

Bureaucracy – A Real Hurdle for Development of Country

September 22, 2014 4936 Views 0 comment Print

To, Hon’ble Chief Justice of India Supreme Court of India Subject: Bureaucracy in India – A Real Hurdle for Development of Country Respected Sir, “Minimum government, maximum governance” – is it fact or fantasy? Government has merged key ministries in an apparent attempt to bring in more synergy in governance and make decision making quicker […]

“Big” change in “Small” retailers MVAT composition scheme from October

September 22, 2014 22087 Views 0 comment Print

MVAT Act, has given some options for retail dealers through Composition scheme from April 2005 for payment of VAT. Maharashtra Government has made changes in composition scheme through notification dated 21st August which will be made applicable from 1st October 2014. This scheme is beneficial for the dealers who finds difficult to maintain books of accounts for e. g. Grocery Shopkeepers, etc. However there are some conditions of the scheme also.

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