MS Christine Lagarde,MD, IMF: Growth in India has picked up, even as the World Economy is Faced with Subdued Demand Conditions, Particularly in Europe and Japan, and Recent Slowdown in China;India and IMF to Jointly Host a High Level Conference on “Advancing Asia: Investing for the Future” in March, 2016 in India
Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), a public sector undertaking of the Ministry of Railways, has launched Cash on Delivery (CoD) service for e-tickets w.e.f. 01.01.2015 on pilot basis. The salient features of the scheme are as under:
The Ministry of Corporate Affairs (MCA) has issued General Circular No. 04/2015, Dated: 10/03/2015 on the clarification of Loans and Advances to employees under Section 185 and 186 of the Companies Act, 2013 (“CA, 2013”). This alert has covered all the significant updates on the loans and investments made by the Indian Company which will upgrade the knowledge of each individual.
I have been getting requests from some of the readers of my blog on the kind of books one should read. As majority of you would have realized through my blog posts that I am always of the view that one should develop a keen habit to read and read good books. By reading books […]
As all are aware, the service tax is here for the past 21 years from Sept, 1994.The original provisions of the law contained in the Finance Act, 1994 have been subjected to various changes almost every year. In the proposed changes to Finance Act, 1994 pertaining to service tax, As per the Finance Bill, 2015,
Everyone is in haste due to March end financial and tax planning. Krishna, Please explain what all should a Taxpayer do before 31st March, so that he will not become an ‘April Fool’? Arjuna, the month of March is very important for all Taxpayers. In our Country, the Financial Year April to March is applicable for all Tax Laws.
CBDT Should make it mandatory to obtain the CA certificate in case of exemption or deduction claim by the assessees is in excess of certain amount for other than audit and salaried assessees for verifying the correctness and genuineness of claim.
We are in disagreement with the revenue’s argument that GMDAT should not be selected as a ‘tested party’ as the comparable as the comparable companies selected by the assessee doesn’t fall within the ambit of TPO’s jurisdiction and, thus, he can neither call for any additional information nor scrutinize their books of accounts.
IMPORT AND EXPORT MANDAOTRY DOCUMENTS REDUCED Mandatory documents required for import and export of goods reduced to three documents each (w.e.f 1st apr,15): India took a step forward in improving ‘Ease of Doing Business’ by reducing the compulsory documents required for import and export of goods. The Directorate General of Foreign Trade (DGFT) issued a […]
Objectives of Company proposed to be formed under Section 8 of Companies Act 2013 should be to promote commerce, art, science, sports education, research, social welfare, religion, charity, protection of environment or any such other object. [Section – 8(1) of Companies Act 2013]
