In the Union Budget, 2015 presented by the Hon’ble Finance Minister Shri. Arun Jaitley on February 28, 2015, Saturday, numerous changes in Direct and Indirect taxes, have been introduced to address the need of hour, the continued growth to contest the challenges paved in the way of progress. Changes in the Chapter V of the […]
Since introduction, the FPI regime has been constantly evolving in response to the industry activities and practical intricacies faced by those who venture into this route. To foster effective functioning of this regime, there have also been amendments to the tax laws, foreign exchange laws.
THUMB RULE to avail CENVAT Credit is that it can be availed on those eligible Inputs, Capital goods or Input Services which have been utilized for providing taxable services or manufacturing dutiable goods except the cases where it is restricted under any notification.
Finance Minister Shri.Sudhir Mungantiwar of BJP government Maharashtra has presented his very first budget on Wednesday, 18’Th March 2015.State government of Maharashtra has presented budget on the lines of the Central government’s Budget. Following are some key highlights of the Budget 2015-16:
Advance Reservation Period for Booking Reserved Train Tickets increased from 60 days to 120 days from 1st April 2015 The Ministry of Railways has decided to increase the Advance Reservation Period (ARP) for booking accommodation in trains from 60 days to 120 days (excluding the date of journey). Accordingly, w.e.f. 1st April 2015 the booking […]
1) RESOLUTION: As per section 117 every Company shall file resolution and agreement with ROC in MGT-14 within 30 days from the date passing of such resolution. We can divide in four category of such resolution which to be file with ROC:- i) Resolution which is prescribed under section 117(3) ii) Resolution which is prescribed under section 179(3) iii) Resolution which is prescribed under Companies Rule 8(5) of (Meeting of Board and its Power) Rule,2014
e-TDS/TCS Return Preparation Utility Ver. 1.0 based on JAVA platform for Regular Statements from FY 2007-08 onwards released (24/03/2015) Key features of RPU 1.0 NSDL e-TDS/TCS Return Preparation Utility in JAVA platform. Preparation of Regular TDS/TCS Statement(s) for Form 24Q, 26Q, 27Q & 27EQ pertaining to Financial Year 2007-08 onwards (for all quarters).
With a view to facilitating provisions of lower berths to senior citizens and female passengers, following facilities are available:- (i) There is a provision in the computerised Passenger Reservation System (PRS) to allot lower berth automatically to male passengers above the age of 60 years and female passengers above the age of 45 years subject […]
PPP model may have not done well but it shall succeed for effective urban interventions, says Shri Naidu Huge urban fiscal gap with annual per capita income of ULBs-Rs.1,430, expenditure-Rs.6,030 Minister of Urban Development Shri M.Venkaiah Naidu has favoured a share of GST(Goods and Services Tax) revenue for the municipalities across the country to ensure […]
March 18, 2015 Subject: Articleship issues in UAE The matter regarding revision in the Guidelines of Articleship Training abroad was considered at the 340th meeting of Council held from February 10-12, 2015 wherein the Council agreed with the recommendation of Executive Committee regarding the revision of the existing Guidelines for Articleship Training abroad and agreed […]