"21 August 2015" Archive

Reporting under FDI Scheme on the e-Biz platform

RBI/2015-16/157 A.P. (DIR Series) Circular No. 9 21/08/2015

With a view to promoting the ease of reporting of transactions under foreign direct investment, the Reserve Bank of India (RBI), under the aegis of the e-Biz project of the Government of India has enabled online filing of the Foreign Currency Transfer of Shares (FCTRS) returns for reporting transfer of shares, convertible debentures, part...

Read More

A quick comparison of ICDS IX and AS 16

The ministry of finance has issued Income Computation and Disclosure Standards for computation of Taxable income for all corporate and non-corporate assesses who follow mercantile system of accounting in relation to their income under the heads ‘Profits and gains from business and profession’ and ‘Income from other sources’. These...

Read More
Posted Under: Fema / RBI |

CBEC clarifies on SCN issuance & proceedings conclusion as per amended penal provisions in Service Tax and Central Excise

The penal provisions under the Service Tax and the Central Excise has been liberalised vide the Finance Act, 2015, effective from May 14, 2015, whereby, in terms of the amended provisions, if an assessee is willing to pay the duty/tax along with interest either before the issuance of Show Cause Notice (SCN) or within 30 days from the date...

Read More
Posted Under: Fema / RBI |

Search Posts by Date

August 2021
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031