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Archive: 26 March 2016

Posts in 26 March 2016

SUSTAINABILITY REPORTING “An emerging CSR Tool”

March 26, 2016 8695 Views 0 comment Print

Corporate Social Responsibility is not a new concept. However it has been statutorily recognised when the said provisions came into the picture at the time of advent of much revolutionary emergence of COMPANIES ACT 2013. The statute not only has mandated the spending for society by our so called big business giants but also has made people realized what they actually were forgetting in the race of earnings and maximizing their profits.

Registration under excise by jeweler: A Thoughtful Decision

March 26, 2016 7798 Views 2 comments Print

Registration with tax authorities is first step for any assessee to make compliance with the law and similar is the case for jewelers who have been brought within excise ambit in Budget 2016-17. But it is very interesting that special provisions have been made for registration of person engaged in manufacturing of jewellery under excise and these provisions could sometime offer tremendous planning opportunities to optimize the tax liability.

Budget 2016: Mobile Accessories turns expensive

March 26, 2016 6010 Views 0 comment Print

With the hype created regarding implementation of revolutionary taxation reform, i.e., GST in the financial year 2016-17, the government attempted to mentally prepare the assessees as regards substantial reduction in the exemptions available. This is reflected by the levy of excise duty on jewellery except pure silver jewellery.

President assents Aadhaar Act, 2016

March 26, 2016 5494 Views 0 comment Print

This Act may be called the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016. An Act to provide for, as a good governance, efficient, transparent, and targeted delivery of subsidies, benefits and services, the expenditure for which is incurred from the Consolidated Fund of India, to individuals residing in India through assigning of unique identity numbers to such individuals and for matters connected therewith or incidental thereto.

Utility for e-filing Service Tax Return for Oct,15 to Mar,16

March 26, 2016 13306 Views 3 comments Print

1. Utility for e-filing Service Tax Return (ST-3) for the period October, 2015 – March, 2016 is now available in both offline and online version. The last date of filing the ST-3 return for the said period is 25th April, 2016. To avoid congestion and inconvenience in the last minute, all assesses are requested to […]

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