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Archive: 07 April 2016

Posts in 07 April 2016

CHANGES IN FORM 15CB & 15CA – w.e.f 1st April 2016

April 7, 2016 33583 Views 1 comment Print

Furnishing of Information in Respect of Payments made to the Non-Resident Section 195 of the Income-tax Act empowers the Central Board of Direct Taxes to capture information in respect of payments made to non-residents, whether chargeable to tax or not. Rule 37 BB of the Income-tax Rules has been amended vide Notification No. G.S.R. 978(E) […]

Excise on Jewellery – A Brief Overview

April 7, 2016 29482 Views 1 comment Print

From last 35 days All over the country all jewelers are on Strike against the Excise duty imposed in the Union Budget 2016. Holi, Gudi Padwa, etc. all festival are passed or in upcoming days but still they are on STRIKE and also government also not accepting the demand as the Imposition of excise in line with GST.

Changes in Service Tax by Finance Bill 2016

April 7, 2016 26155 Views 6 comments Print

Prevailing Service Tax Rate: @14% Cenvat Available. Swachchh Bharat Cess: @ 0.5% [w.e.f. 15/11/2015]- Cenvat Not Available. Krishi Kalyan Cess: @ 0.5% [w.e.f. 01/06/2016] New Levy- Cenvat Available

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