India is a unique place having great diversity. It is probably the only nation in the world which contains within itself the greatness, civilizations and cultures of the ancient’s era as well as the wonders of the modern time.
Referring the editorial in the Hindustan Times, Congress will continue to oppose GST Bill by saying it an ‘anti-poor’. It is congress driven system which we are following from the decades. Now, we may have a new form of taxation in the name of Goods and Service Tax, which is also an idea originated by the earlier Government.
COMPLIANCE CALENDAR FOR EQUITY LISTED COMPANIES Quarterly / Half Yearly / Annual Compliances Under Chapter II & IV SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Applicability: – This compliance calendar shall apply to a listed entity which has listed its specified securities {2(1) (zj) SEBI Issue of Capital and Disclosure Requirements (ICDR) Regulations 2009 […]
Government Reiterates its Resolve to Make all Possible Efforts to Bring Back Kohinoor Diamond in an Amicable Manner.The Government of India wishes to put on record that certain news items appearing in the press regarding the Kohinoor Diamond are not based on facts.
What is Money Laundering? It is the process of taking the proceeds of criminal activity and making them appear legal. Laundering allows criminals to transform illegally obtained gain into seemingly legitimate funds. Those who commit the underlying criminal activity may attempt to launder the money themselves, but increasingly a new class of criminals provides laundering services to Organized Crime. This new class consists of lawyers, bankers, and accountants.
A resident assessee will be eligible to claim Foreign Tax Credit (FTC) if any tax has been paid by him in a country or specified territory outside India. Grant of FTC shall be allowed only in the year in which the income corresponding to such tax has been offered to tax or assessed to tax in India.
CENVAT Credit on Canteen Services and House Keeping/Cleaning Services availed in office building are admissible to Assessee when same was situated within licensed factory premises of Assessee.
The Central Bureau of Investigation has arrested a Superintendent of Service Tax Commissionerate, Nehru Place, New Delhi for demanding & accepting a bribe of Rs.1,50,000/- from the complainant.
It has been brought to the notice of this Directorate that some exporters are classifying the item Tamarind Kernel Powder under ITC(HS) Code 11063010 and claiming MEIS benefit. It is clarified that the correct ITC(HS) Code of Tamarind Kernel Powder is 13023290 on which MEIS benefit is not available.
In this article we are going to give answers to some basic questions every investor have in mind. 1. How to invest in mutual funds? 2. How to build a mutual funds portfolio? 3. How to track my mutual funds portfolio?
