Maharashtra Government has changed the working system of farmers, Commission agents as well as traders. What are the consequences of this in relation to income tax? India is agriculture oriented country. For getting fair market prices and customer to farmers for the agricultural produce produced by them the state government has formed Agriculture Produce Market Committee in various cities.
The Government, after consideration, has decided to accept the recommendations of the 7th Central Pay Commission in respect of the categories of employees covered in its Terms of Reference contained in the aforesaid Resolution dated the 28th February, 2014 in the manner as specified hereinafter.
When life gives you lemons, make lemonade is a common phrase that best describes the unpleasant unexpected occurrences that life throws at you. As an achiever, you need to plan ahead and create a growth funnel that will enable your family to be financially strong even in your absence.
The Income Tax Department has received information about large value transactions relating to you under the Annual Information Return (AIR) without a valid PAN. The list of such transactions is provided. You are requested to submit the on-line response as under:
Startup India Portal and Mobile App: These have been launched as online platform for providing updates, information, recognition and eligibility certificates to Startups and other stakeholders
In exercise of the powers conferred by sub-section (2) of section 123 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 204/84 –Customs, dated the 20th July, 1984, the Central Government hereby specifies the following other classes of goods, for the purposes of the said section, namely:-
The Audit Committee shall consist of Minimum of three director with independent director forming majority Provided that majority of member of Audit Committee including the Chairperson shall be person with ability to read and understand the financial statement
Classification of Various Business Models under E-Commerce as Electronic Commerce Operator, Aggregator or otherwise-I had classified general activities of E-Commerce portals under the following two broad categories as E-Commerce platforms engaged in or facilitating buying or selling of goods and E-Commerce platforms engaged in providing or facilitation of services. The detailed analysis vis-a-vis two broad categories and further sub-categories is as follows:
