"18 August 2016" Archive

GST History and Introduction

In the Indian System, first time discussion on GST has been started in 2000. In 2000, The Vajpayee Govt. started discussion on GST by setting up an empowered committee. The committee was headed by Asim Dasgupta (FM of West Bengal)....

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Yahoo! The End of an Era

When you start to think of major companies that took shape during the beginning of the internet, several may come to mind. Yahoo! is definitely one of the top companies that are thought of when you think of the internet’s early years. Yahoo! encompassed a search engine, news and sports, email and a fun instant […]...

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Mandatory Disclosures under SEBI SAST 2011 Regulations

Important Definitions with Regard to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 i.e. SEBI SAST 2011 Regulations, 2011- 1. Acquirer:- means any person who, directly or indirectly, acquires or agrees to acquire whether by himself, or through, or with persons acting in concert with him, shares or voting rights...

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Non Completion / Registration of Property & Deduction U/s. 54/54F

Rajeev B. Shah v. ITO (ITAT Mumbai)

Claiming Of Deduction Under Section 54F Of The Income Tax Act, 1961 When Property Builder Could Not Complete The Flat While Assessee Fulfilled Condition Under Above-Mentioned Section....

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Dos and Don’ts to remember when buying a life insurance policy

How do we define a good life insurance policy? A life insurance will be termed as satisfying, if it provides: a decent financial support at the minimal cost to our loved ones, in a situation when the person insured suffers an ill-timed end of his/her life....

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Transitional provisions: Carry forward of Credits under GST

The article is first in the series of articles to discuss intricacies of transitional provisions from existing indirect tax laws to Goods and Service Tax (GST) regime. This also highlights various open issues which need to be addressed timely by government so that there is smooth transition to Goods and Service Tax (GST) without any hiccu...

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Compulsory Switchover of all ICSI Professional Programme Old Syllabus Students

It is informed that June, 2016 Session was the last examination for Professional Programme (under Old Syllabus). From December, 2016 Session onwards, all students under Professional Programme (Old Syllabus) shall be compulsorily required to switchover to Professional Programme (New Syllabus). As a result, there will NOT be any scope for e...

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ICSI June 2016 Profession / Executive exam Result on 25.08.2016

Result of CS Examinations for Professional Programme (Old and New Syllabus) and Executive Programme held in June, 2016 would be declared on Thursday, the 25th August, 2016 as per the following time schedule :...

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FAQs on SEBI Alternative Investment Funds Regulations, 2012

Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors....

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Notification No. 43/2016-Central Excise (N.T.) Dated 18.08.2016

Notification No. 43/2016-Central Excise (N.T.) (18/08/2016)

All Principal Commissioners who have been given additional charge of a Chief Commissioner vide Office Orders of the Central Board of Excise and Customs No. 79/2016 dated the 14th July, 2016 and 86/2016 dated the 26th July, 2016 respectively....

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