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Archive: 12 September 2016

Posts in 12 September 2016

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 16, 2024 3873 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 14, 2024 3501 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Vacancy For CA Having Experience in Statutory Audit with IFRS

September 12, 2016 11182 Views 0 comment Print

Job Description – Candidate is expected to work closely with the Director / Partner to build client relationships. – Work with the Audit practice to execute Statutory Audit / Indian GAAP / IFRS / US GAAP accounting services – Have the ability to work under deadlines and demanding client conditions. – Be willing to travel. […]

Cabinet approves creation of GST Council and its Secretariat

September 12, 2016 3880 Views 0 comment Print

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has approved setting up of GST Council and setting up its Secretariat as per the following details: (a) Creation of the GST Council as per Article 279A of the amended Constitution;(b) Creation of the GST Council Secretariat, with its office at New Delhi;

Unpaid/ Unclaimed Dividend- Companies Act, 2013 & IEPF Rules

September 12, 2016 77491 Views 2 comments Print

Once dividend transferred in Dividend Account but not has not been claimed by the shareholder within 30 days of declaration of dividend. The Company shall transfer such unpaid amount within 37 days from the date of declaration in a special account ‘Unpaid Dividend Account’.

Indirect Tax collections upto August 2016 shows 27.5% increase

September 12, 2016 1492 Views 0 comment Print

The figures for indirect tax collections (Central Excise, Service Tax and Customs) upto August 2016 show that net revenue collections are at Rs 3.36 lakh crore which is 27.5% more than the net collections for the corresponding period last year. Till August 2016, 43.2% of the Budget Estimates of indirect taxes for Financial Year 2016-17 has been achieved.

Direct Tax collections up to August, 2016 shows 15.03% Increase

September 12, 2016 904 Views 0 comment Print

The figures for direct tax collections up to August, 2016 show that net revenue collections are at Rs. 1.89 lakh crore which is 15.03% more than the net collections for the corresponding period last year. Till August 2016, 22.30% of the Budget Estimates of direct taxes for Financial Year 2016-17 has been achieved.

American Taxation– How to file returns- Individual Tax Return

September 12, 2016 5386 Views 0 comment Print

It was surprisingly a warm day in 2009 in Minnesota, Minneapolis, USA which ranks among the coldest states, when I got a telephone from a young lady, by her talk, I presumed, that her checking account with a local bank in California, USA was frozen by local tax authorities.

How NRIs can make use of Recurring Deposits?

September 12, 2016 2512 Views 0 comment Print

For NRIs looking forward to make huge savings with small monthly investments, the Recurring Deposits seems to be an excellent option. A recurring deposit account is one that enables the depositor to save by paying an agreed fixed monthly sum for a required period. This type of an account goes well with people with fixed income groups.

Alternative Tax Compliance Scheme 2016 for Contractors in Haryana

September 12, 2016 4096 Views 0 comment Print

Governor of Haryana hereby provides for an Amnesty Scheme namely, the Haryana Alternative Tax Compliance Scheme for Contractors, 2016, for the recovery of tax, interest, penalty or other dues payable under the said Act, for the period upto the 31st March, 2014, from such contractors and for such business as provided in the Scheme,

Model Guidelines on Direct Selling

September 12, 2016 2413 Views 0 comment Print

These guidelines, may be called the Direct Selling Guidelines 2016.These are issued as guiding principles for State Governments to consider regulating the business of `Direct Selling’ and Multi-Level Marketing (MLM) and strengthen the existing regulatory mechanism on Direct Selling and MLM, for preventing fraud and protecting the legitimate rights and interests of consumers.

Reg. Rules of Origin under Free/Preferential Trade Agreements

September 12, 2016 1660 Views 0 comment Print

India has signed Free/Preferential Trade Agreements / Comprehensive Economic Partnership/ Cooperation Agreement (FTA/CEPA/CECA) with a number of countries and trading blocks.

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