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Archive: 18 October 2016

Posts in 18 October 2016

All about Single Window Concept in Indian Customs

October 18, 2016 7030 Views 0 comment Print

Indian Customs has introduced the concept of single window for the clearance of import and export goods. In simple terms, Single Window essentially means providing a common platform to import or export trade to meet requirements of all regulatory agencies

All about E-payment of Indirect Taxes

October 18, 2016 5206 Views 0 comment Print

E-payment of tax is a facility provided to the tax payers to make tax payments through internet using net-banking facility. Electronic Accounting System in Excise and Service Tax (EASIEST) is a web based payment gateway launched by CBEC in 2006/2007 enabling assessees to pay Central Excise Duties and Service Tax online.

Major Achievements of MCA for September, 2016

October 18, 2016 1252 Views 0 comment Print

The Ministry vide notification no. G.S.R. 2843(E), dated 01.09.2016 has notified certain designated Special Courts with the concurrence of the Chief Justice of the High Courts of Chhattisgarh, Rajasthan, Punjab and Haryana, Madras and Manipur, for providing speedy trial of offences punishable with imprisonment of two years or more under the Companies Act, 2013.

ICSI advisory on suspension of WIRC Chairman & Secretary

October 18, 2016 2065 Views 1 comment Print

The Council in its 238th (adjourned) meeting held on Saturday, the 17th September, 2016 noted various serious and grave financial and other irregularities and non-compliances committed at WIRC including non-approval of annual accounts and non-holding of annual general meeting.

MCA staff to submit Income Tax calculations for F.Y. 2016-17

October 18, 2016 2290 Views 0 comment Print

Cash Section is in the process of calculation of Income Tax for the financial year 2016­17. In view of this, all the officers/members of the staff, whose annual income exceeds Rs.2,50,000/- are requested to furnish the information in the enclosed proforma (Annexure-I,II &III)

ICAI admits revision of marks by its Examination Committee

October 18, 2016 31843 Views 10 comments Print

It is seen that upon receipt of certified copies of answer books, some candidates notice that in some papers, marks awarded to them on the answer books are at variance with those on the statement of marks issued to them and seek clarifications.

Problems? – Never Heard Of Them

October 18, 2016 5110 Views 13 comments Print

Basic human psychology is that if we are given any challenge in life, we will turn the world upside down to finish it. Why? Because we have been challenged

OFF Market IPO Application Sale- A way to earn Good Return

October 18, 2016 17581 Views 11 comments Print

One can earn 5-10% by selling of his filled IPO application forms in an off market transaction in a period of less than two weeks.

Downward Repo Rate Trend can be a key to future inflation outcomes!

October 18, 2016 1942 Views 0 comment Print

As everyone may be aware that Reserve Bank of India (RBI) has reduced the repo rate by 25bps to 6.25%. But first of all let us understand some of the terminologies and correlations which can help us interpret the effects of reduced repo rate.

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