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Archive: November, 2016

Posts in November, 2016

External Commercial Borrowings– Clarifications on hedging

November 7, 2016 2416 Views 0 comment Print

Wherever hedging has been mandated by the RBI, the ECB borrower will be required to cover principal as well as coupon through financial hedges.

GST: Change in Rate of Tax in Respect of Supply of Services

November 7, 2016 12337 Views 1 comment Print

There are two likely scenarios that have been dealt with by section 14 of Model GST Law–1. Where Taxable Service is provided before the change in effective rate of tax 2. Where Taxable Service is provided after the change in effective rate of tax

Cross Linkages in GST Regime with Income Tax Act

November 7, 2016 4975 Views 0 comment Print

There is a likely scenario that the ITO / ITO TDS can have all the details furnished by a Taxable Person under GST Laws & can cross check the same with the information furnished by an Assessee with the returns furnished under Income Tax Laws.

American Taxation – Filing of Returns – Classification of Tax Payers

November 7, 2016 2668 Views 0 comment Print

It happened at Kalkaji Extension, New Delhi, India on a sunny day with a kid of 8 years named Haruto, sometime in 2016, in our central park, a park which has blossomed into a huge and popular one inviting all types of birds, people of various ages, and also my dog Yuma enjoying a peaceful […]

Is Your Money Dying? It’s Time to Get It Out of Savings Account

November 7, 2016 6766 Views 5 comments Print

#PaiseKoJagaao Nothing makes you feel more secure than having a lumpsum amount in your Savings Account, eh? Think again! If you are keeping your money in Saving Accounts, you can practically consider it dead.

What You Need To Compare When Choosing A Bank for Taking Housing Loan?

November 7, 2016 3100 Views 1 comment Print

Taking up the home loan is easy but finding the best deal is not. With more and more options available in front of you, confusion is normal. So, what are those aspects that you must compare among the banks while taking up the home loan?

Save Your Money-Insolvency and Bankruptcy Code is here

November 7, 2016 3700 Views 0 comment Print

Insolvency and Bankruptcy Code, 2016 is to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner.

Chhattisgarh Rajya Anusuchit Janjati Ayog not conferred with adjudicatory function

November 7, 2016 2469 Views 0 comment Print

Disputing the legality, validity and correctness of the order dated 27.7.2012 (Annexure P/1) passed by the Chhsttisgarh Rajya Anushuchit Janjati Aayog (hereinafter called as “the Commission”), the petitioner has filed this writ petition under Article 226/227 of the Constitution of India.

GST Council meeting inconclusive, state FMs to meet on Nov 20

November 6, 2016 3487 Views 0 comment Print

Second day of meeting of GST Council remained inconclusive and state FM s to meet on November 20, 2016 to further discuss and sort out the differences-

Procedure for enrollment of existing VAT Dealers on GST System Portal

November 6, 2016 13059 Views 3 comments Print

ll registered Dealers under VAT or their Authorized Representatives should visit their respective Ward offices between 09/11/2016 to 11/11/2016 and collect sealed envelope containing their provisional ID and Password for use in completing online pre-registration under GST.

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