The exit of Cyrus Mistry from TATA group was not a crisis situation and wouldnt change the fundamentals of companies. The sudden removal of Mistry took the market by surprise and in the near-term, some volatility in Tata Group stocks was seen. It raises questions on the governance front too.
Explanatory Notes on Provisions of Taxation And Investment Regime For Pradhan Mantri Garib Kalyan Yojana, 2016 As Contained In Chapter IX-A Of Finance Act, 2016
Seeks to further amend notification No 12/2012-Customs dated 17.03.2012, so as to withdraw the exemption from Basic Customs Duty on import of Technitium-99m
An attempt has been made in this article to analyse revised provisions of Input Tax Credit. Eligibility and Conditions for taking ITC:
Finance Minister: There is a need for move towards a mindset of voluntary compliance and payment of legitimate taxes should be considered as part of the process and nobody should think that tax evasion is acceptable;
5A. Infrastructure requirements relating to information technology, Bio-technology, Research and Development facilities, Fabless Semi-conductor Industry and Electronic Manufacturing Services
This chapter will focus on the time of supply of goods and services vis a vis valuation of supply which includes goods and services. Both are very significant part of any business vis a vis taxation.
What action the AD is required to take in case of any adverse reporting in Annual Activity Certificate (AAC) of LO/BO or non-submission of AACs? Ans: In case the designated AD Category I bank notices any adverse findings by the auditor in respect of LO/BO or the LO/BO is defaulting in submission of AACs, then the same should be immediately reported to the Reserve Bank.
With demonetization, long ATM queues are common view currently. Kiss them goodbye and welcome new PhonePe, a mobile payment app based on Government-Backed Unified Payment Interface (UPI) platform.
Article Analyses Transitional Provisions under Revised Model GST Law specified in section 168 related to Unavailed cenvat credit on capital goods, not carried forward in a return, to be allowed in certain situations
