Follow Us:

Archive: December, 2016

Posts in December, 2016

Expert Group on Audit firms issues to submit report till 15.01.2017

December 2, 2016 1240 Views 0 comment Print

In partial modification of this Ministry Order of even number dated 30.09.2016, the time period provided to the Expert Group Constituted for looking into the issues related to Audit firms and submitting its report is extended till 15.01.2017.

Regulation of Tax Professionals in the Indian Context

December 2, 2016 5530 Views 13 comments Print

It would be difficult to have a well-functioning tax system without tax advisors. Because most taxpayers are not familiar with the intricacies of the tax laws, tax advisors are needed so that taxpayers can fulfill their complicated tax obligations.

Job Work under Revised Model GST Law

December 2, 2016 7888 Views 4 comments Print

If Input received in a factory & removed as such or after being partially processed to Job worker for further processing, repair, testing etc prior to appointed day (i.e. 31.03.2017): No tax shall be payable if such input returned to said factory within 6 months from the appointed day (i.e. Up to 30.09.2017)

Supreme Court Judgement in Context of West Bengal Entry Tax

December 2, 2016 26302 Views 4 comments Print

After SC judgment there is 90% chance that Govt. Of West Bengal issue notice for the collection of due entry tax from the dealers who are not paying.

FAQs on Electronic Toll Collection (ETC) / FASTag

December 2, 2016 5635 Views 1 comment Print

FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid account linked to it. It is affixed on the windscreen of your vehicle and enables you to drive through toll plazas. FASTag has a validity of 5 years and after purchasing it, you only need to recharge/ top up the FASTag as per your requirement.

Present status of modernisation and digitisation of courts in India

December 2, 2016 1330 Views 0 comment Print

The eCourts Mission Mode Project broadly covers computerisation of district and subordinate courts in the country. The national e-Courts portal (http://www.ecourts.gov.in) has been made operational.

Real estate- Mandatory to keep 70% of fund collected from buyer in separate A/c

December 2, 2016 1966 Views 0 comment Print

Whether it is mandatory for developers to set aside 70 per cent of the funds collected from buyers in a separate account and use that solely for funding the construction of the project and if so, the details thereof;

Key changes in Revised Model GST Law

December 1, 2016 13363 Views 3 comments Print

Taking into consideration majority of the concerns raised by the Trade and Industry, the Government has, on November 26, 2016, released the Revised version of the Model GST Law along with Draft GST Compensation Bill.

Demonetisation and its eEffect on Income Tax

December 1, 2016 6289 Views 2 comments Print

Demonetization is the act of stripping a currency unit of its status as legal tender. In order to curb and remove the menace of corruption the government has initiated the move of Demonetisation in order to kick start the pursuit of a Corruption Free India with stringent penalty introduced.

Never quit : Winners never quit Quitters never win

December 1, 2016 1900 Views 0 comment Print

An expectation has no end. From teens to now every moment gives some lessons and also motivates to do something better than the previous one. As a human being, we have the desire to do something better but we can’t do it just because the situation is not favourable.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031