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.
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.
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)
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.
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.
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.
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;
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.
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.
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.