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Archive: 29 January 2017

Posts in 29 January 2017

PM’s ‘Mann Ki Baat’ address on All India Radio on 29.01.2017

January 29, 2017 1626 Views 0 comment Print

Exams in themselves, should be a joyous occasion. After a year of hard work, one has the opportunity to display one’s capabilities, so this should be a festival of joy and enthusiasm.

PMGKY 2016: Reclaim your peace of mind

January 29, 2017 3717 Views 0 comment Print

Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 Can help you come clean while contributing to nation building endeavours

The Jallikattu of Union Budget

January 29, 2017 7941 Views 0 comment Print

Finance Minister Mr. Arun Jetley will be declaring the Finance Budget of 2017-18 on 1st February in the Loksabha. Every citizen of this country is curiously waiting for the Budget. The Budget has to face the problems like Elections, Demonetarization of currency etc. while it is presented.

Interest Expenses can’t be disallowed if Assessee had enough Own Funds

January 29, 2017 2673 Views 0 comment Print

Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that interest expenses can’t be disallowed when assessee had own funds which was more than the investments yielded tax free income.

Parenting To Raise Financially Smart Children

January 29, 2017 8109 Views 0 comment Print

Smart parents should assume a vital role to render useful lessons of financial management to their children. Smart parents would not only render useful finance lessons, but would also be a prominent example and take effective feedback by making their children a partner in their financial decisions.

Definition of First Stage Dealer under revised Model GST Law

January 29, 2017 14841 Views 1 comment Print

First Stage Dealer means a dealer, who purchases goods directly from,- (i) manufacturer under cover of an invoice issued in terms of provisions of Central Excise Rules, 2002 or from depot of said manufacturer, or from premises of consignment agent of said manufacturer or from where goods are sold by or on behalf of said manufacturer, under cover of an invoice; or

Stand-Up India Scheme for financing SC/ST and/or Women Entrepreneurs

January 29, 2017 7710 Views 2 comments Print

Features of Stand-Up India Scheme for financing SC/ST and/or Women Entrepreneurs Objective The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a […]

Brief Note on IFSC COMPANIES

January 29, 2017 147498 Views 5 comments Print

IFSC stands for INTERNATIONAL FINANCIAL SERVICES CENTRES. An IFSC caters to customers outside the jurisdiction of the domestic economy. Such centres deal with flows of finance, financial products and services across borders.

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