GST would become a reality and the nation could witness changes in the traditional ways of doing business. Businesses right now have the option to proactively embrace this reform, understand its intricacies and take a business advantage out of this change by acting immediately.
Taxable event is very important matter in every tax law. Its determination is most crucial for proper implementation of any tax law. Taxable event is that on happening of which charge is fixed.
Circular explain all the changes in Income Tax Act, 1961 carried out by Finance Act 2016 which are applicable for Financial Year 2016-17.
ICAI decided that students registered for Articleship on or after 1st May, 2012 uptill 31st December, 2014 but not completed GMCS-I course, shall be required to undergo Orientation Course (15 days) w.e.f. 1st January, 2017 in lieu of GMCS-I.
Provided also that the insured woman having two or more than two surviving children shall be entitled to receive maternity benefits during a period of twelve weeks of which not more than six weeks shall precede the expected date of confinement.
Making a strong appeal to different political parties to let the Union Budget for 2017-18 be presented to Parliament on February 1, the apex industry chamber ASSOCHAM today said the advancement to this effect would help the government to begin its capital and other expenditure right from April and revive the much needed economic growth.
Demonetisation may wipe out the stock of black money held in cash but can do little about the ill-gotten wealth converted to assets like gold and real estate and the scrapping of high value notes does not prevent the future generation of unaccounted money, said an ASSOCHAM study on Currency Demonetisation.
Institute of Chartered Accountants of India is pleased to announce that MAY 2017 Intermediate (IPC) and Final examinations will be held on dates given below
Digital payment promotion gets a boost-More than 3.81 lakh consumers and 21,000 merchants win prizes worth Rs.60.90 crore at Digi-Dhan Melas
Principal place of business will be place mentioned in registration certificate irrespective of the location of books and accounts. However, definition of place of business defined section 2(74) clears that it can be place where books of accounts are being kept.
