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Archive: 10 February 2017

Posts in 10 February 2017

Glimpse of Invoices under Revised GST Model Law

February 10, 2017 4638 Views 1 comment Print

Invoices being an important document need to properly issue as per the statue for uninterrupted flow of credit as well as compliance of law in force.

Indian Union Budget – 2017 An Analysis of Income Tax Proposals

February 10, 2017 22056 Views 3 comments Print

Income Tax slabs are not changed, but the tax rate for first taxable slab of income from Rs. 2,50,001/Rs. 3,00,001 to Rs. 5,00,000 is decreased from 10% to 5%. So, now there will be directly a slab of 20% after the slab of 5% tax. As in the case of very senior citizens

Financial close out & Auction framework for corporate bonds

February 10, 2017 669 Views 0 comment Print

SEBI vide circulars no. CIR/MRD/DP/03/2013 January 24, 2013, and no CIR/MRD/DP/ 27 /2013 dated September 12, 2013 issued guidelines for providing dedicated debt segment in the stock exchange for trading, clearing and settlement of debt securities including trading, clearing and settlement of corporate bonds.

Coverage of contract workers of MES under EPF & MP Act 1952

February 10, 2017 2730 Views 0 comment Print

It is intimated that MES issued instructions to their field functionaries for strict compliance. The address of CEs Command & ADG (OF & DRDO) is enclosed in the letter in Appendix ‘A’ who shall provide details of 5, A, B, C, D and E class contractors engaged by MES. ACC (Zones) are advised to contact any of such concerned Chief Engineer, Commands as given in Appendix ‘A’ in the first instance who will provide the data and issue directions to their subordinate field functionaries.

Public Notice No. 57/2015-2020, Dated: 10.02.2017

February 10, 2017 2379 Views 0 comment Print

In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 2015-20, the Director General of Foreign Trade hereby includes the following agencies in Appendix 2G of Appendices and Aayat Niryat Forms of Foreign Trade Policy, 2015-20 in terms of Para 2.55 (d) of HBP 2015-20

Amendment in Paragraph 3.06 of Handbook of Procedures 2015-20

February 10, 2017 6555 Views 0 comment Print

Applicant shall have option to choose Jurisdictional RA on the basis of Corporate Office/ Registered Officeiliead Office Branch Office address endorsed on IEC for submitting application’s under MEIS and SETS. This option need to be exercised at the beginning of financial year. Once an option is exercised, no change would be allowed for claims relating to that year. To illustrate, it. an exporter has chosen LA Chennai for claiming rewards for exports made in 2015.16,then all claims for exports made in 2015-16, irrespective of the date of application shall be made to RA Chennai only.

Retired VAT Officer can be appointed as member of VAT Tribunal: HC

February 10, 2017 1263 Views 0 comment Print

Mere fact that at one point of time, the officer was working with the Commercial Taxes Department, cannot be a reasonable suspicion to disqualify him for appointment.

Section 80IA deduction cannot be restricted merely for low net profit Ratio of Unit of Assessees wife

February 10, 2017 711 Views 0 comment Print

Sub-­section (10) of Section 80IA of the Act, cannot be invoked in the facts of the present case to restrict its deduction under Section 80IB of the Act on the basis of the profits of the Appellant’s wife unit at Valsad.

Repealing and Amending Bill, 2017 introduced in Lok Sabha

February 10, 2017 1068 Views 0 comment Print

The National Institutes of Technology, Science Education and Research Act, 2007.— The amendment proposed to the Act seeks to rectify the mistake that had inadvertently crept in at the time of amending the said Act vide Act 9 of 2014.

Intermediate (IPC), November 2016 – Merit List

February 10, 2017 3117 Views 0 comment Print

Intermediate (IPC), November 2016 – Merit List – (10-02-2017) S.NO. ROLL NO. REG NO. NAME CITY TOTAL MARKS RANK 1 554071 WRO0570575 REKHA GHEVARRAM SUTHAR PUNE 559 1 2 511599 ERO0219359 AAYUSH AGARWAL KOLKATA 553 2 3 434704 SRO0543844 SHIVKRISH V CHENNAI 545 3 4 512008 ERO0213596 ANUJ PODDAR KOLKATA 543 4 5 412666 NRO0408807 […]

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