"15 February 2017" Archive - Page 3

Increase cyber security spending to match growing threat landscape

The government should sharply increase spending on cyber security to a level that matches the changing threat landscape, noted a paper jointly conducted by ASSOCHAM-PwC. ...

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Posted Under: Corporate Law |

Excise duty on medicines under Ayurvedic, Unani, Siddha, Homeopathic or Biochemic Systems

The provisions of Central Excise Act 1944 with respect to medicines under Ayurvedic, Unani, Siddha, Homeopathic or Biochemic (AYUSH) System has been discussed as under ...

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Posted Under: Corporate Law |

Budget 2017: Adding more pace in the Start-Up Space

The budget 2017 has proposed changes to the tax legislation which aims to further incentivize the start-up companies. This article aims to provide an insight to some of the significant tax proposals having an impact in the start-up segment....

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Posted Under: Corporate Law |

Internal Audit empanelment with Airports Authority of India of CA / CMA firms

Empanelment Of Chartered Accountant (CA) / Cost Management Accountant (CMA) Firms For Conducting Internal Audit For A Period Of 3 Years From 2016-17 To 2018-19 At Various Airports / Regions Of Airports Authority Of India...

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Posted Under: Corporate Law |

Does Revisionary power u/s 263 of Income Tax Act 1961 really confer power to re-review?

Section 263 confers wide powers on Principle Commissioner of Income Tax/Commissioner of Income Tax (Pr.CIT/CIT) to revise any assessment which is erroneous and prejudicial to interests of revenue....

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Posted Under: Corporate Law |

Auto Income Tax Calculator for FY 2017-18 (AY 2018-19)

Auto Income Tax Calculator for Financial Year (FY) 2017-18 / Assessment Year (AY) 2018-19 in Excel Format after considering proposed amendment in Tax Rates, Deductions and Rebates vide Union Budget 2017-18....

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Posted Under: Corporate Law |

SC held Sasikala and her two relatives guilty of Corruption

State Of Karnataka Vs. Selvi J. Jayalalitha & Ors. (Supreme Court)

In a land mark 570 Page Judgment on 14.02.2017 Supreme Court has sent VK Sasikala and her two relatives to jail for four years for corruption. Supreme court also barred VK Sasikala from holding public office or contesting elections for 10 years after holding her guilty of amassing wealth disproportionate to her known income. She was also ...

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