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Archive: 12 April 2017

Posts in 12 April 2017

Appointment of CA Firms with PSPCL for IND-AS implementation

April 12, 2017 9165 Views 0 comment Print

The offer shall be considered only from Indian, Technically competent, experienced and financially sound Chartered Accountant firms who meet the following pre-qualification requirements/criteria:

Govt to implement SC Judgment on Target Plus Scheme under FTP 2004-09

April 12, 2017 1719 Views 0 comment Print

It held that the Notification No. 48/2005 dated February 20, 2006 (certain products were made ineligible) and Notification No. 8/2006 dated June 12, 2006 (rates were reduced to 5% from the earlier 5, 10 and 15%) related to the Target Plus Scheme (TPS) could not be applied retrospectively and they would be effective only from the date of their issue.

Duty of employer to inform employee of his rights for Compensation

April 12, 2017 3075 Views 0 comment Print

Section 17A. Every employer shall immediately at the time of employment of an employee, inform the employee of his rights to compensation under Employee’s Compensation (Amendment) Act, 2017.

Central Goods and Services Tax Act, 2017

April 12, 2017 491964 Views 0 comment Print

1. (1) This Act may be called the Central Goods and Services Tax Act, 2017. (2) It extends to the whole of India except the State of Jammu and Kashmir. An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and for matters connected therewith or incidental thereto.

Entry of Indian Corporates in E-Commerce

April 12, 2017 2124 Views 1 comment Print

Did you know that India is the fastest growing market for e-commerce? The e-commerce market in India is expected to hit $64 billion by 2021. In Asia Pacific, fashion and apparel tops the list followed by consumer electronics and computer hardware.

Integrated Goods and Services Tax Act, 2017

April 12, 2017 95409 Views 1 comment Print

An Act to make a provision for levy and collection of tax on inter-State supply of goods or services or both by the Central Government and for matters connected therewith or incidental thereto.

Union Territory Goods and Services Tax Act, 2017

April 12, 2017 13962 Views 0 comment Print

1. (1) This Act may be called the Union Territory Goods and Services Tax Act, 2017. (2) It extends to the Union territories of the Andaman and Nicobar Islands, Lakshadweep, Dadra and Nagar Haveli, Daman and Diu, Chandigarh and other territory.

Tax Exemption to Startups in India

April 12, 2017 5502 Views 0 comment Print

Press Information Bureau Government of India Ministry of Commerce & Industry 12-April-2017 13:18 IST Tax Exemption to Startups Various tax exemptions have been given to Startups in the recent past – Following direct tax incentives were provided in Income-tax Act,1961 (‘the Act’) to promote Start-ups through Finance Act,2016: Introduction of new section 54EE in Income-tax […]

GST (Compensation to States) Act, 2017

April 12, 2017 30186 Views 0 comment Print

1. (1) This Act may be called the Goods and Services Tax (Compensation to States) Act, 2017. (2) It extends to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Companies (Removal of Names of Companies from Register of Companies) Amendment Rules, 2017

April 12, 2017 3123 Views 0 comment Print

G.S.R. ….(E).- In exercise of the powers conferred by sub–sections (1), (2) and (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules to amend the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016

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