Please refer to our ‘Master Direction FIDD.No.FSD.BC.2/05.10.001/2016-17 dated July 1, 2016 incorporating guidelines issued to banks in regard to matters relating to relief measures to be provided in areas affected by natural calamity.
GST is an enormous step forward for the country in creating uniformity of taxes throughout the country. Its implementation would be a complex process and for everyone in the industry, each one would have to play their part for the effective GST implementation. Reliance Jio has come up with India’s first mobile-based GST solution ‘Jio-GST’ […]
Friends as you all know GST has been made effective w.e.f 1-7-2017. GST has been welcomed by all and specially Chartered Accountants for a simple reason that it will create biggest opportunity of all time for them. CA’s are most enthusiastic and they should be.
A new Section 108A and 108B inserted which cast responsibility on Banking Company, Stock Exchange, Financial Institution, Register, Co Operative Bank etc to Furnish information to Proper Officer. Penalty Rs 100 per day will be imposed in case of failure to Furnish Information.
The Undersigned is directed to state that a GST Facilitation Cell has been constituted under Dr. Mohan Chutani, Economic Adviser, Ministry of Corporate’ Affairs (MCA). The GST Facilitation Cell will aim to ensure smooth and successful roll out of GST and will be in touch with all stakeholders as well as professional institutes and industry associations.
Circular No. 22 of 2017 F.No.370142/10/2017-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) (TPL Division) *** Dated 03rd July, 2017 Clarifications in respect of section 269ST of the Income-tax Act, 1961 With a view to promote digital economy and create a disincentive against cash economy, a new section […]
In the Income-tax Rules, 1962, in Appendix II, in Form No. 3CD, for serial number 31 and the entries relating thereto the following shall be substituted, namely: 31. (a) Particulars of each loan or deposit in an amount exceeding the limit specified in section 269SS taken or accepted during the previous year :‑
Central Government hereby specifies that the provision of section 269ST shall not apply to the following, namely: (a) receipt by a business correspondent on behalf of a banking company or co-operative bank, in accordance with the guidelines issued by the Reserve Bank of India;
The Offline tool comes bundled with MS Excel Template and a java tool. This Excel workbook template has 11 data entry worksheets, 1 master sheet and 1 Help Instruction sheet i.e. total 13 worksheets.
Attention of all officers and concerned staff is invited to the Board’s Circular No. 12/2017- Customs dated 31.03.2017 and Public Notice No. 66/2017 dated 26.05.2017 of JNCH, regarding legislative changes relating to the Customs Act, 1962 proposed in the Finance Bill, 2017 issued vide Board Circular No. 12/2017 –Customs dated 31.03.2017.
