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Archive: 08 August 2017

Posts in 08 August 2017

Modification to Guidelines on Point of Sales (POS) – Life Insurance

August 8, 2017 1332 Views 0 comment Print

Annexure –I (a) – Pure Term Insurance Product with or without return of Premium wherein the maximum Limit of Sum Assured under the Pure Term Product was capped up to Rs 25 Lakhs (excluding ADB Rider) Only

Constitution of Review Committee of Commissioners

August 8, 2017 3045 Views 0 comment Print

Please refer to Office Order No. 133/2017 dated 01.08.2017 issued from F.No. A 220/22011/12/2017-AD.II whereby the Board has issued a pre-approved chain of nomination of first link officer at the level of Chief Commissioners.

MGST: Extension of time limit for submission of GSTR-3B

August 8, 2017 1701 Views 2 comments Print

Maharashtra Goods and Services Tax Act, 2017 (MGST): Extension of time limit for submission of GSTR-3B for the month of July and August 2017- No. JC(HQ)-1/GST/2017/Noti/18/ADM-8 dated 11th August 2017

MGST: Extension of time limit for submission of GSTR-3

August 8, 2017 1329 Views 0 comment Print

Maharashtra Goods and Services Tax Act, 2017 (MGST): Extension of time limit for submission of GSTR-3 for the month of July and August 2017

MGST: Extension of time limit for submission of GSTR-2

August 8, 2017 2676 Views 0 comment Print

Maharashtra Goods and Services Tax Act, 2017 (MGST)- Extension of time limit for submission of GSTR-2 for the month of July and August 2017

MGST: Extension of time limit for submission of GSTR-1

August 8, 2017 1896 Views 0 comment Print

Maharashtra Goods and Services Tax Act, 2017 (MGST): Extension of time limit for submission of GSTR-1 for the month of July and August 2017

S. 54EC CBDT allows Indian Railway Finance Corp. Ltd to issued Bond

August 8, 2017 2565 Views 0 comment Print

In exercise of the powers conferred by clause (ba) of Explanation to section 54EC of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that any bond redeemable after three years and issued by the Indian Railway Finance Corporation Limited, a company formed and registered under the Companies Act, 1956 (1 of 1956), on or after the date of publication of this notification in the Official Gazette, as ‘long-term specified asset’ for the purposes of the said section.

Is it the right time to invest?

August 8, 2017 3954 Views 1 comment Print

Each and every investor would like to know when the right time to invest is. The ideal time for one to invest is obviously when the market is at a much lower level. So as to do the market timing, one needs to predict the market movements. Is it possible to predict in advance as […]

Impact of GST on Redevelopment Projects

August 8, 2017 29448 Views 8 comments Print

With onset of Goods and Service Tax (GST) w.e.f. 01st July, 2017, various indirect taxes levied by Central and State Governments has been subsumed under the GST mainly Excise Duty, Service Tax and Value Added Tax. Under the GST, the rate of tax as decided for construction of complex, building, civil structure intended for sale […]

Govt. notifies amended regulation related to lesser penalty under CCI

August 8, 2017 1563 Views 0 comment Print

Grant of lesser penalty.—Subject to the conditions laid down in regulation 3, the applicant and individual mentioned in sub-regulation (1A) of regulation 3 shall be granted benefit of lesser penalty than leviable under clause (b) of section 27 and section 48 of the Act, as the Commission may decide, in the following manner, namely;—

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