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Archive: 01 March 2018

Posts in 01 March 2018

Foreign banks to lend to small & marginal farmers & micro enterprises

March 1, 2018 606 Views 0 comment Print

Sub-target of 8 percent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent Amount of Off-Balance Sheet Exposure (CEOBE), whichever is higher, shall become applicable for the foreign banks with 20 branches and above, for lending to the small and marginal farmers from FY 2018-19.

Upload supporting documents to bills of entry through e-SANCHIT

March 1, 2018 1569 Views 0 comment Print

It has now been decided that it shall be obligatory to upload the supporting documents through e-SANCHIT facility for all the bills of entry filed in JNCH w.e.f. 15.03.2018.

Customs Rate of Exchange of Conversion Foreign Currencies wef 02.03.2018 notified

March 1, 2018 789 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.13/2018-CUSTOMS (N.T.), dated 15th February, 2018

PNB Fraud – Buck Stops With The Regulator ??

March 1, 2018 10914 Views 9 comments Print

Is the PNB fraud an operational failure or a auditing failure or a regulatory failure is the question (leaving alone the political slugfest) in the people mind and there are lot of claims and counter claims on the basic reasons for such a massive scam to have happended. No bank is without operational risks and […]

Is Supply under Export, initially unearned revenue?

March 1, 2018 10707 Views 2 comments Print

This article is basically a step towards illuminating an issue being faced by various Export Houses indulged in containerized export of goods. The main issue here is that, due to statutory requirements of Indian Customs law, we have to issue a Tax Invoice before filling of shipping bill to take the goods inside the customs area in Inland Container Depot (ICD)

Automated Tax Challan 280 in Excel

March 1, 2018 230067 Views 3 comments Print

Just fill the details in input sheet and our calculator will auto generate Income Tax Payment Challan 280 ITNS in Excel Format.

Automated Income Tax Form 16 for F.Y.2017-18

March 1, 2018 112728 Views 6 comments Print

Download Fully Automated Income Tax Calculator in excel format which also generates Form 16 for Financial Year 2017-18.

Revision Strategies for CA Exams

March 1, 2018 7512 Views 0 comment Print

The time for the Chartered Accountancy examinations is approaching. You are left with around TWO MONTHS to fight the biggest battle of your life. It is a very well saying that the more you sweat in practice, the less you bleed in battle. Examinations are one of the most crucial phases of life for a […]

March 2018- The Month of Deadly Deadlines

March 1, 2018 39285 Views 15 comments Print

Thus, in order to manage the upcoming month, I had compiled the important due dates for the month of March 2018, and the list of events or work which needs to be completed within the said deadline as below:

Highlights of Law to prevent Sexual Harassment of Women at Workplace

March 1, 2018 4062 Views 0 comment Print

Where there is no Internal Complaints Committee, in such cases the victim (survivor) can complain directly to the LOCAL Complaints Committee constituted by the appropriate government. Every District officer shall constitute in the district concerned, a committee to be known as the Local Complaints Committee.

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