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Archive: 15 March 2018

Posts in 15 March 2018

Special Drive to liquidate all pending IGST refund claims

March 15, 2018 2805 Views 0 comment Print

Special Drive to liquidate all pending IGST Refunds by observing a special drive IGST Refunds Fort-night beginning from 15-3-2018 to 29-3 2018.

Notification No. 20/2018-Customs (N.T.), Dated: 15.03.2018

March 15, 2018 1284 Views 0 comment Print

S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue)

Notification No. 19/2018-Customs (N.T.), Dated: 15.03.2018

March 15, 2018 2097 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super-session of the notification of the Central Board of Excise and Customs No. 18/2018-CUSTOMS (N.T.), dated 1st March, 2018 except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs

Lok Sabha passes Finance Bill 2018 with amendments (Download Bill)

March 15, 2018 34347 Views 1 comment Print

The Lok Sabha on March 14, 2018  passed the Finance Bill 2018 after the Finance Minister Arun Jaitley moved as many as 21 amendments. Finance Bill 2018 as passed by Lok Sabha has introduced some changes in the provisions originally proposed in the Lok Sabha on February 1, 2018. The relevant appropriation Bills moved by Jaitley […]

SEBI amends circular related to requirement of underlying exposure for currency derivatives contracts

March 15, 2018 747 Views 0 comment Print

(a) Domestic clients / Foreign Portfolio Investors (FPIs) may take long or short positions without having to establish existence of underlying exposure, upto a single limit of USD 100 million equivalent, across all currency pairs involving INR, put together, and combined across all the stock exchanges.

How to Avoid Excess Deduction of TDS from Salary Account of Salaried Person

March 15, 2018 22170 Views 2 comments Print

The Indian income tax laws cast an obligation on an employer to withhold taxes at the time of payment of salaries. Employers, therefore, withhold taxes on salary paid after allowing a deduction to the extent of prescribed investment/savings.

31 March 2018: Last date to file Income Tax Return for AY 2016-17 & AY 17-18

March 15, 2018 23535 Views 5 comments Print

Those who are required to file ITR for the AY 16-17 and AY 17-18 and have not filed are requested to file well before 31st March 2018.

Government Nomination in Disciplinary Committee Bench II and III of ICAI

March 15, 2018 903 Views 0 comment Print

I wish to inform that the Ministry of Corporate Affairs, vide its letter No.1/4/2016-PI dated 5th March, 2018 (copy enclosed) has communicated the nomination of the following persons on the Bench – II and Bench III of the Disciplinary Committees under the provisions of Section 21B of the Chartered Accountants Act, 1949, for the term of the 23rd Council or till further orders, whichever is earlier:-

ICAI to take Stringent Action Against Adoption of Unfair Means in exams

March 15, 2018 4254 Views 3 comments Print

In respect of the Examinations held in November 2017, over 90 cases of infringement/ violation of Instructions to Examinees, which tantamounts to adoption of unfair means, were reported. The nature of infringement/ violation in these cases, inter alia, included the following.

How to Register Sole Proprietorship Firm in India?

March 15, 2018 34851 Views 3 comments Print

The leading business advisor, ebizfiling is a leader in sole proprietorship firm registrations in India. The sole proprietorship type is the favorite business form for the small entrepreneurs. It simply allows starting a firm with small capital, short time frame.

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