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Archive: 03 September 2018

Posts in 03 September 2018

How to Calculate TDS on Salary with Examples

September 3, 2018 555249 Views 26 comments Print

Every Employer who is paying salary to his employee which is more then maximum amount exempt from tax has to deduct TDS on such Salaries Under section 192 of the Income tax Act,1961. While deducting TDS employers are faced with following questions

Brief Study of Section 269SS, 269T, 68 and 69 of Income Tax Act,1961

September 3, 2018 69387 Views 12 comments Print

There are very few things in this world which are both Legal & Lethal. TAX is one of them. If tax provisions are not understood properly or tax is not paid in proper time, it is enough to give you hypertension. Moreover it is important to know what are the sections that affect your daily transactions and how these transactions are dealt with in Assessment proceedings. Hence it is very important to have some elementary knowledge of such Tax Provisions.

A Note on Exposure Draft of ICSI Guidance on Diligence Report on Governance for Banks

September 3, 2018 2970 Views 1 comment Print

In order to strengthen the information sharing system among banks in respect of the borrowers enjoying credit facilities from multiple banks, the banks are required to obtain regular certification by a professional, preferably a Company Secretary, regarding compliance of various statutory prescriptions that are in vogue.

ICAI declares Structure of Practical Training Assessment

September 3, 2018 1041 Views 0 comment Print

The students after completing their 1st/ 2nd year of practical training in a particular quarter of a year would be eligible to register for the practical training assessment test in the subsequent quarter. The first test for both the category of students will be on September 23, 2018

Registration & responsibility under Plastic Waste Management Rules, 2016

September 3, 2018 15798 Views 1 comment Print

This article explain the provision of Plastic Waste Management Rules 2016, requirement of registration thereunder and responsibilities of manufacturer, producer, street vendor etc. Act Environment (Protection) Act, 1986 Rule Plastic Waste Management Rules 2016 Applicability of rules (Rule-2(1)) Shall apply to every – Plastic waste generator, – Local body, – Gram Panchayat, – Manufacturer, – […]

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