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Value enhanced of Import of consumer electronic items for personal use

August 12, 2016 1141 Views 0 comment Print

C.I.F. value of import of consumer electronic items at any one time by any person through post or otherwise for personal use is enhanced to ₹ 50,000.

Do you know facts about Beauty?

August 12, 2016 2881 Views 0 comment Print

The very thought of the word ‘Beauty’ thrills and kindles imagination. Beauty is an inner feeling about the external world. It’s the perception of the invisible mind about anything visible to our eyes. Nature manifests the beauty in several ways and dimensions. Flowers & fruits, Rainbow

Constitution of National Committee on Trade Facilitation

August 11, 2016 1738 Views 0 comment Print

The formation of a National Committee on Trade Facilitation (NCTF) is part of the mandatory, institutional arrangement of the WTO Agreement on Trade Facilitation (TFA). Article 23.2 of the TFA requires each WTO member to establish and/or maintain a NCTF or designate an existing mechanism to facilitate both domestic co-ordination and implementation of TFA. provisions.

Notification No. 69/2016-Income Tax Dated: 11.08.2016

August 11, 2016 502 Views 0 comment Print

(a) grant from Central Government; (b) grant from State Government; and (c) consent fee for permission for setting up industry in the state of Haryana.

Applying for loan: What you must do while handing over your KYC documents

August 11, 2016 7102 Views 2 comments Print

Why is KYC Needed? Since your KYC is one of the stepping stones when commencing a new financial relationship, it becomes obvious that you must keep all these documents well guarded and make sure they are not easily duplicated. If you let your documents float around the city then you could land in a major mess which could upset all your future financial relationships.

Benami Transactions (Prohibition) Amendment Act, 2016

August 11, 2016 12913 Views 0 comment Print

Benami property means any property which is the subject matter of a benami transaction and also includes the proceeds from such property; (9) benami transaction means,— (A) a transaction or an arrangement—(a) where a property is transferred to, or is held by, a person, and the consideration for such property has been provided, or paid by, another person; and

Don’t try to give up Over-Spending!!!

August 11, 2016 3214 Views 0 comment Print

Giving up over-spending is a struggle. It brings a lot of negative emotions like guilt, frustration and shame. When you are thinking about giving up over-spending, sub-consciously you are still thinking about over-spending. The more you try to give up over-spending, the more you indulge in over-spending.

Multipurpose Empanelment Form for year 2016 -17 starts

August 11, 2016 4051 Views 0 comment Print

This is to inform that Multipurpose Empanelment Form for the year 2016-17 will be live at www.meficai.org on 11th August, 2016. This year, we have made every effort to make it more comprehensive to collect maximum information and disseminate through a centralized database.

Overview – Compounding of Offences under FCRA, 2010

August 11, 2016 8731 Views 0 comment Print

Every officer or authority referred to in sub-section (1), while dealing with a proposal for the compounding of an offence for a default in compliance with any provision of this Act which requires by an individual or association or its officer or other employee to obtain permission to file

How to do Concurrent Audit of a Bank- 3Qs & 3Cs

August 11, 2016 17202 Views 7 comments Print

Most of the young chartered Accountants always dwell in the Question How to do concurrent Audit of a Bank. There are many reasons of this anxiety they possess for concurrent audits, Such as Lack of experience, Lack of opportunities, Lack of confidence etc.

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