Sponsored
    Follow Us:

Suggest on regulation of fee payable to insolvency professional: IBBI

April 2, 2018 4269 Views 0 comment Print

Insolvency and Bankruptcy Board of India (IBBI) released a discussion paper today on regulation of fee payable to insolvency professionals (IPs) and other process costs under Corporate Insolvency Resolution Process (CIRP). The discussion paper is available at www.ibbi.gov.in.

4 new facilities on GST Portal or in GST Forms / Utilities wef 01.04.2018

April 2, 2018 42738 Views 5 comments Print

Offline Tool of Form GSTR 1 has been modified to allow taxpayer to delete more than 2500 Invoices at one go. A Reset Button has been enabled for Form GSTR 3B, which were in submit status as on 20th February 2018. Taxpayers can now click on the reset button, which opens up Form GSTR-3B in […]

Test Check genuineness of Online EPF Claims for settlement: EPFO

April 2, 2018 8355 Views 0 comment Print

(i) Out of the list of online claims being provided, atleast 1% of online cases must be test checked for genuineness. (ii) The member/employer may also be contacted, if felt necessary based on the above observations, to confirm genuineness of the claim.

Smooth roll out of e-Way Bill system from 01st April, 2018

April 2, 2018 2076 Views 0 comment Print

As per decision of the GST Council, e-Way Bill system became mandatory from today i.e. 01st April, 2018 for all inter-State movement of goods. The implementation of the nationwide e-Way Bill mechanism under GST regime is being done by GSTN in association with the National Informatics Centre (NIC) and is being run on portal namely  […]

MCA removes applicability of AS 22 & Ind AS 12 to Govt Companies forever

April 2, 2018 2163 Views 0 comment Print

Vide Notification number S.O. 529(E), dated the 5th February, 2018 it was specified that provisions of Accounting Standard 22 or Indian Accounting Standard 12 relating to deferred tax asset or deferred tax liability shall not apply, for seven years to certain Government companies with effect from the 1st April, 2017. Now Government has vide this […]

CBEC renamed central board of indirect taxes and customs (CBIC)

April 1, 2018 6414 Views 0 comment Print

With the enactment of the Finance Act, 2018, CBEC is renamed as the Central Board of Indirect Taxes and Customs (CBIC). The change was necessitated due to enactment of the Goods and Services Tax (GST) which has consolidated the multiple Indirect Taxes into one tax.

Procedures and Intricacies of E-Way Bill – How, When and Who to generate

April 1, 2018 57315 Views 8 comments Print

E-way bill provision of GST, first introduced on 1 February 2018 was initially made mandatory for inter-state transportation of goods, having consignment value of more than Rs. 50,000 through road, railways, airways and vessels.

Incidence of GST on providing catering services in train –regarding

March 31, 2018 2484 Views 0 comment Print

Different GST rates are being applied for mobile and static catering in Indian Railways which is presently leading to a situation whereby the same licensee (selected by Indian Railways/IRCTC) supplying the same food would be subjected to different GST rates depending on whether it is mobile or static catering

IBBI commences valuation examinations

March 31, 2018 1809 Views 0 comment Print

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA PRESS RELEASE 30th March, 2018 Insolvency and Bankruptcy Board of India commences valuation examinations The Central Government notified the commencement of section 247 (relating to valuers) of the Companies Act, 2013 with effect from 18th October, 2017. It also notified the Companies (Registered Valuers and Valuation) Rules, 2017 on […]

Payment of Gratuity (Amendment) Act, 2018 brought in force on 29th March, 2018

March 30, 2018 4680 Views 5 comments Print

Decision:The Payment of Gratuity (Amendment) Bill, 2018 has been passed by Lok Sabha on 15th March, 2018 and by the Rajya Sabha on 22nd March, 2018, has been brought in force on 29th March, 2018. Background: The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons.  The main purpose for enacting […]

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031