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GST TRAN 2 is now available on GST Portal

December 18, 2017 7710 Views 0 comment Print

Taxpayers, who were unregistered person under existing law, have been provided with facility to fill Form TRAN-2 on GST Portal, to give statement to avail credit on goods held in stock on the appointed day, in respect of which they were not in possession of any document evidencing payment of duty [refer Rule 117(4) of CGST rules].

Functionality to create and submit Form GSTR 5A by OIDAR enabled

December 18, 2017 1152 Views 0 comment Print

Functionality to create and submit Form GSTR 5A by OIDAR (Online Data Access or Retrieval Services) is now available on GST Portal www.gst.gov.in Functionality to create and submit return in Form GSTR-5A by OIDAR (Online Data Access or Retrieval Services) is now available on GST Portal, to enable taxpayers to give details of supplies made […]

Inter-State e-way Bill to be compulsory from 1st February, 2018

December 16, 2017 45408 Views 9 comments Print

The 24th GST Council Meeting held today through video conferencing decides that Inter-State e-way Bill to be made compulsory from 1st of February, 2018;

MDR charges on transactions of value less than Rs. 2000 to be subsidised

December 16, 2017 4479 Views 0 comment Print

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved that the Merchant Discount Rate (MDR) applicable on all debit card/BHIM UPI/ Aadhaar enabled Payment System (AePS) transactions upto and including a value of Rs. 2000 will be borne by the Government for a period of two years with effect from 1st January, 2018 by reimbursing the same to the banks.

SC extends deadline to Link Aadhaar for all schemes / Services except with PAN to 31.03.2018

December 16, 2017 14517 Views 0 comment Print

1. SC accepted the submission of Government which has stated that (i) The Union government has extended the deadline for Aadhaar linkage with all schemes of its Ministries/Departments until 31 March 2018; (ii) As far as Aadhaar linkage with bank accounts is concerned, for existing bank accounts, the last date for the completion of the process may be extended to 31 March 2018;

Banks demand Increase in TDS limit for Bank interest from current Rs.10,000

December 16, 2017 2529 Views 0 comment Print

It was suggested that TDS limit for Bank interest should be raised from the current Rs.10,000/- especially for senior citizens and pensioners given the current scenario. The limit of Rs.10,000/- was last set in the year 1997.

Vacancy for Credit Control Manager

December 15, 2017 3954 Views 0 comment Print

Vacancy for the post of Credit Control Manager for A Company Based in Mumbai involved in Manufacturing and Trading of Goods. Candidates should be either CA, CS, CMA or MBA finance with 15 to 20 Years of working experience.

Appointment of Concurrent Auditors with National Housing Bank

December 15, 2017 2538 Views 0 comment Print

Request for Proposal: Appointment of Concurrent Auditors National Housing Bank RFP Reference no:- NHB/AAD/RFP/12235/2017 dated December 11, 2017 Request for Proposal (RFP)‑Appointment of Concurrent Auditors All Audits Department Head Office, National Housing Bank Core 5-A, 3rd Floor, India Habitat Centre, Lodhi Road, New Delhi – 110 003 Phone: 011-2464 9031-35 E-Mail: susanta.padhi@nhb.org.in ; sachin.sharma@nhb.org.in IMPORTANT […]

Smartowner – Changing the Real Estate Landscape in India

December 14, 2017 2556 Views 1 comment Print

There’s no secret that India is in the middle of an astonishing long-term growth phase. A key feature of this development is the steep increase in the middle class. The middle-income group in India is projected to climb up to 200 million by the year 2020, and then further escalate to 475 million by the […]

Revised Minimum Recommended Scale of Fees for CA in Practice

December 14, 2017 272958 Views 2 comments Print

Committee for Capacity Building Members in Practice (CCBMP), ICAI initiative for prescribing the Revised Minimum Recommended Scale of Fees for the Professional Assignments done by the Chartered Accountants

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