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Watch movie on TDS awareness in 9 Languages

March 22, 2017 2415 Views 0 comment Print

TDS- JAGRUKTA a movie by DTRTI, Kolkata in English, Hindi, Bengali, Marathi, Gujarati, Punjabi, Telgu, Tamil & Kannad has been released by Shri Gopal Mukherjee, Member ( Rev & TPS), CBDT.

Maharashtra Budget 2017-2018 Highlights with Speech

March 22, 2017 4983 Views 1 comment Print

In this article we have compiled highlights of Maharashtra Budget 2017-18 alongwith Budget Speech including the changes on Tax Front in GST, Formation of additional benches of Maharashtra Sales Tax Tribunal, Maharashtra Value Added Tax Act, Profession Tax Act, Entry Tax Act, Sugarcane Purchase Tax, Value Added Tax, Lottery tax etc. Budget Highlights HIGHLIGHTS OF […]

4% KVAT applicable on Iron and Steel used in construction of building

March 21, 2017 3762 Views 0 comment Print

Iron and Steel purchased by the respondent – assessee and used in the execution of the civil works contracts of the construction of the buildings, remains Iron and Steel as declared goods under the provisions of Section 14 of the Central Sales Tax Act, 1956 and therefore are taxable only at the concessional rate of 4% and not at 13% rate of tax.

Understanding Basic Terms NRI/PIO/OCI & Steps to Start a Business In India

March 21, 2017 12648 Views 5 comments Print

To understand how to start a business in India if you are an NRI/PIO/OCI, we should firstly get well conversant with the meaning of the terms NRI/PIO/OCI. Difference between NRI/PIO/OCI

Operational flexibility for Indian subsidiaries of Non-resident Companies

March 21, 2017 993 Views 0 comment Print

To provide operational flexibility for booking derivative contracts to hedge the currency risk arising out of current account transactions of Indian subsidiaries of Multi-National Companies (MNCs).

ICAI constitutes Group to formulate Detailed MCA Action Plan

March 21, 2017 987 Views 0 comment Print

After the meeting, ICAI has been asked to give a report inter-alia covering the following aspects: Identification of the accountancy, finance and related services with the potential of exports and related geographical markets. Assessment of skill requirements and building capacity for accessing the markets.

Amendment in Policy on Imports and Exports to Korea

March 21, 2017 687 Views 0 comment Print

This notification seeks to update the Foreign Trade Policy, 2015-2020 to account for current UN Security Council Resolutions concerning Democratic People’s Republic of Korea (DPRK) up to Resolution 2321(2016) of 30th November 2016.

Order No. 41 of 2017: Transfer and posting in CIT grade

March 21, 2017 4845 Views 0 comment Print

Postings/ transfers in the grade of Commissioner of Income Tax of 8 CITs posted at delhi are, hereby, ordered with immediate effect and until further orders:-

Procedure to apply TAN through SPICe Form No. INC-32

March 21, 2017 3591 Views 0 comment Print

Notification explains Procedure of TAN application through Simplified Profoma for Incorporating Company Electronically (SPICe) (Form No. INC-32) of Ministry of Corporate Affairs.

High expectations riding on new UP Government: ASSOCHAM

March 21, 2017 960 Views 0 comment Print

Faced with high expectations created by a massive mandate given to the BJP, the incoming Chief Minister of Uttar Pradesh has to meet immediate challenges of ensuring much better electricity supply in the coming summer, give urgent relief to Bundelkhand  and find a lasting solutions for arrears of sugarcane farmers, the ASSOCHAM said today. The […]

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