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Notification No. 07/2017-Customs, Dated: 01.03.2017

March 1, 2017 2934 Views 0 comment Print

Amendment to Notification No.09/2012-Cus reg. enabling authorised offices or agencies in India of the laboratories mentioned under para 4.74 of HBP 2015-20

S. 40(A)(3) Need to review proposed reduction in threshold limit from Rs. 20000 to 10000

March 1, 2017 27591 Views 4 comments Print

Looking to the hard realities, practical problems of traders in respect of payments for the purchases for business, there was need to increase threshold limit of Rs. 20000/- instead it is proposed to be Rs. 10000/- w.e.f. from 1.4.2017(effective date i.e. from the start of the FY 2017-18).

Proved Misconduct by CA while he holds COP Punishable: SC

March 1, 2017 26490 Views 0 comment Print

Whether a practicing Chartered Accountant while he holds the certificate of practice issued by the Institute of Chartered Accountants of India would be liable for punishment for any misconduct committed during the existence of certificate

Budget: Low on Hype; High on Substance

March 1, 2017 1041 Views 0 comment Print

Finance Minister Mr Arun Jaitley, in his Budget for 2017-18, has put the money where the mouth is. Among different descriptions about the Rs 21.46 lakh crore Budget, the most apt came from a top global banker who said it was a piece of workmanship and business-like.

Affordable Healthcare in Budget 2017-18

March 1, 2017 1740 Views 0 comment Print

The 2017 Union Budget estimates for health show an appreciable increase of more than 27%, from Rs. 37061.55 cr in 2016-17, the budget estimate for 2017-18 has been increased to Rs. 47352.51 cr. Further the Government has prepared an action plan to eliminate Kala-Azar and Filariasis by 2017; to eliminate Leprosy by 2018, Measles by 2020 and to eliminate Tuberculosis by 2025.

Budget 2017 focuses on measures to raise farmers’ incomes

March 1, 2017 660 Views 0 comment Print

The Union Finance Minister Arun Jaitley named agriculture as one of the 10 important sectors that were the focus of his budget for 2017-18. He backed it up with announcements of crucial measures towards raising farmers’ incomes including enhancing credit availability

Steel Industry: Unshackling the Barriers to Growth

March 1, 2017 885 Views 1 comment Print

To sum up, behind the success of all the initiatives, strategies, decisions and proposals of Ministry of Steel, one major contributing factor has been the continuous support from the partner Ministries. So these bonds of steel are underlying all Inter-Ministerial deliberations and outcomes. Let me go one step further and assert that Ministry of Steel is only a case in point, and I can say with confidence that this camaraderie, this partnership and this understanding is the hallmark of each Ministry under the Narendra Modi Government.

Game changer budget for Real Estate & Housing

March 1, 2017 2100 Views 1 comment Print

The 2017-18 budget can also be dubbed as a landmark budget from the point of view of property consumers. The budget taxes the affluent and rewards the honest tax payers by way of big personal income tax relief for the lower middle class by halving the tax on yearly income of 2.5- 5 lakh, besides raising IT limit to 3 lakh. Moreover, budget provisions discourage speculative buying by High Net-worth Individuals and on the contrary encourage genuine end- user buying of affordable homes.

Vacancy for Director Position in Indirect Tax

February 28, 2017 4878 Views 0 comment Print

Vacancy for the position of Director, Indirect Tax with a Mumbai Based leading Constancy firm having experience in the field of 10 to 15 Years.

Companies (Transfer of Pending Proceedings) Amendment Rules, 2017

February 28, 2017 1899 Views 0 comment Print

In exercise of the powers conferred under sub-sections (1) and (2) of section 434 of the Companies Act, 2013 (18 of 2013) read with sub-section (1) of section 239 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016) (hereinafter referred to as the Code), the Central Government hereby makes the following rules further to amend the Companies (Transfer cal Pending Proceedings) Rules, 2016, namely

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