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Do not subscribe to Public Issues of these 256 Companies: SEBI

January 30, 2017 3921 Views 0 comment Print

SEBI has taken action against 256 (as on January 10, 2017) such entities for issuance of securities in the form of non-convertible and convertible preference shares/ non-convertible and convertible debentures/ equity shares to public, without complying with the prescribed provisions of law as referred in Para 1, 2, 3 & 4 above.

India Post Payments Bank will be a game changer for financial inclusion-Manoj Sinha

January 30, 2017 942 Views 0 comment Print

IPPB is widely expected to be a game changer for financial inclusion in the country as the USP of this initiative is doorstep banking, particularly in the rural areas.

Service Tax on OIDAR services to be paid on or before 06.03.2017

January 30, 2017 2790 Views 0 comment Print

In case of online information and database access or retrieval services provided or agreed to be provided by any person located in a non-taxable territory and received by non-assessee online recipient, the service tax payable for the month of December, 2016 and January, 2017, shall be paid to the credit of the Central Government by the 6th day of March, 2017.

Notification No. 05/2017-Service Tax Dated: 30th January, 2017

January 30, 2017 3669 Views 0 comment Print

In the Notification No. 25/2012 – Service Tax, dated the 20th June, 2012, in the opening paragraph, in entry 34, in the proviso, for the word, brackets, and letter clause (a), the words, brackets and letters clause (a) or clause (b) shall be substituted.

PM’s ‘Mann Ki Baat’ address on All India Radio on 29.01.2017

January 29, 2017 1599 Views 0 comment Print

Exams in themselves, should be a joyous occasion. After a year of hard work, one has the opportunity to display one’s capabilities, so this should be a festival of joy and enthusiasm.

PMGKY 2016: Reclaim your peace of mind

January 29, 2017 3651 Views 0 comment Print

Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 Can help you come clean while contributing to nation building endeavours

Definition of First Stage Dealer under revised Model GST Law

January 29, 2017 14706 Views 1 comment Print

First Stage Dealer means a dealer, who purchases goods directly from,- (i) manufacturer under cover of an invoice issued in terms of provisions of Central Excise Rules, 2002 or from depot of said manufacturer, or from premises of consignment agent of said manufacturer or from where goods are sold by or on behalf of said manufacturer, under cover of an invoice; or

Stand-Up India Scheme for financing SC/ST and/or Women Entrepreneurs

January 29, 2017 7596 Views 2 comments Print

Features of Stand-Up India Scheme for financing SC/ST and/or Women Entrepreneurs Objective The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a […]

Reduce customs duty on chilled & frozen sea food and poultry

January 28, 2017 1641 Views 0 comment Print

Government urged to to reduce customs duty on chilled and frozen seafood from present level of 30% to 10% to bring down food inflation and satiate high demand for seafood in India.

GST on healthcare will make medicare unaffordable

January 28, 2017 2703 Views 0 comment Print

The healthcare sector catering to the unmet health needs of the society should be kept out of the purview of the Goods and Services Tax (GST) or else medical care would become expensive and unaffordable for the common persons

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