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Why you must have active Debit Card – FAQs

December 6, 2016 1609 Views 0 comment Print

Debit Card makes your payments much more convenient and secure through an electronic payment facility directly from your bank account. Debit card can be used for purchases online or at shops by directly debiting your Bank account. Debit cards can also be used to withdraw cash from an ATM.

PF Contribution from Only 3.76 crore members against 17.14 Crore A/cs

December 6, 2016 1372 Views 0 comment Print

The total number of Employees’ Provident Fund (EPF) member accounts as on 31.03.2016, as per Annual Report for 2015-16, is 17.14 crore. On an average, contributions have been received in respect of 3.76 crore members during the year 2015-16.

Rules for filing of annual return under payment of Bonus act amended

December 6, 2016 24031 Views 0 comment Print

1. (1) These rules may be called the Payment of Bonus (Amendment) Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette.

India: Demonetisation signals progress in anti-corruption drive but wider challenges remain

December 5, 2016 1240 Views 0 comment Print

The unexpected withdrawal of large currency notes earlier this month is the latest and boldest move of the government to date to tackle the corruption and tax evasion that have long hurt state revenues. However, the move has been poorly implemented and is at best a one-time crackdown on illegal cash.   Longer-term solutions to corruption […]

Measures to Counter effects of currency demonetization on crop sowing

December 5, 2016 1315 Views 1 comment Print

Remedial measures taken include:-(1) The Farmers are permitted to draw upto Rs.25,000 per week in cash from their Know your Customer (KYC) compliant account subject to the normal loan limits and conditions. This facility will also apply to the Kisan Credit Cards (KCC).

Revised Model GST law : Decoding Meaning & scope of supply

December 5, 2016 4726 Views 0 comment Print

Government is looking firm determined to implement GST by 1st April 2017. Here, we are providing decoding and analysis of meaning and scope of supply.

DEMONETISATION- Johnny, Johnny Yes Papa

December 5, 2016 5134 Views 2 comments Print

Johnny, Johnny ………… Yes Father Count your Money little bit later First let’s discontinued notes to be alter… johny-johny-yes-papaListen, Our leader (Modiji) is Stronger, Who takes decision Harder & Greater,

Filing of Offline Challans with IEPF Authority under Companies Act

December 5, 2016 1528 Views 0 comment Print

Companies depositing amounts to IEPF under section 125 of the Companies Act, 2013 to :- (i) generate challan online only (ii) file form IEPF-1 mentioning the SRN No. of challan (online mode only).

IDS 2016- Department verifying HIgh Value suspicious declarations

December 5, 2016 3181 Views 2 comments Print

There were two sets of declarations of high value which were not taken on record in above figure because these declarations were found to be suspicious in nature being filed by persons of small means.

Govt departments to make e-Payment of payment above Rs. 5000

December 5, 2016 2989 Views 0 comment Print

Any Payment above Rs.5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments

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