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GST- Tax Structure, Returns and Penalty Provisions

January 14, 2017 17524 Views 3 comments Print

This article for the purpose of knowledge updation & base on draft model of GST ,which would also change later stage. Today GST is important tax structure for compliance of indirect taxation and this will come at one platform. GST is emerge all indirect tax at one roof, GST, or Goods and Services Tax

Key Reasons Why Investment Planning For Retirement Should Be A Priority

January 14, 2017 3778 Views 0 comment Print

Retirement investment planning is critical but often ignored and postponed for a later stage. Most of us tend to believe that our present day earnings and savings will cushion our expenses during retirement years. Rarely do we consider the erosive impact of inflation on our savings.

Aggregate Turnover Under Revised Model GST Law

January 14, 2017 21535 Views 2 comments Print

Article analyses definition of aggregate turnover and changes brought in by Revised GST Draft Law. The definition of aggregate turnover under revised GST Draft Law is under section 2(6) which states that the aggregate turnover shall include all taxable supplies, exempt supplies, exports of goods and/or services and inter-State supplies of a person having the same PAN.

Dispensing with requirement for convening meeting of Equity Shareholders not possible: NCLT

January 13, 2017 2451 Views 0 comment Print

In relation to the dispensation of the meeting of the equity shareholders of the Transferor Company is concerned we are not inclined to grant dispensation taking into consideration the provisions of Companies Act, 2013 and the rules framed there under both of which expressly do not clothe this Tribunal with the power of dispensation in relation to the meeting of shareholders/members.

Changes in All Industry Rates of Duty Drawback effective from 15.01.2017

January 13, 2017 2824 Views 0 comment Print

Government considered representations, feedback and data related to the All Industry Rates (AIR) of Duty Drawback that took effect on 15.11.2016

Grant of Registration under DVAT and CST within one day

January 13, 2017 1441 Views 0 comment Print

The applicant dealer, applying through DVAT M Sewa, would be granted registration preferably within 01 day, for which no VATI verification would be required.

Definition of Business & Exempt Supplies: Revised Model GST Law

January 13, 2017 4459 Views 0 comment Print

Definition of business seems only to clarify that apart from the activities mentioned in the schedule V, all other activities shall be termed as business transactions and will be covered under GST.

SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2017

January 12, 2017 1375 Views 0 comment Print

No. SEBI/LAD/NRO/GN/2016-17/018.─In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby, makes the following regulations to further amend the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2017

January 12, 2017 1222 Views 0 comment Print

These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2017.

Section 54EC eligible on Investment in specified bonds out of advance payment

January 12, 2017 2785 Views 0 comment Print

This Appeal under Section 260­A of the Income Tax Act, 1961 (the Act)challenges the order dated 28th June, 2013 passed by the Income Tax Appellate Tribunal (the Tribunal). The impugned order is in respect of Assessment Year 2008­-09.

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