1. The Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 has been promulgated, in the follow-up of withdrawal of the legal tender character of the existing series of banknotes, as on 8.11.2016, in denominations of Rs. 500 & Rs. 1000 (referred to as Specified Bank Notes or SBNs). The Ordinance has come into effect from […]
Writ been filed in SC requesting to quashing/setting aside penalty, surcharge and also provisions for lock-in/withholding of 25% of disclosed income for 4 years under the Taxation Laws (Second Amendment) Bill, 2016, (Pradhan Mantri Garib Kalyan Yojna, 2016), i.e. Section 199D(2), 199E and 199F of the Finance Act, 2016, by declaring them illegal and null and void;
After demonetization income tax raid at many places, issues in banks came to notice. Further a big change in the indirect tax laws i.e. GST is coming. So there were big changes are likely to come in the year 2017 in the financial world.
जी.एस.टी. के दौरान केन्द्रीय बिक्री कर अर्थात सी.एस.टी. का पूर्ण रूप से अंत हो जाएगा एवं सी फॉर्म एकत्र करने की कोई समस्या भी नहीं रहेगी. लेकिन एक प्रश्न फिर भी उठता है कि तब एक राज्य से दूसरे राज्य के बीच होने वाले व्यापार को किस प्रकार से नियमित एवं नियंत्रित किया जाएगा.
As one of the biggest decision in the history of Independent India, Prime Minister Mr. Narendra Modi marks the evening of 8th November 2016 with his surgical strike on black money through announcement of ceasing the Currency Notes of 500 rupees and 1000 rupees with a vision of putting a check on the huge amount of Black Money
A new model proposed GST to monitor the interstate trade of Goods and Services and this is called IGST i.e. Integrated Goods and Service Tax.
Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. BHIM is developed by the National Payment Corporation of India (NPCI). BHIM is made in India and dedicated to the service of the […]
In India the Word CORRUPTION is associated from the bottom line and it will be grown day by day which can not be stopped now. Because its insert in the Subconscious mind, and which is never change once it was taken place.
interest on various small savings schemes for the fourth quarter of financial year 2016-17 starting on 1st January, 2017 and ending on 31st March,2017,
Cabinet on Wednesday cleared promulgation of an ordinance to penalize persons holding junked Rs 500 and Rs 1,000 notes beyond March 31.
