PM Narendra Modi on 8th November. 2016 (Tuesday) announced scrapping of Rs 500 and Rs 1,000 notes. The surprise move triggered panic reactions. News is viral on social media. As a Tax consultant I am receiving call regarding it.
Salient features of the scheme of Withdrawal of Legal Tender Character from existing series of Bank Notes in the denominations of Rs. 500 and Rs. 1000
Government declares that ₹ 500 & ₹ 1000 Banknotes shall not be ceased to be legal tender, with effect from the 9th November, 2016 until the 11th November, 2016, to following 8 transactions specified below,
I am an existing taxpayer registered under Excise, Service Tax and State Tax Laws such as VAT, Entry Tax, Luxury Tax and Entertainment Tax. I received SMS/ E-Mail with Provisional ID and Password.
Draft GST Invoice Rules- 1. Format: Tax invoice format is prescribed which contains routine details with signature or digital signatures of supplier.
#PaiseKoJagaao Nothing makes you feel more secure than having a lumpsum amount in your Savings Account, eh? Think again! If you are keeping your money in Saving Accounts, you can practically consider it dead.
ll registered Dealers under VAT or their Authorized Representatives should visit their respective Ward offices between 09/11/2016 to 11/11/2016 and collect sealed envelope containing their provisional ID and Password for use in completing online pre-registration under GST.
Punjab National Bank invites applications from Chartered Accountants/Advocates for empanelment as (a) Tax Retainer and (b) Tax Consultants
Goods and Service Tax Rates have been finalised by the GST council. 3rd November 2016 is the date for the finalisation of the applicable rates under most awaiting regime,
In its meeting on 03rd November 2016 GST Council has finalised Four GST Rates of 5%, 12%, 18% & 28% which will be levied on Various good post implementation of GST.