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CBEC Chairman on Implementation of GST

April 13, 2017 2820 Views 0 comment Print

The GST Council has in its 13th meeting held on 31.03.2017, approved nine Rules which have been put in the public domain. The same are available on the departmental website.

Soon Aadhaar Integration will be must for MCA21 Services

April 13, 2017 2277 Views 0 comment Print

MCA is actively considering Aadhaar Integration for availing various MCA21 related services. As a preparatory step, all individual stakeholders viz. DIN holders/Directors/Key Managerial Personnel/Professionals of the Institute of Company Secretaries of India-Institute of Chartered Accountants of India-Institute of Cost Accountants of India (whether in employment or in practice) are requested to obtain Aadhaar as early […]

Govt to implement SC Judgment on Target Plus Scheme under FTP 2004-09

April 12, 2017 1935 Views 0 comment Print

It held that the Notification No. 48/2005 dated February 20, 2006 (certain products were made ineligible) and Notification No. 8/2006 dated June 12, 2006 (rates were reduced to 5% from the earlier 5, 10 and 15%) related to the Target Plus Scheme (TPS) could not be applied retrospectively and they would be effective only from the date of their issue.

Migration into GST – The Early Bird Gets the Worm

April 12, 2017 4293 Views 0 comment Print

The implementation of the GST Law from 1st July 2017 seems to be certain. All the existing Assessee under Central Excise, Service Tax and VAT is required to migrate into the GST. With a view to support the Government initiatives and for the benefit members, Indirect Taxes Committee of ICAI has also launched a short […]

Committee to examine framework of Virtual Currencies / Bitcoins

April 12, 2017 1056 Views 0 comment Print

Government constitutes an Inter- Disciplinary Committee chaired by Special Secretary (Economic Affairs) to examine the existing framework with regard to Virtual Currencies. The Committee to submit its report within three months.

Empanelment for Internal Audit with Punjab State Power Corporation Limited

April 12, 2017 1530 Views 0 comment Print

Specification For Empanelment Of Chartered Accoutant Firms/Cost And Management Accountant Firms For Assignment Of Internal Audit Of Works Accounts with Punjab State Power Corporation Limited

Empanelment of CA Firms for Internal Audit with Delhi Building & Other Construction Worker Welfare Board

April 12, 2017 1536 Views 1 comment Print

Enclosed please find herewith a letter alongwith terms and conditions for appointment of Chartered Accountant firm in Delhi Building & Other Construction Worker Welfare Board.

Appointment of CA Firm to implement IND-AS & Accounting in MPPTCL

April 12, 2017 1371 Views 0 comment Print

Appointment of Qualified Chartered Accountant Firm/LLP to implement Indian Accounting Standard (IND-AS) in Madhya Pradesh Power Transmission Company Ltd. (MPPTCL) and Preparation of Accounts. Last / Opening / Due Date- 21-04-2017 Releasing Authority- CE (PROC.) MPPTCL JABALPUR Download Notice for Pre-Bid Meeting – MPPTC Download Tender Notice – MPPTC

Introduction of GST

April 11, 2017 4800 Views 0 comment Print

The introduction of GST would mark a clear departure from the scheme of distribution of fiscal powers envisaged in the Constitution. The proposed dual GST envisages taxation of the same taxable event, i.e., supply of goods and services, simultaneously by both the Centre and the States.

Adhia to review Preparedness of North Eastern Region for GST

April 11, 2017 879 Views 0 comment Print

The Revenue Secretary, Government of India, Dr. Hasmukh Adhia will leave on a four day visit to North East on Thursday, 13th April, 2017 in order to review the preparedness of the North East Region for the Goods and Services Tax (GST) which is estimated to be rolled-out from 1st July, 2017.

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