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Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme 2016

February 7, 2017 1629 Views 0 comment Print

Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016; Government decides to allow declarants to make deposits on one or more occasions in the PMGKDS, 2016

No hike in service tax if GST roll out is delayed

February 7, 2017 1410 Views 0 comment Print

The Government is not thinking to hike service tax if GST roll out is delayed. The Government is taking steps to expedite the GST and to take the concerns of the States on board.

Tax evading notices by Directorate of Revenue Intelligence (DRI)

February 7, 2017 1725 Views 0 comment Print

The details of show cause notices issued to various firms by the Directorate of Revenue Intelligence (DRI) for evading taxes are as under.

Deposits in Jan Dhan bank A/cs post currency demonetisation

February 7, 2017 1401 Views 0 comment Print

Following demonetization of specified bank notes on 8th November 2016, the Income Tax Department (ITD) has collected information of cash deposits in bank accounts, including Jan Dhan accounts. Such information has been compared with the profile of the persons based upon the information available in the data base of ITD.

2494 complains in last 3 years against e-Commerce companies

February 7, 2017 948 Views 0 comment Print

Details of complaints received in National Consumer Helpline against direct selling /e-commerce companies during 2014-15, 2015-16 and 2016-17 (up to December, 2016 ) are as under:

Declaration of Black Money by Tax Payers

February 7, 2017 3012 Views 0 comment Print

In the last financial year (2015-16) 648 disclosures involving undisclosed foreign assets worth Rs.4164 crore were made in the one-time three months’ compliance window ending 30th September 2015, under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

Appointment of CA Firms for accounts related works with GWRDC Ltd

February 7, 2017 3903 Views 1 comment Print

Appointment of The Firms Of Chartered Accountants For The Different Accounts Works Of The GWRDC Ltd For The Year 2016-2017. Last Date : Feb 28, 2017

Empanelment of Internal auditors with SJVN Limited

February 7, 2017 3735 Views 0 comment Print

SJVN Limited invites expression of interest for appointment/empanelment of Chartered Accountant / Cost Accountant Firms for Internal Audit of the functions and activities of the company.

Draft Ind AS compliant Schedule III to Companies Act 2013 for NBFCs

February 7, 2017 3126 Views 0 comment Print

Following is the Exposure Draft of the Ind AS-compliant Schedule III to the Companies Act, 2013, for Non-Banking Financial Companies (NBFCs) issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments.

Need to raise Personal Income Tax-GDP ratio : Revenue Secretary

February 7, 2017 1218 Views 0 comment Print

Most challenging task for the government is to increase the share of personal income tax in GDP, which at present was abysmally low. He said that personal income tax has a share of a mere two per cent, which needs to be raised substantially.

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