With policy reforms and Goods and Services tax (GST) becoming a reality very soon, India has bounced back and has ranked 2nd on the optimism index during the third quarter (July-September 2016) in the latest Grant Thornton International Business Report survey.
Exposure Draft of changes proposed in Ind AS 7, Statement of Cash Flows, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments.
Sharp anomalies in taxation rates and structure across different industries such as telecom, tobacco, textiles, food processing and tourism, should be addressed to as the country moves in a transition period for implementing the Goods and Services Tax
The total number of Mandrax Tablets estimated to be about 2 crore in numbers with a weight of about 23.5 metric tonnes. International market value of seized tablets is estimated to be over Rs. 3000 crores.
Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date.
Shri Sushil Chandra, IRS (1980 Batch), today took over as the Chairman, Central Board of Direct Taxes (CBDT).He succeeds Ms Rani A Nair who superannuated yesterday.
EOI for Appointment of Audit firms for conducting Internal Audit of NBCFDC for the Financial Year 2016-17. Last date of Submission- 14.11.2016.
Government has recently decided to carry out three kinds of changes in the Union Budget-to advance its presentation by 27 days, to do away with a separate railway budget and to dispense with the Plan and Non-Plan dichotomy in expenditure.
12 International law firms have been shortlisted to represent Government of India in arbitrations/disputes under Bilateral Investment Treaties and/or investment chapters of Free Trade Agreement/Comprehensive Economic Partnership Agreements/Comprehensive Economic Cooperation Agreements
We at Taxguru Wishes all our Readers, Staff, Panel Authors, Freelancers, Technical Support Team, Sales team, Editorial Team and Their Family a Very Happy Diwali and Prosperous New Year and wish that New Year shall bring more peace and renewed energy and fulfill your cherished dreams. Regards, Team Taxguru
