We are happy to inform that the Sixth Workshop under the series is being organised on the theme ‘Works Contract under the Service Tax & VAT and other issues of Double Taxation and Transition Issues with Way forward in GST’ on Friday, 18 September, 2015 from 10:00 am till 04:30 pm at PHD House, […]
Indirect Tax Revenue (Provisional) Collections during Month of August 2015 Increased by 36.7% as Compared with August 2014 while, Overall Indirect Tax Collections During April-August 2015 Increased to Rs. 2,63,089 Crore from Rs. 1,92,677 Crore during the same Period Last Year and thereby Registering an Increase of 36.5%.
Close on heals of the decision on spectrum sharing, the Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved a proposal of the Department of Telecommunications on guidelines for spectrum trading arising from the recommendations of the Telecom Regulatory Authority of India (TRAI).
Review of Foreign Direct Investment (FDI) Policy – to permit FDI, up to 100 percent, under the automatic route, in White Label ATM Operations The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to permit Foreign Direct Investment (FDI), up to 100 percent, under the automatic route, in the […]
No Extension of Date for Filing of Returns due by 30th September for Assessment Year 2015-16 for Certain Categories of Assessees Including Companies, and Firms and, Individuals Engaged in Proprietary Business/Profession etc whose Accounts are required to be Audited; Taxpayers are Advised to file their Returns Well in Time to Avoid Last Minute Rush
i. Sovereign Gold Bonds will be issued on payment of rupees and denominated in grams of gold. ii. Bonds will be issued on behalf of the Government of India by the RBI. Thus, the Bonds will have a sovereign guarantee. iii. The issuing agency will need to pay distribution costs and a sales commission to the intermediate channels, to be reimbursed by Government.
The objective of introducing the modifications in the schemes is to make the existing schemes more effective and to broaden the ambit of the existing schemes from merely mobilizing gold held by households and institutions in the country to putting this gold into productive use. The long-term objective which is sought through this arrangement is to reduce the country’s reliance on the import of gold to meet domestic demand.
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.7.2015 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.07.2015. This represents […]
The Central Bureau of Investigation has arrested a Superintendent of Customs posted at Bangalore International Airport, Bangalore (Karnataka) while demanding & accepting a bribe of Rs. 2.5 lakhs from the complainant. A case was registered U/s 7 and Sec. 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988 on the complaint that the Superintendent […]
CL & G Dated- September 08, 2015 Subject: Companies (Accounts) Second Amendment Rules, 2015; Notification regarding sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013) Notification regarding sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013) Dear Professional Colleagues, The Ministry of Corporate Affairs vide its notification […]
