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PM Letter to Senior Citizens on Budget 2015

May 1, 2015 2241 Views 0 comment Print

Many of you belong to that privileged generation which has had the honour of contributing to both India’s independence, as well as its consequent nation building. We are what we are today because of you. And for this, we are all deeply proud and eternally indebted to you.

Excise Assessee to update PAN, email-id & mobile no. by 31/05/2015

May 1, 2015 2524 Views 0 comment Print

All Central Excise registrants, except Government Departments, not having PAN based registration number shall file an amendment and obtain a PAN based registration on or before 31/05/2015. (refer notification no.7/2015 CE(NT) dated 1/3/2015 ).

File Service Tax registration amendment before 31/05/2015

May 1, 2015 4154 Views 0 comment Print

All Service Tax registrants, except Government Departments, not having PAN based registration number shall file an amendment and obtain a PAN based registration on or before 31/05/2015. (refer Order no.1/2015-Service Tax dated 28/02/2015). E-mail and mobile number mandatory: The applicant shall quote the email address and mobile number in the requisite column of the application […]

'Extremely simplified' tax form soon, says FM

May 1, 2015 1520 Views 0 comment Print

An extremely simplified income tax return form  (ITR) will soon replace the controversial 14-page ITR 1 that sought information like all bank accounts and foreign trip details, Finance Minister Arun Jaitley announced in the Lok Sabha on Thursday.

e-form INC-29 single form for DIN Application, Company Incorporation and Name of a Company

May 1, 2015 15460 Views 0 comment Print

 The Ministry of Corporate Affairs has introduced a new integrated e-form INC-29 w.e.t 1st May. 2015. INC-29 will provide applicants a facility to avail of the following services through a single e-form: (i) Allotment of Director Identification Number; (ii) Name of a company; and (iii) Incorporation of a company.

Lok Sabha approves Finance bill 2015 with amendments

April 30, 2015 10047 Views 0 comment Print

Finance Mister Arun Jaitely has Presented on Thursday 30.04.2015 in Lok Sabha the Finance Bill 2015 for Approval and same been approved by Lok Sabha.

Non-applicability of Wealth-tax for November, 2015 CA Final Examination

April 30, 2015 3616 Views 0 comment Print

The Finance Bill, 2015, introduced in the Parliament on 28th February, 2015, has proposed to abolish the levy of wealth-tax under the Wealth-tax Act, 1957 with effect from assessment year 2016-17. The Finance Bill, 2015 would be enacted in May 2015, after it is passed by both the Houses of the Parliament and receives the assent of the President of India.

ICAI President's Message – May 2015

April 30, 2015 558 Views 0 comment Print

Guidance under the Companies Act, 2013- The Council in its 342nd meeting held on 15th-16th April 2015 has finalised and issued the following important Guidance Notes/ Clarifications: i. Guidance Note on Reporting under Section 143(3)(f) and (h) of the Companies Act, 2013

IASB votes to defer the effective date of the new revenue Standard

April 30, 2015 591 Views 0 comment Print

28 April 2015 The International Accounting Standards Board (IASB) today voted to publish an Exposure Draft proposing a one-year deferral of the effective date of the revenue Standard to 1 January 2018. The new revenue Standard (IFRS 15 Revenue from Contracts with Customers) was issued jointly by the IASB and the US Financial Accounting Standards […]

PM to Launch Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana

April 30, 2015 2026 Views 0 comment Print

Prime Minister to Launch Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) AND The Atal Pension Yojana (APY) on 9th May 2015 at Kolkata The Prime Minister Shri Narendra Modi will launch three ambitious Social Security Schemes pertaining to the insurance and pension sector on 9th May 2015 at Kolkata. […]

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