These ITR utilities are developed using the latest JAVA technology and effort has been made to make it user friendly, simpler and faster preparation/submission of tax returns. It is recommended to stay connected to internet to experience the refreshingly new utility. Please check for new updates before starting to enter the data.
India and the Republic of Fiji Sign Double Taxation Avoidance Agreement (DTAA) for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income The Government of the Republic of India signed a Double Taxation Avoidance Agreement (DTAA) with the Government of Republic of Fiji for the avoidance of […]
Government Decides to Keep in Abeyance the Decision to Change the Procedure for Pan Allotment Till Further Orders The Central Board of Direct Taxes (CBDT) has decided to keep in abeyance the decision to change the procedure for PAN allotment till further orders. Accordingly, the operation of Circular No. 11 dated 16.01.2014 issued to PAN […]
As the members may be aware, the Government has set up a Tax Administration Reform Commission with a view to review the application of Tax Policies and Tax Laws in India in the context of global best practices. The Commission works as an advisory body to the Ministry of Finance and recommends measures for reforms […]
IBA may issue instructions at the earliest to banks to discontinue levy of pre-payment penalty on all floating rate loans and ensure that fixed rate loans are truly fixed and are not referenced to any floating rate benchmark. Banks may discontinue the practice of levying penalty for non-maintenance of minimum balance in ordinary savings bank accounts and instead consider converting such accounts to Basic Savings Bank Deposit accounts. IBA/RBI may issue the necessary operational instructions to banks in this regard.
I am fully aware of the fact that this is my last formal communication from this high office of accountancy profession in India. All of us have dreams. And I too had started my journey as President of this great institution with a dream. I believe, we may be able to exist, but we will cease to live in the absence of our dreams. I have tried to keep them alive through my actions and measures.
Dear All, Our blog/Website www.taxguru.in is one of the shortlisted blog for the BlogAdda Blog Awards! We want the TAXGURU community to like, tweet, comment in favour of your favourite blog www.taxguru.in Please ‘Like & Tweet’ to encourage and increase our blog’s chance of winning! The public voting line for the Awards have been opened […]
The Reserve Bank of India today released on its website the Framework for Revitalising Distressed Assets in the Economy. The Framework outlines a corrective action plan that will incentivise early identification of problem cases, timely restructuring of accounts which are considered to be viable, and taking prompt steps by banks for recovery or sale of […]
As you are kindly aware, Ethical Standards Board of ICAI is constantly engaged in formulation of ethical standards for the members. But equally so, it has always endeared to reach out to members with new methods and strategies to ensure not only that members are well aware about the latest updates on ethics, but also […]
While registering DSC, some of the users might be facing “System has encountered a Technical Error”. This is due to a technical issue and will be resolved soon. Source- https://www.tdscpc.gov.in/
