The Reserve Bank of India has been conducting survey on Computer Software and Information Technology Enabled Services Exports annually since 2002-03.The survey results are used for compilation of balance of payments (BoP) statistics. The 7th round of the Survey with 2012-13 as the reference period has been launched. The survey collects data on various aspects […]
An Agreement and Agreed Note Signed Between India and Latvia for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (DTAA) The Government of India today signed an Agreement and the Agreed Note for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect […]
Net Direct Tax Collections for 2013-14, up to 17th September 2013 Shows A Growth of 12.5% and Stood At Rs. 2,38,325 Crore as against Rs. 2,11,641 Crore in the Same Period Last Year Net direct tax collections for the current F.Y. 2013-14, up to 17th September 2013, stood at Rs. 2,38,325 crore as against Rs. […]
Updated version of ITRs (ITR3, ITR4 and ITR6) are available in the portal. Assessee may download and use the same. Editors Note – We Hope this is the last release and free of all errors and bugs.
The customs duty on articles of jewellery and on goldsmiths’ or silversmiths’ wares has, however, not been revised upwards in line with the changes in the duty rates on gold, silver and platinum. The duty on articles of jewellery and on goldsmiths’ or silversmiths’
The Institute of Company Secretaries of India Enters into a Tripartite Memorandum of Understanding with Assocham and the Govt. of West Bengal The Institute of Company Secretaries of India (ICSI), Department of Micro & Small Scale Enterprises and Textile, Government of West Bengal (MSSET) and Associated Chambers of Commerce and Industry (ASSOCHAM) have entered into […]
Date for Filing of Applications by Electoral Trusts Extended upto 30th November, 2013 The Central Board of Direct Taxes (CBDT) has permitted Electoral Trusts to file their applications upto 30th November, 2013 in respect of Assessment Year 2014-15 for approval under clause (22AAA) of Section 2 of the Income-tax Act, 1961 (read with Para 5(a) […]
As part of a massive exercise to identify high risk non-filers of Income Tax returns and ask them to file returns and pay taxes thereon, the Income Tax Department has sent letters to another batch of 35,000 non-filers this week.
Record Management System at CPC, Bengaluru Receives ISO 15489-1:2000 Certification; Becomes First Organization in India and the World to Receive Such Certification Centralized Processing Center (CPC), Bengaluru, the flagship project of Income Tax Department with M/s.Infosys Limited as the Managed Service Provider, was awarded “ISO 15489-1: 2001” certificate by British Standards Institution (BSI). With this, […]
The new Company law has the Potential to Unleash Huge Economic and Social Value – Sachin Pilot Highlighting the important features of the Companies Act, 2013, the Minister of Corporate Affairs has said that the Act is the result of intensive consultative process by his Ministry with industry, professionals, corporates and other stakeholders. Addressing a […]
