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Electoral Bond Sale at Authorised SBI Branches from 1st March 2018

March 28, 2018 1392 Views 0 comment Print

Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd January 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person, who is a citizen of India or incorporated or established in India.

Pay Your Advance Tax for F.Y. 2017-18 if not already paid by 31st March, 2018

March 28, 2018 16761 Views 0 comment Print

Pay Your Advance Tax for F.Y. 2017-18 if not already paid by 31st March, 2018 with interest and avoid payment of excess interest on Self Assessment later on

Custom Department Appraiser and Wife Convicted in DA Case

March 28, 2018 1350 Views 0 comment Print

The Special Judge, CBI cases, Chennai has sentenced Shri D.Ramani, then Appraiser, Air Customs Department, Chennai to undergo two years Rigorous Imprisonment in a disproportionate assets case. His wife Smt. R. Vijayalakshmi and other person Sh. Adikesavulu were sentenced to undergo one year RI. A total fine of Rs. 2 lakh was imposed on them.

Submission of original document for College Admission not required

March 28, 2018 2709 Views 0 comment Print

As per the notification, no Higher Educational Institution (HEI) shall insist upon a student to submit original academic and personal certificates and testimonials like mark-sheets, school leaving certificates and other such documents at the time of submitting admission form

Operation of MNC Firms: Post SC Judgment ICAI forms group

March 28, 2018 1854 Views 1 comment Print

Constitution of a Group to examine the issues arising out of the Judgement dated 23.02.2018 of the Hon’ble Supreme Court in the matter of operation of Multinational Accounting Firms in India

CBEC simplifies Anti-Profiteering Application Form (APAF – 1)

March 28, 2018 17337 Views 0 comment Print

The interest of consumers under GST is protected by Anti Profiteering Authority. Affected consumers can file their grievance before Standing Committee/State level Screening Committee in terms of Rule 128 of CGST Rules, 2017 using Anti Profiteering Application Form (APAF-1) which has been simplified and made more convenient to use. Download Anti-Profiteering Application Form (APAF – […]

GST revenue collections for Feb 2018; 1.05 crore taxpayers registered

March 27, 2018 1374 Views 0 comment Print

GST revenue collections for February 2018 (received in February/March upto 26th March) stand at Rs. 85,174 crore; Rs. 14,945 crore collected as CGST, Rs. 20,456 crore collected as SGST; Rs. 42,456 crores collected as IGST and Rs. 7,317 crores collected as Compensation Cess. Total Revenue Collection under GST: The last date for filing of GSTR […]

IBBI (Insolvency Professionals) (Amendment) Regulations, 2018

March 27, 2018 7323 Views 0 comment Print

According to the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2018 a. Subject to meeting other requirements, an individual shall be eligible for registration as an insolvency professional if he has passed the Limited Insolvency Examination within the last 12 months and has completed a pre- registration educational course from an insolvency professional agency, as may be required by the Board.

Govt clarifies on requirement of furnishing Country-by Country Report

March 27, 2018 1860 Views 0 comment Print

The Government of India issues clarification regarding requirement for furnishing of Country-by Country Report under Section 286(4) of Income Tax Act, 1961.

ICAI Group in connection with formation of Rules of NFRA

March 27, 2018 1224 Views 0 comment Print

ICAI forms Group to interact with Government on day to day basis in connection with formation of Rules of National Financial Reporting Authority

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