Daily Archives: June 29, 2016

key indicators of Domestic Tourism in India

Press note on key indicators of Domestic Tourism in India NSS 72nd Round (July, 2014 –June, 2015) The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has released the report titled “Key Indicators of Domestic Tourism in India” based on the related information collected during July, 2014 to June, 2015 as a… Read More »

Tax payers Survey by CBEC – Results

Tax payers Survey got conducted by Central Board of Excise & Customs (CBEC) for garnering a feedback on impact that reforms undertaken during the last two years; Responses showed that 45% of the respondents saw an attitudinal change in senior functionaries (Commissioner level and above); and 51% acknowledged an improvement at the ground level, at… Read More »

Consolidation of subsidiary which is LLP or a partnership firm?

Whether holding company is required to consolidate its subsidiary which is LLP (Limited Liability Partnership) or a partnership firm? Will the answer differ if LLP is an associate or Joint Venture (JV) of the holding company? Response In accordance with rule 6 of Companies (Accounts) Rules, 2014, consolidation should be done in accordance with Schedule… Read More »