Daily Archives: September 20, 2016

Book on Insolvency and Bankruptcy Code (Sept 2016 Edition)

By | September 20, 2016

Guide to Insolvency and Bankruptcy Code 2016 (September 2016 Edition) Paperback – 2016 BUY Guide to Insolvency and Bankruptcy Code 2016 (September 2016 Edition) Paperback – 2016 Product details Paperback: 296 pages Publisher: Taxmann Publications Pvt. Ltd.; 2016 Edition edition (2016) Language: English ISBN-10: 9386189518 ISBN-13: 978-9386189516

RBI Master Direction on ECB, Trade Credits, Borrowing and Lending in Foreign Currency

By | September 20, 2016

Master Direction – External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised Dealers (Updated as on September 19, 2016) RBI/FED/2015-16/15 FED Master Direction No.5/2015-16 January 1, 2016 (Updated as on September 19, 2016) (Updated as on June 30, 2016) (Updated as on May 11, 2016)… Read More »

Category: RBI

RBI Master Direction on Reporting under FEMA 1999

By | September 20, 2016

Master Direction – Reporting under Foreign Exchange Management Act, 1999 (Updated as on September 19, 2016) RBI/FED/2015-16/13 FED Master Direction No.18/2015-16 January 1, 2016 (Updated as on September 19, 2016) (Updated as on July 07, 2016*) (Updated as on June 13, 2016*) (Updated as on May 24, 2016*) (Updated as on May 18, 2016*) (Updated… Read More »

Earthquake Hazard Zoning Maps Released by Govt

By | September 20, 2016

User friendly Earthquake Hazard Zoning Maps with Tehsil level details released Shri Venkaiah Naidu asks NDMA and BMPTC to take digital maps to public  To enable earthquake resistant construction, the National Disaster Management Authority (NDMA) and Building Materials Technology Promotion Council (BMPTC) have come out with ‘easy to use’ Earthquake Hazard Zoning Maps at the… Read More »

Penalty for failure to redress investors grievance

By | September 20, 2016

Held In the present case, investor grievances noticed by the appellant in the show cause notice dated March 26, 2014 were redressed by the appellant belatedly on September 26, 2014. Similarly, six investor grievances noticed by the appellant on obtaining SCORES authentication on September 26/29, 2014 were redressed by the appellant belatedly on November 20,… Read More »

Airlines urge government to cap GST rate at 15%

By | September 20, 2016

Airlines have asked the government to set the goods and services tax (GST) at 15% and retain existing tax exemptions to avoid fare hikes. GST, which aims to economically unify the country, will subsume most of the indirect taxes levied by the centre and the states including excise duty, service tax, value-added tax, entertainment tax… Read More »

Category: GST

GST Council to decide on cess treatment

By | September 20, 2016

Cess, including the Krishi Kalyan Cess and the Swachh Bharat Cess, might not be subsumed under the goods and services tax (GST). The proposed indirect tax regime would subsume several taxes such as central excise duty, services tax, additional customs duty and state- level value added tax. But, finance ministry officials said, the Constitution amendment… Read More »

Category: GST

Jaitley sets up war room to monitor GST implementation

By | September 20, 2016

A high-level meeting chaired by finance minister Arun Jaitley last week decided to set up a ‘war room’ in the finance ministry comprising of top officials of the Revenue department and the Central Board of Excise and Customs for day-to-day monitoring of the implementation of the Goods and Services Tax. The FM’s meeting, attended by… Read More »

Category: GST

CBDT revised Form 64A – statement of income distributed by business trust

By | September 20, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 16th September, 2016 INCOME-TAX S.O. 2979(E).—In exercise of the powers conferred by section 295 read with sub-section (4) of section 115UA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules… Read More »

Book on MAT & Alternate Minimum Tax AMT -2016

By | September 20, 2016

Guide to Minimum Alternate Tax MAT & Alternate Minimum Tax AMT as Amended by Finance Act 2016 (English)  (Paperback, CA Srinivasan Anand G) BUY Features of Guide to Minimum Alternate Tax MAT & Alternate Minimum Tax AMT as Amended by Finance Act 2016 Language: English Binding: Paperback Publisher: Taxmann Publications (P.) Ltd. Genre: Business, Investing and Management… Read More »

Service Tax Law & Practice Book- 2016

By | September 20, 2016

Service Tax Law & Practice, 14th Edition 2016 (English)  (Paperback, Rohini Aggarwal) BUY Service Tax Law & Practice, 14th Edition 2016 (English)  (Paperback, Rohini Aggarwal) A comprehensive Referencer for Service Tax Law and Practice in India – contains complete law updated with the changes made by the Finance Act, 2016 including Notifications on KKC issued upto 30th… Read More »

ICSI-FAQ on Modified Switchover Scheme for Professional Programme 2007 (Old) Syllabus to Professional Programme 2012(New)

By | September 20, 2016

Professional Programme 2012(New) Source ; Institute of Company Secretaries of India FAQ on  the Modified Switchover Scheme for Professional Programme 2007 (Old) Syllabus to Professional Programme 2012(New) Syllabus as announced by the Institute on 17.09.2016 Question 1   Please clarify   which   students are   covered under the modified switchover Scheme announced by the Institute on 17.09.2016? Ans.… Read More »

Delay in completion of inquiry proceedings under Rule 14 of CCS (CCA) Rules, 196

By | September 20, 2016

DIRECTORATE GENERAL OF INCOME TAX (VIGILANCE) First Floor. Dayal Singh Public Library Building, 1, Deen Dayal Upadhyay Marg, New Delhi – 110 002 F.No. DGIT(Vig.)IHQ/Ann. Sect. Review/2016-17/2734 Dated: 19.09.2016 To All Inquiry Officers (Appointed under Rule 14(2) of CCS (CCA) Rules, 1965), Sir/Madam, Sub: Delay in completion of inquiry proceedings under Rule 14 of CCS (CCA)… Read More »

India Infradebt Limited notified infrastructure debt fund u/s 10(47) of IT Act

By | September 20, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 16th September, 2016 S.O. 2972(E).—In exercise of the powers conferred by clause (47) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies M/s. India Infradebt Limited as an infrastructure debt fund for the… Read More »

Display Board to contact CBI in case of any demand for bribe by Income Tax officials

By | September 20, 2016

File No. A-27023/21/2016-Ad.VI (A) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated:  19th September, 2016 OFFICE   MEMORANDUM Subject: Installation of Display Board asking people to contact CBI in case of any demand for bribe- reg. The undersigned is directed to circulate a d.o. letter dated dated 05.09.2016 from the… Read More »