Daily Archives: December 4, 2016

Steps for Migration of Bihar VAT dealers to GSTN portal

Steps for Migration of Bihar VAT dealers to GSTN portal Read GST Enrolment Plan State Wise : Announced by Indian Govt Related Post State /India GST Material    What is GST? How does it work?- Answer GST Enrolment Plan State Wise : Announced by Indian Govt List of Documents required for GST Migration (India) Steps to… Read More »

What is E-Sign ? How does it work to enroll for GST?

What is E-Sign ? How does it work to enroll for GST? E- sign stands for Electronic Signature. E-Sign is an online electronic signature service that allows an Aadhaar holder to digitally sign a document. If the taxpayer opts to electronically sign the Enrollment Application or any other document at the GST Common Portal using… Read More »

Steps for Migration of Nagaland VAT dealers to GSTN portal

Steps for Migration of Nagaland VAT dealers to GSTN portal Read GST Enrolment Plan State Wise : Announced by Indian Govt Related Post State /India GST Material    What is GST? How does it work?- Answer   GST Enrolment Plan State Wise : Announced by Indian Govt List of Documents required for GST Migration (India)  … Read More »

Goa to become first Cashless State in India w.e.f 31st dec 2016 : Goa Govt issued Notification

GOVERNMENT OF GOA Department of Finance Office of the Commissioner of Commercial Taxes Trade Circular – 1 of 2016-17 No. CCT/12-19/2015-16/4274 Sub.:- Appeal for encouraging cashless transactions. Goa is likely to become the first State in India to go for cashless transactions from December 31. Even though cash transactions are not being banned, it is… Read More »

How to do SBI Quick Fund Transfer without adding beneficiary

SBI Quick Fund Transfer without adding beneficiary It is safe, fast and easy to transfer funds without visiting your branch. No need to add beneficiary to your account. The maximum limit to transfer funds is Rs. 5000/-. Loan repayment, deposit, investment, donation, education fee payment etc can be done through Quick Transfer. Just visit OnlineSBI… Read More »

How to use State Bank Buddy Android app

Using the State Bank Buddy Android app State Bank Buddy is SBI’s mobile wallet service and can be used by anyone including users not having an SBI account. You can login to the Android app using the PIN created during registration. Watch this tutorial video to understand how to add funds to your wallet, receive… Read More »

New Rs 20 banknotes to be issued by RBI

Date : Dec 04, 2016 Issue of Rs 20 banknotes with the inset letter ‘L’, with numerals in ascending size in number panels and without intaglio printing The Reserve Bank of India will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels, bearing signature… Read More »

New Rs 50 bank Notes to be issued by RBI

Issuance of Rs 50 banknotes without inset letter, with numerals in ascending size in number panels, and without intaglio printing The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr. Urjit R Patel, Governor, Reserve Bank… Read More »

Online Duplicate mark sheet / Pass certificate for CA Students

Online Duplicate mark sheet /Pass certificate for CA Students An on-line facility for submission of requests for issue of duplicate mark sheets/pass certificates has been put in place at http://icaiexam.icai.org. Those who are desirous of applying for issue of duplicate mark sheets/pass certificates, can now apply for the same, on-line, at the above site and… Read More »

Guidance Note on Reports in Company Prospectuses (Revised 2016) issued by Auditing and Assurance Standards Board

Guidance Note on Reports in Company Prospectuses (Revised 2016) issued by the Auditing and Assurance Standards Board – (01-12-2016) Download Guidance Note on Reports in Company Prospectuses (Revised 2016) issued by the Auditing and Assurance Standards Board – (01-12-2016)

RuPay Debit Cards can be used for shopping

RuPay Debit Cards can be used for shopping National Payments Corporation of India Clarification November 21, 2016 NPCI clarifies that RuPay Debit Cards can be used for shopping as well There is a general perception that RuPay Debit cards can be used only at ATMs. In this regards, National Payments Corporation of India (NPCI) would… Read More »

Undisclosed Income :- PMGKY vs. Voluntary disclosure under Sec. 115BBE

Disclosure under PM Garib Kalyan Yojna vs. Voluntary disclosure under Sec. 115BBE Sr. No. Points of comparison Proposed PMGKY Scheme Proposed on-tap voluntary disclosure scheme u/s 115BBE of Income-tax Act, 1961 1. Duration of Scheme One-Time window – Limited duration. Last date to be notified On-tap scheme to be available with effect from AY 2017-18.… Read More »

Updated Guidance Note on FATCA and CRS issued by Govt

GUIDANCE NOTE ON FATCA and CRS Updated as on 30 th November 2016 Purpose of the Guidance Note This Guidance Note is for providing guidance to the Financial Institutions, Regulators and officers of the Income Tax Department for ensuring compliance with the reporting requirements provided in Rules 114F to 114H and Form 61B of the… Read More »

1.64 cr Undisclosed moneys found in Jan-Dhan Accounts : CBDT

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 02 December, 2016. PRESS RELEASE Sub : Income Tax Investigations Unearth Mis-use of Jan-Dhan Accounts Investigation being conducted by the Income Tax Department across India into the sudden surge in cash deposits in Jandhan accounts have revealed various inconsistencies.… Read More »

what is NUUP -National Unified USSD Platform

National Unified USSD Platform (NUUP) NUUP (National Unified USSD Platform) is a USSD based mobile banking service from National Payment Corporation of India that brings together all the Banks and Telecom Service Providers. In NUUP, a customer can access banking services by just pressing *99# from his/her mobile phones. This service works across all GSM… Read More »

How to use Immediate Payment Service (IMPS )

Immediate Payment Service (IMPS) What is IMPS? Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. It is also being extended through other channels such as ATM, Internet Banking, etc IMPS is an innovative real time payment service that is available round the clock. This service is offered by… Read More »

*99# Service – All you wanted to Know – Mobile Banking

FAQs on *99# Service Use *99# to avail all banking facilities using your phone at your convenience. What is *99#? *99# is a USSD (Unstructured Supplementary Service Data) based mobile banking service from NPCI that brings together diverse ecosystem partners such as Banks & TSPs (Telecom Service Providers). Using *99# service, a customer can access… Read More »