Daily Archives: March 28, 2017

GST Bills in present form not acceptable: Cong

By | March 28, 2017

New Delhi, Mar 28 (PTI) The GST Bills in their present form were “not acceptable” to the Congress, but the party sought to tread cautiously to avoid being seen as against the tax reform measure. At a key strategy meeting of Congress MPs in the Lok Sabha chaired by party vice president Rahul Gandhi, it… Read More »

Category: GST

Lawpoint’s CS Solutions Company Accounts and Auditing Practices -2017 Edition Book -CS Executive Module 2 Paper 5

By | March 28, 2017

Lawpoint’s CS Solutions Company Accounts and Auditing Practices Paperback – 2017 by Nishan Swaika & Roshan Lodha (Author) Lawpoint’s CS Solutions is a compilation of questions asked in the previous examinations of ICSI covering last 25 examination questions. Lawpoint’s CS Solutions has the following unparalleled features:(1)The Questions of previous years is divided into several chapters relating to… Read More »

USA- IRS- Advance Pricing and Mutual Agreement (APMA) program report

By | March 28, 2017

Issue Number:    A-2017-03 Announcement 2017-03, the Advance Pricing and Mutual Agreement (APMA) program report.  § 521(b) of Pub. L. 106-170, the Ticket to Work and Work Incentives Improvement Act of 1999  requires the Secretary of the Treasury to report annually to the public concerning advance pricing agreements (APAs) and the Advance Pricing and Mutual Agreement Program… Read More »

USA IRS Relief from excise taxes under section 4975 -A-2017-04

By | March 28, 2017

Announcement 2017-04 provides relief from the excise taxes under section 4975 of the Internal Revenue Code to certain individuals engaged in what are called “prohibited transactions.”  The relief parallels similar relief provided by the Department of Labor to these individuals in a recently released Field Assistance Bulletin. Announcement 2017-04 will be in IRB 2017-16, dated… Read More »

Category: USA

USA IRS- Are Tips Taxable? IRS Offers ‘Tips’ on Tips

By | March 28, 2017

Are Tips Taxable? IRS Offers ‘Tips’ on Tips Generally, income received in the form of tips is taxable. The IRS provides some information that helps taxpayers report tip income correctly: Interactive Tax Assistant Tool. The ITA tool is a tax-law resource that asks taxpayers a series of questions and provides a response based on the… Read More »

Draft National Policy for Domestic workers in India -Key Features

By | March 28, 2017

Draft National Policy for Domestic workers under consideration A draft National Policy for Domestic workers is under consideration of the Government. The salient features of the Policy are as under: Inclusion of Domestic Workers  in the existing legislations Domestic workers will have the right to register as workers with the State Labour Department. Such registration… Read More »