Daily Archives: April 1, 2017

2. Definitions. -CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Definitions. 2. In this Act, unless the context otherwise requires,–– (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882; (2) “address… Read More »

CGST Billl 2017- Chapter Wise and Section Wise

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 —————— ARRANGEMENT OF CLAUSES CHAPTER I PRELIMINARY CLAUSES 1. Short title, extent and commencement. 2. Definitions. CHAPTER II ADMINISTRATION 3. Officers under this Act. 4. Appointment of officers. 5. Powers of officers. 6. Authorisation… Read More »

JIO PRIME Membership Date Extended to 15th April 2017

JIO WELCOMES OVER 72 MILLION JIO PRIME MEMBERS, AND COUNTING! JIO ANNOUNCES JIO SUMMER SURPRISE FOR JIO PRIME MEMBERS — WITH FIRST RECHARGE OF Rs 303 AND ABOVE, 3 MONTHS OF COMPLIMENTARY SERVICE EXTENDS TIMELINE UPTO 15TH APRIL FOR FIRST RECHARGE FASTEST CONVERSION FROM FREE TO PAID SERVICES Mumbai, March 31, 2017: Reliance Jio Infocomm… Read More »

Extension of time for CEP Credit Hours for renewal of COP by ICAI

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (STATUTORY BODY UNDER AN ACT OF PARLIAMENT) CMA BHAWAN 12, SUDDER STREET, KOLKATA – 700 016. Telephones : +91-33-2252-1031/1 034/1035, +91-33-2252-1602/1492/1619, +91-33-2252-2204/7173/7373 Fax :91 -33-22527993, 91-33-22521026, 91-33-22521723 Website : www.icmai.in Ref. No.: CMA (3)/2017  Dated: March 31, 2017 NOTICE Extension of time for CEP Credit Hours for renewal… Read More »

ICSI Revised Annual Membership fee , COP Fees w.e.f 01.04.2017

Institute of Company Secretaries of India(ICSI) Revision in the Annual Membership fee, Entrance Fee and Certificate of Practice fee for Associate and Fellow Members w.e.f. 1st April, 2017 The Council of the Institute has decided revision in Annual Membership fee, Entrance fee and Certificate of Practice fee for Associate and Fellow Members w.e.f. 1st April, 2017,… Read More »

Utilities for e-filing Service Tax Returns (ST-3 & ST3C) -October 16 to March 17 available

Utilities for e-filing Service Tax Returns (ST-3 & ST3C) for the period October, 2016-March, 2017 are now available in both offline and online version. The last date of filing the ST-3/ST3C return for the said period is 25th April, 2017. To avoid congestion and inconvenience in the last minute, all assesses are requested to file… Read More »

PMGKY declarations can be filed till April 10, 2017 if tax deposited till March 31, 2017: CBDT

PMGKY declarations can be filed till April 10, 2017 if tax deposited till March 31, 2017: CBDT Circular No. 12 of 2017 F.No.370142/33/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 31st of March, 2017 Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib… Read More »

Corporate Tax Planning and Management-2017 Edition Book – Girish Ahuja and Dr. Ravi Gupta

Simplified Approach to Corporate Tax Planning and Management Paperback– 2017 by CCH – A Wolters Kluwer Business (Author) This book is useful for students of C.S. (Final)/C.F.A./M.F.C./M.B.A./M.Com. and Other Specialised Studies. Tax consultants and officials of the income-tax department will find the book useful. It will also meet the requirements of persons who crave to reduce… Read More »

Practical Guide to Limited Liability Partnership-LLP-2017 Edition Book- PL. Subramanian -Snow White’s

Snow White’s Practical Guide to Limited Liability Partnership – Law, Practice & Procedures [LLP] by PL. Subramanian Snow White’s Practical Guide to Limited Liability Partnership – Law, Practice & Procedures [LLP]Paperback – 2017 by PL Subramanian (Author) Explains Whole Gamut of Limited Liability Partnership including Taxation Aspects in Simple language. Topic-wise Discussion Section-wise Brief Commentary Contains… Read More »

Practical Guide to Capital Gains Tax, SST & Gift Tax -2017 Edition Book-PL Subramanian

A Practical Guide to Capital Gains Tax, Securities Transaction Tax & Gift Tax Paperback – 2017 by PL Subramanian (Author) AS AMENDED BY THE FINANCE ACT, 2017 Explains whole gamut of Capital Gains Tax in Simple Language. Price Rs 1187 Click to buy Online Publisher: Snowwhite; 14 edition (2017) Related Books of Income Tax Subjects Books… Read More »

Charitable and Religious Trusts & Institutions-2017 Edition Book-S. Rajaratnam -Snow White’s

Snow White’s Charitable and Religious Trusts & Institutions Paperback – 2017 by S. Rajaratnam (Author) A Digest on Formation Administration and Tax Management.. AS ANENDED BY THE FINANCE ACT, 2017 A DIGEST ON FORMATION, ADMINISTRATION & TAX MANAGEMENT Price Rs 572. Click to buy online Publisher: Snow White Publication; 14 edition (2017) Related Books of Income… Read More »

Demonetisation and After- Book 2017 -S. Rajaratnam-Company Law Institute’s

Company Law Institute’s Demonetisation and After by S. RajaratnamPaperback – 2017 by S. Rajaratnam (Author) Demonetisation Ordinance, 2016 has wide implications as to the incidence of tax on the demonetised currency, which is deposited or encashed. The Government has come out with instructions and Clarifications besides a limited amnety, Pradhan antri Garib Kalyan Yojana, 2016. The… Read More »

Practical Guide to Appeals and Petitions Under Income Tax Act -2017 Edition Book-Dr. A L Saini

Practical Guide to Appeals and Petitions Under Income Tax Act Paperback – 2017 by Dr. A L Saini (Author) AS AMENDED BY THE FINANCE ACT, 2017 Price Rs 854. Click to buy Online Publisher: Snowwhite (2017) Related Books on Income Tax Subjects Books Transfer Pricing Information Exchange and Tax Transparency – Book on Global Tax Evasion… Read More »

GST Council – 13th Meeting – Outcomes

GST Council – 13th Meeting held on 31.03.2017 The prospects of rollout of the Goods and Services Tax (GST) from July 1, 2017 has been brightened further, when the all-powerful GST Council chaired by the Hon’ble Finance Minister, Mr. Arun Jaitley met for the thirteenth time in a row to clear all gathered clouds over… Read More »

RBI to up a separate Enforcement Department w.e.f 03.04.2017

Reserve Bank of India (RBI) to up a separate Enforcement Department; proposed to be opened on April 3, 2017 Reserve Bank of India (RBI) is setting up a separate Enforcement Department. The Enforcement Department (EFD) is proposed to be opened on April 3, 2017, to separate those who oversee the possible rule breaches and those… Read More »

Category: RBI

Government approves Rs. 2,256 crore outlay for IT network for GST

Government approves Rs. 2,256 crore outlay for Project Saksham to bolster the information technology network for the new GST regime The Government has approved Rs. 2,256 crore outlay for Project Saksham to bolster the information technology network for the new GST regime. Project Saksham is the name given to CBEC’s IT Infrastructure Project. This IT… Read More »

Category: GST

Monthly Average Exchange rate of Indian rupee FY 2016-17

Exchange rate of the Indian rupee The exchange rate of the Indian rupee has generally witnessed an appreciation trend against the US dollar in the recent period, notwithstanding intermittent bouts of volatility witnessed especially during November-December 2016 on the back of the US presidential election results and Fed rate hike (Table below): Monthly Average Rs/$… Read More »

Corporate Voluntary Liquidation Process Regulations Notified by Insolvency and Bankruptcy Board of India

Insolvency and Bankruptcy Board of India notifies Corporate Voluntary Liquidation Process Regulations The regulations shall come into effect from 1st April, 2017 The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by sections 59, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code, 2016, has notified… Read More »

Information Utilities Regulations notified by Insolvency and Bankruptcy Board of India

Insolvency and Bankruptcy Board of India notifies Information Utilities Regulations The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by Sections 196, 209, 210, 211, 212, 213, 214, 215, 216 read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (Code), has notified here today the Insolvency and Bankruptcy… Read More »

Govt allows unrestricted export of all certified organic agricultural products

Cabinet allows unrestricted export of all certified organic agricultural products The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for removal of all quantitative ceilings on individual organic products and allowed unrestricted exports of all organic agricultural and organic processed products irrespective of any existing or… Read More »

Amendments in Mega Power Policy 2009 for Provisional Mega Power projects Approved by Govt

Cabinet approves amendments in Mega Power Policy 2009 for Provisional Mega Power projects The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved the time period for the provisional Mega projects (25 projects), for furnishing the final Mega certificates to the Tax authorities be extended to 120 months instead… Read More »

Cabinet approves Worst Forms of Child Labour Convention 1999

Cabinet approves ratification of the Minimum Age Convention, 1973 (No. 138) and Worst Forms of Child Labour Convention, 1999 (No. 182) of the International Labour Organization (ILO) The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for ratification of the two fundamental conventions of the International Labour Organization namely,… Read More »

Cabinet approves amendments to The Companies (Amendment) Bill 2016

Cabinet approves moving of official amendments to The Companies (Amendment) Bill, 2016 To be Tabled in Parliament The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to move official amendments to the Companies (Amendment) Bill, 2016. The Bill will be introduced in the Parliament.