Daily Archives: April 6, 2017

Change in Bank Rate by RBI w.e.f 06.04.2017

RBI/2016-17/270 DBR.No.Ret.BC.58/12.01.001/2016-17 April 06, 2017 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.19/12.01.001/2016-17 dated October 04, 2016 on the captioned subject. 2. As announced in the First Bi-Monthly Monetary Policy Statement 2017-18 dated April 06, 2017, the Bank… Read More »

Category: RBI

Interest rates for Small Savings Schemes for Q1 FY 2017-18

RBI/2016-17/267 DGBA.GAD.2618/15.02.005/2016-17 April 6, 2017 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014, Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004 Dear Sir Interest rates for Small Savings Schemes Please refer to our circular DGBA.GAD.2012/15.02.005/2016-17 dated February 9, 2017 on the above subject. The Government of India, had vide their… Read More »

Category: RBI

47 Levy of late fee. -CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Levy of late fee.   (1) Any registered person who fails to furnish the details of outward or inward supplies required under section 37 or section 38 or returns required under section 39 or section… Read More »

45 Final return. -CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Final return.  Every registered person who is required to furnish a return under sub-section (1) of section 39 and whose registration has been cancelled shall furnish a final return within three months of the… Read More »

44 Annual return.-CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Annual return.   (1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an… Read More »

40 First return. -CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017   First return.  Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration has been granted shall… Read More »

35 Accounts and other records.-CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 CHAPTER VIII ACCOUNTS AND RECORDS Accounts and other records. (1) Every registered person shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration, a true and correct… Read More »

31 Tax invoice.-CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 CHAPTER VII TAX INVOICE, CREDIT AND DEBIT NOTES Tax invoice.  (1) A registered person supplying taxable goods shall, before or at the time of,— (a) removal of goods for supply to the recipient, where… Read More »

26 Deemed registration.-CGST Billl 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Deemed registration. 26. (1) The grant of registration or the Unique Identity Number under the State Goods and Services Tax Act or the Union Territory Goods and Services Tax Act shall be deemed to… Read More »

Exchange Rate of Foreign Currency w.e.f 07.04.2017

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified   In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.22/2017-CUSTOMS (N.T.), dated 16th March, 2017, except as respects things done… Read More »

Bharat’s Direct Taxes Ready Reckoner-5th Edition 2017 Book- BHARAT

Bharat’s Direct Taxes Ready Reckoner Paperback – 2017 by BHARAT (Author)  Price Rs 896 . Click to buy Online Related Books of Income Tax Subjects Books Transfer Pricing Information Exchange and Tax Transparency – Book on Global Tax Evasion and Avoidance by Commissioner of Income Tax (Transfer Pricing-I)     Direct Taxes Ready Reckoner Income… Read More »

Nitin Vaid’s Tax Deduction at Source Simplified – Amended by Finance Act 2017-Book

Nitin Vaid’s Tax Deduction at Source Simplified – As amended by the Finance Act, 2017 Paperback – 1 Apr 2017 by Nitin Vaid (Author), Anuj Mahajan (Editor)  Salient Features: • A unique book that contain commentary in FAQ form as updated by the Finance Act,2017 • Referencer’s are provided in the beginning for daily reference… Read More »

Guide to Section 14A Disallowance -2017 Edition Book-Taxmann

Guide to Section 14A Disallowance (2017 Edition) Price Rs 175. Click to buy Online Paperback: 104 pages Publisher: Taxmann Publications Pvt. Ltd.; Taxmann edition (2017) View Contents of this Book Related Books of Income Tax   Subjects Books Transfer Pricing Information Exchange and Tax Transparency – Book on Global Tax Evasion and Avoidance by Commissioner… Read More »

CBDT extends due date of furnishing of PAN to Banks till June 30, 2017

CBDT extends due date of furnishing of PAN to Banks till June 30, 2017 by Following Notification[  Read Also –Give PAN to Bank before 28.02.2017 , if not given till date : Govt Notification ] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th April, 2017 G.S.R. 331(E).—In exercise… Read More »

TDS How to Meet Your Obligations (23rd Edition F.Y 2017-18) – Finance Act 2017- Taxmann

TDS How to Meet Your Obligations (23rd Edition F.Y 2017-18-As Amended by Finance Act 2017) Paperback – 2017 by Taxmann (Author) Price Rs 875. Click to buy Online Paperback: 902 pages Publisher: Taxmann Publications Pvt. Ltd.; 23rd Edition edition (2017) View Contents of this Book : TDS How to Meet Your Obligations (23rd Edition F.Y 2017-18- Related… Read More »

Guide to GST Bill 2017 (India) – Book 2017 Edition – Taxmann – As passed by Lok Sabha

Guide to Central Goods and Services Tax Bill 2017 & Integrated Goods and Services Tax Bill 2017 ( As passed by Lok Sabha on 29.03.2017) (2017 Edition) Paperback – 2017  Also Incorporating : Union Territory Goods and Services Tax Bill 2017, Goods and Services Tax (Compensation to States) Bill 2017 Price Rs 424. Click to… Read More »

Income Tax Mini Ready Reckoner AY 2017-18 & 2018-19 -Monica Singhania -Taxmann

Income Tax Mini Ready Reckoner (A.Y 2017-18 & 2018-19) Paperback – 2017 by Dr. Monica Singhania (Author) Concise & Tabular Presentation of Income-Tax Law: Salary & Deductions Planning , Tax Tables, TDS/TCS, Advance Tax, Tax Planning Description Salary & Deductions Planning TDS/TCS Tax Tables Advance Tax Tax Planning Price Rs 695. Click to buy Online Paperback:… Read More »

Revised Form No. 10DA for claiming deduction under section 80JJAA- Notified by CBDT

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 26/2017 New Delhi, the 3rd April, 2017 INCOME-TAX G.S.R. 325(E). — In exercise of the powers conferred by clause (c) of sub-section (2) of section 80JJAA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of… Read More »

Who is required to quote Aadhaar number for PAN Applications & Filing Return of Income

Mandatory Quoting of Aadhaar for PAN Applications & Filing Return of Income Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides for mandatory quoting of Aadhaar / Enrolment ID of Aadhaar application form, for filing of return of income and for making an application for allotment of Permanent Account… Read More »