Daily Archives: April 6, 2017

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

By | April 6, 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

By | April 6, 2017

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

48 Goods and services tax practitioners. -CGST Billl 2017

By | April 6, 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Goods and services tax practitioners.  (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their functioning shall be… Read More »

43 Matching, reversal and reclaim of reduction in output tax liability. -CGST Billl 2017

By | April 6, 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Matching, reversal and reclaim of reduction in output tax liability.   (1) The details of every credit note relating to outward supply furnished by a registered person (hereafter in this section referred to as the… Read More »

42 Matching, reversal and reclaim of input tax credit. -CGST Billl 2017

By | April 6, 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Matching, reversal and reclaim of input tax credit.   (1) The details of every inward supply furnished by a registered person (hereafter in this section referred to as the “recipient”) for a tax period shall,… Read More »

41 Claim of input tax credit and provisional acceptance thereof.-CGST Billl 2017

By | April 6, 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Claim of input tax credit and provisional acceptance thereof. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed, be entitled to take the credit of eligible input tax,… Read More »

37 Furnishing details of outward supplies. -CGST Billl 2017

By | April 6, 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 CHAPTER IX RETURNS Furnishing details of outward supplies.   (1) Every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under the provisions of section 10 or… Read More »

33 Amount of tax to be indicated in tax invoice and other documents.-CGST Billl 2017

By | April 6, 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Amount of tax to be indicated in tax invoice and other documents.         Notwithstanding anything contained in this Act or any other law for the time being in force, where any supply is made… Read More »

27 Special provisions relating to casual taxable person and non-resident taxable person.-CGST Billl 2017

By | April 6, 2017

CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Special provisions relating to casual taxable person and non-resident taxable person. 27. (1) The certificate of registration issued to a casual taxable person or a nonresident taxable person shall be valid for the period… Read More »

COMPANIES RULES & FORMS-20th Edition 2017-Book-Bharat

By | April 6, 2017

COMPANIES RULES & FORMS Paperback – 2017 by Bharat (Author) COMPANIES RULES & FORMS Price Rs 1090. Click to buy online Paperback: 1096 pages Publisher: bharat law house; twenty edition (2017) Related Books on Companies Act 2013 Topics Books     Ready Reckoned Companies Law Ready Reckoner – 2017 Edition Book- CA, CS Jainam Shah… Read More »

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

By | April 6, 2017

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 »

Companies Act 2013 with Rules & Forms- 27th Edn 2017-Book-Bharat

By | April 6, 2017

Companies Act 2013 with Companies Rules & Forms (in 2Vols Set) 27th Edn 2017 Paperback – 2017 by Bharat (Author) COMPANIES ACT, 2013 with COMPANIES RULES & FORMS. Price Rs 2275 . Click to buy Online Publisher: bharat law house (2017) Related Books on Companies Act 2013 Topics Books     Ready Reckoned Companies Law Ready… Read More »

Companies Act With Rules-Book -28th Edition 2017- Ravi Puliani and Mahesh Puliani

By | April 6, 2017

Companies Act With Rules Paperback – 2017 by Ravi Puliani and Mahesh Puliani (Author) Price Rs 1021 Click to buy Online Paperback: 1320 pages Publisher: Bharat Law House Pvt. Ltd.; Twenty Eighth edition (2017) Related Books on Companies Act 2013 Topics Books Ready Reckoned Companies Law Ready Reckoner – 2017 Edition Book- CA, CS Jainam… Read More »

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

By | April 6, 2017

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

By | April 6, 2017

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

By | April 6, 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

By | April 6, 2017

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

By | April 6, 2017

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

By | April 6, 2017

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

By | April 6, 2017

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 »

GST Bill 2017 Discussion- Speech in Rajya Sabha -05.04.2017

By | April 6, 2017

Motion to consider Central GST, Integrated GST, UT-GST & GST Compensation bills Sh. Anand Sharma’s Speech| Central GST, Integrated GST, UT-GST & GST Compensation bills GST Bill 2017- Rajya Sabha – Bhupender Yadav’s Speech GST Bill 2017 – Rajya Sabha – Naresh Agrawal’s Speech GST Bill 2017 Rajya Sabha-  SR Balasubramoniyan’s Speech GST Bill 2017… Read More »

USA IRS -Helpful Tips about Employee Business Expenses

By | April 6, 2017

Know these Helpful Tips about Employee Business Expenses Taxpayers who pay work-related expenses out of their own pocket may be able to deduct them. Generally, employee business expenses are deductible if they are more than two percent of adjusted gross income. In most cases, they go on IRS Schedule A, Itemized Deductions. Other key points… Read More »

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

By | April 6, 2017

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 »

269ST- Cash Receipt of Rs 2 Lakh or more- not apply to Receipt from Bank

By | April 6, 2017

Budget 2017 takes Steps to discourage Cash transactions & curb Black Money Various legislative steps have been taken by the Finance Act, 2017 to curb black money by discouraging cash transaction and by promoting digital economy. [ Read Analysis of Section 269ST – Cash Receipt Rs 2 Lakh or more Banned w.e.f 01.04.2017 ] These prominently… Read More »