Monthly Archives: March 2018

24 insurance schemes exempt from GST

By | March 31, 2018

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA IRDA/F&A/CIR/MISC/052/03/2018 March 27, 2018 To All Insurers Sub: Exemption of reinsurance schemes, in respect of specified insurance schemes, from the purview of GST- Reg. It is informed that the proposal to exempt reinsurance schemes in respect of specified insurance schemes has been approved by the GST Council in… Read More »

Category: GST

Joint Audit of Financial Statements : ICAI Revised Standard on Auditing (SA) 299

By | March 31, 2018

Revised Standard on Auditing (SA) 299, “Joint Audit of Financial Statements” Introduction Scope of this SA 1. The practice of appointing more than one auditor to conduct the audit of large  entities has been in vogue for a longtime, sometimes voluntarily by the shareholders or sometimes due to the requirements of laws or regulations. Such auditors,… Read More »

Online valuation examinations for registration of Valuers by IBBI

By | March 31, 2018

Ministry of Corporate Affairs Insolvency and Bankruptcy Board of India commences conduct of online valuation examinations for registration of Valuers Posted On: 30 MAR 2018 8:46PM by PIB Delhi Insolvency and Bankruptcy Board of India (IBBI) is commencing on tomorrow , 31st March, 2018, the conduct of online Valuation examination related to for registration of… Read More »

Second Hand Goods Import Policy for repair

By | March 30, 2018

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No. 58/2015-2020 New Delhi, Dated:  28 March, 2018 Subject: Amendment in Para 2.31 of Foreign Trade Policy, 2015-2020. S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01… Read More »

Securities / Commodities Transaction Tax Amended by Finance Act 2018

By | March 30, 2018

Securities Transaction Tax Commodities Transaction Tax & Equalisation Levy with Rules-As Amended by Finance Act 2018 As Amended by Finance Act 2018 Price Rs 250 Click to buy online Paperback: 108 pages Publisher: Taxmann; Taxmann edition (2018) Language: English

Gratuity Tax Free Limit increased to Rs 20 Lakh : Notification

By | March 30, 2018

Gratuity Tax Free Limit increased to Rs 20 Lakh NOTIFICATION New Delhi, the 29th March, 2018 S.O. 1420 (E).—In exercise of the powers conferred by sub-section (3) of section 4 of the Payment of Gratuity Act, 1972 (39 of 1972), the Central Government hereby specifies that the amount of gratuity payable to an employee under… Read More »