IMPORTANT DATES : > Payment of MVAT & WCT TDS for June : 21/07/2017      > E-Payment of DVAT & CST for the month/quarter ended June : 21/07/2017      > Submission of MVAT return for month/quarter ended June. (10 Days extra for e-returns) : 21/07/2017      > Issue of DVAT Certificate for deduction made in June : 22/07/2017      > E- Return of DVAT for quarter ended June : 25/07/2017      > Advance information for 1st fortnight of August of functions with booking cost > Rs 1 lakh in Banquet Halls,hotels etc. in Delhi : 27/07/2017      > Filing of DVAT Return Verification Form for quarter ended June where return not signed with digital signature. : 28/07/2017      > Return of TDS for June quarter in DVAT-48 : 28/07/2017      > Return by Scheduled Bank branches in Delhi engaged in sale of silver, gold, repossessed vehicles for quarter ending June : 28/07/2017      > Issue TCS Certificates by Collectors for quarter ended June : 30/07/2017      > Filing of I.T. Returns by Individuals , HUF (without Audit) : 31/07/2017      > Filing of I.T. return by Firms,AOPs, BOIs (without audit) : 31/07/2017      > Filing of I.T. Return by Trusts, Political party etc.(without audit) : 31/07/2017      > TDS returns for June Quarter by ALL deductors : 31/07/2017      > Returns by banks for interest upto Rs.10,000 for June quarter : 31/07/2017      > Payment & Monthly Return of Maharastra PT (Annual Liability 50000 or more) : 31/07/2017                        Home Team Services Calculators Bulletins Utilities Links Acts Rules Forms News Query Careers Admin Contact Us Corporate Services Audit Corporate Finance Services for Non-Residents Accounting Services Payroll Benefits of Outsourcing Income Tax Value Added Tax (VAT) Service Tax TDS/FBT Corporate Governance Tax Calculator TDS Calculator HRA NSC Kisan Vikas Patra VAT Calculator EMI Get No. Of Instalment Home Loan Calculator Auto Loan Calculator Effective Capital Calculate Net Profit Calculate Net Worth Notification Circular Income Tax Company Law Service Tax Excise Matters Customs RBI SEBI FEMA Labour Laws Central Sales Tax Accounting Standards The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Cost Inflation Index Rates of NSC Interest Gold and Silver Rates Rates of Depreciation Under Income Tax Act Rates of Depreciation Under Companies Act ROC Fee Structure (As per Companies Act, 2013) ROC Filing Fees (As per Companies Act, 2013) Application & Petition Fees Rates of Stamp Duty Limited Liability Partnership Fees National Industries of Classification IFSC Codes MICR Codes Reverse charge on Service Tax Quick Links Important Links Vat Links Ease Of Doing Business GST Laws Direct Tax Indirect Tax Corporate Laws VAT Laws Other Statutes Union Territory Goods and Services Tax Act, 2017 GST (Compensation to States) Act, 2017 Telangana GST Act, 2017 IGST Act , 2017 Central Goods and Services Tax Act, 2017 Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Service Tax(Finance Act, 1994) The Central Excise Act, 1944 Customs Act, 1962 Central Sales Tax Act, 1956 Entry Tax Act Companies Act, 2013 Companies Act, 1956 The Limited Liability Partnership ACT, 2008 The Securities and Exchange Board of India Act, 1992 Delhi Value Added Tax Act, 2004 Maharashtra Value Added Tax Act (2002) Rajasthan Value Added Tax Act, 2003 Bihar Value Added Tax Act, 2005 Karnataka Value Added Tax Act, 2003 Andhra Pradesh Value Added Tax Act, 2005 The Uttar Pradesh Value Added Tax Act 2008 West Bengal Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Gujarat Value Added Tax Act, 2003 Tamilnadu VAT ACT, 2006 The Indian Partnership Act, 1932 Societies Registration Act, 1860 Reserve Bank of India Act, 1934 Competition Act, 2002 Monopolies and Restrictive Trade Practices Act, 1969 Foreign Exchange Management Act, 1999 The Employees' State Insurance Act, 1948 The Employees' Provident Funds and Miscellaneous Provisions Act, 1952 Profession Tax Act Right To Information Act, 2005 Equalisation Levy Act, 2016 GST Rules Direct Tax Rules Indirect Tax Rules Corporate Laws Rules VAT Laws Rules Other Statutes Central Goods and Services Tax Rule, 2017 Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Customs Valuation Rules Service Tax Rules Central Sales Tax (Delhi) Rules, 2005 Central Sales Tax (Maharashtra) Rules Entry Tax Rules Cenvat Credit Rules, 2004 GST Valuation Rules , 2016 Companies Rules, 2014 The Companies Unpaid Dividend Rules, 1978 Limited Liability Partnership Rules, 2009 LLP Winding up Rules, 2012 Delhi Value Added Tax Rules, 2005 Maharashtra Value Added Tax Rules, 2005 Haryana Value Added Tax Rules, 2003 Andhra Pradesh Value Added Tax Rules, 2005 The West Bengal Value Added Tax Rules, 2005 The Uttar Pradesh Value Added Tax Rules, 2008 Punjab Value Added Tax Rules Rajasthan Value Added Tax Rules, 2006 Bihar Value Added Tax Rules, 2005 Karnataka Value Added Tax Rules, 2005 Telangna VAT Rules 2005 Gujarat Value Added Tax Rules, 2006 Tamilnadu VAT Rules, 2007 Baggage Rules, 2016 Profession Tax Rules NBFC Acceptance of Public Deposits (Reserve Bank) Directions, 1998 NBFC and Miscellaneous Non-Banking Companies (Advertisement) Rules, 1977 NBFC Auditor’s Report (Reserve Bank) Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Equalisation Levy Rules, 2016 Income Tax Forms Wealth Tax Forms ROC Forms (As per Companies Act, 1956) Companies Unpaid Dividend Forms Limited Liability Partnership (LLP) LLP Winding up Service Tax Forms NBFCs Forms FEMA Forms ROC Forms (As per Companies Act, 2013) Income Declaration Forms VAT Forms DVAT Forms MVAT Forms Bihar VAT Forms Karnataka VAT Forms UPVAT Forms Haryana VAT Forms WB Vat Forms Punjab VAT Forms Login Email Login Time Sheet               What's New 21/07/2017 No TDS on income if GST paid on services rendered: CBDT Goods bought with loyalty points will face tax under GST NSE seeks to settle unfair access issue with regulator Few takers for easy GST scheme Sebi may cut listing time to three days 20/07/2017 Pledged assets can be auctioned by insolvency professionals: NCLT Cabinet clears draft bill to replace GST ordinances for J&K Delhi HC Questions The Legal Sanctity Of Finance Ministry’s Press Release On GST On Legal Services Where are the Pink Notes ? That's a Rs 2,000 Question Tax Officials to `Go Slow' on Enforcements Under GST Sebi planning to tighten depository receipt regulations 19/07/2017 I-T dept seeks data of property deals worth Rs 1 cr or more in last 10 yrs Over 3.6 mn accounts saw cash deposit of Rs 10 lakh or more Real estate developers can’t force homebuyers to go for arbitration Sebi asks banks to report divergence in bad loans Jaitley rules out lowering GST for textiles sector GST Network allays fears of data mix-up on new tax portal Tax departments keep a close watch on prices post GST rollout 18/07/2017 Income Tax department to launch mobile app to make life easy for taxpayers GST Council increases cess on cigarettes Tax practitioners told to register entities separately GST cuts down trucks' travel time: Illegal traffic is off highways Not for grant of grace period to deposit scrapped notes: Govt Analysing impact of GST, input credit in telecom sector 17/07/2017 Gst Council To Meet Today, First Time After July 1 Roll Out ‘Authenticate invoice only through digital signature’ Small businesses grapple with GST compliance Investors may Soon Get to Trade Shares, Commodities with One A/c GSTN portal to be ready for invoice uploading from July 24 Centre urges J&K to implement GST from July 1 Reverse charge squeezes out small firms SMS for Week ended 16-07-2017 Why composition levy scheme confounds small businesses 15/07/2017 PM defers FDI review as FM gets busy with Opposition Inox first insolvency case in green energy HC shield from GST penalty for lawyers and law firms Digital currencies on govt radar No supporting documents for insolvency circular: RBI tells HC 14/07/2017 NRIs’ Foreign Bank Accounts Under I-T Lens GSTIN not necessary if exempt goods imported, exported RBI rate cut expectations grow Firms have to fill vacant director posts in 3 months ITlens on half amillion people for ´ inconsistencies´ in cash deposits No GST on sale of old jewellery, vehicles by individuals 13/07/2017 GST clouds over FMCG may get darker in september quarter Selling old jewellery or bullion will attract 3% GST Sebi expresses concern over high derivatives to cash turnover First Collection Nos Show GST Off to a Smooth Start 12/07/2017 Government to keep an eye on price rise & GST glitches Labourmin Seeks Cabinet Nod for Code on Wages Entities Opting for Composition Can’t Levy GST, Must Declare So Tax demand arrears amounting to Rs 8.4 lakh cr unlikely to be recovered GST launch should pave way for repo rate cut No GST on free food supplied by religious institutions Restriction likely on import of items that hit local companies Restaurants asked not to charge GST on alcohol Foreign investors seek Sebi relief on p-note ban 11/07/2017 Now pay taxes, apply for PAN via CBDT mobile app Govt says gifts of up to Rs 50,000 by employer exempt under GST Govt clears air on IGST exemption for exporters High-income taxpayers to get priority treatment and extra facilities 10/07/2017 Foreign buyers cheer GST on knitwear, seek low prices Pre-GST knock likely for corporate earnings in Q1 A week of GST: Bumpy ride due to late info overload E-Way Bill Infra Expected to be in Place by October GST exemption limit set at Rs20 lakh; tax rate to be decided in October More complications in Filling I-T returns RBI’s steps on frauds will help customers MRP, other details must for items sold online from 2018 Tightening Norm for online sellers SMS for Week ended 09th July 2017 Spoiler Alert: State Levies & Actions may Crash GST Party 08/07/2017 Service consumed in June, billed in July to attract GST Under GST, education won’t be expensive: Govt J&K finally joins GST from tonight, Assembly passes bill Jail term for not printing revised MRP on inventory GST impact: Airlines, cab aggregators grapple with higher lease payouts Sebi initiates action against 1,088 companies Collection not satisfactory: CBDT to taxmen 07/07/2017 Serial tax dodgers can be prosecuted before assessment Automakers cut prices to pass on GST benefit to clients FinMin readies bankruptcy Bill, NPA resolution for monsoon session Sebi bats for at least 1 independent woman director on boards Brokers need to submit info on client funds on monthly basis FVCI can register online with Sebi portal Traders to meet today to discuss GST issues Centre to make provision for GST refund in excise free zones DeMo Heat Puts Personal Tax Kitty on the Boil Govt Seeks to Clear Way as Exports Trip on Rules Field offices should be one-stop solution: CBEC 06/07/2017 Cost-Wary Firms won’t be Sticklers for Sticker Rule TV, fridge, AC prices may rise twice this year Delhi govt to press for lower GST rates Home ministry gives security clearance to GSTN GST might hit small fund distributors, investment advisors Govt may triple heirs' liability for paying maintenance to seniors Perks Gifts to Employees May Come Under GST No 5% CGST on Items Not Listed Under Trademark Law 05/07/2017 Keeping close watch on price, supply of goods after GST roll-out: Adhia Centre eases M & A filing norms Reprint revised MRP after GST or face action: Govt to firms GST regime: Truckers caught in twists and turns ARN not mandatory for doing biz, GSTIN sufficient: Kumar Proprietary firms to come under bankruptcy code Pre-GST Stock Receives Govt Stamp of Approval Cash Payments for Credit Card Bills in Excess of Rs 2L Allowed 04/07/2017 Queues of trucks across 22 states get shorter FMCG firms to extend tax benefits to customers Cabinet Secy Reviews GST Implementation Filing maze awaits assessees RBI restricts G-sec debt portfolio flows Street cheers smooth road to new tax regime Exporters need not pay IGST if bond furnished Lower taxes aboost for cigarette makers 03/07/2017 GST blues may turn markets volatile FinMin says no major problem reported on Day 2 of GST SMS for Week ended 02nd July 2017 Glitch-free roll-out is expecting too much Tax on property income depends on owner’s business GST: Directors face higher risks for tax default Corporate Travellers Must Give Employer Details for Tax Credit 01/07/2017 There is no doubt GST will boost GDP Wake up to GST dawn : After 17 years of making, PM, Prez launch tax reform Sebi issues new framework to deepen corporate bond market GDP to face GST hiccups: Economists Small savings rate cut by 10 bps GST preparedness: As registration rises, small traders remain jittery Gearing up for new regime Acceptance of e-PAN card for KYC purpose Obligation for the Month of July 2017 30/06/2017 On GST eve, govt tells India Inc not to hike prices 160,000 new businesses register on GSTN in four days Govt plans to link GST with PAN RBI to remain open on July 1 to facilitate transactions Hope anti-profiteering law won't have to be used: FM Arun Jaitley SBI Urges Govt to Ease Provisioning CBDT: PAN Without Aadhaar is Valid Small Businesses Jittery Over GST 29/06/2017 Aadhaar PAN linking must from July 1 Irdai defers IndAS execution by 2 yrs Fin Min starts notifying provisions of GST Acts Sebi proposes to ease compliance burden Trademarks, goodwill will face GST of 18% Arun Jaitley: System geared up for GST from July 1 28/06/2017 NPPA steps in to keep medicines affordable after GST roll-out on July 1 Software testing complete, ready for smooth GST roll-out Fines may show way to GST in this textile hub SC refuses interim order on Aadhaar notification IndAS may hit banks’ lending to firms Phone Cos Take GST Call, Cut Production Why Bankers are Now Wary of Using Bankruptcy Code FM : gst will cut tax evasion, check price rise 27/06/2017 Centre and states will bear GSTN expenses Jaitley asks Mehbooba to implement GST from July 1 Traders want ombudsman for grievance redressal Tax breather for e tail players Financial year likely to be changed from 2018 The Curious Case of Margin Expansion & Anti-Profiteering GST regime: Same tax rate on new, used cars set to hit sales of both 26/06/2017 GST Network reopens for registration Price of Essential Items Won’t Rise Under GST: Min SMS for Week ended 25th June 2017 Eight things that businesses need to do before GST Renaming CBEC as CBIC could take a while Execs Rush to Foreclose Car Leases Before GST Bid to reduce tax litigation 24/06/2017 For 1st time, RBI makes banks accountable for misselling Telcos Rush to Rejig IT, Billing Systems for GST Cab Cos Seek Clarity on State Entry, Exit Taxes in GST Regime Ordinance to clear SEZ status under GST next week GST registration for e­tailers to begin tomorrow 23/06/2017 Govt loosens norms for auditor rotation at unlisted companies GST to lower overall tax burden over time, says RBI governor RBI to expand oversight committee for bad loan resolution Sebi proposes strict rules for investment products Anti-Profiteering Body Fully Avoidable 22/06/2017 Retailers need to file single GST return every month: Adhia Petro products likely to come under GST: Pradhan Anti-profiteering rules make India Inc see red Note Deposit Window Opens for Institutions 6 reasons you need not fear the GST regime Sebi joins fight against bad loans Start ups can now raise deposits from shareholders All states sans J&K pass SGST Bill to keep roll-out date 21/06/2017 Govt notifies 18 sections 2 rules for new tax regime Anti profiteering authority can deregister firms Regulator to ease norms to expedite insolvency process Unity on the Menu at GST’s Midnight Parliament Bash Won´t blink on launch no excuse for biz not being ready FM 20/06/2017 Don´t rush for GSTIN; provisional ID to suffice: Adhia Seeks to bring certain sections of the CGST Act, 2017 into force w.e.f. 22.06.2017 GST: Border checkposts may not end soon as e-Suvidha, e-Sangam to remain Sebi might ease stand against p-notes in F&O CBDT comes out with secondary adjustment rules Govt: No plans to link Aadhaar with property details Start-ups: Govt eases paperwork norms Seeks to exempt persons only engaged in making taxable supplies, total tax on which is liable to be paid on reverse charge basis Midnight Parliament Central Hall event to mark GST roll-out 19/06/2017 Seeks to exempt persons only engaged in making taxable supplies, total tax on which is liable to be paid on reverse charge basis SMS for Week ended 18th June 2017 Public shareholders could find it easier to become promoters India Inc gets GST filing breather for 2 months Sebi to ease FPI norms, fast-track IPO listings 28% GST on hotel tariffs of Rs 7,500 and above Transitioning tax credits under GST Investors are willing to bear GST pain for long-term gains Sebi May Make Acquisition of Distressed Assets Stress-Free Relaxation in return filing procedure for first two months of GST implementation 17/06/2017 India ready for GST, anti-profiteering rules soon, says revenue secretary Now, Aadhaar must for opening bank accounts New digital policies soon IBBI notifies norms for fast-track insolvency resolution for start-ups 16/06/2017 CBDT forms task force for a unified IT assessment Easing of housing finance norms is credit negative, says Moody´s Sebi ups penalty for non compliance Karnataka Assembly passes state GST Bill Govt asks builders to pass on GST benefit to buyers Indian companies under POEM to be taxed at 40% GSTN Registrations Set to Open for Ecomm Vendors 15/06/2017 Bankruptcy Bill gets Cabinet nod Sebi issues norms on margin trading facility GST bonanza: Electronics, lifestyle goods get cheaper Ministers to clear GST doubts after roll-out GST registration for businesses to reopen on June 25 GST: Banks may Stop Gold Imports on Own Account 14/06/2017 12 accounts to go under insolvency Sebi to ease entry norms for FPIs Sebi Allows Options in one commodity per exchange TDS rule not for multiple tenants Farmers ask govt to roll back 5% tax on raw tobacco GST roll-out from July 1, don´t be misled by rumours:Govt Retailers want FMCG firms to cut prices after GST roll-out 13/06/2017 Top loan defaulters´ list almost ready: FM Late roll-out rumours rile government Jewellery, tractor makers to gain from revised GST UIDAI asks agencies to prioritise mobile updation for GST Airline Cos may Push up Fares to Lighten GST Load Aadhaar Must to Avail Govt Contribution for APY GST Roll-out Preparations Take Off on War Footing No Centralised Registrations for Banks Under GST: FinMin Govt Examines Duty Drawback Benefit Schemes in GST Regime Drug inventory with stockists falls ahead of new tax regime 12/06/2017 GST Council reduces rates of 66 products FPIs red flag Sebi’s plan to curb p-notes FinMin debating bad bank, basic income proposals: Jaitley Sebi mulls ways to check fraudulent tax benefits via stocks MSME units can nowfile GST grievances online Traders can now everify GST registration via OTP GST Council to examine rate concerns of traders Simplifying safe harbour rules SMS for Week ended 11th June 2017 09/06/2017 GSTN has 50 days to take off, says CEO Safe harbour tax rules eased to coax MNCs Bullion trade plea on new problems Taxmen to Dig into Cases of Spike in Income under Revised Returns Sebi Body Wants Review of Position Limits for Commo Futures 08/06/2017 RBI seen keeping rates unchanged but softening its hawkish stance Portal to Facilitate FDI Proposals Soon Mandatory National Licence for Staffing Firms in Works Govt: Abolished cesses to pave way for GST GSPs put up brave face amidst roll out uncertainties India signs pact to check DTAA abuse GST transition stock norms eased RBI tightens norms for masala bond issuances 07/06/2017 ESOPs, M&As out of capital gains tax net Govt to sharpen plan for naming & shaming tax defaulters Insolvency code could take time to resolve cases EPFO extends deadline for submitting Aadhaar to June 30 Ministries to decide on FDI proposals within 60 days: FinMin One Nation, One Tax Dept: I-T Takes Cue from GST Genuine Transactions Won't Get Caught In Tax Tangle 06/06/2017 Now, universal minimum wage for workers to be reality soon CAG will audit GSTN, says Finance Minister Jaitley Footwear manufacturers rue high tax, dual rates PM reviews GST preparations, says it’s a turning point for economy COAI Seeks GST Rate Cut Citing Sectoral Ill-Health Extension of due date for furnishing Form 16 05/06/2017 Unfinished agenda to keep GST Council busy till roll-out No IGST on Imports Under Export Promotion Schemes Textile Exporters' Bodies Welcome Fixing of GST Rates India, Germany Plan Pact to Help Startups Thrive 3% GST on Gold to Hit Unorganised Sector: Industry GST rates for gold fixed at 3%, biscuits 18% 03/06/2017 ICAI proposes joint audit for private banks GST: Tax refund on stocks without invoice may go up I-T warns against cash dealings of Rs 2 lakh, seeks tip-off Andhra wants lower tax rates on tractors, fertilisers Corporate governance panel set up Economy may grow over 8% by 2018-19 : Panagariya I-T dept sets eyes on benami assets acquired in past 3 yrs 02/06/2017 Industry's last chance to register for GST Aadhaar Data Gets New Security Guards GST: Consumer goods firms allay retailers’ fears GST unfairly equates amusement parks with casinos, race course Reform measures to broaden tax base, cut debt GST Council will give final shape to new tax framework tomorrow Sebi asks banks to explain bad loan under-reporting 01/06/2017 Delhi Assembly passes goods and services tax Bill Exporters, importers need to quote GSTIN from July 1 Link Aadhaar with PAN using SMS: ITdept Ordinance to give teeth to anti-profiteering clause GST The Road Ahead - Ahead of GST Rollout, Banks Struggle with IT Woes Modi to Review GST Groundwork 31/05/2017 Sebi puts in place disclosure norm for green bonds Not ruling out rationalisation of GST rates: Adhia New Re1 notes to be circulated soon Norms on Commo Options in a Fortnight Karnataka Assembly to ratify GST Bill in June 5 session 30/05/2017 Revision of rates left to GST Council’s discretion: CBEC chief GST on solar equipment, parts at 5%, says Adhia Sebi cracks the whip on p notes Labour reforms will create quality jobs: Bandaru Dattatreya GST, Note Ban to Formalise Indian Economy: World Bank 29/05/2017 GST Council may clarify on tax rate for solar modules at 3 June meeting RBI guidelines on P2P lending platform likely by June-July Honda Cars Joins Hands with IBM Watson India, Russia Plan FTA in Eurasian Region 27/05/2017 CBEC Chief rules out GST rates review RBI discusses debt recast plan with stakeholders Sebi norms for NCDs in mergers Govt may reduce PF contribution to increase take home salary 26/05/2017 Long-term anti-dumping duty to benefit steel firms Now, Definition of Startup Enlarged Black money: NRIs under I-T lens after taxmen seize Rs 500 cr in old notes Anti-profiteering body likely under CBEC ´Laxity in compliance with women director norms´ 25/05/2017 Make in India gets sourcing push from govt GST Council may reconsider steep levy on hybrid cars I-T dept unearths 400 benami deals GST Data Trail to Help SMEs in Securing Credit GST will Help Lower Food Inflation: Singh 24/05/2017 SFIO developing early warning system to detect frauds Bill to address bankruptcy in financial sector soon Sebi Issues Framework for Mutual Funds, Portfolio Managers at IFSC Digital India to be Run Like Corporate Entity Govt notifies regulations for voluntary liquidation 23/05/2017 CBDT Signs 2 Unilateral APAs with Taxpayers Sebi investigated 212 cases in Apr-Dec FY17 Modi government mulls allowing 100% FDI in retail, with caveats RBI to Arm Oversight Committee in Big Battle Against Bad Loans GST The Road Ahead - GST Rollout to Bring Down Prices: Govt 22/05/2017 India Inc ready for July 1 GST roll out: CEO poll GST to Cut Inflation by 2%, Create Buoyancy in Economy: Adhia GST rates: Financial services transactions to become marginally dearer Government initiates work on shifting financial year to January-December WTO Calls Review Meet, India Opposes E-comm in Agenda After fixing rates, GST Council to now focus on price behaviour of companies 20/05/2017 GST Council fits services under 4 slabs FDI equity inflows rose 9% to record $43.5 billion in fiscal year 2016-17 Supreme Court defers hearing on plea challenging mandatory use of Aadhaar GST Council’s role may widen to non-tax issues 19/05/2017 12-18% GST rate for most products Govt plans law to confiscate assets of fugitive economic offenders RBI revises definition of what constitutes a bank branch Govt Modifying 2011 Manufacturing Policy I-T publishes names of Delhi defaulters owing over Rs 10 cr in taxes 18/05/2017 Respite likely for biz on e-way under GST SAT will get new bench in Delhi GST Council Meet Starts from Today Maternity benefit scheme across India Sebi sets position limit for cross-currency F&O contract 17/05/2017 1% tax at source under GST likely for online sellers I-T base expands by 9.1 mn after note ban EPFO reduces claim settlement period to 10 days Sebi plans to overhaul ‘fit and proper’ norm Govt gives last chance to NGOs to file annual returns GST Exemption List Likely to be Kept at Around 100 Items Op Clean Money Portal Launched to Track Evaders FSSAI to Take Strict Action Against Adulteration 16/05/2017 Sebi unearths Rs 34,000-crore tax evasion Firms must disclose securities deals above Rs 10 lakh by May 31: Govt Have a tax rate that disincentivises cigarette smuggling: FAIFA New tax accounting standards may reduce leeway for infrastructure companies No tax scrutiny of big transaction if it matches income 15/05/2017 GST panel works out rates for 6,000 items I-T scanner on end-beneficiary details of P-notes Aadhaar PAN linkage gets ´ likes´, but data leak big overhang Startup Inc's Sop Story to be Part of Book of Jobs Banks Set to See More Provisions on New Norms I-T Dept Starts Facility to Correct PAN, Aadhaar Errors Govt issues critical alert over ransomware threat 12/05/2017 Registration for GST enrolment to reopen on June 1 Unclear Norms: P2P Lending Startups Face Funding Woes Insolvency Resolution Time for Smaller Cos may be Shortened I-T Dept Launches New Facility to Link Aadhaar with PAN Note ban effect: 9.1 million new taxpayers NCLAT ruling weakens insolvency and bankruptcy code, say experts 11/05/2017 I-T to probe 300 cases under benami act Onus on States to Push Labour Reforms RBI REERs flag an overvalued rupee India to say no to WTO trade facilitation deal 10/05/2017 Gujarat Assembly passes state GST Bill No plan to tax agri income; rich farmer very rare: Jaitley GSTN enrolment halts; to restart later Need to Hand Incentives to Foreign Arms Cos: Jaitley FSSAI panel proposes strict steps to check consumption of junk food 09/05/2017 ED, I-T dept set to get more powers Govt likely to amend NIA in monsoon session EPFO to make all payments to members electronically Digital Kiosks to Help Govt with GST Rollout Promoters Must Disclose Shares Received in Gift: SEBI 08/05/2017 Adhia hopeful of smooth GST transition I-T Plans Portal for Non-intrusive Probe Start-up policy to get makeover ICAI Asks Auditors for Disclosure on Junked Notes RBI advises banks to have fair process for selecting auditors Land Bill on the Agenda as Joint House Panel to Meet on May 22 06/05/2017 RBI issues norms to hasten stressed asset resolutions via joint lender forums India to grow 8% in FY19 as GST benefits kick in: Das ´State check posts will go away under GST; excise point may stay´ CBDT proposes fair market value for taxing unquoted shares Govt notifies changes to Banking Act 05/05/2017 NPA policy: Stressed assets may be put on the block Haryana Goods and Services Tax Bill passed SC reserves verdict on Aadhaar-PAN linkage New policy to help, but core sector must use more steel 04/05/2017 Ordinance to tackle bad loans cleared Madhya Pradesh Assembly passes GST Bill-2017 Andhra may opt for new fiscal year Widen the tax net to include agriculture Modi trains guns on benami properties 03/05/2017 Centre softens stance on i-banks for PSU mandate Online Registration Mechanism for Securities Market Intermediaries Net Widens: Taxpayers Surge by a Crore States Asked Not to Accept Cash Payments for Electricity Bills GST rates likely to be fixed by weekend Aadhaar for PAN to check black money: Govt to SC 02/05/2017 Budget session of Parliament likely to begin on January 3 SMEs approach FM for extension of GST launch Compliance Cost Won't Rise Under GST: Adhia EPFO: Moving in sync with the times 01/05/2017 Aadhaar to be made compulsory for filings Tax liability after amalgamation 10 ways the Act affects realtors Obligation for the Month of May 2017 SMS for Week ended 30-04-2017 You may need to fill 37 forms to be GST-compliant Jaitley plans to cut MSME tax rate to 25% 29/04/2017 Filing of online return for 4th quarter of 2016-17 extension of period thereof upto 15-05-2017 States Free to Tax Agriculture Income: CEA Banks can't refuse scribbled notes, says RBI circular Ind directors are not independent: Sebi chief Big Rate Changes Unlikely under GST: FM 28/04/2017 BIS proposes compulsory registration for selling hallmarked jewellery Compliance rating for industry under GST Service Tax Return Filing Date Extended to April 30 Panel lens on diluted realty regulation law NITI Aayog bats for continued labour reforms Now, withdrawal of PF without medical proof Wait time for patent examination to be cut to 18 months by March 2018 Telecom companies begin state wise GST registration Modi to review GST, black money policy 27/04/2017 Sebi Clears Options Trading in Commodities No plan to tax farm income, says Jaitley Note ban effect: Tax receipts jump to record levels Getting the trade to align with GST is a challenge SC talks tough on Mandatory Aadhaar for PAN cards Relief for Indian MNCs Likely as Govt Considers to Dilute POEM 26/04/2017 GST cloud on states´ sops for industry Tax on Agriculture Income Part of Niti's Action Plan New RTI rules could put whistleblowers at risk, say activists With GST, in place , there would be uniformity in imposed taxes 25/04/2017 Bihar becomes second state after Telangana to pass GST bill EPFO ALLOWS 90% WITHDRAWAL TO BUY HOUSES Sebi pending cases surge after new norms Norms Soon on Fund to Back Infra Bonds Govt extends SIPP scheme for 3 years till March 2020 24/04/2017 PM asks states to speed GST boost for brick-and-mortar retail expansion CBEC gears up for GST roll-out SMS for Week ended 23-04-2017 22/04/2017 Extension of time for filing declaration under the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 Cesses, VAT behind high bills, not service charge Draft GST rules seek detailed paper work Govt open to September roll-out of GST Sticking Points Centre faces Supreme Court poser on mandatory Aadhaar for PAN cards 21/04/2017 Friendly Advance Ruling Mechanism to Smoothen Ride Under GST Regime Panel to Review Misconduct Rules for Accounting Pros Major FPIs shift base after new tax pacts Records of goods lost, stolen, gifted amust under GST draft rules Maharashtra housing regulator from May 1 GST reform an act of courage: IMF chief Clarification regarding online generation of Challans for Offline payment cases 20/04/2017 Govt releases further draft rules on GST Small businesses could under report income under GST initially Deposits under PMGKY can be made till Apr 30 GST ambiguity on gold jewellery Sebi may grant single licence to brokers Govt to Widen Entry for Foreign Funds While Shuttering FIPB Operation Clean Money Top Priority This Quarter: CBDT Govt Notifies Remaining RERA Sections 19/04/2017 Most states to pass GST Bill by May end Guidelines on compliance with Accounting Standard (AS) 11 [The Effects of Changes in Foreign Exchange Rates] by banks - Clarification India Inc seeks leeway on capital gains tax proposal FPIs Want Block Deal Rules Relaxed Simpler Credit Rules on Way for Poor Households RBI wants banks to make more provisions even for good loans RBI permits banks to invest up to 10% in REITs, InvITs 18/04/2017 Google tax closes in on internet firms Five ways how doing business will be different under GST Update details to link PAN and Aadhaar Paris Replacing Mauritius as Tax Haven, Citi Alerts Finance Ministry Services may be taxed at 12%, 18% under GST 17/04/2017 Clean Money 2.0 casts wider net GSTN ready for last-minute rush from taxpayers SMS for Week ended 16-04-2017 Decoding the indirect tax regime Regulator Set to Block P-Note Route for NRIs 100% FDI likely in cash, ATM firms One Group, One Tax Likely in GST Cos Report Better CSR Compliance in FY16 15/04/2017 Note ban effect: I-T lens on 60,000 depositors GST: CBEC proposes eway bill for goods worth Rs 50k Cleanliness Campaign Against Black Money' Companies (Compromises Arrangements and Amalgamations) Amendment Rules 2017 14/04/2017 DeMo, GST to Widen Tax Base & Help Meet Fiscal Targets: Das Aadhaar may be Made Compulsory Under Cos Act SC Dismisses Plea on Income Disclosure Scheme RBI tightens screws on banks to ease bad debt Govt to take firms´ feedback for states´ ease of biz ranking Stricter monitoring of IPO proceeds by small firms GST to bring more peopleits under tax net: Adhia 13/04/2017 Accounts used to get remittances to be blocked if full details not given ESIC launches AAA mobile app BSE asks firms to file financial results via XBRL mode Rent receipts are not enough for HRA claim EPFO extends deadline for submitting Aadhaar to April 30 SC: Third Arbitrator in Global Dispute must be from Neutral Nation Updated Till : 21/07/2017                 ABOUT US   M. M. SINGHVI & CO. was established in the year 1985. It  is a leading chartered accountancy firm rendering comprehensive professional services which include audit, management consultancy, tax consultancy,  accounting services, secretarial services etc.   M. M. SINGHVI & CO. is a professionally managed firm. The team consists of distinguished chartered accountants, corporate financial advisors and tax consultants. The firm represents a combination of specialized skills, which are geared to offers sound financial advice and personalized proactive services. Those associated with the firm have regular interaction with industry and other professionals which enables the firm to keep pace with contemporary developments and to meet the needs of its clients.   Disclaimer               Client / Staff Login   UserID   Password

112485 Times Visited WebtelPowered by Webtel Electrosoft (P) Ltd.