Daily Archives: August 14, 2016

Avoid plastic made National Flag, display paper flags, dispose with dignity

By | August 14, 2016

Avoid plastic made National Flag, display paper flags, dispose with dignity: MHA Advisory Ahead of the Independence Day, the Ministry of Home Affairs has issued an Advisory to the Chief Secretaries / Administrators of all State Governments / UT Administrations, Secretaries of all Ministries / Departments of Govt. of India to ensure strict compliance of… Read More »

Companies (Share Capital and Debentures) Fourth Amendment Rules 2016

By | August 14, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 12th August, 2016 G.S.R. 791(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Share Capital and Debentures) Rules, 2014, namely:— 1. (1)… Read More »

For smooth GST transition, here’s what must be done

By | August 14, 2016

For smooth GST transition, here’s what must be done The 122nd Constitution Amendment Bill, 2014 which will pave the way for introduction of the Goods and Services Tax laws has finally been approved after numerous consultations. The fact that the Bill was passed unanimously also sends the right signals about the intent to make this… Read More »

Category: GST

Companies needs to upgrade IT system for GST

By | August 14, 2016

Companies May Move to New IT Systems to Tackle GST Challenges Several Indian companies have begun discussions with their IT vendors and tax advisors to upgrade their systems to enable tracking of goods and analysis of tax and other cost implications once the goods and services tax (GST) regime comes into force. Companies are mainly… Read More »

Category: GST

CBDT notify revised form for Declaration under Income Declaration Scheme

By | August 14, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th August, 2016 S.O. 2705(E).— In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 199 of the Finance Act, 2016 (28 of 2016), the Central Board… Read More »