Monthly Archives: December 2016

New Book on Benami Property Law and Taxation of Demonetised Notes -December 2016 Edition

By | December 11, 2016

New Law Relating to Benami Properties with Benami Properties Law and Taxation of Demonetised 500/- and 1000/- Notes (December 2016 Edition) What is Benami Transaction?**** What is ‘Benami Property’? Who is benamidar and who is ‘beneficial owner’?****Legal consequences of Benami Transactions,**** Income Declaration Scheme, 2016 (IDS) & New Benami Law,****Pradhan Mantri Garib Kalyan Yojana (PMGKY)… Read More »

List of Top Cashless Countries

By | December 11, 2016

TOP CASHLESS COUNTRIES COUNTRIES CASHLESS TRANSACTIONS 1-Singapore 61% 2-Netherlands 60% 3-France 59% 4-Sweden 59% 5-Canada 57% 6-Belgium 56% 7-United Kingdom 52% 8-USA 45% 9-Australia 35% 10-Germany 33% 11-South Korea 29% 12-Spain 16% 13-Brazil 15% 14-Japan 14% 15-China 10% India 2% Source: Mastercard Advisor’s Measuring progress toward a cashless society

Banks in India to Install one million new PoS terminals by 31st March 2017

By | December 11, 2016

In order to facilitate the move towards cashless transactions, the Government has directed the banks to install an additional one million new PoS terminals by 31st March 2017;. 2,73,919 camps organized to open banks accounts for unorganized labour in which 24.54 lakh accounts opened. As part of the plan to expand the digital payments eco-system… Read More »

New Rs 500 Note to be issued by RBI

By | December 11, 2016

Date : Dec 08, 2016 Issuance of Rs 500 bank notes without inset letter, in the Mahatma Gandhi (New Series) The Reserve Bank of India will shortly issue Rs 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and… Read More »

FAQs on GST in Bangla

By | December 11, 2016

FAQs on GST in Bangla Related Post State /India GST Material    What is GST? How does it work?- Answer GST Enrolment Plan State Wise : Announced by Indian Govt List of Documents required for GST Migration (India) Steps to enrol on GST Common Portal (India) How to Enroll on GST Portal (India) -FAQ’s How… Read More »