Online Duplicate mark sheet /Pass certificate for CA Students An on-line facility for submission of requests for issue of duplicate mark sheets/pass certificates has been put in place at http://icaiexam.icai.org. Those who are desirous of applying for issue of duplicate mark sheets/pass certificates, can now apply for the same, on-line, at the above site and… Read More »
Guidance Note on Reports in Company Prospectuses (Revised 2016) issued by the Auditing and Assurance Standards Board – (01-12-2016) Download Guidance Note on Reports in Company Prospectuses (Revised 2016) issued by the Auditing and Assurance Standards Board – (01-12-2016)
ICAI invites suggestions on revised Model GST Law – (02-12-2016) Your feedback / concerns and suggestions received on Model GST Law were communicated and as can be seen many amendments are due to the suggestions made by us. CBEC has now released revised draft Model GST Law in the public domain. The same can be… Read More »
National Payments Corporation of India Press release November 14, 2016 NPCI waives switching fee for RuPay PoS and e-commerce transactions Mumbai: National Payments Corporation of India (NPCI) has announced that it has waived the switching fee for all RuPay Issuing and Acquiring member banks for Point of Sales (PoS) and eCommerce transactions with effect from… Read More »
RuPay Debit Cards can be used for shopping National Payments Corporation of India Clarification November 21, 2016 NPCI clarifies that RuPay Debit Cards can be used for shopping as well There is a general perception that RuPay Debit cards can be used only at ATMs. In this regards, National Payments Corporation of India (NPCI) would… Read More »
Disclosure under PM Garib Kalyan Yojna vs. Voluntary disclosure under Sec. 115BBE Sr. No. Points of comparison Proposed PMGKY Scheme Proposed on-tap voluntary disclosure scheme u/s 115BBE of Income-tax Act, 1961 1. Duration of Scheme One-Time window – Limited duration. Last date to be notified On-tap scheme to be available with effect from AY 2017-18.… Read More »
GUIDANCE NOTE ON FATCA and CRS Updated as on 30 th November 2016 Purpose of the Guidance Note This Guidance Note is for providing guidance to the Financial Institutions, Regulators and officers of the Income Tax Department for ensuring compliance with the reporting requirements provided in Rules 114F to 114H and Form 61B of the… Read More »
Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and/or Non Deduction of Tax at Source Notification 11/2016 Dated 02.12.2016
Bank Balance Enquiry using Mobile User can check available balance of the bank account linked to his/her mobile number. The transaction flow to do Balance Enquiry is as follows: Dial *99# from your Mobile handset. Welcome screen will appear asking you to enter your bank’s 3 letters short name or first 4 letters of IFSC.… Read More »
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 02 December, 2016. PRESS RELEASE Sub : Income Tax Investigations Unearth Mis-use of Jan-Dhan Accounts Investigation being conducted by the Income Tax Department across India into the sudden surge in cash deposits in Jandhan accounts have revealed various inconsistencies.… Read More »