Varishtha Pension Bima Yojana – 2017 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its post-facto approval for launching of Varishtha Pension Bima Yojana 2017 (VPBY 2017). It is a part of Government’s commitment for financial inclusion and social security. The scheme will be implemented through Life Insurance Corporation of… Read More »
Union Budget 2017 of India The Supreme Court on Monday rejected a PIL which sought the postponement of the Union Budget in view of Assembly elections in five states. The Budget will be presented as scheduled on February 1. 2017 There is no illustration to support that the presentation of Union Budget would influence voters’… Read More »
Seven Reasons Taxpayers Should E-file Their Taxes in 2017 Taxpayers who still file paper returns may find now is the best time to switch to e-file. Last year over 85 percent of taxpayers filed their taxes electronically. E-file is the fastest and safest way to file. Here are the top seven reasons a taxpayer should… Read More »
Monetary limit of Rs.20,00,000/- prescribed for filing appeal in the High Court Central Board of Excise & Customs vide Circular F.No.390/Misc./163/2010-JC/Pt,Dated: December 30, 2016, has fixed the monetary limit of Rs. 20,00,000/- below which appeal shall not be filed in the High Court by the department. Download [Circular F.No.390/Misc./163/2010-JC/Pt, Dated: December 30, 2016]
Seminar on union Budget 2017- Chandigarh
Government e-Marketplace gem.gov.in Procurement Made Smart Introduction:Public procurement forms a very important part of Government activity and reform in Public Procurement is one of the top priorities of the present Government. Government e-Marketplace (GeM) is a very bold step of the Government with the aim to transform the way in which procurement of goods and… Read More »
Issue The appellant failed to deposit the self assessment tax before the due date of filing of return.The Assessing Officer imposed a penalty Held We find that in the facts of the present case the assessee is consistently pleading lack of funds on account of a sudden recession in the industry. In support of the said… Read More »
Corporate & Allied Laws Book for CA Final May 2017 by Munish Bhandari Corporate & Allied Laws Book for CA Final May 2017 by Munish Bhandari has been specially designed for the students appearing in May 2017 CA (Final) Examination of ICAI. It has been written in accordance with the latest syllabus prescribed by ICAI for Paper 4:… Read More »
CBDT Issues Clarification on Filing Appeals CBDT Issued following clarification on Filing Appeals by Income tax Department against Assessee Circular No 5/2017 FTS No 279157 /ITJ Govt of India Ministry of Finance Central Board of Direct Taxes New Delhi , Dated 23rd January 2017 Subject : Measure of Reducing Litigation -Clarification on Circulars 21/2015 and… Read More »
40 Officers of the Customs & Central Excise selected for Grant of Presidential Award of Appreciation Certificate for Specially distinguished Record of Service. Every year, the Officers of the Board of Customs & Central Excise, Department of Revenue are considered for grant of Presidential Award of Appreciation Certificate for ‘exceptionally meritorious service rendered at the… Read More »