Increase in Minimum Wages Under the provisions of the Minimum Wages Act, 1948, both Central and State Governments are appropriate Governments to fix, review and revise the minimum wages of the workers employed in the scheduled employments under their respective jurisdictions. The Central Government has notified the revision of minimum wages for the scheduled employments… Read More »
RESERVE BANK OF INDIA (Financial Markets Regulatory Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 17th March, 2017 No. FEMA. 384/RB-2017 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2017 G.S.R. 260(E).—In exercise of the powers conferred by clause (h) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),… Read More »
What are States specified under Article 279A (4)(g) of the Constitution? Ans. States of Arunachal Pradesh, Assam, Jammu and Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand
Cabinet approves four GST Bills ; to be introduced in Parliament soon The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the following four GST related bills: The Central Goods and Services Tax Bill 2017 (The CGST Bill) The Integrated Goods and Services Tax Bill 2017 (The IGST Bill) The Union… Read More »
My NRI son, working in Singapore, has NRE fixed deposits in an Indian bank. He files his return back home in respect of income, mainly rent. Recently, while auto renewal of the FD, 31 per cent of interest paid was deducted as withholding tax (tenure of the FD was 390 days). While the NRE FD… Read More »
New Delhi, Mar 19 (PTI) The Law Commission is learnt to have decided against recommending income tax exemption on the money deposited in a single parents account as maintenance for a minor child in a divorce settlement case. In its report to be submitted to the government and the Punjab and Haryana High Court on… Read More »
Students’ Guide to e-Returns with CD (CBCS) (January 2017 Edition) by Dr. Vinod K. Singhania (Author) The book contains :25 Case Studies for e-filing of income-tax returns in ITR-1 to ITR-6, 6 Case Studies for e-TDS returns in Form Nos. 24Q and 26Q,2 Case Studies for e-filing of service tax returns. Key Contents Presentation of… Read More »
Computer Applications in Business (CBCS) (2nd Edition, January 2017) by Hem Chand Jain & H.N Tiwari A comprehensive and authentic text book on“Computer Applications in Business ” for B.Com (Hons):Three Year (6-Semester) CBCS Programme ofCentral Universities throughout India. The objective of the book is to impart computer skills and knowledge to commerce students and to enhance… Read More »
Corporate Accounting (B.Com. Hons. -CBCS) (Set of 2 Volumes) (4th Edition 2017) Paperback – 2017 by Bhushan Kumar Goyal A UGC recommended authentic and comprehensive text book on’Corporate Accounting’ for B.Com (Hons.) [Three years (6-Semester )CBCS Programme of Central Universities through India] It has been written in a systematic manner for easier understanding of the various… Read More »
Indirect Taxes – Law and Practice (CA/CS/CMA) [ Part 1 – Service Tax , Part 2- Central Excise / Customs / FTP/CST/VAT/ International Taxation] (38th Edition, 2017) by V.S Datey (Author) Also Incorporating: Case Studies Based on Important Case Laws Numerical Problems & Solutions Questions Set in Last 6 Years for Professional Examinations CA-IPC/Final CS-Executive/Professional CMA-Inter/Final… Read More »