Monthly Archives: April 2017

14th April 2017 declared as Closed Holiday

By | April 12, 2017

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 5th April, 2017 G.S.R. 335(E).—In exercise of the Powers conferred by Section 25 of the Negotiable Instruments Act, 1881 (26 of 1881), the Central Government hereby declares Friday, the 14th April, 2017 as a Closed Holiday throughout India on… Read More »

USA IRS Urges Taxpayers Not to Rush; Choose Return Preparers Wisely

By | April 12, 2017

IRS Urges Taxpayers Not to Rush; Choose Return Preparers Wisely WASHINGTON – As the tax filing season deadline approaches, the Internal Revenue Service is reminding taxpayers to select who will prepare their 2016 federal tax return carefully. With the filing deadline less than two weeks away, appointments with some tax professionals may be limited. A… Read More »

ICAI Series of Live Webcast on GST

By | April 11, 2017

ICAI organising Series of Live Webcast on GST -jointly organised with Service Tax Commissionerate, Delhi on the theme- “Chale GST Ki Aur” Dear Professional Colleague, We are pleased to inform you that Indirect Taxes Committee of ICAI is jointly organising series of webcast on GST with the Service Tax Commissionerate, Delhi Zone to support the… Read More »

Category: GST

Tax on NPS

By | April 11, 2017

Tax on NPS The provision that the withdrawal from National Pension Scheme is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 (‘Act’) vide Finance Act, 2016 by inserting clause (12A) in Section 10 of the Act. Prior to Finance Act, 2016, National Pension Scheme (NPS), referred… Read More »

Committee on Digital Payments

By | April 11, 2017

Committee on Digital Payments Pursuant to the Government initiative to promote digital payments, NITI Aayog vide order dated on 30th November 2016 constituted a Committee of Chief Ministers with Shri Chandra Babu Naidu, Hon’ble Chief Minister of Andhra Pradesh as the Convener for suggesting measures to seamlessly enable all sections of the population to migrate… Read More »