USA IRS Video Tax Tip : Preparing for Disasters
IRS Video Tax Tip : Preparing for Disasters Here is a video tax tip from the IRS: Preparing for Disasters English | Spanish |ASL
Daily Archives: May 9, 2017
Make Rule 6 of GST Valuation rules optional – ICAI – GST Rules Issue 3
Determination of value in respect of certain supplies Rule 6 of draft GST Valuation Rules provides for different mechanisms for valuation in various cases like value of supply of services in relation to purchase or sale of foreign currency, including money changing, booking of tickets for travel by air provided by an air travel agent,… Read More »
Remove ‘ related persons ’ from Rule 2 of GST Valuation Rules – ICAI – GST Rules Issue 2
Value of supply in case of supply between distinct persons or related persons Rule 2 [Draft Valuation Rules ] provides for a mechanism to arrive at a value in case of distinct persons and related persons by following the same options as available in Rule 1. Issue While supply between distinct persons being covered by this… Read More »
Delete term ‘ open market value ’ from GST Valuation Rules – ICAI – GST Rules Issue 1
Delete the term ‘open market value’ from GST Valuation Rules Draft Valuation Rules introduces a new concept of ‘open market value’, to be the first value to be applied in case a transaction does not satisfy the requirements of Section 15 Issue It is a new and untested concept and is not even based on… Read More »
ICAI Suggestions on GST Rules Submitted to Govt of India
ICAI Submitted its Suggestions on GST Rules April 2017 Indirect Taxes Committee THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NEW DELHI The Institute of Chartered Accountants of India considers it a privilege to submit its suggestions on Draft Rules of Composition Input Tax Credit Rules Determination of Value of Supply, Transitional Provisions, Registration, Tax Invoice,Debit… Read More »
GST Video – IGST & Procedures (Payment, Return, Refund )
IGST & Procedures (Payment, Return, Refund) on 02.05.2017 by Indirect Committee of ICAI Other Related GST Video Related Post on GST Free Video GST Video -Live Webcast on Input Tax Credit & ITC Rules on 24th April, 2017 GST Video – Major Changes in existing CE & ST regime Vs proposed GST regime GST Video-… Read More »
Advantages of GST in India
Advantages of GST in India Here is the list of Advantages of GST in India Advantages of GST in India for Citizens: (i) Simpler tax system (ii) Reduction in prices of goods and services due to elimination of cascading (iii) Uniform prices throughout the country (iv) Transparency in taxation system (v) Increase in employment opportunities Advantages of… Read More »
GST FAQ’s in Punjabi – 31.03.2017
GST FAQ’s in Punjabi Download GST FAQ’s in Punjabi released by CBEC on 31.03.2017 GST FAQ’s in Telugu – 03.05.2017 GST FAQ’s in Marathi – 31.03.2017 GST FAQ’s in Assamese as on 31.03.2017 GST FAQ in Malyalam – as on 08.05.2017 GST FAQ in English – 31.03.2017 GST FAQ in Hindi; 31.03.2017
GST FAQ’s in Telugu – 03.05.2017
GST FAQ’s in Telugu Download GST FAQ’s in Telugu released by CBEC on 03.05.2017 GST FAQ’s in Marathi – 31.03.2017 GST FAQ’s in Assamese as on 31.03.2017 GST FAQ in Malyalam – as on 08.05.2017 GST FAQ in English – 31.03.2017 GST FAQ in Hindi; 31.03.2017
GST FAQ’s in Marathi – 31.03.2017 by CBEC
GST FAQ’s in Marathi GST FAQ’s in Marathi released by CBEC on 31.03.2017 GST FAQ’s in Assamese as on 31.03.2017 GST FAQ in Malyalam – as on 08.05.2017 GST FAQ in English – 31.03.2017 GST FAQ in Hindi; 31.03.2017
GST FAQ’s in Assamese as on 31.03.2017 – Download -Print
GST FAQ’s in Assamese Download GST FAQ’s in Assamese Related Post on GST GST FAQ in Malyalam – as on 08.05.2017 GST FAQ in English – 31.03.2017 GST FAQ in Hindi; 31.03.2017 Download -Print
GST FAQ in Malyalam – as on 08.05.2017
FAQ on GST in Malyalam Download FAQ on GST in Malyalam
Needs provisional ID to migrate to GST ? Contact Central Excise / Service Tax officer
Provisional IDs issued to Central Excise and Service Tax business entities registered in ACES till 31.01.2017 and not utilized by the entities are being cancelled as either not required or as non-usable. The IDs issued to entities registered in February and March 2017 or those IDs restored post State VAT cancellation are still active. In… Read More »
Staff Provident Fund in EPFO- Revised rate of interest – Q1 FY 2017-18
EMPLOYEES’ PROVIDENT FUND ORGANISATION No. HRD/3(2)2012/SPF/ 71 Dated 09.05.2017 To All Additional CPFCs, Zones & ACC (ASD) Director (PDUNASS), All RPFCs, Regional Offices Revised rate of interest – with regard to Staff Provident Fund in EPFO – regarding. Sir, Please find enclosed a copy of Resolution No. 5(1)-B (PD)/2017 dated 18.04.2017 issued by Ministry of… Read More »
Webinar on Insolvency and Bankruptcy Code 2016 held on May 04, 2017 by ICSI
Webinar series on Insolvency and Bankruptcy Code, 2016 held on May 04, 2017 Related Books on Insolvency and Bankruptcy / Best Book for Insolvency Professional Examinations ; Book 2017 Edition Insolvency and Bankruptcy Code 2016 Handbook for Insolvency Professional Examinations – Book 2017 Edition by G Sekar Guide to Insolvency and Bankruptcy Code 2016 – Taxmann… Read More »
Budget hotel owners make plea for 5% GST slab
Budget hotel owners make plea for 5% GST slab Budget hotel owners make plea for 5% GST slab A delegation of small-hotel owners led by Federation of Indian Chambers of Commerce and Industries (FICCI), on Thursday, made a representation before deputy chief minister and finance minister, Nitin Patel, seeking 5% or lower Goods and Service… Read More »
GST on Hotels and Restaurants in India – Analysis
GST on Hotels and Restaurants in India Analysis of GST on Hotels and Restaurants in India Restaurant /Hotel services are specified as composite supply As per Clause 6 of Schedule II (Activities to be treated as supply of goods or services of CGST Act 2017 ) The following composite supplies shall be treated as a supply of… Read More »
Sushil Chandra reappointed as Chairman of CBDT
F.No.A.12026/6/2017-Ad.I Government of India Ministry of Finance Department of Revenue Office Order No. 100 /2017 The President of India is pleased to re-appoint Shri Sushil Chandra, IRS (IT:80001),Chairman, Central Board of Direct Taxes (CBDT) as Chairman of the Central Board of Direct Taxes (CBDT) in the Department of Revenue, Ministry of Finance for a period… Read More »
Clarification on Recently Notified Maternity Benefit (Amendment) Act 2017
Press Information Bureau Government of India Ministry of Labour & Employment 08-May-2017 16:46 IST Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crèche… Read More »
Quarterly filing of returns not workable under GST: Arun Jaitley
Quarterly filing of returns not workable under GST: Arun Jaitley Finance Minister Arun Jaitley on Monday said that the quarterly filing of returns under the Goods and Services Tax (GST) was not workable for taxpayers above Rs 50 lakh turnover. “For all tax payers it is not workable to have quarterly return because input tax… Read More »
Traders with old stock won’t get tax benefit under GST
Industrialists have raised serious concerns about difficulties in the transition to Goods and Services Tax (GST) to be implemented from July 1. Trade bodies have expressed concern about the fate of old stock under GST. As per the transition provision, Input Tax Credit (ITC) will not be available to dealers with stock older than a… Read More »
GSTN enrolment shut for now, reopening soon: CBEC
The government has closed the enrolment of tax assessees, for now, on the Goods and Services Technology Network (GSTN), the IT backbone of GST, for technical reasons, Central Board of Excise and Customs chairman Vanaja N Sarna said. Not specifying a new date for reopening of the enrolment, the CBEC chairman said the window will… Read More »
Refund claim of service tax paid by mistake couldn’t be rejected due to expiry of time period
Held In the instant case, the amount deposited by the assessee-Appellants without any authority of law cannot be considered as Service Tax. As per Article 265 of the Constitution, no tax can be collected without any authority of law. At the relevant time, there was no authority of law to collect Service Tax on the… Read More »
Guide to Insolvency and Bankruptcy Code 2016 – Taxmann – 2017 Edition Book
Guide to Insolvency and Bankruptcy Code 2016 This Book on Guide to Insolvency and Bankruptcy Code 2016 Also Incorporating: Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations,2016 Insolvency and… Read More »
Digital Signature Certificate (DSC) Ready Reckoner -Book 2017 – FCA Rahul Agrawal
Digital Signature Certificate (DSC) Ready Reckoner Paperback – 2017 by FCA Rahul Agrawal (Author), One Solution for all your DSC/Token/Java Related Query/ Error/Confusion(Preface) We are aware of fact that in day to day activities, use of digital signature is increasing and users are facing a lot of difficulties in using digital signature. Even people think… Read More »
Goods & Services Tax Laws – GST by CA.Chitresh Gupta, CA. Shilpi Gupta -Young Global’s Book
Young Global’s Goods & Services Tax Laws GST by CA.Chitresh Gupta, CA. Shilpi Gupta Paperback – 2017 by CA. Shilpi Gupta CA.Chitresh Gupta (Author), Addon Digital Services (Photographer) Price Rs 754 Click to buy Online Publisher: Young global Publication (2017) Related Books on GST Topic Books GST Act 2017 Guide to GST – April 2017… Read More »
Simplified Approach to GST -READY REFERENCER 2017-Book-CA Raman Singla
Simplified Approach to GST A READY REFERENCER 2017 Paperback – 2017 by CA Raman Singla (Author), Pallavi Singla (Author) This book gives you an easy and comprehensive understanding of the GST law applicable in India. The name of the book itself suggests its target to create a simplified understanding on the subject of GST. It… Read More »
Indian Law of Marriage and Divorce -Book 2017 -Kumud Desai -Lexis Nexis
Indian Law of Marriage and Divorce Hardcover – 24 Apr 2017 by Kumud Desai (Author) This book on Indian Law of Marriage and Divorce is a compilation of marriage and divorce laws from various personal laws as well as secular statues of the country such as Hindu Marriage Act, Indian Divorce Act and Special Marriage Act etc.… Read More »
Benefit of 2 Years weightage of Service under Employees Pension Scheme
summary Where the date of leaving service is before 24.07.2009 benefit of 2 years weightage of service will be given even if a member had opted for pension before attaining 58 years of age, Telephone: 26196236 EMPLOYEES PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head office Bhavishya Nidhi Bhawan, 14, Bhikaji… Read More »
Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 8
‘Ind AS Transition Facilitation Group’ (ITFG) of Ind AS (IFRS) Implementation Committee has been constituted for providing clarifications on timely basis on various issues related to the applicability and/ or implementation of Ind AS under the Companies (Indian Accounting Standards) Rules, 2015, raised by preparers, users and other stakeholders. Ind AS Transition Facilitation Group (ITFG)… Read More »