SOP on rehabilitation of children in conflict with law developed by WCD Ministry The Ministry of Women and Child Development has developed a Standard Operating Procedures (SOP) for rehabilitation of children in conflict with law under the Juvenile Justice System. The said SOP aims to emphasize the cause of rehabilitation and social re-integration by providing… Read More »
No C-1/4(1)2017/Enrolment Campaign/327 Dated 11.05.2017 Sub:- Confirmation regarding receipt of full dues within 15 days in respect of declarations made under Employees’ Enrolment Campaign, 2017
Notice 2017-31 provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average segment rates under § 430(h)(2) of the Internal Revenue Code. In addition, this notice provides guidance as to the interest rate on 30-year Treasury securities under § 417(e)(3)(A)(ii)(II) as in effect… Read More »
Documents and devices to be carried by a person-in-charge of a conveyance ( Refer Draf GST E way Bill ) Issue When invoice is already issued, issuance of e-way bill increases the compliance at the time of removal of goods. This is not in line with ease of doing business. Hence, comprehensive suggestion is made… Read More »
Q&A on Goods & Services Tax (GST) with Dr. Hasmukh Adhia (in Hindi) Streamed live on May 1, 2017 LIVE Q&A on GST in Hindi (Goods and Services Tax) with Dr. Hasmukh Adhia, Revenue Secretary, Ministry of Finance, Government of India. In this questions and answers session, Dr Hasmukh Adhia clears doubts of businessmen on… Read More »
Draft ICDS on Real Estate Transactions CBDT invited comments on Draft ICDS on Real Estate Transactions as per following press release dated 11.05.2017. PDF Copy of Draft ICDS on Real Estate Transactions is also provided below :- Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th May,… Read More »
Income Tax Department simplifies linking PAN with Aadhaar As per the Following Press release by CBDT, Linking PAN with Aadhaar has been made easy ! Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes New Delhi, 11th May, 2017 The Income Tax Department has made it easy for taxpayers to… Read More »
E-Way Bill required to be simplified Rule 1 (Draft GST E-Way Bill Rules ) requires the use of e-Way bill for all removals including those involving supply. Issue When invoice is already issued, issuance of e-way bill increases the compliance at the time of removal of goods. This is not in line with ease of… Read More »
Cross-references rule number incorrect Rule 2(5) of draft GST return rules refers to ISD invoice ‘…. issued under rule 7….” However, there appears to be an error as ISD invoice is referred in rule 6 and not 7 Suggestion It is suggested that said rule be amended by making the reference to “rule 6”instead of… Read More »
Consequence of delay in filing hardcopy of appeal Rule 4(2) of the draft GST Appeals & Revision Rules requires filing of hardcopy of appeal within 7 days. But the said rules does not provide for the consequences of delay in filing of an appeal. Issue There may be bona fide reasons for not filing with… Read More »