Ministry of Finance Opening of bank branches in villages Posted On: 06 MAR 2018 6:05PM by PIB Delhi Reserve Bank of India (RBI), vide, its circular dated 8.6.2017 advised all the State Level Bankers’ Committees (SLBCs) Convenor Banks to review and identify Unbanked Rural Centres (URCs) in villages with population above 5000 and ensure that… Read More »
Ministry of Finance Agreement with other Countries on Money Laundering Information Posted On: 06 MAR 2018 6:06PM by PIB Delhi The Government of India has entered into Double Taxation Avoidance Agreements (DTAAs), Tax Information Exchange Agreements (TIEAs) and Multilateral Convention on Mutual Administrative Assistance in Tax Matters (MAC) with over 130 countries including tax havens.… Read More »
Ministry of Finance Participation of States in E-Way Bill System Posted On: 06 MAR 2018 6:07 PM by PIB Delhi All States have joined the Government’s centralized e-way bill system for inter-State transport of goods by road under the GST regime. Accordingly, the Government, on the recommendations of the GST Council, appointed the 1st day… Read More »
Ministry of Finance Partial Withdrawal under NPS Posted On: 06 MAR 2018 6:08PM by PIB Delhi The Pension Fund Regulatory Development Authority (PFRDA) has relaxed the norms for partial withdrawal under the National Pension Scheme (NPS). In accordance with the PFRDA (Exits and Withdrawals under the National Pension System) (First Amendment) Regulations 2017, the subscriber… Read More »
Issue The Assessing Officer had issued notice under Section 147/148 of the Act to M/s Sky Light Hospitality Pvt. Ltd. and not in the name of Sky Light Hospitality LLP. [ Note : Sky Light Hospitality Pvt. Ltd. was converted into LLP ] Held Error or mistake in addressing the notice under Section 147/148 of the Act… Read More »
Ministry of Corporate Affairs NFRA to have power to impose penalty on audit firms Posted On: 06 MAR 2018 5:43PM by PIB Delhi The Chartered Accountants Act, 1949 (Act) provides for imposition of penalties on members of the Institute of Charted Accountants of India (ICAI). The ICAI had submitted a proposal to the Government for… Read More »
Ministry of Corporate Affairs 199 companies face penalty for non-compliance of CSR norms Posted On: 06 MAR 2018 5:44PM by PIB Delhi The Government has accorded permission for initiating penal action against 199 companies for non-compliance of provisions of section 135 read with section 134 (3) (o) of the Act. This was stated by Shri… Read More »
New Releases in Books on Tax, GST & Law in India Price Rs 295 Click to buy online Price Rs 495 Click to buy online View contents of this book Taxmann’s Book GST Works Contract & Other Construction Contracts 2018 Price Rs 1995 Click to buy online View Contents of Taxmann’s Professional’s Guide to GST… Read More »
Income Tax Slab Rates FY 2017-18 : AY 2018-19 : Individual Persons : Taxheal.com
Attention Exporters: Provide complete and correct Shipping Bill Number while filing Table 6A of GSTR-1, to ensure that the GST System transmits the export invoice data, in case of export of goods with payment of IGST, to ICEGATE for refund.