Others News

Banking hours open till midnight on 31st March

31 March 2016 at 10:57

In view of closing of the current financial year and to facilitate the tax-payers in payment of taxes, the Reserve Bank of India has issued instructions vide notification RBI/2015-16/342 dated March 17, 2016 directing all agency banks to keep the cou

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MCA notifies CARO 2016

31 March 2016 at 10:57

MCA notifies CARO 2016PFA the attachment for details

Posted in Others | 5 comments | 14421 Views

Central Govt. cuts PPF interest rate to 8.10% from 8.7%

20 March 2016 at 11:56

Interest Rates on various Small Savings Schemes for the 1st Quarter of 2016-17 notified;. Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC e

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Real estate bill becomes a reality

16 March 2016 at 11:15

Lok Sabha clears Real Estate Bill as passed by Rajya Sabha Shri Venkaiah Naidu clarifies various issues of the Bill Real Estate Bill is Prime Minister’s Gift to the Nation, says Shri NaiduThe Bill shall have a bearing on the ongoing projects an

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No change in the existing tax treatment of PPF after budget

01 March 2016 at 17:17

Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS) There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment

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Budget Highlights Indirect taxes

01 March 2016 at 11:48

Amendments made effective immediately� The Clean Energy cess is to be renamed as Clean Environment cess. The effective rate of Clean Energy cess proposed to be increased from Rs.200 per tonne to Rs.400 per tonne .� Infrastructure cess is to

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Significant changes in International Taxation after Budget

01 March 2016 at 11:48

Significant Budget Highlights 2016-17- International Taxation 1. Increase in Surcharge Surcharge is increased from 12% to 15% in case of non-resident individuals

Posted in Others | 4 comments | 12876 Views

ICAI reacts to Budget 2016

01 March 2016 at 10:23

ICAI Reaction: Union Budget 2016-17 Small Taxpayers Reducing income-tax burden by Rs.3,000 for small tax payers by increasing rebate under section 87A; Increasing deduction for rent payment under section 80GG to Rs. 60,000/-; Introducing

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Tax Proposals aims at Boosting Economic Growth and Employment Generation

29 February 2016 at 15:26

The Union Finance Minister Shri Arun Jaitley announcing the tax proposals in the Union Budget today said boosting employment generation through economic growth is a main objective behind these proposals.

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Measures for moving towards a pensioned society

29 February 2016 at 14:55

Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make

Posted in Others | 6957 Views