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Most of the issues have been resolved in GST says FM

   12 January 2017 at 10:59

On demonetization, Finance Minister Shri Arun Jaitley says that difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them. Stressing the implementation of GST, FM says that most of the issu

Posted in GST  1 comments |   8562 Views


Exposure Draft of Ind AS Taxonomy for Comments

   11 January 2017 at 11:14

As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS) which are converged with International Financial

Posted in Accounts |   4788 Views


Initiatives to increase non fare revenue in railways launched

   11 January 2017 at 11:14

Initiatives to Increase Non-Fare Revenue and To Promote Ease of Ticketing Through Digital Transactions LaunchedMinister of Railways Shri Suresh Prabhakar Prabhu inaugurated the following policy initiatives viz., Policy Initiatives of Increasing Non

Posted in Community & General |   3066 Views


Condonation of delay in submission of Forms related to Chartered Accountants Regulations, 1988

   11 January 2017 at 11:14

The rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988Documents to be submitted in case of delay in submission of following Forms:

Posted in Professional Resource  2 comments |   4722 Views


Direct tax collection upto December shows 12.01% growth

   11 January 2017 at 11:14

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesDirect Tax Collections up to December, 2016 show Growth of 12.01% The figures for Direct Tax collections up to December, 2016 show that revenue net of refunds is

Posted in Income Tax |   2118 Views


IT dept awarded for efiling of IT returns project

   11 January 2017 at 11:14

Income Tax Department receives Silver Award for e-filing of Income Tax Returns project in the National Awards on e-Governance 2016-17. The Income Tax Department is proud to announce that it has been conferred the Silver Award in the National Awards o

Posted in Income Tax  3 comments |   3543 Views


No charges on use of cards at petrol stations

   10 January 2017 at 10:35

No additional levy on use of cards at petrol stations says Petroleum Minister MoS (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan said neither the customers nor petrol pump dealers will bear additional charges on digital transactions at

Posted in Service Tax |   4839 Views


CBEC initiates process of migration of existing Central excise and Service tax assessee

   10 January 2017 at 10:35

To ensure implementation of GST by 1st April, 2017, Central Board of Excise & Customs (CBEC) has initiated the process of migration of its existing Central Excise/Service Tax assessees to GST from today. A 24x7 Helpdesk (Through Toll-Free number

Posted in Service Tax  1 comments |   16617 Views


More than 10 million downloads of BHIM app in 10 days

   09 January 2017 at 18:05

PM delighted over 10 million downloads of BHIM App in 10 daysThe Prime Minister Shri Narendra Modi has expressed delight over 10 million downloads of BHIM App in a span of 10 days." Delighted to know that in a span of 10 days there have been ove

Posted in Community & General  1 comments |   5046 Views


Tax collection figures for the period April to December 2016 show a positive trend

   09 January 2017 at 18:05

Tax collection figures for the period April -December 2016 show a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year i.e. April-December 2015Direct Tax and Indirect tax collection figu

Posted in Income Tax  3 comments |   2178 Views



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