CAclubindia News

Persons liable to file Statement of Financial Transaction (SFT)

25 May 2017 at 12:16

Posted in Income Tax | 12 comments | 33852 Views

Addendum to the GST rate schedule for goods

25 May 2017 at 11:06

ADDENDUM TO THE GST RATE SCHEDULE FOR GOODS[As per discussions in the GST Council Meeting held on 18th May, 2017]I. The following amendments / additions are required to be made to the aforesaid document:1. In S.No.22,-(i) In the Nil rate column, the

Posted in GST | 4827 Views

IT dept steps up actions against Benami Property holders

25 May 2017 at 11:06

Income Tax Department Steps-up actions under Benami Transactions (Prohibition) Amendment Act, 2016 The Income-tax Department (ITD) has initiated actions under the new Benami Transactions (Prohibition) Amendment Act, 2016 (the Act) w.e.f. 1st November

Posted in Income Tax | 1 comments | 3204 Views

Cabinet approves phasing out Foreign Investment Promotion Board

25 May 2017 at 11:06

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the phasing out of Foreign Investment Promotion Board (FIPB). The proposal entails abolishing the FIPB and allowing administrative Ministries/Departments to

Posted in Others | 2061 Views

Lower tax incidence on entertainment under GST

24 May 2017 at 09:44

Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax Service providers shall be eligible for full Input Tax Credits (ITC) of GST paid in respect of inputs and input servicesTaxes on entertainments and amusements (covered b

Posted in GST | 1 comments | 3534 Views

GST will lead to lower tax burden says Govt

23 May 2017 at 11:13

Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments The roll out of Goods and Services (GST) Tax will bring benefi

Posted in GST | 1 comments | 3153 Views

GST rate chart on Services and exempted items

20 May 2017 at 14:44

GST rate chart on Services and exempted items Download GST rate chart on Services and exempted items

Posted in GST | 8 comments | 59715 Views

GST rate schedule for goods as decided on 18th May

19 May 2017 at 11:38

GST RATE SCHEDULE FOR GOODS[As per discussions in the GST Council Meeting held on 18thMay, 2017]The fitment of rates of goods were discussed today during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly appr

Posted in GST | 9780 Views

GST rules as approved by GST Council on 18th May, 2017

19 May 2017 at 11:38

Composition Rules Valuation Rules Transition Rules ITC Rules Revised Invoice Rules Revised Payment Rules Revised Refund Rules Revised Registration Rules Revised Return Rules

Posted in GST | 12777 Views