CAclubindia News

Gold Monetisation Scheme liberalized to make it more attractive

02 April 2016 at 11:26

Gold Monetisation Scheme Liberalized to make it more attractive for potential depositors. Government had launched the Gold Monetisation Scheme (GMS) on 5th November, 2015. Thereafter a number of modifications have been made in the scheme to facilita

Posted in Others | 3 comments | 6510 Views

MVAT rate changed to 5.5 percent

02 April 2016 at 11:26

FINANCE DEPARTMENTMadam Cama Marg, Hutatma Rajguru Chowk, Mantralaya,Mumbai-400032, dated the 30th March 2016.NOTIFICATIONMAHARASHTRA VALUE ADDED TAX ACT, 2002.No. VAT. 1516/C.R. 31/Taxation-1.—In exercise of the powers conferred by sub-section

Posted in VAT | 1 comments | 19215 Views

CBDT requests Taxpayers to use Online rectification facility

02 April 2016 at 10:40

Income-tax Act provides the taxpayer with an option to seek rectification of mistakes apparent from record under section 154 of the Act. The e-filing portal of the Income Tax Department provides the utility for online filing and tracking of rectifica

Posted in Income Tax | 1 comments | 8811 Views

ICAI President's Message - April 2016

01 April 2016 at 11:02

Quality of professionalism imparts that success emanates as a by-product of righteous work. Let us believe in the Shrimad Bhagavad Gita’s sermon: No one who does good work will ever come to a bad end, either here or in the world to come.

Posted in Professional Resource | 1 comments | 9393 Views

CBDT notifies new ITR forms for AY 2016-17

01 April 2016 at 08:38

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 30th day of March, 2016 Income-t

Posted in Income Tax | 5 comments | 14868 Views

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

Posted in Others | 11403 Views

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

Revised Company eforms notified

29 March 2016 at 11:13

The Company e-Forms have been revised on MCA portal effective 27th March 2016. You are advised to download the latest version of forms from �Company Forms Download� page on the MCA portal. The previous version of Company e-forms will not

Posted in Corporate Law | 1 comments | 9849 Views

Inclusion of interest income in the return

24 March 2016 at 13:49

Information regarding interest earned by individuals and business entities on term deposit is filed with the Income Tax Department by banks including co-operative banks and other financial institutions and State treasuries etc. Form 26AS reflects on

Posted in Income Tax | 4 comments | 15135 Views

Govt constitutes committee on issues related to excise duty on jewellery

22 March 2016 at 11:14

Government constitutes a Sub-Committee under the aegis of the High Level Committee (HLC) on issues related to excise duty on different articles of jewellery imposed in Budget 2016-17; Committee to submit its Report within sixty days In the Union Bud

Posted in Excise | 11694 Views