GST Actionable Claim On Branded Food Products

23 September 2017 at 13:16

Notification Issued For GST Actionable Claim On Branded Food Products The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, inter alia, recommended that for 5% GST rate on cereals, pulses and flours etc. put up in unit co

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Posted in GST 1 comments |   147 hits


Tax Payers Advised To Confirm Identities Of Income Tax Search Authorities

23 September 2017 at 13:16

The Income Tax Department in the Delhi region regularly conducts search/survey/verification exercises in case of suspected tax evaders to uncover concealment of undisclosed income/assets as per the law.However, instances have been brought to the noti

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Posted in Income Tax |    0 comments |   87 hits


Blockage of Working Capital of Exporters

23 September 2017 at 13:16

There are lot of apprehensions expressed in the media about the problem of blockage of working capital for exporters post-GST. There are various figures also being discussed on the blockage of such funds, which are wild estimates. Such media reports

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Posted in GST |    0 comments |   103 hits


Clarification about 65000 crore transitional credit

23 September 2017 at 13:16

There are lot of speculations in the media about the credit of Rs. 65,000 crore claimed by taxpayers in respect of Central Excise and Service Tax in the pre-GST period. Some people are under the impression that because of Rs. 65,000 crore claimed as

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Posted in GST 2 comments |   119 hits


Submission of GST Tran-1 period extended till 31st October

22 September 2017 at 10:56

F. No. 349/58/2017-GST Government of India Ministry of Finance Department of Revenue Central Board ofFrise and Customs New Delhi, the 21st September. 2017 Order No. 03/2017-GST Subject: Extension of time limit for submitting the declaration in FORM G

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Posted in GST 7 comments |   6663 hits


Form 67 enabled in efiling for claiming foreign tax credit

22 September 2017 at 10:46

DGIT(S)-ADG(S)-3/e-filing notification/form67_____ /2017 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No 9 New Delhi 19th September, 2017 Procedure for filing Statement of inc

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Posted in Income Tax |    0 comments |   130 hits


New Registration process for effective communication between taxpayer and department enabled

22 September 2017 at 10:46

New Registration process to facilitate effective communication between the taxpayer and department is enabled. The existing e-Filing users are required to update their profile by logging into e-Filing account. Users who have registered already and no

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Posted in Income Tax 4 comments |   414 hits


Invitation for empanelment as Examiners for CA Exams

22 September 2017 at 10:46

Applications are invited from eligible members of the Institute and other professionals including academicians of reputed educational institutions, tax and legal practitioners etc., having a flair for academic activities including valuation of answer

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Posted in Exams |    0 comments |   145 hits


Shifting from one Elective Paper to another in new course

21 September 2017 at 10:48

Board of StudiesSub: Shifting from one Elective Paper to another Elective Paper under Revised Scheme of Education and Training.Students of Final (New) Course may please note that under the Revised Scheme of Education and Training, the students will b

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Posted in Students |    0 comments |   270 hits


GST rate for branded cereal, pulses and flour

21 September 2017 at 10:47

The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, interalia, recommended that for 5% GST rate on cereals, pulses and flours etc. put up in unit container and bearing a registered brand name: a) A brand registered as o

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Posted in GST |    0 comments |   752 hits


Voluntary reporting of estimated current income and advance tax liability

20 September 2017 at 10:18

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 19th September, 2017Voluntary reporting of estimated current income and advance tax liabilityA taxpayer who is liable to discharge part of its tax liab

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Posted in Income Tax 3 comments |   6886 hits


Extension of date empanelment of members to act as observers in CA exams

19 September 2017 at 10:50

13-CA (Exams)/Observer Empanel /November - December - 2017 IMPORTANT ANNOUNCEMENTsub: Extension of date empanelment of members to act as observers for November / December 2017 examinations up to 25th September, 2017In continuation to the announcement

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Posted in Exams |    0 comments |   305 hits


India's external debt stood at 471.9 billion dollars

18 September 2017 at 10:51

Ministry of Finance releases India-s -External Debt: A Status Report 2016-17-;India-s External Debt stock stood at US$ 471.9 billion at end-March 2017, decreasing by US$ 13.1 billion (2.7 per cent) over the level at end-March 2016. The 23rdIssue

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Posted in Others |    0 comments |   275 hits


Seventh amendment to the CGST Rules, 2017

18 September 2017 at 10:51

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and CustomsNotification No. 34/2017 - Central TaxNew Delhi, the 15th Septe

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Posted in GST |    0 comments |   1799 hits


Practical training after passing one group for Intermediate Students

18 September 2017 at 10:51

Pursuant to the amendment in CA Regulations, 1988, a candidate who has passed either or both the Groups of Intermediate (Integrated Professional Competence) Examination can commence their Practical Training.In other words, now students of Intermediat

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Posted in Students 2 comments |   422 hits


Exposure draft of new ICSI Syllabus

18 September 2017 at 10:51

The revision of syllabus is a continuous process towards capacity building, knowledge enhancement and skills development of the students. The evolving corporate paradigm, regulatory reforms and the advancement in technology necessitate the revision o

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Posted in Students |    0 comments |   349 hits


MACS adopts Secretarial Standard issued by ICSI

15 September 2017 at 11:02

Malaysian Association of Company Secretaries (MACS) to adopt the Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) as the benchmark. The Ministry of Corporate Affairs has approved a request of the Malaysian Associat

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Posted in Corporate Law 2 comments |   364 hits


MOU between MCA and CBDT for automatic exchange of information

15 September 2017 at 11:02

MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money la

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Posted in Others |    0 comments |   365 hits


CBDT asked to include service charge while assessing tax

14 September 2017 at 10:37

CBDT has been asked to consider inclusion of Service Charge while assessing tax: Shri Ram Vilas Paswan Shri Ram Vilas Paswan, Union Minister for Consumer Affairs, Food & Public Distribution told that in order to check the levying of Service Charg

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Posted in Income Tax |    0 comments |   557 hits


FAQ and MCQ on GST by ICAI

14 September 2017 at 10:37

Levy and Collection of TaxFAQ-sScope of supply (Section 7)Section 7 of the Central Goods and Services Tax Act, 2017 (-the CGST Act, 2017- or -the CGST Act-) made applicable to IGST vide Section 20 of the Integrated Goods

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Posted in GST 3 comments |   1631 hits






Updated on : 24/09/2017 01:09:01


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