Announcement

Collapse
No announcement yet.

Latest India Tax News 17 December 2016

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Latest India Tax News 17 December 2016

    1. Pradhan Mantri Garib Kalyan Yojna where in 50% tax, surcharge, penalty and 25% deposit for four years is stipulated for disclosure of cash or deposit in bank, shall come into force from 17-12-2016 and shall be in force till 31-03-2017. [Notification No. 115/2016 dated 16-12-2016].
    2. MCA has issued the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 which shall be come into force with effect from 15th December, 2016.
    3. The Insolvency and Bankruptcy Board of India notifies Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 notified.
    4. VAT Dealers of Chandigarh, Delhi, Haryana, Himachal, J&K, Punjab, Rajasthan, Uttarakhand & UP start Enrolment at www.gst.gov.in w.e.f TODAY (16 Dec).
    5. In Revised Draft GST Law, Securities has been excluded from definitions of Goods & Services. So no GST will be applicable on shares, bonds etc.
    6. RBI has advised all the Regulated Entities (REs) to strictly comply with the extant instructions stipulated in the Master Direction on Know Your Customer (KYC).
    7. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval of the MoUs signed in 2008 and 2011 and the renewal of Memorandum of Understanding (MoU) between the (ICAI) and College of Banking and Financial Studies (CBFS), Oman.
    8. Please join seminar on IND AS on 24 December (Sat) at 9.45 AM at NDMC Convention Centre, CP, Delhi www.nircseminars.org.
Working...
X