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CBDT vide letter dated 8th May 2015 to the Principal Chief Commissioner, Director Generals etc pointing out that the number of existing income tax payers is low compared to the potential and that the gap be wider in tier-II cities and towns.
RBI has laid down the modalities for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) as Government of India; MOF intends to roll out schemes from June 1, 2015.
RBI has modified Master Circular on willful defaulters of bank.
The ICAI has hosted on www.icai.org guidance note on accounting for derivative contracts. It is applicable for accounting periods beginning on or after 1 April 2016.
IRDA has notified the IRDAI (Transfer of Equity Shares of Insurance Companies) Regulations, 2015 which shall come into force from the date of notification.
Today (15-05-2015) is last day to file TDS/TCS returns for Q4 of 2014-2015 by all deductors including government deductors.
CBDT has issued procedure for response to arrear demand by taxpayer and verification and correction of demand by assessing officers.
Finance bill 2015 gets presidential assent on 14.05.2015 and becomes Finance Act 2015. Now service tax 14% will be notified at any time.
Today (15-05-2015) is last day to file form DVAT-16, DVAT-17 and DVAT-48 for Q4 of 2014-2015. [Circular No. 2 of 2014-2015].
SC cleared desk for constitution of NCLT and NCLAT by observing that NCLT will be examining not only question of law but will also trash out question of facts and likewise NCLT will while hearing the appeal shall also be examining the validity NCLT orders not only on question of fact and also legal issue and hence discarded the arguments that like NTT, NCLT and NCLAT be declared unconstitutional.
Rajya Sabha approved a bill to amend the Companies Act with an aim of promoting ease of doing business. Finance minister said that the law will be reviewed further by an expert committee to be set up shortly to see where the shoe still pinches.
The department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India, has issued the consolidated FDI policy which is effective from May 12, 2015.
RBI has laid down the modalities for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) as Government of India; MOF intends to roll out schemes from June 1, 2015.
RBI has modified Master Circular on willful defaulters of bank.
The ICAI has hosted on www.icai.org guidance note on accounting for derivative contracts. It is applicable for accounting periods beginning on or after 1 April 2016.
IRDA has notified the IRDAI (Transfer of Equity Shares of Insurance Companies) Regulations, 2015 which shall come into force from the date of notification.
Today (15-05-2015) is last day to file TDS/TCS returns for Q4 of 2014-2015 by all deductors including government deductors.
CBDT has issued procedure for response to arrear demand by taxpayer and verification and correction of demand by assessing officers.
Finance bill 2015 gets presidential assent on 14.05.2015 and becomes Finance Act 2015. Now service tax 14% will be notified at any time.
Today (15-05-2015) is last day to file form DVAT-16, DVAT-17 and DVAT-48 for Q4 of 2014-2015. [Circular No. 2 of 2014-2015].
SC cleared desk for constitution of NCLT and NCLAT by observing that NCLT will be examining not only question of law but will also trash out question of facts and likewise NCLT will while hearing the appeal shall also be examining the validity NCLT orders not only on question of fact and also legal issue and hence discarded the arguments that like NTT, NCLT and NCLAT be declared unconstitutional.
Rajya Sabha approved a bill to amend the Companies Act with an aim of promoting ease of doing business. Finance minister said that the law will be reviewed further by an expert committee to be set up shortly to see where the shoe still pinches.
The department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India, has issued the consolidated FDI policy which is effective from May 12, 2015.