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Old 05-06-2017, 03:40 PM
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Shilparana Shilparana is offline
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Join Date: Sep 2014
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Default Latest India Tax News 6 May 2017

1. CBDT proposes norms for tax benefits for genuine equity deals specifying certain eligible transactions for tax exemption on which STT was not paid To check tax evasion through “sham transactions” in stock market and protect genuine one.

2. VAT filing date in haryana state extended till 15th of may, 2017.

3. Finance ministry has extended the time limit for providing Permanent Account Number (PAN) or Form No. 60 by bank account holders who have not given it at the time of account opening or later to June 30, 2017.

4. The Insolvency and Bankruptcy Board of India has constituted a Technical Committee in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations, 2017.

5. All Banks will remain closed, every Saturday from 1st June onwards. The RBI has approved 5 days Working for Banks. Now Timings will be 9:30 am to 5:30 pm.

6. NICAI is organising a Two night/Three days Residential Seminar on Cash Transactions/ Benami Properties and GST at Kasauli (HP) by CA Girish Ahuja ji, CA Puneet Agarwal ji and CA R K Bhalla Ji from 26-28 May, 2017. Fee Rs 5500/-. For booking call 9811081083 or mail


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