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Latest India Tax News 4th November 2016

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  • Latest India Tax News 4th November 2016

    • MCA e-forms- MGT-7 and GNL-4 are revised on MCA21 portal w.e.f. 03.11.2016.
    • Proposed GST Rates. Food items-0%, Essential items-5%, Luxary cars,FMCG, cigarettes-28%+cess, Most items-18%, Others-12%. Rate on Gold pending.
    • Under GST For proper communication, give Email address & mobile no of responsible person in business during GST enrolment. Separate registration of CA etc.
    • CBEC Notification No. 134/2016-Customs (N.T.) New Delhi, dated the 2nd November, regarding Deferred Payment of Import Duty Rules, 2016.
    • The post Deferred Payment of Import Duty Rules, 2016 appeared first on TaxGuru.
    • EPFO has decideded that PF and pension payments to members or EPF Scheme 1952 and EPS 1995 are made on the date of retirement Itself.
    • RBI vide Notification has allowed startups to raise up to $3 million each via external commercial borrowing (ECB) route.
    • The Directorate General of Foreign Trade (DGFT) has tightened the rules for export houses which wish to import gold.
    • The Chartered Accountants’ Students Benevolent Fund (CASBF) has decided to provide financial assistance of Rs. 1500/- pm for IPCC and Rs. 2000/- PM for final course students.
    • ICAI candidates can bring to the notice of the Exam Dept, their observations on the question papers relating to CA Exam being held in Nov 2016, by e-mail at examfeedback@icai.i
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