Daily Archive: Thursday, November 10, 2016

Train Ticket Cancellation refund not in cash for Rs 10,000 and above for the tickets booked from 09.11.2016 to 11.11.2016-Railway Board Circular

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Train Ticket Cancellation refund not in cash for Rs 10,000 and above for the tickets booked from 09.11.2016 to 11.11.2016-Railway Board Circular COMMERCIAL CIRCULAR No. 59 of 2016 GOVERNMENT OF INDIA MINISTRY OF RAILWAYS RAILWAY BOARD No. TC-II/2003/2016/refund                      

 

Tax Reforms Process to continue-pending GST issues to be resolved. Major issues have been resolved and GST will be implemented by April 1st 2017

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Tax Reforms Process to continue-pending GST issues to be resolved. Major issues have been resolved and GST will be implemented by April 1st 2017 Ministry of Finance Press Release 10th November, 2016 FM: Process of Tax Reforms will continue and pending GST issues will be resolved soon. FM: No

 

Old notes acceptable for government fees charges taxes penalties including payments to Municipal-local bodies up to 11-11-2016 midnight

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Old notes acceptable for government fees charges taxes penalties including payments to Municipal-local bodies up to 11-11-2016 midnight Ministry of Finance Press Release 10th November, 2016 Old demonitised 500 & 1000 rupee notes will be accepted for making payments towards fees, charges, taxes and penalties payable to the Central

 

No harassment by Income Tax for small cash deposits up to 2 lakhs by small businessmen, housewives, artisans, workers

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No harassment by Income Tax for small cash deposits limited up to 2 lakhs by small businessmen, housewives, artisans, workers-Revenue Secretary Ministry of Finance Press Release 10th November, 2016 Replies given by Revenue Secretary Dr. Hasmukh Adhia on the questions relating to action by Income Tax Department in respect

 

Bank accounts with cash transactions income-tax e-filing website new feature to report-monitor the conversion of black money

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Bank accounts with cash transactions income-tax e-filing website new feature to report-monitor the conversion of black money on bank note withdrawals.   Income Tax Department has launched a new feature in its e-filing website portal for capturing and generating reports of bank/financial institution wise cash transactions done by the

 

Service tax exemption withdrawal on cross border B2C OIDAR services provided online/electronically from a non-taxable territory to consumers in India

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Service tax exemption withdrawal on cross border B2C OIDAR services provided online/electronically from a non-taxable territory to consumers in taxable territory in India Circular No. 202/12/2016-Service Tax F.No. 354/149/2016-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) Dated the 9th November, 2016 To, Principal Chief

 

ICAI pledges its support to PM in curbing Black Fake and Terror money

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ICAI pledges its support to PM in curbing Black Fake and Terror money ICAI Announcement Institute of Chartered Accountants of India (ICAI) has pledged its support to the historic step taken by the Hon’ble Prime Minister to curb the Black, Fake and Terror money by withdrawing bank notes of 500