Month: November 2016
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: …
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 …
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 …
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 …
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 …
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 …
Protocol amending DTAC between India and Japan. The Convention was originally signed on 07-03-1989 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 9th November, 2016. Sub: Notification of Protocol amending the Double Taxation Amending Convention (DTAC) between India …
Revised drawback rebate rates-State Levies on Garments Export. Custom Circular and Ministry of Textile Notification Circular No. 51/2016-Customs F.No.609/75/2016-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise and Customs Drawback Division New Delhi, dated 09 November, 2016 To All Pr. Chief Commissioners / …
Service tax payment-registration by online information provider located in non-taxable territory to non-assesse online recipient GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 48/2016-Service Tax, New Delhi, the 9 th November, 2016 G.S.R….. (E). – In exercise of the powers conferred by sub-section (1), read …
Service tax compliance liability on online information database access-retrieval service provider from non-taxable territory to taxable territory. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 49/2016-Service Tax New Delhi, the 9 th November, 2016 G.S.R.____(E).-In exercise of the powers conferred by sub-section (2) of section …