Author: administrator

Potential cases for prosecution u/s 276CC identified for failure to furnish return of income.

Potential cases for prosecution u/s 276CC identified for failure to furnish return of income. The Section provides rigorous/simple impriosnment of 7 years to 3 months EFS Instruction No. 63 Tel: 0120-2770029, Fax:  0120-2770452 Email:adg2.systems@incometaxindia.gov.in DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 …

INFOMERICS approved as credit rating agency for risk weighting by banks.

INFOMERICS approved as credit rating agency for banks risk weighting for capital adequacy claims purposes in addition to existing 6 domestic agencies-RBI Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) – Eligible Credit Rating Agencies – INFOMERICS Valuation and Rating Pvt Ltd. (INFOMERICS) …

Government emphasizes that GST is scheduled to roll-out on 01-07-2017

Government emphasizes that GST is scheduled to roll-out on 01-07-2017. CBEC in coordination with State Govt. has increased Outreach Programmes  Ministry of Finance Press Release 13-June, 2017 Government emphasizes that Goods and Services Tax (GST) is scheduled to roll-out on 1st July, 2017; CBEC in coordination with the …