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Frequently Asked Questions FAQ Indian Startups

The Startup Mobile Application  shall be made available from 5 PM on 1st April 2016 Frequently Asked Questions-Startup India # Question Response 1. What qualifies as a “Startup” for the purpose of Government schemes? An entity (Private Limited Company or Registered Partnership Firm or Limited Liability Partnership) shall be considered …

Startup India Portal and Mobile App Launched

Startup India Portal and Mobile App Launched Ministry of Commerce and Industry Press Release The Startup India portal http://startupindia.gov.in, and mobile app have been launched by Secretary, DIPP, Mr. Ramesh Abhishek in New Delhi today. The key features of the portal and app are the following: Information Availability: The …

Articles invited for publication in ABCAUS

ABCAUS (abcaus.in) gladly invite Authors to be a part of it and get their articles and utilities published on our website.  Desirous authors can mail their article to us and ABCAUS will publish the same with all the due credit to them. 1. Articles and/or utilities on the subjects related to …

Prosecution u/s 276CC-CBDT asks Department to identify potential cases of non filing of income tax return ITRs for AY 2013-14 to initiate proceedings

CBDT has asked Income Tax Department to identify the potential cases of non filing of income tax return (ITRs) for AY 2013-14 and initiate prosecution u/s 276CC if the conditions prescribed are fulfilled. In a letter issued by Directorate of Income tax (Systems) dated 22/03/2016, Pr. Chief Commissioner of …

Accounting Codes for Infrastructure Cess notified by CBEC

No. Coord/13-6/H/A/c/Vol.VIII/ 333 0/o Pr. Chief Controller of Accounts Central Board of Excise & Customs Dated 28-03-2016 Office Memorandum Subject:- Opening of New Minor Head “5o6-Infrastructure Cess” below Sub­–Major Head “03-Non-Sharable Duties” under Major Head “0038-Union Excise Duties”. · The undersigned has been directed to inform that the …

Companies (Accounting Standards) Amendment Rules, 2016 Notification

Ministry of Corporate Affairs (MCA) has made amendments to  Companies (Accounting Standards) Rules, 2006 by the Companies (Accounting Standards) Amendment Rules, 2016 by notification dated 30/03/2016. In the amended rules: Reference to Companies Act 2013 has been incorporated; For financial statements reference to section 2(40) of the Companies Act 2013 …