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Abcaus

UPA Model of GST was flawed

UPA Model of GST was flawed – Ex Finance Minister Arun Jaitely

administrator July 1, 2018 GST
UPA Model of GST was flawed – Ex Finance Minister Arun Jaitely On the occasion of GST Day (1st July) the Ex Finance Minister Arun Jaitely has tried to convince people that UPA Model of GST was flawed. No wonder, Shri Jaitely must be very conscious that GST was …
PAN-Aadhaar Linkage abcaus.in

CBDT further extends time to link PAN with Aadhaar to 30th June 2018. Read Order u/s 119

administrator July 1, 2018 Income Tax
CBDT further extends time to link PAN with Aadhaar to 30th June 2018. Section 139AA requires quoting of Aadhaar number for filing of income tax returns. F.No.225/270/2017/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, dated the 30th …
GST Day

1st July 2018 to be celebrated as GST day on the occasion anniversary of GST coming into force

administrator June 30, 2018 GST
1st July 2018 to be celebrated as ‘GST day’, to commemorate the first year of the unprecedented reform of Indian taxation  GST is a fitting tribute to spirit of cooperative federalism as all decisions in the 27 meetings of GST Council taken by consensus GST – ‘ONE NATION, …

Shri S. Ramesh takes over as Chairman, Central Board of Indirect Taxes and Customs 

administrator June 30, 2018 CBEC
Shri S. Ramesh takes over as Chairman, Central Board of Indirect Taxes and Customs  Shri S. Ramesh, IRS (C&CE:1981) has taken over as Chairman, Central Board of Indirect Taxes and Customs , on superannuation of Smt. Vanaja N. Sarna today . Prior to his elevation, he was Member …
ITR-1 SAHAJ

Its easy to file Income Tax Return in Form No. ITR-1 SAHAJ. Taxpayers advised not to wait till 31st July

administrator June 30, 2018 Income Tax
Its easy to file Income Tax Return in Form No. ITR-1 SAHAJ. Income Tax Department asks taxpayers not to wait till 31st July to file their return of income. Its easy to file Income Tax Return in Form No. 1 SAHAJ Income Tax Department has issued an advisory …
RBI enforcement action framework

RBI enforcement action framework for debarring statutory bank auditors for lapses-Salient Features

administrator June 29, 2018 RBI
RBI enforcement action framework for debarring statutory bank auditors for lapses in audit of commercial banks-Salient Features and Procedures As per Press Release issued in this regard, RBI has stated that Statutory Auditors (SAs) of banks play an important role in contributing to financial stability when they deliver quality …

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