CHANGE IN SERVICE TAX RATE ON TOUR OPERATORS w.e.f. 22-01-2017

The Central Government vide Notification No. 04/2017 has amended the Rate of Abatement under Service Tax on TOUR OPERATORS w.e.f. 22-01-2017 with details as below:- (1) A tour, only...

FAQs ON GST (Series 3) – REGISTRATION UNDER GST IN INDIA

Q 1. What is advantage of taking registration in GST? Ans. Registration under Goods and Service Tax (GST) regime will confer following advantages to the business: • Legally recognized...

RISHABH PANT SEEN AS REPLACEMENT OF DHONI IN THE INDIAN T20 SQUAD

RISHABH PANT is the rising super star of the Indian Cricket. With 972 runs (avg 81, strike rate 107) in the Ranji Trophy this year, the Left Hand Keeper...

FAQs ON GST (Series 2) : Levy of and Exemption from GST

Q 1. Where is the power to levy GST derived from? Ans. Article 246A of the Constitution, which was introduced by the Constitution (101st Amendment) Act, 2016 confers concurrent...

FAQs ON GST (Series 1) – Overview of Goods and Services Tax (GST) in India

Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at...

EMPLOYEE STATE INSURANCE (E.S.I.) – INCREASE IN WAGE LIMIT FOR COVERAGE TO Rs. 21000/-

The Government of India through Ministry of Labour & Employment vide Notification No. F. No. S-38012/02/2013-SS-I dated 22-12-2016 has increased the wage limit for coverage of an employee under sub-clause (b)...

ONLY ONE TIME DEPOSIT OF OLD CURRENCY NOTES EXCEEDING Rs. 5000/- ARE PERMITTED IN AN ACCOUNT

The Central Government has vide Notification No. S. O. 4086 (E) dated 17-12-2016 has inserted a new proviso to clause (iii) S. O. 3407 (E) dated 08-11-2016 related to...

FAQ’s ON PROCEDURE FOR DECLARATION UNDER PRADHAN MANTRI GARIB KALYAN YOJNA, 2016

The Central Government has issued the procedural guidelines for implementation of FAQ 1 : WHAT IS THE PERIOD WITHIN WHICH DECLARATION HAS TO BE FILLED UNDER PMGKY The Central...

PROCEDURE FOR MIGRATION/ TRANSITION FROM VAT TO GST

The migration from VAT to GST has been initiated by the State VAT departments. As a first step Provisional Registration number under GST and password has been issued by...

SEMINAR ON DEMONETISATION AT GOENKA INSTITUTE OF EDUCATION & RESEARCH

Seminar on Demonetisation was organised in Goenka Institute of Education & Reasearch, Lakshmangarh, Sikar with Sh. D. D. Goel, Director General of Income Tax, Rajasthan as the Key Note...