RELIEF NOTIFIED FOR EDUCATION INSTITUTIONS AGAINST SERVICE TAX ON TRANSPORTATION FEES RECEIVED BETWEEN 01-04-2013 TO 10-07-2014

In a major relief to the Education Institution’s across India, the Central Government has issued Notification No. 45/2016 – Service Tax dated 30th Day of September, 2016, in exercise of...

INCOME TAX AUDIT & RETURN FILLING DATE EXTENDED TO 17-10-2016

In exercise of the Power conferred u/s 119 of the Income Tax Act, 1961, the CBDT has extended the due date of filling the Income Tax Return to 17-10-2016 for...

INCOME TAX RETURN FILLING DATE EXTENDED TO 05 AUG 2016

# Income Tax Return Filing Date extended up to 5th August 2016 # In view of today’s bank strike and disturbance in J & K,due date of IT return...

FAQ’s ON ENTRY TAX IN RAJASTHAN ON E-COMMERCE COMPANIES, ONLINE MARKET PLACE & SALE THROUGH ELECTRONIC MEDIA

Entry Tax has been imposed on E-Commerce Companies, Online Market Place and sale of Goods through Electronic Media on goods sold within Rajasthan from outside the state of Rajasthan...

Clarification on Net Rate of Tax – The Income Declaration Scheme, 2016

There is an air of confusion due to some misleading clarifications and statements in the media regarding net Tax Liability of 31% under the Income Declaration Scheme, 2016 instead...

TAJIKISTAN – NEW BUSINESS OPPORTUNITY IN CENTRAL ASIA

I feel delighted to be invited by the Government of Tajikistan to assess the Opportunities for Trade and Business in Tajikistan. Tajikistan has a historical legacy and is a...

RELIEF FROM C.B.E.C. – SERVICE TAX ON EDUCATION INSTITUTION FOR 01-04-13 TO 10-07-14

Today we have presented the case of Education Institutions before Sh. S. M. Tata, Commissioner, Service Tax, Central Board of Excise & Customs in the North Block, Ministry of...

SERVICE TAX – AUXILIARY EDUCATION SERVICE : 01-04-2013 TO 10-07-2014

The Service Tax Department has initiated the process of issuing Show Cause Notices to Education Institutions for charging Service Tax on Transportation Fees and Hostel Fees charged by them...

HOW TO REGISTER A SUBSIDIARY COMPANY – FOREIGN FDI IN INDIA?

The Government of India has taken several measures to facilitate FDI by Foreign Companies in India including simplified registration process, limited legal compliances, permission for FDI under Automatic Route...

RELIEF GRANTED TO SEMI-STITCHED GARMENTS UNDER RAJASTHAN VAT FOR F.Y. 2016-17

In the Budget for FY 2016-17, the Government of Rajasthan (GOR) has introduced VAT @ 5.50% on Semi Stitched Garments including w.e.f. 08-03-2016 along with a requirement of Form...