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Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Gujarat Value Added Tax Act, 2003 Tamilnadu VAT ACT, 2006 Maharashtra Real Estate Regulatory Authority and Rules The Indian Partnership Act, 1932 Societies Registration Act, 1860 Reserve Bank of India Act, 1934 Competition Act, 2002 Monopolies and Restrictive Trade Practices Act, 1969 Foreign Exchange Management Act, 1999 The Employees' State Insurance Act, 1948 The Employees' Provident Funds and Miscellaneous Provisions Act, 1952 Profession Tax Act Right To Information Act, 2005 Equalisation Levy Act, 2016 The Insolvency And Bankruptcy Code, 2016 GST Rules Direct Tax Rules Indirect Tax Rules Corporate Laws Rules VAT Laws Rules Other Statutes Central Goods and Services Tax Rule, 2017 Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Customs Valuation Rules Service Tax Rules Central Sales Tax (Delhi) Rules, 2005 Central Sales Tax (Maharashtra) Rules Entry Tax Rules Cenvat 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Rules Income Tax Forms Wealth Tax Forms ROC Forms (As per Companies Act, 1956) Companies Unpaid Dividend Forms Limited Liability Partnership (LLP) LLP Winding up Service Tax Forms NBFCs Forms FEMA Forms ROC Forms (As per Companies Act, 2013) Income Declaration Forms VAT Forms CGST Forms DVAT Forms MVAT Forms Bihar VAT Forms Karnataka VAT Forms UPVAT Forms Haryana VAT Forms WB Vat Forms Punjab VAT Forms Value of Supply Transitional Provisions Returns Refund Payment of Tax Offences and Penalties Inspection, Search and Seizure Inspection, Search and Seizure Demands and Recovery Composition Assessment and Audit Appeals and Revision Advance Ruling Accounts and Records Login Email Login Time Sheet CPE Status               IMPORTANT DATES : > Last date of filing of AOC-4 XBRL E-Forms using Ind AS under the Companies Act, 2013 : 30/04/2018      > Last date of submitting documents and filing E-form under Condonation of Delay Scheme, 2018 : 30/04/2018      > E-filing of information of declarations in Form 60 received upto 31st March : 30/04/2018      > Payment & Monthly Return of Maharastra PT (Annual Liability 50000 or more) : 30/04/2018      > Payment of TDS for full year, deducted by individual/HUF not liable to Tax audit from rent > 50,000 pm payable to resident. (Wef 01.06.17) : 30/04/2018      > Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA for the month of March : 30/04/2018      > Payment of TDS/TCS deducted/collected in March : 30/04/2018      > E-filing of form 15G/H for Mar Quarter : 30/04/2018      > Taxpayers with annual aggregate turnover up to Rs. 1.5 crore need to file GSTR 1 for January - March on Quarterly Basis : 30/04/2018                    Team Services Infrastructure Utilities     COMPANY's PROFILE     Established in 1970 by Mr. L.C. Gupta. Firm is having offices in New Delhi and Ludhiana. Both the offices are equipped with computers and proper Library. Firm is providing Income Tax, VAT, Company Law, Service Tax consultancy besides providing auditing & assurance services and KPO services. Firm is also providing services for implementation of Business Intelligence Tools and conducting performance improvement audits.       Disclaimer                 What's New 26/04/2018 GST Council Meet on May 4, Simplifying Returns on Agenda Sebi could make 'pre-trade' allocation mandatory in Indian markets 3.11 million jobs added in 6 months, first EPFO payroll count shows How can you mandate Aadhaar-mobile linking without our order? SC asks govt Jaitley to chair GST Council on May 4, simplifying return form on agenda 25/04/2018 LTCG tax: No STT likely on employee stock options plans, inherited shares India may Face Pressure to Cut Duties on 90% of Goods Traded with China Draft Rules Framed on Capital Gains Tax Where STT Not Paid E-commerce policy in six months; to tackle data privacy and tax issues 24/04/2018 RBI clampdown puts cryptocurrency traders, exchanges in a spot Banks told to Shell Out Tax on ‘Free Services’ to Customers Homebuyers, MSMEs may Get IBC Relief Sebi's circular naming defaulters draws flak; companies approach FinMin Trading through mobile app may need eye sacn :SEBI 23/04/2018 SMS for Week ended 22-04-2018 Investment Reviving, Growth to Speed Up in FY19: RBI Guv Govt to Assess Viability of Employees Pension Scheme Social Security Plan Gets PMO Nod, Rollout Likely in 3 Phases Biometric Check Mulled for Stock Trading via Apps FinMin examining issues in converting GSTN to govt Firm Sebi proposed as regulator for spot commodity exchanges for gold, metals India’s Pace of Growth Likely to Accelerate in 2018-19: RBI Guv 21/04/2018 Petro products need to be brought under GST Demonetisation led to highest fake currency, suspicious transactions Delink provisional credit from tax payment, say stakeholders PFRDA makes bank a/c, mobile number mandatory for NPS subscribers SEBI proposes to cut listing time for public issue of debt securities MCA zeroes in on 225,000 more suspected shell companies Hawkish RBI minutes rattle currency, gilts; rupee plunges to 13-month low 20/04/2018 Govt to continue talks with RBI on easing non-performing asset norms I-T department seizes Rs4 crore in drive against cash hoarders RBI’s Acharya suggests shift in monetary policy stance, show minutes RBI cutting note order may have led to crisis Power regulatory bodies must have a judicial member: SC 19/04/2018 Videos Relaxed Currency Derivatives Norms to Bring More Arbitrage Opportunities Private Banks Feeling the Heat Tighten Loan Sanction Process RBI scotches speculation on easing default norms Govt advances deadline for GST seller returns for April, May, June With the ongoing cash crunch, digital money gets another lifeline Supreme Court says biometric authentication of Aadhaar prone to misuse RBI firm on new NPA rules, says cos should not take loan contract casually Wrong info in ITR will be reported to employers: I-T to salaried class 18/04/2018 Data storage norm splits digital payments industry ITR-1 form for AY18-19 now available for e-filing: Income Tax dept ATMs running dry in many states: Govt, RBI step in to get cash flowing Provisional credit issue a hurdle to simplifying GST; Council to take call IMF maintains India's FY19 growth at 7.4%; cautions govt on fiscal deficit Six more states to roll out intra-State e-way bills from April 20 17/04/2018 India's apparel exports decline by nearly 4% in year of GST GoM to meet businesses, experts on GST return simplification tomorrow WPI Inflation Eases to 2.47% in March Govt Sets FDI Norms for Unregistered Fin Services Cos Clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4 16/04/2018 SMS for Week ended 15-04-2018 RBI may loosen NPA norms to let banks breathe easy Cos may have to Rework salary Packages to reduce GST Impact Cos may have to Rework salary Packages to reduce GST Impact Intra-state e-way bill rolled out in five states from Sunday PM Modi may launch second phase of Digital India programme on June 15 13/04/2018 Centre, RBI step in as cash crunch hobbles ATMs across various states Limits notified for tax breaks to angel investors RBI tightens monitoring of Liberalised Remittance Scheme for overseas money transferring Supreme Court’s SC/ST Act ruling has diluted law, done great damage: Govt 12/04/2018 SEBI plans to tighten appointment rules for top executives at MIIs Aadhaar cards have not been duplicated: Government RBI governor Urjit Patel rejects easing NPA norms SC/ST Act: Dalits view Apex Court verdict as ‘extension of govt policy' 11/04/2018 SEBI Clarifies on Investment Limit for FPIs Owned by Foreign Govts Non-banking Cos Using UPI to Get a Payments Council Seat Clause in Aadhaar Act Badly Drafted, says Supreme Court Decoding ITR Form-1 (Sahaj) meant for salaried individuals Don't deny pension for want of Aadhaar: EPFO to banks Examine possibility of converting GSTN into govt-owned firm: FM to Adhia FinMin raises questions on interest rate of 8.55% proposed by EPFO Banks Want MPs, Finmin Officials to Help Convince RBI to Relax Norms 10/04/2018 Tank full of issues in bringing petrol and diesel under GST Govt begins move to increase stake in GST Network Imported Solar Equipment Won’t Attract Customs Duty Rupee has Big Worries"External debt at half-a-trillion dollars A chunk of it due next year, may put pressure on currency" SEBI strengthens algo trading rules; co-location services Video on E-Way Bill : Zara Dekh ke Chalo (by CA Rajeev Khandelwal) 09/04/2018 SMS for Week ended 07-04-2018 CBI, Indian Revenue Services officers at loggerheads over fraud tax refunds Black money SIT reviews use of cryptocurrencies; directs clampdown Bad loans menace: Over three dozen CAs under Reserve Bank lens E-way bill portal down for 2 hours Regulators may extend timings of currency derivatives trading 07/04/2018 Changes you need to know for I-T returns Don't deal with entities related to Bitcoins, RBI tells banks and NBFCs Sebi to take action against 14,720 entities for ‘non-genuine trades’ Industry and tax experts seek one tax on capital gains in listed funds RBI increases bond investment limit for foreign portfolio investors 06/04/2018 RBI defers implementation of Ind AS by one year Income tax department forms committee to look into tax risk of super-rich leaving India Government set up e-commerce think tank to encourage local players Start-up investors may be exempt from 'angel tax' New ITR forms notified; salary breakup, GST ID to be furnished 05/04/2018 Updated Insolvency Code may cover rebidding cases too RBI gives provisioning relief to stressed banks Relief ahead for banks as deadline for resolving 10 major NCLT cases nears Ind-Ra revises up growth forecast to 7.4% for FY19 on strong agri growth Small saving schemes account for 20.9% of government borrowing in FY18 04/04/2018 Sebi's F&O restrictions likely to boost dabba trading in Indian markets Direct tax collections surge 18% to cross Rs 10-trn mark in FY18: Jaitley Risk-based capital framework for industry to benefit Irdai, says IMF CAG flags lower administrative charges collection by EPFO Rs 7.18 trn: July-Feb GST collections short of Rs 100 bn of original target Securities scanner: CAs, valuers and CSs could come under Sebi ambit DeMon, GST will benefit economy in long run: FM 03/04/2018 Inclusion of petrol and diesel in the GST will help consumers pay a rational price: Dharmendra Pradhan Intra-state rollout of E-way bills soon Legacy of exemptions: Court issues notices to Centre, GSTC RBI allows banks to spread bond trading losses over four quarters SEBI bans First Financial Services, 28 others for 3 years Govt rules out excise duty cut to cushion petrol prices Commerce ministry seeks views on industrial policy Govt levies 10% import duty on key smartphone parts to push Make in India E-way bill may fail to deliver the goods, fear etail firms 02/04/2018 SMS for Week ended 31-03-2018 Insolvency and Bankruptcy Code set for major overhaul MCA plans 'intensive review' of companies law administration RBI likely to stay put on rates, flag concerns on food inflation, oil’s surge Day 1 sees no major glitch for e-way bill, says GSTN chief executive 31/03/2018 Markets brace for LTCG tax, STT in FY19 Slow take-off for GST e-way bill likely as traders stock up early RBI may keep repo rate unchanged at 6% in April policy review: BS Poll Number of delisted companies on the rise; bourses may see more exits General Circular No.01/2018 regarding Relaxation of additional fees and extension of last date of filing of AOC-4 XBRL E-Forms using Ind AS under the Companies Act, 2013 (601 KB) General Circular No.02/2018 regarding Condonation of Delay Scheme 2018. (223 KB) 30/03/2018 Government notifies new accounting standard, effective April 1 Deadline for claiming transitional credit extended, April-June GSTR-1 dates notified GST Council decides to exempt 24 insurance schemes for reinsurance I-T Dept names and shames 24 defaulters owing Rs 4.9 bn in taxes RBI:Create special clearing window for govt accounts on Mar 31: RBI to bank 29/03/2018 RBI Rolls Out Regulations for Cross-Border Mergers Boost for New Employees, Cabinet Fixes Subsidy for P&K Fertilisers India’s fiscal deficit up to February was 20% more than the revised estimates for FY18 Sebi OKs Kotak Panel Proposals to Boost Corporate Governance IBC tweaking: List of offences likely to bar offenders from bidding Sebi clamps down on derivative markets; algo trading made more accessible Extension of date for filing the return in FORM GSTR-6 Extension of due date for filing of application for refund under section 55 by notified agencies Notifies the date from which E-Way Bill Rules shall come into force 28/03/2018 I-T offices to remain open from March 29 to 31 for filing returns RBI to revive pre-policy meetings with bankers and industry executives FSSAI to align licensing norms with GST FinMin simplifies GST anti-profiteering form to make it easier for people 27/03/2018 RERA Creates a Rs 10k-cr Business for Cover Firms Finmin to Review Performances of State-run Insurance Companies Niti Aayog Panel Moots Jewellery Parks, Lower Import Duty on Gold Changing the Code: Boost for Home Buyers, MSMEs RBI to keep policy rates on hold, maintain neutral stance: Report IMF may revise India's fiscal deficit upwards by 0.3% of GDP in WEO report High-level panel on IBC review may stick to 270-day resolution deadline Govt tries to soothe bond market jitters; to borrow Rs 2.88 trn in H1FY19 SEBI plans new framework to check non-compliance of listing rules Private bank route for foreign portfolio investors may be non-starter 26/03/2018 SMS for Week ended 25-03-2018 GST: Firms fear dispute over input tax credits Vehicle scrap policy to go for Cabinet's nod in a month: Nitin Gadkari Service tax can't be imposed in J&K, says tribunal of pre-GST levy UIDAI set to introduce face authentication feature from July 1 Businesses with nil tax liability may get to file GST returns bi-annually Minister arrives today: India to push on huge trade deficit SEBI board to vet National Stock Exchange colocation probe report Realty developers get notices for inflated credit claims under GST 24/03/2018 CBEC member holds meeting with exporters on GST refunds MCA files Prosecution against 780 listed Companies for Non-Filing of Financial Statements and Annual Returns India must lead in defusing possibilities of a global trade war: Ficci Telangana slashes VAT on aviation fuel by 15% 23/03/2018 Market volatility seen affecting IPO plans of smaller companies Govt asks NBFCs to report details of clients to FIU-IND SEBI to focus on big bang market reforms at board meeting US Fed rate hike: Indian exports may take small hit in long-term Fixed-term contract staff to get gratuity benefits like permanent employees 22/03/2018 Sebi may impose trading curbs on cos undergoing insolvency proceedings Cabinet approves Modicare with budgetary support of Rs 160 bn for 2 years Despite Supreme Court order, Aadhaar still mandatory for filing I-T returns Environment ministry eases rules for construction companies Deadline to re-verify mobile numbers through Aadhaar extended till SC judgement 21/03/2018 Sebi liberalises spread margin benefit in commodity futures contracts Government extends facility of fixed term employment for all sectors Rupee slips 3 paise to 4-month low of 65.20 ahead of key US Fed meet India set to pitch for global framework to tax digital companies 20/03/2018 CBEC to verify GST transitional credit claims of 50,000 taxpayers SEBI exempts govt from open offers for 6 PSBs post capital infusion Manufacturing sales improve in Q3, profit subdued: RBI India's CAD likely at 1.7% this fiscal: Report 19/03/2018 India should engage with key trading partners if global trade war escalates: Assocham TRAI consultation paper on revamping MNP scheme by month-end Investment promotion scheme: Notices to Centre, Rajasthan govt, GST Council IBC amendment: Language may hold the key to who can bid E-wallet will address GST refund issue of exporters Only 16% of initial GST returns filed for July-Dec matched with final returns SMS for Week ended 18-03-2018 16/03/2018 CBEC camps from Mar 15 to fast track GST refunds to exporters Revise your Feb 12 guidelines on stressed loans: Power producers to RBI Sebi raises currency derivative trade limit to Rs 100 mn FMCG suppliers move court as sops go missing in tax exempted zones No extension for sale of pre-GST stock with revised MRP stickers: Ram Vilas Paswan 15/03/2018 LS passes Finance Bill 2018; unlisted stocks to get indexation benefits Investing in equity mutual funds may get cheaper Sebi considers clearing house interoperability Parliamentary Panel asks government to review employees pension scheme Indian economy to grow at 7.3% in FY19 and 7.5% in FY20: World Bank 14/03/2018 CBDT to conduct nationwide review of tax collection for FY18 today SEBI puts more safeguards for FPI investors SEBI to relax start-up net worth norms, allow listing on SME platform Trai Chief hits back at telcos; says allegations of bias uncalled for Income Tax department attaches benami properties worth Rs 39 billion Representations received to withdraw LTCG: FinMin 13/03/2018 SEBI seeks relaxed rules for municipal bodies eyeing bond market SEBI may impose restrictions on algo trade Ease lender approval norms for resolution plans: Govt panel Growth engine gets twin boost from IIP, CPI data Fugitive Economic Offenders Bill to cover wide-ranging white-collar crimes 12/03/2018 SMS for Week ended 11-03-2018 SEBI seeks to cut retail F&O bets Quick savings recovery after demonetisation jolt: Reserve Bank of Indi ICAI issues advisory on joint auditors' work allocation in bank audits Manufacturing outlook positive for January-March quarter: FICCI Variance between GST paid and claims made E-way relief, for now, to e-commerce, courier firms sending small orders Define'shell companies' in companies act, panel asks govt Reforms in health, education & banking will benefit India: IMF 10/03/2018 SEBI takes up 116 cases to probe violation of securities law during FY17-18 With no fixed targets, GST collection not-so-encouraging: Par panel Trump slaps tariffs, rattles Indian metal firms; JSW asks govt to retaliate Post ­RERA changes made in agreements: survey 09/03/2018 Relief to FMCG companies: Govt eases norms for e-way bill generation Sebi has returned NSE consent plea citing pending investigation: Sources PMO steps in to speed up GST refunds for exporters Govt is expecting additional money from RBI as dividend Arbitration council to grade dispute resolution institutions: Law Minister Direct tax mop-up rises 19.5% between April-Feb 08/03/2018 GST Council to weigh proposal to further delay rollout of e-way bill Council to take first step on bringing alcohol into Goods and Services Tax Fooling the IT returns system by using all zeros as Aadhaar number Epayments continue to climb in feb SEBI re-constitutes panel on corporate bond market ETF assets surge four-fold in 2 years on steady inflow from EPFO 07/03/2018 Corporate social responsibility spends of firms warrant audit, says P.P. Chaudhary Government probing 53 cases of profiteering in GST regime RBI:Digital transactions decline in February Tax cloud over IFSC dividend payout E-way bill may not be needed for small orders 06/03/2018 Services sector contracts, putting pressure on govt Delhi-Jaipur E-way: Land Prices Rise 40% RBI to inject Rs 1 lakh cr cash into banking system in March RBI to infuse Rs 1 trn into banking system via special auctions in March I-T Dept probes Rs 10-bn tax refund fraud by govt and PSU employees 05/03/2018 SMS for Week ended 04-03-2018 RBI to bring interoperability for e-wallets within the promised time frame RBI gets tough on MNC banks on priority sector lending India To Retain Its Position As Fastest Growing Economy In Coming Decades: Arun Jaitley Rent on electricity meter comes under GST, move may draw criticism Banks to bear extra cost due to 18% GST on priority lending certificate 01/03/2018 15th Finance Commission will need to define populism: Chairman NK Singh GDP expands 7.2% in Oct-Dec as dust settles over GST roll-out India replaces China as world's fastest growing economy, GDP growth at 7.2% in Q3 Sensex falls 162 pts as PSU banks rebound 28/02/2018 I-T e-assessment: CBDT notifies new central scheme GST collection dips marginally in January to Rs 86,318 crore Single GST rate can't work at the moment; compliance to be made simpler: FM India Inc's avg salary hike to be 9.4% this yr: Survey EPFO makes online claims must for PF withdrawals above Rs 10 lakh 27/02/2018 Individual angels may get tax relief too UPI-based system mulled for retail investors in IPOs Govt to ease FPI rules in bid to attract foreign investment GST revenues: Growing uncertainty 26/02/2018 SMS for Week ended 25-02-2018 E-way bill may be relaxed for e-commerce players if orders are small 70% IGST refund stuck due to flawed claims filed by exporters: CBEC Govt ropes in IIFT, ICAI to improve ease of doing business ranking Taxmen asked to step up collections to meet higher target Government borrowing cost likely to fall, thanks to EPFO CIC raps GSTN for lack of order, seeks clarity on info disclosure 24/02/2018 GST improved tax compliance:survey RBI releases ombudsman scheme for NBFCs Errors in GST returns filing a hurdle in issuing tax refunds to exporters: CBEC GST Network simplifies returns filing process EPFO's investment in corporate debt to reduce to 20% 23/02/2018 MSCI will continue to get data for ETFs: NSE SEBI plans safeguards for overseas investors taking private bank route Sebi may tighten AIF regulations to better monitor the source of funding SEBI sets conditions on promoters selling holdings to achieve MPS norms Govt tightens norms for removal of independent directors 22/02/2018 Panel to discuss GST return simplification EPFO cuts interest rate to 8.55% for 2017-18 from 8.65% for 2016-17 Stock exchanges try to assuage concerns after MSCI warning 5.5 million GST returns filed in January Loans will be disbursed based on data, says Nandan Nilekani 21/02/2018 EPFO likely to announce 8.7% interest I&B representative on Prasar Bharati board complains against chairman NBFCs amy grab larger share of corporate lending Mismatch in govt GST export refund numbers GST woes likely to hurt handicraft exports in 2017-18 RBI acts, FM speaks up 20/02/2018 Bankruptcy rules for individuals may be delayed due to workload of DRTs Closed end funds lose sheen on LTCG tax Bill to ban unregulated deposit schemes could get Cabinet nod today Higher MSPs could spur inflation in FY19: Nomura MSCI to Consult Fund Managers Before Decision on India Weightage 19/02/2018 SMS for Week ended 18-02-2018 SEBI opens new door for overseas investors Proposed PPF changes to benefit investors SEBI asks banks to compensate retail investors if they fail to allot shares in an IPO GST rules set to be simplified further 17/02/2018 TRAI sets non-predatory tariff rules for old tel cos Govt may raise import duties on edible oils and chana may go up Sebi relaxes access norms for FPIs CBEC decides not to file review appeals in 63 cases MSCI slams move by Indian exchanges 16/02/2018 Tax collection assumptions in India's budget ambitious: IMF RBI asks banks to accept coins of all denominations from public Export growth rate dips to 9.07% in Jan Base year for GDP, IIP to be changed to 2017-18 Retail investors in IPOs to get compensation: Sebi 15/02/2018 RBI norms add to NCLT burden GSTN to ensure stakeholder familiarity before reintroducing e-way bill SEBI READIES P-NOTE FRAMEWORK FOR GIFT CITY Earnings growth rises to 6 quarter high LTCG tax will not impact NPS, says PFRDA chairman 14/02/2018 Sebi to meet rating agencies on faster access to default data ‘Revised RBI norms to clean up NPAs in one go’ PF body proposes decreasing administrative charges for employers IT Raid Cases Not to be Processed Under E-assessment: CBDT Lead by PSBs, NPAs soar 34.5% in Q3; pain to linger on, claims report PROMOTERS GET A SETTLEMENT PUSH 13/02/2018 IIP GROWTH, RETAIL INFLATION DIP RBI withdraws SDR, S4A, sets banks 180-day timeline for bad loan resolution Govt removes exemptions for ITR filing EPFO sells a portion of equity to maintain 8.65% interest rate With IBC the Default Tool, RBI Retires Debt Rejig Processes EAC-PM discusses ways to rollout of mega healthcare scheme 12/02/2018 SEBI now looks to curb benami deals Government measures to ensure MSMEs become growth engine: DFS secretary RBI still processing returned notes Banks opposed to changes in MCLR calculation: Reserve Bank of India Bank haircuts on NPAs go up to 80% SMS for Week ended 11-02-2018 GST to hit GSK Consumer's global growth 09/02/2018 No RBI decision on implementing IndAS yet: deputy governor N.S. Vishwanathan Govt knows how to bite the bullet: FM Govt to look at EC´s view on simultaneous polls RBI suggests tax sops, self-regulation to build fintech space Impaired assets to peak by FY20: India Ratings 08/02/2018 Regulator tweaks insolvency rules to raise bid value RBI signals long pause, flags inflation risks Relief for MSMEs hit by GST MCLR to be linked with base rate Developers of affordable homes should not collect GST from buyers: finance ministry 07/02/2018 Centre´s GST relief to states at Rs 900 billion CBDT No notice to taxpayers in case of minor I-T return filing mismatch Sebi, bourses step up guard IRFC tax issue resolved Centre looks at phased roll out of e way bill CBDT won’t act tough with startups to recover outstanding demand Rs 57-mn GST evasion unearthed in 16 cases in five months of FY18 06/02/2018 Taxing times for IPOs: LTCG tax from April 1 promts issuers to expedite market launch but ongoing correction could play spoilsport Natural gas and real estate may come under GST net, says FM Arun Jaitley MF Industry welcomes Sebi move to abolish extra commission for distributors CV Sales May Stay in Top Gear for 2 years on GST, Infra Boost No Angel Tax on Startups with up to Rs. 10cr Funding Don't misuse I-T laws, pay taxes as rates are already low: CBDT to industry 05/02/2018 Finance Bill, 2018 Video on Tax on Long Term Capital Gains (LTCG) on Shares Budget 2018 (by CA Rajeev Khandelwal) SMS for Week ended 05-02-2018 RBI seen keeping rates on hold, may flag risks of higher MSP on inflation Sebi board to meet on 10 February; Jaitley to brief members on budget Centre cuts PSUs’ budgetary support NSE's revenues from its frozen co-location facility climb to Rs 9.45 bn DoT to float new draft telecom policy within a week Pre-2016 Startups may Get Breather from Angel Tax I-T Dept Issues FAQs on LTCG Tax SEBI may allow metal ETFs to attract retail investors 03/02/2018 Fiscal deficit target revised to boost spending in 2018-19 RBI once again cancels Rs 110 bn-worth bond auction as yields shoot up Higher taxes spark panic among FPIs Tax loophole plugged for corporate mergers Trai asks DoT to review licence, spectrum fees levied on telecom firms Compensation cess causes jump in tax administration expenditure 02/02/2018 GST hurdle: E way bill put on hold Customs duties on over 50 items hiked to push Made in India agenda Defence budget increases 8 percent, unlikely to cover rise in cost Budget will strengthen ´ new India´ vision: Modi GOVERNMENT SET TO REAP Rs 1 TRN THIS YEAR FM Shuns Ambitious Targets For FY 19 Arun Jaitley raises rates to boost Make in India FM Seeks to bring digital firms under the tax net SEBI gets more power to levy penalties on stock exchanges 01/02/2018 SEBI agrees to transfer Rs 16.7 billion of surplus funds to government CSO revises FY16 GDP growth to 8.2%, FY17 unchanged at 7.1% Core sector growth slows to 4 Percent in Dec 1,235 new FPIs register with SEBI in Apr–Dec FY’18 GST e-way bill to go live on budget day, industry fears disruption 31/01/2018 EPFO: Firms can pay dues, update ownership details TAX SOPS TO WOO INDUSTRY SET FOR A COMEBACK PM EMPLOYMENT SCHEME ALLOCATION MAY BE HALVED BUDGET SHOULD FOCUS ON ECONOMIC JOB GROWTH, SAYS CHIDAMBARAM Banks to negotiate only with top bidder in insolvency cases 30/01/2018 Labour Ministry looks to add self-employed to job data Sebi limits trading in security receipts to qualified buyers Low success rate in resolving disputes Taxpayer base up 50% since GST Need to stabilise GST implementation to facilitate easier compliance: Economic Survey Single GST registration for airlines, banks on the anvil Tax uncertainty over insolvency deals likely to go 29/01/2018 SMS for Week ended 29-01-2018 NSE to finalise list of commodity derivatives soon Finance ministry decides not to recreate an omnibus development bank Resolution plans under IBC may need approval of fewer lenders Govt may bring more amendments in insolvency law FRDI Bill’s bail-in clause worries labour ministry 27/01/2018 Registration for E-Way Bill (by CA Rajeev Khandelwal) Bail-in clause in FRDI Bill will only be used sparingly: Finance ministry FY19 divestment target may be as high as Rs 1 trillion SBI plan to invoke guarantees may fail Indian subsidiaries deliver more value for multi nationals Govt may tighten labelling norms for generic drugs 26/01/2018 Registration for E-Way Bill (by CA Rajeev Khandelwal) Government to introduce new initiatives to make it easier to start business Duty drawback rates increased for 102 products in bid to boost exports CAs to look into diamond couriers’ deals GST Receipts Rebound in Dec After 2 Months 25/01/2018 GDP may grow to 7% in FY19 as GST impact wanes: HSBC Fin Min asks PSU banks to be in hot pursuit of bad loans Centre proposes fixed-term labour contracts RBI warns banks about crypto risks, wants higher scrutiny Registration for E-Way Bill (by CA Rajeev Khandelwal) GST may prove a drag on India’s ease of doing business ranking Govt may offer more income tax deductions to those who invest in its infra projects 24/01/2018 Registration for E-Way Bill (by CA Rajeev Khandelwal) Companies unlikely to get transition credit for cesses paid earlier SEBI GDR crackdown runs into foreign hurdles India shaking off GST roll-out woes, but oil price a risk: S&P E-commerce firms may get 6-month tax breather 23/01/2018 Registration for E-Way Bill (by CA Rajeev Khandelwal) Cryptocurrency exchanges face the red flag NSE co-location: EY, ISB audits fail to cut ice with SEBI panel IMF Report says India Stays Ahead of China in FY17 Growth Rate Budget 2018: Increase tax exemption limit to Rs 300,000, says SBI report Budget 2018: Government may hike agri-credit target to Rs 11 lakh crore Sebi outlines role of oversight committee for product design IMF forecasts 7.4% growth for India in FY19 Forensic audit biz soars as firms head for bankruptcy 22/01/2018 Registration for E-Way Bill (by CA Rajeev Khandelwal) SMS for Week ended 22-01-2018 RBI, govt may give banks more time to switch to IndAS Sebi online filing system stumps investors and intermediaries GST composition scheme may come under reverse charge mechanism to curb evasion Ministry Wants SEZ Tax Incentives to Continue Sebi plans to open consent doors for serious violations 20/01/2018 Registration for E-Way Bill (by CA Rajeev Khandelwal GST Council cuts rates on more items NBFCs can invest 25% in REITs: SEBI SEBI panel for friendly tax regime for AIFs Lower GST to help metro builders Compensation cess collection lower than states’ shortfall in Dec 19/01/2018 Registration for E-Way Bill (by CA Rajeev Khandelwal) Improve pricing of risk-based loans, RBI tells banks Matching Invoices May Soon Be taxpayers'Job Markets shoot up on bank FDI hopes GST Council cuts rates on 80 items 18/01/2018 Govt mulls 100% foreign investment in private banks Registration for E-Way Bill (by CA Rajeev Khandelwal) Consumers complain about traders charging extra Cong to ask for petrol, realty to be brought under GST States flag revenue shortfall ahead of GST Council meet Govt gets comfort from direct tax kitty Updated Till : 27/04/2018               Client / Staff Login   UserID   Password

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