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30/10/2018      > Payment of TDS for Purchase of Property for Sep : 30/10/2018      > Annual Accounts filing on MCA : 30/10/2018      > Challan-cum-statement in respect of tax deducted under Sec.194IA for the month of September : 30/10/2018      > Challan-cum-statement in respect of tax deducted under Sec.194IB for the month of September : 30/10/2018      > ITR of Companies & a person whose accounts are required to be audited. : 31/10/2018      > Return of Outward Supplies for July, 2018 by Regular Suppliers. (Turnover exceed 1.50cr.) : 31/10/2018      > Return of Outward Supplies for July, 2018 to September, 2018 by Regular Suppliers.(Turnover upto 1.5 cr.) : 31/10/2018      > TDS returns for Sep Quarter by All deductors : 31/10/2018      > E-filing of information of declarations in Form 60 received upto 30th Sep. : 31/10/2018                    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 18/10/2018 Multi Vehicle Option for e-Way bill FAQs on Financial Services Sector. Latest Video 17/10/2018 RBI issues e-wallet interoperability advice: How it will alter the industry Sebi seeks powers to intercept calls, communications of economic offenders 16/10/2018 Govt, RBI may not extend deadline for firms to store payments details locally 15/10/2018 SMS for Week ended 14-10-2018 Reserve Bank sticks to October 15 deadline for data localisation RBI’s Record Dollar Sale: $34 b in 5 Months 13/10/2018 CPI inflation rises to 3.77% in Sept Sensex rallies most in 19months, Nifty closes above 10,450 points 12/10/2018 RBI firm on data localisation; 80% of firms to comply by Oct 15 deadline Some GST-laden Banks Up Charges on Remittances 11/10/2018 Sebi restrains broker from liquidating DHFL shares after Rs 2-bn default 10/10/2018 No Centre-State Wall: Officials Handling GST Can Assess All Sebi allows foreign entities in commodity derivatives market Rate cut must be passed on for each packet size, says GST authority 09/10/2018 IMF retains economic growth projection for India at 7.3% for FY19 Rupee pares gains, slips back to 74 levels Sovereign Gold Bonds 2018-19 series-II issue opens on October 15 Higher LTCG Tax for Those Betting on Mergers 'Examine if rate cut benefits reach consumers' 08/10/2018 The political message from RBI’s consumer confidence survey IPOs, FPOs, ESoPs exempted from STT for availing of concessional 10% LTCG SMS for Week ended 07-10-2018 Aadhaar enrolment, update services by banks, post offices to stay: UIDAI 06/10/2018 RBI proposes new FPI norms in bid to attract long-term investments RBI policy, rupee spook market; Sensex down nearly 800 points (Roundup) RBI floats paper for FPIs to ensure long-term capital in debt market 05/10/2018 Short-term Yields Spike, All Eyes on RBI Ahead of monetary policy, RBI steps in with heavy dollar intervention 04/10/2018 RBI Moves to Stabilise Rupee, Allows Oil Cos to Raise Up to $10 b Overseas 03/10/2018 Govt mulls 100% FDI in insurance broking; insurers' cap to stay at 49% Festive season likely to drive GST collections past Rs 1 trillion in Nov 01/10/2018 Govt plans to bring in stricter disclosure norms for independent directors Want better returns? Invest for long term in stocks, says EPFO panel SMS for Week ended 30-09-2018 Sector Regulators Must Guide Cos Post SC’s Aadhaar Verdict, Says UIDAI CEO SBI Halves Daily ATM Cash Withdrawal Limit to ? 20,000 29/09/2018 GST Council Takes Up Missing Collection Target Every Month Govt sets up panel on GST ‘disaster levy’ mechanism Govt may miss GST collection targets for this fiscal, hints FM 28/09/2018 State Authorities Told to Check if Cos Passing on GST Cut Benefits 27/09/2018 Sebi issues show-cause notices to 300 brokerages in NSEL case GST Network to be a State-owned Co 26/09/2018 RBI Report Twice said IL&FS Fin’s Net-owned Funds were Wiped Out 25/09/2018 Sebi examines market slump for irregularities Govt extends deadline for filing I-T returns, audit report till October 15 Sebi Tells Rating Agencies to Track Bond Spreads 24/09/2018 RBI, Sebi join hands to calm volatile markets Sebi move to curb mis-selling in mutual funds SMS for Week ended 23-09-2018 22/09/2018 Sebi allows NRIs, resident Indians, OCIs to invest in India via FPI route GSTN: MINISTERIAL COMMITTEE UNDER BIHAR DEPUTY CM TO MEET TODAY Relief for FPIs as Sebi eases know-your-client guidelines 21/09/2018 Petroleum products may not be brought under GST soon Temporary disaster cess on agenda of GST Council’s meeting next week: Thomas Isaac Centre hikes PPF, NSC rates by 40 bps to catch up with tightening liquidity 20/09/2018 Reserve Bank eases overseas fundraising norms to prop up the rupee Sebi announces changes to the composition of credit rating agencies Revenue shortfall may limit the scope of GST rate cuts In cheer for homebuyers, anti-profiteering body asks Pyramid Infratech to pass on GST benefits Foreign Ecomm Cos Rush to Register for GST in All States 19/09/2018 Sebi makes investing in mutual funds cheaper, caps expense ratio at 1.05% More agents of foreign companies to approach courts against 18% IGST Foreign companies get Sebi nod to hedge in commodity derivatives 18/09/2018 KYC norms: Directors protest disqualification, seek time to finish process Overseas investors buying rupee bonds will get tax exemption on interest income: CBDT 17/09/2018 SMS for Week ended 16-09-2018 KYC non-compliance: Govt deactivates ID numbers of 2.1 million directors Rupee Likely to be on a Roller-Coaster Ride This Year Economists say Govt Steps will Lift Sentiment 15/09/2018 How RBI dealt with the crisis amid tensions with FinMin Foreign exchange reserves fall below $400 billion as RBI intervenes 14/09/2018 RBI Tracks KYC Status of Users of Mobile Wallets Sebi Move to Hurt Small PMS Players Sebi to Discuss Stricter Norms for Fiduciaries Now, firms no longer need govt approval to hike top executives' salary 13/09/2018 Retail inflation dips, but may not stop rate hike 12/09/2018 Amidst falling rupee, RBI adds another 6.8 tonnes of gold to forex reserves White Goods Cos Not Passing on GST Benefits Come Under Lens Co-location case: Sebi directs senior NSE officials to stay 'out of action' 11/09/2018 Govt waives off late fee on GST returns Sebi mulls allowing NRIs through FPI route after meeting specific KYC norms Beneficial ownership norms to hit global PEs due to 'disclosure' rule 10/09/2018 SMS for Week ended 09-09-2018 Petrol, Diesel Prices Touch Record Highs What a widening CAD portends for the economy Interest earned from PPF and Sukanya Samriddhi Account are exempt from tax GST: Final chance to claim credit for 2017-18, fix errors this month 07/09/2018 Rupee breaches 72 mark against dollar for the first time; RBI intervenes 06/09/2018 FinMin simplifies GST refund claim process for businesses Market regulator Sebi mulls diluting controversial FPI KYC norms: Sources 05/09/2018 GST Authorities Get Their Act Together to Plug Gaps NAS Advisory Panel to Review GDP Back Series Seeks to make amendments (Eighth Amendment, 2018) to the CGST Rules, 2017 04/09/2018 RBI wants states to invest in sinking and guarantee funds mandatorily FPIs ring alarm bells on Sebi ownership notice; USD 75 bn assets could be hit 10-year bond yield touches 8%, rupee falls to 71.18 against dollar Govt finalises liberal farm policy to push agri exports 03/09/2018 SMS for Week ended 02-09-2018 Direct tax collections grow at 6.6% and corporation tax barely 1% RBI Buys Gold for 1st Time in Nearly a Decade ‘Missing’ Service Tax Credit in GST Law Worries Cos 01/09/2018 India's fiscal deficit reaches at 86.5% of FY19 budget target in April-July Eight core sector growth sees a slight bump, dips to 6.6% in July RBI skips meet on stressed power assets; SBI, PNB seek time for resolution Private banks lead deposit mobilisation and credit growth, says RBI 31/08/2018 Govt seeks higher TDS collection in efforts to widen direct tax base Sebi Planning to Start PMS on Commexes 30/08/2018 Report blames Reserve Bank of India for bad loans RBI may Soon Do Away with MCLR RBI Panel to Study Feasibility of Digital Currency 29/08/2018 Govt to Vet GST, Income Tax and Transfer Pricing Filings to Find Leakage RBI sets 180-day timeline for banks to resolve bad loans, avoid insolvency reference Technical glitches continue to haunt the Goods and Services Tax Network 28/08/2018 GST Council cuts rate on 100 items; simplifies return filing NAA starts consumer helpline to register GST profiteering complaints 27/08/2018 SMS for Week ended 26-08-2018 Sebi Plans ‘On Tap’ Bond Market New RBI Unit to Track Blockchain and AI EXPLORING NEW AREAS 25/08/2018 Slash GST rate, bring down import duty on gold from 10%: Niti Aayog to Govt Sebi extends trading hours for SLB segment by over 2 hours till 5 pm 24/08/2018 Sebi warns mutual funds: Evaluate your investments, don’t just rely on ratings Arun Jaitley resumes charge of finance and corporate affairs ministries 23/08/2018 Govt may soon impose IGST on ex-factory sales; decision in September Freebies may be Freed of GST Payment Burden Sebi says No to Launch of Futures in ‘Sensitive’ Petrol, Diesel 22/08/2018 Sebi deadline for FPIs to give list of beneficial owners extended till Dec Credit Bureaus may soon be allowed access to data from utility providers I-T department issues 19.6 mn new PAN cards in Jan-Mar 2018 quarter Government extends deadline for filing July GSTR-3B till Aug 24 Govt admits rupee, crude prices will impact current account deficit Rising trade deficit bigger cause for concern than a falling rupee: NITI RBI Asks Rating Firms to Scan Cos’ Bank Details As Ministries Argue, Draft Ecomm Policy Lands with PMO Fiscal Deficit Target to be Met: Finmin Official 21/08/2018 Logistics, Warehousing Leases Up 45% in H1 of ’18 ‘Sebi’s Rejig of MF Schemes Triggered Small Cap Rout’ Ind AS for NBFCs – Not Just an Accounting Challenge RBI Changes its Stance on Rupee Swings RBI Staff Threaten 2-day Strike Enact new law to enable public credit registry, says RBI’s Acharya INTER-CREDITOR AGREEMENT: SOME PRIVATE SECTOR AND FOREIGN BANKS SEE RED India’s GDP rose fourfold in 1993-2012, while wages only doubled: ILO EPFO revises down payroll numbers by 12% for September-May period 20/08/2018 GST Cut Gives a Boost to Consumption Stocks 18/08/2018 I-T defers inclusion of GST, GAAR in audits NAA plans to knock on factory gates to enforce GST rate cuts RBI: MSME credit growth worsened after note ban GST officers to ensure companies pass on benefits to the consumers Sebi mulls use of covered calls for mutual funds as part of equity strategy Order under section 119 of the Income-tax Act, 1961 17/08/2018 Sebi reduces listing time for public issue of debt securities to six days HC seeks CBDT reply to brokers’ petition against NSE, regulator GDP likely to grow at a healthy 7.5% in first quarter, say economists MPC minutes of RBI: Inflation fears, driven by oil prices, led to rate hike 16/08/2018 Sebi sets eyes on commodity index derivatives, works on guidelines 15/08/2018 GST benefits prompt firms to absorb unlisted units Sebi panel suggests confidentiality clause in settlement mechanism 14/08/2018 RBI Lens on 200 Bad-Loan A/cs Sebi Panel Suggests Consent Route to Settle Violations Changes in I-T returns’ e-versions irk taxpayers Rupee crashes to all-time low of 69.92 against dollar on Turkish Lira shock India's retail inflation drops to a nine-month low of 4.2% in July Relief for solar panel importers with provisional stay on safeguard duty IBC process: 137 firms set for liquidation, but buyer interest is muted Private firms must disclose compliance in annual report: Govt GST-led shift from informal to formal sector happening, but at a snail’s pace Bombay HC directs CBDT to reply on STT on physically-settled derivatives Retail Inflation Hits 9-Mth Low of 4.17% in July Inter-State Office Services to Attract GST 13/08/2018 SMS for Week ended 12-08-2018 Sebi Plans to Cap Investors’ Equity Exposure in Line with Net Worth FinMin unlikely to heed RBI’s demand for greater power over state-run banks 10/08/2018 Sebi should seek power to tap phone calls: Panel on fair market conduct GST to be slashed on more items if revenue increases, says Piyush Goyal Exporters approach various courts over restrictions under GST regime RBI should focus on streamlining credit pricing, monetary transmission: IMF Mere Deposit of Goods to Custodian not Liable for GST: AAR RBI Maintains Its Stand on Resolution of Stressed Assets 09/08/2018 Govt gets fiscal deficit cushion, RBI to pay Rs 500-bn dividend for FY18 Govt to Wheel in a New Industrial Policy Soon NSE to Seek Sebi Nod to Resolve Co-location Case Silver Losing Charm as Foreign Buyers Keep off Panel Suggests Higher Threshold for NCLT Cases Sebi set to tackle cyber security breaches, deploy data analytics 08/08/2018 Modi govt raises import duties on 328 textile products by up to 20% Modi govt introduces four Bills in the Lok Sabha to simplify GST returns Expect Swiss bank accounts details of Indians in 10 days, Goyal tells RS 'Aadhaar disclosure doesn't increase vulnerability' Over 200,000 'non-filers' filed ITR in FY18, paid Rs 64-bn tax: Govt Foreign portfolio investors raise red flag on KYC rules over privacy 07/08/2018 LoUs should be restored at earliest with safeguards: Par Panel to RBI Govt extends e-visa facility for citizens of 165 nations to promote tourism Auto components industry seeks 18% GST on all products Govt to Hold Talks with RBI to Leave More Capital with Banks The increasing pressure on GST revenue collections and its fallout 06/08/2018 Fixed deposit interest rates hiked but debt mutual funds still better Creation of Bank NPAs may Have Peaked, says Cibil Govt may Ask RBI to Relax Resolution Plan Deadline for Power Cos RBI industrial outlook survey shows fall in biz expectations for manufacturing sector Govt may hike import duty on 300 textile products to boost manufacturing Debt resolution process: Rising litigation mars success of IBC PM Modi to launch India Post Payments Bank on August 21 MFs rapped over steep commissions UIDAI slams Aadhaar 'fear-mongering', says helpline number can't steal data SMS for Week ended 05-08-2018 04/08/2018 Services sector grows fastest since October 2016 to 54.2 in July: PMI RBI rate hikes likely to cause bump in small savings interest rates IGST cut: Why industry's pitch for import duty hike may be misplaced Sebi probing allegations of fraud, irregularities at MSEI: Minister to LS Home loan EMIs set to rise, but don’t rush for prepayment Off-season hotel room rates may drop after GST changes 03/08/2018 News digest: GST e-payment, stock markets, RBI policy move, and more RBI adds gold to forex reserves in June quarter, buys 2.5 tonnes in March One-time Settlement of VAT, Excise Disputes in the Works Tax bonanza likely for small-scale units 02/08/2018 RBI Puts a Stop to Fino Payments Bank’s Account Opening Operations Manufacturing Activity Eases in July, PMI at 52.3 Cos Allowed to Exploit All Hydrocarbon Forms in a Field RBI Raises Rate, Keeps Policy Stance Neutral UPI Transactions Fall 4% on Round Tripping Curbs GST collections surge in July, miss Rs 1-trn target for third time in FY19 01/08/2018 Q1 Fiscal Deficit at 68.7% of 2018-19 Budgeted Target LS Passes IBC Second Amendment Bill 2018 GST tax structure should move towards lower rate brackets Sebi to empanel auditors to conduct forensic audits of listed companies 31/07/2018 Govt releases draft of new, simpler GST return forms GST rate cuts will weigh on fiscal consolidation road map: Moody’s RBI interest rate setting panel starts 3-day meet Govt unveils draft GST returns forms, seeks public comments 30/07/2018 Govt releases draft on Simplified gst returns SMS for Week ended 28-07-2018 GST impact: Sanitary napkin to TV makers, list of unhappy firms is growing RBI Likely to Go for 25bps Interest Rate Hike as Inflation Risks Mount MNCs cite vague reasons for not passing on GST rate cut benefits 28/07/2018 AAR of Maharashtra rules out GST refund for post-sales discounts Jaitley sees GST rate cut on cement, ACs, TVs with rise in revenue India moves closer to first data privacy law Draft bill provisions may impact RTI Act 27/07/2018 Sebi may Allow Promoters of Delisted Cos’ to Make a Counter Offer PF Subscribers may Get Choice of Investments New GST Appellate Tribunal Soon CBIC to Take Up Import Duty Hike Demands Feedback Invited for New GST Return Form Final Draft on Data Privacy Law May be Submitted Today Relief ! Govt extends income tax return filing deadline till August 31 CBDT told to clarify on STT on physical contracts GST rate cut impact: Govt mulls import duty hike on consumer durables India betting on GST and IBC to improve ease of doing business rank 26/07/2018 Centre not to hike insurance cover of Rs 100,000 for bank deposits. ED gets power to impound fleeing economic offenders' property Sebi mulls UPI-based payments for IPOs to reduce listing period to 3 days Sebi pulls up mutual fund industry over dividend distribution practice Appoint GST Council As Art 307 Authority 25/07/2018 Modi govt seeks RBI's views on specific public sector bank mergers IMF wants India to focus on FDI, cautions against relying on global markets. RBI has wide-ranging and comprehensive powers to deal with PSBs: Govt Sebi proposes three-phase process for re-classification of promoters Indian money in Swiss banks down 80% since 2014, says FM Piyush Goyal Income Tax department seeks GST and GAAR details in new audit form Income Tax dept to crack down on TDS defaults Govt says RBI Has Teeth to Keep Private, Public Banks in Check 24/07/2018 Rising GST collections to help cut tax rates, says FM Piyush Goyal Free trade agreements find few takers despite India's high export hopes GST rate cut triggers rally in footwear, paint, consumer durable stocks GST exemption on warehoused gold a major relief to jewellery exporters G20 meeting: European finance leaders for global digital tax rules 24 lenders sign an inter-creditor agreement for faster NPA resolutions Retirement Age for CVs May be Fixed at 20 Years 23/07/2018 SMS for Week ended 21-07-2018 EPFO data: New member enrolment in May highest in last 8 months at 743,608 After big rate cuts by GST Council, only 35 goods left in 28% tax bracket GST rate cut impact: Synthetic textiles to be 5-7% cheaper from August Sebi Warns MFs on Excessive Commissions to Distributors Sebi pushes firms to bond market to deal with bad loan issue 21/07/2018 Amending companies Act: Panel lists 83 offences for decriminalisation SC: THIRD­PARTY INSURANCE OF 3 YEARS MUST FOR CARS FROM SEPT Singapore likely to ease regime to allow routing of offshore funds Transporters strike over e-way bill, high toll collection and diesel prices PM wins test, hits out at critics 20/07/2018 National GST appellate tribunal on anvil, Council to decide on July 21 Narendra Modi govt pushes anti-graft Bills ahead of trust vote Won’t Prepare High-Risk List: Sebi to Mauritius CCI Nod Must Before Lenders Finalise Resolution Plan RS passes amendments to anti-corruption law LS approves bill to bring back fugitive economic offenders 19/07/2018 SC wants sealing resumed, developers to be blacklisted Natural gas, jet fuel not on GST Council agenda for July 21 meet Govt decides to withdraw contentious FRDI bill Finance Minister Goyal to meet bankers to discuss ways to boost realty CBDT directs tax sleuths to survey, inspect high value transactions LS tables bill to protect small investors from ponzi schemes 18/07/2018 Central Staff Set to Get Yet Another DA Hike SC calls for new law to fight ‘mobocracy’ Securitisation volumes up 128%, says Icra Sebi Planning Measures to Ease Delisting Process for Firms GST Council likely to cut rates on handlooms, sanitary napkins on Saturday 17/07/2018 Wholesale inflation up for 5th straight month in June at 4-yr high of 5.77% Chinese and Malaysian solar panels face 25% safeguard duty in India Exporters get Delhi HC relief over integrated goods and services tax High interest rates, oil prices to eat into India’s growth: IMF 16/07/2018 SMS for Week ended 14-07-2018 GST tweak may see the return of retrospective amendments Shareholding: More time for PSBs likely MCA Panel may Offer Penal Relief for Some Offences FDI in services sector slumps 23% in 2017-18 13/07/2018 Digital payments: Sebi bars stock brokers from accepting cash from clients Jaitley moots GST Council-like system for agri sector Bengal to push for GST exemption up to Rs 50 lakh: Mitra States fail to meet fiscal deficit target on farm loan waivers, GST: RBI Task force to identify ways to reduce import dependence Updated Till : 20/10/2018               Client / Staff Login   UserID   Password

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