1. Under GST, in case of export of
goods, refund can be applied after delivery of export manifest or export report
at customs before departure of conveyance.
2. RBI issued circular that no limit
will be there on cash withdraw from saving account from 13th March 2017 and
limit will be raised to Rs. 50,000 per week from existing Rs. 24,000 w.e.f. 20th
February.
3. Now payment of salaries can be
done digitally or through cheque as per Payment of Wages (Amendment) Bill, 2017
passed by The Lok Sabha on 7th February 2017.
4.
The income tax
department in its latest drive has started de-activating PAN of all
income tax assesses who were allotted more than one PAN at anytime in the past.
5.
Pradhan Mantri Garib
Kalyan Deposit Scheme (PMGKDS), 2016 – Govt. decides to allow
declarants to make deposits on one or more occasions in said scheme.
6.
If you earn up to Rs
18 lakh per annum, buying your first house will cost about Rs 2.4 lakh less as
the government will subsidize a part of your home loan interest. At present,
this subsidy is available to only those earning up to Rs 6 lakh per annum.
7.
Under GST no refund
shall be granted to deductor if TDS amount has been credited to Electronic Cash
Ledger of the deductee.
8. Gifts received in a series of 7
cheques shall not to be treated as gifts in contemplation of death of donor.
9. Non-Appointment
of Woman Director will lead to Compounding Offences by Companies as per
Companies Act 2013.
Have a great day ahead!
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