1. Cess applicable on CGST & IGST on vehicles, cold drinks, pan masala, tobacco, solid fuels made from coal, lignite etc& other specified supplies.
2. From July 1, 2017, all tax returns will have to mention the Aadhaar No. ,as per Sec 139AA of Income Tax Act. If you have both PAN and Aadhaar, you need to link the two. If you fail to do so, your PAN no could become invalid.
3. The Govt. is considering scrapping Foreign Investment Promotion Board and considering doing away with prior government approval for investments in most sectors including single-brand retail.
4. From July 1, 2017, all tax returns will have to mention the Aadhaar NO. , as per Sec 139AA of Income Tax Act. If you have both PAN and Aadhaar, you need to link the two. If you fail to do so, your PAN no could become invalid.
5. Govt gave time till April 30 for commensurate deposits by people who have declared their unaccounted income under the Pradhan Mantri Garib Kalyan Yojana (PMGKY).
6. Every entity registered under the proposed GST might have to maintain separate accounts relating to each activity. This is a part of the draft GST rules on accounts and records released by the Centre.
7. Government released draft norms on GST advance ruling and appeals and revision.
8. Central Govt. has issued Draft GST Rules on Accounts & Records, Appeals & Revision and Advance Ruling on April 19, 2017, making a total of 14 Draft Rules as on date.
9. Govt. is considering scrapping Foreign Investment Promotion Board and considering doing away with prior government approval for investments in most sectors including single-brand retail.
10. ICAI issues Frequently Asked Questions on The Insolvency and Bankruptcy Code 2016 and Companies Act 2013.
Have a great day ahead!
2. From July 1, 2017, all tax returns will have to mention the Aadhaar No. ,as per Sec 139AA of Income Tax Act. If you have both PAN and Aadhaar, you need to link the two. If you fail to do so, your PAN no could become invalid.
3. The Govt. is considering scrapping Foreign Investment Promotion Board and considering doing away with prior government approval for investments in most sectors including single-brand retail.
4. From July 1, 2017, all tax returns will have to mention the Aadhaar NO. , as per Sec 139AA of Income Tax Act. If you have both PAN and Aadhaar, you need to link the two. If you fail to do so, your PAN no could become invalid.
5. Govt gave time till April 30 for commensurate deposits by people who have declared their unaccounted income under the Pradhan Mantri Garib Kalyan Yojana (PMGKY).
6. Every entity registered under the proposed GST might have to maintain separate accounts relating to each activity. This is a part of the draft GST rules on accounts and records released by the Centre.
7. Government released draft norms on GST advance ruling and appeals and revision.
8. Central Govt. has issued Draft GST Rules on Accounts & Records, Appeals & Revision and Advance Ruling on April 19, 2017, making a total of 14 Draft Rules as on date.
9. Govt. is considering scrapping Foreign Investment Promotion Board and considering doing away with prior government approval for investments in most sectors including single-brand retail.
10. ICAI issues Frequently Asked Questions on The Insolvency and Bankruptcy Code 2016 and Companies Act 2013.
Have a great day ahead!
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