Proposed Auditor’s CARO for Financial Year 2015-16Proposed Auditor’s CARO for Financial Year 2015-16

Proposed Auditor’s CARO for Financial Year 2015-16  GOVERNMENT OF INDIA | Ministry of Corporate Affairs|NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (AUDITOR’S REPORT) ORDER, 2016  | Dated...

Government asks SEBI to tweak rules on related party transactions to make it at...

The Securities and Exchange Board of India (Sebi) may find itself on a tricky terrain over the government's nudge to change rules on related...

Legal Factors The Startup Entrepreneur Must be Aware of While Running Business

Legal Factors The Startup Entrepreneur Must be Aware of While Running Business   Starting a new business or a startup is a very crucial decision made...

Procedure to be followed by Special Auditor for conducting Special Audit under Section 58A...

Special Auditor should always mention the name of the dealer, along with its TIN, whose accounts are to be audited and the period...

Voluntary disclosure does not release assessee from mischief of penal proceedings under section 271(1)(c)

   SUPREME COURT OF INDIA MAK Data (P.) Ltd. v. Commissioner of Income-tax – II OCTOBER  30, 2013  Under Explanation 1 to s. 271(1)(c), voluntary disclosure of concealed income...

Property Tax Gurgaon

The Municipal Corporation of Gurgaon (MCG) is responsible for collecting property tax in Gurgaon, Haryana. Property tax is an annual...

Haryana VAT One Time Settlement Scheme 2023

The best thing we like about the scheme is that it is a very wide scheme which covers not only the dispute tax but...

Budget to unveil 2nd generation reforms: Jaitley

A "whole set of second generation reforms" will be unveiled in the next Union Budget, Finance Minister Arun Jaitely said today, promising "a lot...

Applicability of Corporate Social Responsibility – Companies Act 2013

Section 135 of Companies Act, 2013 provides for provisions regarding Corporate Social Responsibility (CSR) requirements for companies. Every company falling within the prescribed threshold...

ITR filing rules for children 2023: When is it mandatory to pay taxes and...

Income Tax Return filing rules for children 2023: Check ITR and taxation rules for children for AY 2023-24 Age is not an excuse when it...

Companies (Authorized to Register) Amendment Rules, 2023

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION In exercise of the powers conferred by sub-section (1) of section 164, sub-section (1) of section 466, section 367 and...

Pre-Pack Resolution For ‘Slightly Bigger’ Companies May Be Introduced By Government Under Insolvency And...

The government is weighing the idea of a pre-pack resolution framework for slightly bigger companies under the umbrella of Insolvency and Bankruptcy Code (IBC)...

Budget Highlights Year 2023-24

Appointment of 100 Joint Commissioners for the disposal of small cases. Leave encashment limit increased from 15 lakhs to 25 Lakhs Surcharge Rate - Higher Slab reduced from...

MCG Property Tax Gurgaon

Property Tax Gurgaon The Municipal Corporation of Gurgaon (MCG) is responsible for collecting property tax in Gurgaon, Haryana. Property tax is an annual tax levied...

Delhi HC directs RBI, Centre to ensure compliance of framework on e-lending

The RBI said online lending platforms are deployed by banks/NBFCs for the grant of loans that can either be owned by them or availed...

Finance Ministry Issues Instructions regarding NIC Guidelines on Cyber Security to Officers

The Ministry of Finance, Department of Revenue has issued a set of Instructions to all officers/officials of the Department of Revenue to follow Cyber...

ICFAI Not liable to Pay Service Tax under Commercial Training or Coaching Service: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench consisting of Ramesh Nair, Judicial Member and Raju, Technical Member held that Chartered...

Budget FY24: International Road Federation seeks removal of GST on helmets

At present a GST of 18 per cent is levied on helmets. ”IRF…in a letter written to the Union finance minister Nirmala Sitharaman has...

Tax credits for charity spending by businesses may go

The government is likely to introduce amendments to Goods and Services Tax (GST) law through the Finance Bill, 2023, denying businesses credit for the...

NRIs without PAN can manually file Form 10F till March 31, 2023, to avoid...

The Central Board of Direct Taxes (CBDT) has offered one-time relief to non-resident Individuals (NRIs) not having PAN by allowing them to file Form...

5 income tax rule changes announced in Budget 2023

During the Union Budget speech in the House, Union Finance Minister Nirmala Sitharaman on Wednesday announced change in income tax slabs, up to ₹7 lakh...

New Income Tax Slab 2023-24 for Senior Citizens: Old vs New – What will...

What is the New Income Tax Slab 2023-24 for Senior Citizens? Union Budget 2023 proposed new income tax slabs and rates under the simplified...