TaxIndiaUpdates.In : GST, Service Tax, Income Tax, VAT, Tax Planning

Form 1 of PMGKY submission date extended upto 10 April 2017

March 31, 2017 TaxIndiaUpdates In0 comments2232 views

Form 1 of Pradhan Mantri Garib Kalyan Yojana (PMGKY) submission date extended upto 10 April if Tax and deposit made upto 31-3-2017 CBDT has clarified vide Circular No. 12 of 2017 dated 31st of March, 2017 that considering the rush in banks during last … Continue Reading →

Service Tax

The Finance Act 1994

March 31, 2017June 15, 2017 TaxIndiaUpdates In1 comments15911 views

The Finance Act 1994 (Service Tax) Section 64 – Extent, commencement and application (1) This Chapter extends to the whole of India except the State of Jammu and Kashmir. (2) It shall come into force on such date as the Central Government may, by notification … Continue Reading →

customs

Clarification regarding amendment in Special Economic Zone Rules 2006

March 31, 2017April 1, 2017 TaxIndiaUpdates In0 comments1941 views

Clarification regarding amendment in Special Economic Zone Rules 2006 in Rule 47, after sub-rule (4) dated 05.08.2016 – reg Representations have been received from field formations requesting clarification regarding amendments made in the Special Economic Zone Rules, 2006 by way of inserting a new Rule … Continue Reading →

Budget 2017

The Finance Act 2017 (No. 7 of 2017)

March 31, 2017April 9, 2017 TaxIndiaUpdates In2 comments23386 views

The Finance Act 2017 (No. 7 of 2017) The Finance Bill 2017 has been passed by Lok Sabha and by Rajya Sabha with certain amendments. As per sources (http://egazette.nic.in) Finance Bill 2017 now becomes the Finance Act 2017 (No. 7 of 2017) on 31st March, … Continue Reading →

Goods and Service Tax

Four Bills of GST (CGST, IGST, UTGST and State Compensation) has been Passed by Lok Sabha with Amendments

March 30, 2017March 30, 2017 TaxIndiaUpdates In0 comments2468 views

Four Bills of GST (CGST, IGST, UTGST and State Compensation) has been Passed by Lok Sabha with Amendments On Wednesday, 29th March, 2017, the Lok Sabha gave its nod to the all four bills which crucial for the implementation of GST regime in india. The … Continue Reading →

customs

CBEC Circular on Disposal of seized or confiscated cigarettes of foreign origin

March 29, 2017March 30, 2017 TaxIndiaUpdates In0 comments2921 views

CBEC Circular on Disposal of seized or confiscated cigarettes of foreign origin Subject: Disposal of seized/confiscated cigarettes of foreign origin vis-à-vis provisions of the Cigarettes and other Tobacco products (Packaging and Labelling) Rules, 2008. I am directed to refer to Board’s instructions of even … Continue Reading →

Goods and Service Tax

The Central Goods and Services Tax Act 2017

March 29, 2017 TaxIndiaUpdates In0 comments4928 views

THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 A BILL to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and the matters connected therewith or incidental thereto. BE it enacted … Continue Reading →

Income Tax

Petitions seeking condonation of delay in making payment of first instalment under the Income disclosure Scheme 2016

March 28, 2017 TaxIndiaUpdates In0 comments2721 views

Order under section 119 of the Income-tax Act, 1961 Subject: Petitions seeking condonation of delay in making payment of first instalment under the Income disclosure Scheme, 2016-reg.- The Board has received condonation petitions under section 119 of the Income-tax Act, 1961 (‘Act’) from some … Continue Reading →

Goods and Service Tax

GST Bill 2017 [Bill No. 57 of 2017] has been Introduced in Loksabha

March 27, 2017 TaxIndiaUpdates In0 comments3276 views

GST Bill 2017, IGST Bill 2017, UTGST Bill 2017 and GST Compensation Cess bill 2017 has been Introduced in Lok Sabha by Hon’ble Finance Minister Sh. Arun Jailty GST Bill 2017 as introduced in Lok Sabha IGST Bill 2017 as introduced in Lok Sabha THE … Continue Reading →

Income Tax

CBDT Notification No. 17/2017 dated 23-03-2017 Regarding electronic mail or electronic mail message

March 27, 2017March 27, 2017 TaxIndiaUpdates In0 comments3476 views

CBDT Notification No. 17/2017 dated 23-03-2017 Regarding electronic mail or electronic mail message GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES Notification No. 17/2017 New Delhi, the 23rd March, 2017 G.S.R. 283(E).- In exercise of the powers … Continue Reading →