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New application process to fast track the allotment of PAN and TAN

   23 July 2016 at 11:25

For fast tracking the allotment of PAN and TAN to company applicants, Digital Signature Certificate(DSC) based application procedure has been introduced on the portals of PAN service providers M/s NSDL eGov and M/s UTIITSL. Under the new process PAN

Posted in Others  3 comments |   7776 Views


Govt to interact with Trade and industry on tax laws issues

   14 July 2016 at 14:58

Government accepts the recommendations of Sub-Committee of the High Level Committee to interact with Trade & Industry on Tax Laws on issues relating to compliance procedure for the excise duty,records to be maintained and other relevant administr

Posted in Others  1 comments |   2622 Views


Cabinet approves Implementation of the recommendations of 7th Central Pay Commission

   30 June 2016 at 10:39

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the

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Cabinet approves Tax and Production Incentives for Job Creation in Garment Manufacturing Sector

   23 June 2016 at 10:45

Cabinet approves Tax and Production Incentives for Job Creation in Garment Manufacturing Sector Cabinet approves Special Package for Job Creation & Export Promotion in Textile & Apparel Sector Special Package to create 1 Crore Jobs in 3 Years

Posted in Others  1 comments |   4065 Views


EVC can be generated through ATM now

   07 June 2016 at 10:45

Now Electronic Verification Code (EVC) can be generated through ATM. State Bank of India is the first bank to launch this facility which will facilitate its customers, who may not have a net-banking account, to e-verify their return. Other banks are

Posted in Others  2 comments |   6570 Views


Accounting code for payment of Krishi Kalyan Cess

   27 May 2016 at 13:21

Circular No. 194/04/2016-STF. No. 354/31/2016-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax Research Unit) ToPrincipal Chief Commissioners of Customs and Central Excise(All)Principal Chief Commissioners of Central Excise & Se

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Total 2891 kg gold collected under Gold Monetisation Scheme

   17 May 2016 at 10:50

Finance Ministry reviews the progress of Gold related Schemes; Total gold collected under Gold Monetisation Scheme (GMS) is 2891 kgs; Banks asked to put concerted efforts to mobilize more gold under the GMS in order to achieve the Scheme�s obje

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Pre-MEF Data Verification

   14 May 2016 at 10:58

As you are aware, every year, Professional Development hosts an online form popularly known as MEF ie., Multipurpose Empanelment Form at www.meficai.org This year in order, to make the Members aware as to what information is going to flow from Instit

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Budget session concludes - Over a dozen reform Bills passed

   14 May 2016 at 10:58

Budget session concludes ; Session productive, says Minister Shri M.A.Naqvi Government�s outreach to opposition resulting in better functioning of Parliament, says MinisterSittings of Parliament and Bills passed by Lok Sabha over last 2 years

Posted in Others |   3132 Views


Big Boost to Ease of Doing Business- Passing of Bankruptcy Code

   13 May 2016 at 10:38

Big Boost to Ease of Doing Business- Passing of Bankruptcy Code; Code is a comprehensive and systemic reform, which will give a quantum leap to the functioning of the credit market and would take India from among relatively weak insolvency regimes to

Posted in Others |   3306 Views