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New Scheme for ECB Borrowings Introduced
26 June 2012 at 11:32Policy Relating to FII Investments in Government Securities and Long-Term Infrastructure Bonds Rationalized; The policies relating to FII Investments in Government Securities, Corporate Bonds, Long-Term Infra Bonds and ECB of Indian Companies an
RBI announces Further Liberalisation Measures for Capital Account Transactions
25 June 2012 at 16:52The Reserve Bank of India (RBI), in consultation with the Government of India has decided to introduce the following measures with immediate effect: It has been decided to allow Indian companies in manufacturing and infrastructure sector and hav
Adjustment Of Refunds Against Arrears: CBDT Circular
25 June 2012 at 11:31SECTION 119 OF THE INCOME-TAX ACT, 1961 - INCOME-TAX AUTHORITIES - INSTRUCTIONS TO SUBORDINATE AUTHORITIES - AUTHORIZATION OF AOs IN CERTAIN CASES TO RECTIFY/RECONCILE DISPUTED ARREAR DEMAND CIRCULAR NO. 4 OF 2012 DATED 20-6-2012 The Board has
Extending due date for filing Form 49C for the Financial Year 2011-12 - regarding
25 June 2012 at 11:31F.No.225/124/2012/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 20thJune 2012. Order under Section 119 of the Income Tax Act, 1961- extending due date for filing Form 49C for th
Guidelines for setting up and conversion of firms of PCS into LLPs
25 June 2012 at 11:32GUIDELINES FOR SETTING UP AND CONVERSION OF FIRMS OF PCS INTO LLPs In exercise of powers conferred by Clause (1) of Part II of Second Schedule to the Company Secretaries Act, 1980 (56 of 1980), as amended by the Company Secretaries (Amendment) Ac
ICAI requests CBDT to review the ITR forms vis-a-vis Revised Schedule VI
25 June 2012 at 11:32The Ministry of Corporate Affairs (MCA) has notified the Schedule VI (Revised) which is applicable in respect of Balance Sheet and Profit and Loss Account prepared for the financial year commencing on or after 1.4.2011. The Revised Schedule VI had
MCA Notification on Investor Education
23 June 2012 at 12:42The Ministry of Corporate Affairs has notified that Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, has mandated every company to file e-Form 5INV containing
14 new services exempt from Service Tax
22 June 2012 at 12:11PRESS RELEASE, DATED 20-6-2012 1. In a function held today (20-6-2012) in North Block, Hon'ble Finance Minister released the Guidance Paper on the new approach to service tax. The public release of the Guidance Paper marks the culmination of
Taxation of Services - An Education Guide
21 June 2012 at 19:03PRESS RELEASE, DATED 20-6-2012 1. Introduction 1.1 Background The journey of taxation of services began by selective taxation of just three services on July 1, 1994. The first year collections now appear a very modest at Rs 407 crore. After a
New Notifications on Service Tax Law
21 June 2012 at 12:12Notification No. 25/2012-ST, dated 20-6-2012 Notification No. 26/2012-ST, dated 20-6-2012 Notification No. 27/2012-ST, dated 20-6-2012 Notification No. 28/2012-ST, dated 20-6-2012 Notification No. 29/2012-ST, dated 20-6-2012 Notification
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