NewsTaxIndia, Author at NewsTaxIndia

Summary Major Developments in Corporate Laws in the Year 2016

December 27, 2016 NewsTaxIndia0 comments789 views

Developments in Corporate Laws:- Major policy initiatives and achievements of the Ministry of Corporate Affairs (MCA); MCA entrusted with the responsibility to administer the Insolvency and Bankruptcy Code, 2016 (Code); The Insolvency and Bankruptcy Board of India (IBBI) established; Stabilization of the Cost Records and Audit … Continue Reading →

Public News

Summary Major Developments in Corporate Laws in the Year 2016

December 27, 2016 NewsTaxIndia0 comments791 views

Public News

Finance Minister: There is need of Mindset for Voluntary Compliance and Payment of Taxes

December 27, 2016 NewsTaxIndia0 comments713 views

Finance Minister: There is a need for move towards a mindset of voluntary compliance and payment of legitimate taxes should be considered as part of the process and nobody should think that tax evasion is acceptable; Payment of due tax is a responsibility of every … Continue Reading →

Public News

Manager of Co-Operative Urban Bank accused for changing Rs.25 crores Demonetised Currency into Legal Tender

December 25, 2016 NewsTaxIndia0 comments852 views

Manager of Co-Operative Urban Bank accused for changing Rs.25 crores demonetised currency into legal tender CBI REGISTERS A CASE AGAINST TWO MANAGERS OF COOPERATIVE URBAN BANK; A MUMBAI DOCTOR & OTHERS -SEARCHES CONDUCTED CBI Press Release New Delhi, 23.12.2016 The Central Bureau of Investigation has … Continue Reading →

Public News

Ease of Getting Passport: Announcement of new Passport Rules

December 25, 2016 NewsTaxIndia0 comments865 views

Ease of Getting Passport: Announcement of new Passport Rules In order to streamline, liberalize and ease the process of issue of passport, the Ministry of External Affairs has taken a number of steps in the realm of passport policy which is expected to benefit … Continue Reading →

Income Tax

Clarifications on the Direct Tax Dispute Resolution Scheme 2016

December 25, 2016 NewsTaxIndia0 comments774 views

Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 Circular No.42/2016, Dated: December 23, 2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter referred to as ‘the Scheme’) incorporated as Chapter X of the Finance Act, 2016 provides an opportunity to tax payers who are … Continue Reading →

Income Tax

FAQs on Indirect Transfer provisions under the Income Tax Act 1961

December 23, 2016 NewsTaxIndia0 comments1459 views

Clarifications on Indirect Transfer provisions under the Income Tax Act, 1961; CBDT Circular No. 41/2016; Dated: December 21, 2016 F.No.500/43/2012-FT&TR Under the indirect transfer provisions contained in section 9(1)(i) of the Income Tax Act, 1961 (‘Act’), all income accruing or arising, whether directly or indirectly, through or … Continue Reading →

Personal Finance

Old Bank Notes can be used for Payment of Tax under Pradhan Mantri Garib Kalyan Yojana upto 30-12-16

December 23, 2016 NewsTaxIndia0 comments890 views

Old Bank Notes can be used for Payment of Tax under Pradhan Mantri Garib Kalyan Yojana upto 30-12-16; Payments towards Tax, Penalty, Surcharge and Deposit under PMGKY 2016 in Old Demonetised Currency allowed till 30th December, 2016. The Central Government has decided that up to 30.12.2016, … Continue Reading →

Personal Finance

Old Bank Notes can be used for Payment of Tax under Pradhan Mantri Garib Kalyan Yojana upto 30-12-16

December 23, 2016 NewsTaxIndia0 comments920 views

Personal Finance

Government Clarification on Amendment to Payment of Wages Act 1936

December 23, 2016 NewsTaxIndia0 comments1029 views

Government Clarification on Amendment to Payment of Wages Act: It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to make mandatory the payment of … Continue Reading →