News & FAQs

Charges collected for late filing of TDS return is a fees and not a tax

News & FAQs | By ALOK PATNIA | Feb 14, 2015

The fee sought to be levied under section 234E for late filing of TDS return is not a tax that is sought to be levied on the deductor. If...

Black money will ever convert to white???

News & FAQs | By ALOK PATNIA | Feb 11, 2015

Black money, a topic which is always been talked about. This had always been center for discussion in general public, government etc. Ban...

Rise in service tax collection shows real or fictitious growth of the economy??

News & FAQs | By ALOK PATNIA | Feb 6, 2015

It has been nine months of NDA Government and the early revenue figure for the said period indicates uplift in business sentiments. The e...

Modi mulling excise and service tax exemption to Startups

News & FAQs | By ALOK PATNIA | Feb 5, 2015

When Modi government came into power, through our article, 4 Things NaMo can do to help entrepreneurship eco-system in India, we expres...

Cuts in SLR will increase credit facility to productive sectors

News & FAQs | By ALOK PATNIA | Feb 3, 2015

High hopes from sixth bi-monthly monetary policy review, 2014-15 of Reserve Bank of India (RBI) got shattered today when it kept the key ...

Apply online for IEC with 10 notified banks only

News & FAQs | By ALOK PATNIA | Jan 31, 2015

The public notice no. 83 dated 30th January, 2015 has once again raised the hope of all importers/ exporters. Vide this notice, DGFT had ...

Issue of shares at premium is a Capital Account transaction

News & FAQs | By ALOK PATNIA | Jan 30, 2015

The Union Cabinet decided not to file SLP against the order of the Bombay High Court in the case of Vodafone India Services Private Limit...

Amendments in SEBI (ICDR) will ease Foreign Fund Flow

News & FAQs | By ALOK PATNIA | Jan 28, 2015

Securites and Exchange Board of India (SEBI) has approved the proposal of carrying out some amendments in SEBI (ICDR) Regulations, 2009 t...

High rate of 9.1% announced on "Sukanya Samridhi Account"

News & FAQs | By ALOK PATNIA | Jan 26, 2015

Finance Minister in his budget speech 2014-15 has announced a new scheme named “Sukanya Samridhhi Account” vide Notification ...

Books of accounts shall be at registered office to avoid penalty

News & FAQs | By ALOK PATNIA | Jan 22, 2015

The registered office address of a private company is usually different from the actual place of business. Registered office address for ...

DIR 11 may be signed by CA/CS/CMA instead of Foreign Director

News & FAQs | By ALOK PATNIA | Jan 22, 2015

The Companies Act 2013 was in force from 1st April, 2014 and every professional is still trying to compile with all the provisions of the...

Government may exempt startups from startup tax incorporated earlier

News & FAQs | By ALOK PATNIA | Jan 21, 2015

Source : Economic Times Startups currently in the market for angel funding may soon not have to worry about the taxman or relocating over...

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