Revised Publication ‘ Compliances of Service Tax in Banking Sector ‘ updated by Finance Bill, 2016 Service tax on Banking and other financial services was imposed w.e.f.16-07-2001. The taxation of services has also undergone a paradigm shift from positive list…   Read more»

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 21/2016-Service Tax New Delhi, the 30th March, 2016 G.S.R.—(E).- In exercise of the powers conferred…   Read more»

New Publication “Central Excise Law and Procedure for Jewellery Industry (including 105 FAQs)” to promote ease of doing business The Union Budget 2016-17 has proposed to impose a 1% excise duty (without input tax credit) and 12.5 % (with input…   Read more»

Main Objects of Section 8 Company operating for Women Empowerment and Orphanage running:           To provide educational support to poor students belongs to economically disadvantaged, child labourers, disabled, orphans, semi orphans. To sensitize destitute women and adolescent…   Read more»

This section provides that every person carrying on the legal, medical, engineering or architectural profession or accountancy or technical consultancy or interior decoration or any other profession as has been notified by the Central Board of Direct Taxes in the…   Read more»