Labour markets are continuing to recover from the crisis and employment is set to return to pre-crisis levels in 2017, Indirect tax collection for the 1st quarter of 2016-17 indicates a growth rate of 30.8% The figures of indirect taxEase of Doing Business Paperless PAN & TAN application process. For fast tracking the allotment of PAN and TAN to company applicants, This is to inform you that as per the Notification No. 37/2016: F.No. 370142/12/2016-TPL dated 27 May 2016 read with Finance Act, 2016Government today constituted a Committee headed by Dr. Shankar Acharya (former Chief Economic Adviser)Hon PM Shri Narendra Modi on 8th November. 2016 (Tuesday) announced scrapping of Rs 500 and Rs 1,000 notes.Lets understand, explore, share experience of the events unfolding after The ban of Rs.500/1000 note in India is creating havoc in the Indian markets. The income tax return season is in full swing with 31st July approaching fast.To encourage any recognized form of business at an individual level and to overcome any disputesA person becomes senior citizen under Income Tax Act in any year after attaining the age of 60 even for one day. In this Article we have Compiled Service Tax Rate Charges from 01.06.2015 to 14.11.2015, 14.11.2015 to 31.05.2016 and Rates from 01.06.2016. We have considered Krishi Kalyan Cess as applicable from 01.06.2016 and also given a Snapshot of effective rates of Service tax under Abatement, Reverse Charge and Valuation Rules.Synchronisation of financial accounting year with calendar year Government has constituted a Committee to examine the desirability and feasibility of having a new financial year..Sub: Threshold Limit of tax audit under section 44AB and section 44AD clarification regarding. Section 44AB of the Income-tax Act (the Act) makes it obligatory for every person carrying on business to get his accounts of any previous year audited if his total sales The model GST law has been released on 14th June, 2016. It outlays the basic structure of the CGST act; SGST acts to be based on the structure laid out. The draft of the IGST act has been also released as a part of the Model GST law.