Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: cpt :: VAT Audit :: ACCOUNTING STANDARDS :: empanelment :: form 3cd :: list of goods taxed at 4% :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
« News Headlines »
 Have you missed the due date of filing your Tax Returns?
 What you should know about income tax refunds
 Income tax scrutiny to remain limited despite surge in returns filed
 Regarding Filing of online return for first quarter of 2017-18 extension upto 01-09-2017
 Deadline to file returns extended to 28 August for biz with transitional
 GST input tax credit form
  How to rectify income tax returns
 Govt extends tax exemption for industry in North East, hilly states
 Should you file revised Income Tax returns; find out here
 Tax Deducted at Source (TDS) in Goods & Services Tax (GST)
 10 companies that blamed GST for soft June quarter

FinMin no to raising bond limits of NHAI
September, 02nd 2006
The finance ministry is not considering further increasing the bond limit of Rural Electrification Corporation and National Highways Authority of India. This move will impact investors who wanted to save on payment of capital gains tax by investing in these bonds. Bonds of REC and NHAI, to be issued during financial year 2006-07, had been notified by government on June 29 for Rs 4,500 crore and Rs 1,500 crore respectively. Both the bonds have been fully subscribed. There is no proposal at the moment to increase the limit of the bonds. Investors who are keen to invest their capital gains should park such gains in the capital gains bank account, A K Sinha, spokesperson for the Central Board of Direct Taxes said. Section 54EC of Income-tax Act, 1961, provides tax exemption on capital gains arising from the transfer of a long-term capital asset, if such capital gains are invested in certain bonds within a period of six months after the date of such transfer. The government had notified REC and NHAI bonds for the purpose in the budget this year. Asked when the CBDT would notify the final guidelines to establish whether an entity or individual investing in the stock market was an investor or a trader, Sinha said, The department is in the process of formulating the policy. It is likely to finalise its position in the next one or two months. Commenting on the income tax returns received, Sinha said 1.26 crore returns had been received during April 1-July 31 compared with 0.77 crore in the corresponding period last year. Of the total returns, 4 lakh returns had been filed through post offices. Asked if the Mauritius Double Taxation Avoidance Agreement was being reviewed, he said, Mauritius has agreed for discussion which includes everything including a review. He however declined to discuss the specifics of the case. On the issue of duplicate Permanent Account Numbers, he said the department had detected 13 lakh duplicate PANs which would be removed within the intended deadline of December 31.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions