Real Estate (Regulation and Development) Act, 2016 was first passed by Rajya Sabha on March 10, 2016 and passed by Lok Sabha on March 15, 2016. RERA Bill was first introduced in the year 2013.
Author: NEHA GOYAL
CBDT Issues Clarification on furnishing Statement of Financial Transaction SFT
Section 285BA of the Income-tax Act, 1961 requires furnishing of a statement of financial transaction,
RERA May Sieve Out Non-Serious Players
RERA, the new realty law that aims to bring transparency and accountability to the real estate market.
E-Sanad, Online System for Document Attestation For Those Who Go Abroad
The Indian government has launched an online system, called eSanad for document attestation.
Income Tax Department launches Operation Clean Money Portal
The Honourable Union Minister of Finance, Shri Arun Jaitley officially launched the Portal of Operation Clean Money.
Exemption from Aadhaar Quoting to Certain Individuals
CG notified that the requirement of quoting of Aadhaar shall not apply to the certain individuals.
Be Aware – Now Statement of Financial Transaction replaced AIR
The Statement of financial transactions need to be prepared by the person required to be audited in the income tax act 1961.
GST Council Finalise GST Rates
GST Council specifies rates 5%, 12%, 18% & 28% and categorised 1211 items under various tax slabs.
Company Secretary (CS) Profession – The Game Changer
Career as a company secretary is strictly for the dedicated people who have the ability to pay meticulous attention to detail. Company secretaries must be able to communicate effectively with people from all other departments of a particular company to ensure that the company practices are both legally and financially acceptable.
CSR Provisions – Obligation or Opportunity in the context of Corporate thinking
With the introduction of Corporate Social Responsibility provisions, many corporate consider this provision to be a burden on them. Many of them believe that the business set up by them is for the betterment of their own and their successors and when the Society’s welfare comes into picture, they say that govt.
Gratuity – A Benefit On Your Retirement
Gratuity is a lump sum amount given by the employer to the employee for recognizing to the employee’s service.
Goods and Services Tax Network (GSTN) is carrying out a pilot test on return filing.
GSTN is conducting pilot test on return filing. It will be a live test using 4,000 taxpayers
GST – 10 points that you should know about E-Way Bills
E-Way Bill will be required for movement of all goods, whether within the state or across states and shall be generated where value of goods exceeds Rs 50,000
GST Migration – Process and Development Till Date
GST Transition provision- section 139 of CGST Act, 2017 read with Rule 16 of GST registration, prescribes the process of migration which can be summarized in the following manner.
2 More Unilateral Advance Pricing Agreements Signed by CBDT
CBDT entered into two more unilateral Advance Pricing Agreements (APAs) on 27th April, 2017.