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UPDATE SERVICE TAX : 0.5% FOR SWACHH BHARAT CESS

0.5% will be applicable for Swachh Bharat Cess from 15/11/2015 by Notification No. 22/2015. [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) New Delhi, the 6 th November, 2015 Notification No. 22/2015-Service Tax G.S.R. ---(E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) read with sub-section (5) of section 119 of the Finance Act, 2015 (20 of 2015), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts all taxable services from payment of such amount of the Swachh Bharat Cess leviable under sub-section (2) of section 119 of the said Act, which is in excess of Swachh Bharat Cess calculated at the rate of 0.5 percent. of the value of taxable services: Provided that Swachh Bharat Cess shall not be leviable on services which are exe...

REMINDER : PAY VAT AND/OR SERVICE TAX

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      (1) SERVICE TAX   IS BEING PAYABLE (ELECTRONICALLY), ON OR BEFORE 06/10/2015 , FOR THE TAX PERIOD ENDING ON 30/09/2015.   (2) VAT , FOR MONTHLY/QUARTERLY DEALERS, IS BEING PAYABLE , ON OR BEFORE 12/10/2015 OR 22/10/2015 (AS APPLICABLE), FOR THE TAX PERIOD ENDING ON 30/09/2015.

Happy Independence Day

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Happy Gurupurnima

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GVAT UPDATE : MORE EXTENTION OF TIME LIMIT FOR CIVIL WORKS CONTRACTORS

ONCE AGAIN THE TIME LIMIT IS EXTENDED FOR THE REMISSION FOR CIVIL WORKS CONTRACTORS IN GVAT ACT BY CIRCULAR Dtd : 03/06/2015.

INCOME TAX CIRCULAR ABOUT TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSETS

THE CIRCULAR NO. 13 OF 2015 IS PUBLISHED ON 06/07/2015 FOR THE CLARIFICATIONS ON TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSET.

INCOME TAX CIRCULAR : ABOUT INSTRUCTIONS TO SUBORDINATE AUTHORITIES - CONDONATION OF DELAY IN FILING REFUND CLAIM AND CLAIM OF CARRY FORWARD LOSSES UNDER SECTION 119(2)(b)

THERE HAS BEEN PUBLISHED A CIRCULAR No. 9/2015, REGARDING THE ABOVE SUBJECT ON 09/06/2015.