UPDATE SERVICE TAX : 0.5% FOR KRISHI KALYAN CESS
0.5% will be applicable for Krishi Kalyan Cess from 01/06/2016 by Notification No. 31/2016.
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SERVICE TAX REMINDER : TIME FOR PAYMENT OF TAX
SERVICE TAX IS BEING PAYABLE, BY WAY OF E-PAYMENT, ON OR BEFORE 31/03/2016, FOR THE TAX PERIOD ENDING ON 31/03/2016.
GVAT UPDATE : TIME LIMIT EXTENTED FOR FILING OF GVAT RETURNS
TIME LIMIT FOR FILING OF GVAT MONTHLY AND QUARTERLY RETURNS IS EXTENDED BY CIRCULAR DATED : 29/02/2016.
GVAT UPDATE : PAYMENT OF TAX BY ELECTRONIC WAY IS NOW COMPULSORY.
NOW PAYMENT OF TAX OF Rs. 50,000/- OR MORE, MUST BE PAID BY WAY OF ELECTRONIC PAYMENT, FROM THE TAX PERIOD ENDED ON 31/12/2015, BY CIRCULAR DATED : 06/01/2016.
GVAT UPDATE : INCREASED RATE OF VAT AND CESS ON PETROL AND DIESEL
NEW RATE OF VAT AND CESS ON PETROL AND DIESEL IS APPLICABLE FROM 06/01/2016 BY CIRCULAR DATED : 05/01/2016.
