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Monthly Archives: July 2017

Due date of filling of income tax return extended

New Delhi: In view of the difficulties faced by taxpayers, date for filing of Income Tax Returns for FY 2016-17 has been extended to 5th August, 2017. The official twitter handle  twitted this after various request and user. In view of the difficulties faced by taxpayers,

Govt plans new agency to keep check on CAs

NEW DELHI: The government is reviewing plans to put in place the National Financial Reporting Authority (NFRA) as it seeks to rein in the Institute of Chartered Accounts for India (ICAI) for its perceived failure in enforcing discipline. While Companies Act 2013 had provided for

MY GOV portal announced GST Quiz winners 

My gov is government is a government portal which regulary organise quiz of various government programs, provides regular updates on activities taking place on MyGov, including discussions, tasks, contests, talks, and other activities of interest. For GST participation of users and to aware citizen about

Get Ready for Transport E-way Bill

The Goods and Service Tax (GST) is rolled out on 1 July, 2017 (in few countries it is also known and Value Added Tax) and definitely this will create a positive as well as negative impact on various sectors. Sectors like Textiles, Auto, Engineering, Capital

IMPACT OF GST ON SMALL TRADERS

As we know, despite of numerous benefits of GST it will be very difficult for traders, turnover not less than 20 lakhs, to adopt it in its present form because of the complications that would arise after its implementation. PROBLEMS THAT ARE GOING TO ARISE