What's New 05/03/2015 Banks Abetting Stashing Face a Tough New law Patent Law Firms Look to Tap Demand from Startups Sebi offers simple process for opening of trading & demat a/ c Home Car Loans To Get Cheaper FINANCE BILL 2015 04/03/2015 No raids on traders since AAP took charge more relief soon BSE revises annual fee for companies Office of the Commissioner of Trade & Taxes Optional PF/ESI in Future 03/03/2015 Black Money Law to be Fair to Students Pros Illegal VAT refunds under cops scanner Office Of The Commissioner Of Trade & Taxes Sukanya Samriddhi not ideal for Tax Saving Transaction Charges on Card Payments may Go RBI revises priority sector lending norms 28/02/2015 GST roll-out necessary to shore up revenue kitty DDA Special Camp For Lease Hold to Free Hold Finance Bill 2015 27/02/2015 Jaitley likely to lay down roadmap for GST roll-out PMO Plans to Merge Tribunals for Efficiency Mandatory E-Filing of return in Form-5A by the Employer covered under EPFMPA 1952 Audit Firms Eye Fresh Commerce Grads 26/02/2015 Common KYC for securities and commodities from April Qualifying norms for start-up patent subsidy scheme now relaxed Govt notices to 31,000 NGOs for not filing returns Jan Dhan overdraft eligible for priority sector lending: RBI Unlimited liability on motor third- party cover soon to be on offer Form GNL-4 for filing addendum for rectification of defects or incompleteness 2 more Benches for advance I-T rulings From May 3, retain mobile number across country 25/02/2015 RBI Clarifies Definition of `Management Change' Priority Sector lending norms might be revised Insurers Will Soon Have You Covered On All Fronts 24/02/2015 PSB Staff to Get 15% Hike, 2nd & 4th Saturdays Off Now, 35 foreign private equity firms in tax soup 23/02/2015 FinMin May Find it Expensive to Fulfil Taxpayers Wishes Levy of Late TDS Filing Fee under Section 234E ICAI issues Guidance Note on Audit of Banks 2015 Edition EPFO Plans Medical Schemes for 46L Pensioners Projects in Critical Zones Exempted from Green Nod RBI Norms on Single Validation in a Few Weeks 21/02/2015 Tax reforms panel pitches for better revenue forecasting Small scale factories still need to obtain pollution, municipality permits in Delhi MCA notifies accounting norms, implementation road map New Upgraded And Secure Portal For E Filing OF FDI Application 20/02/2015 Update Mobile Number in Aadhar Govt Launches E-Biz Portal for Faster Nods, Transparency Expect Tax Goodies to all on B-Day 19/02/2015 Banks can give gold on loan to jewellers HNIs Get a Nudge from Taxman on Advance Tax Liability India Inc's fondness for delayed AGMs grows 18/02/2015 Boost for small industries in Delhi FinMin seeks Views on finance SEZs Soon, permanent status for govt contractual staff To Boost Foreign Fund in Core Sector, Taxation to be Clarified Your tax refund may get delayed this year Email addresses included in DSCs should be unique 16/02/2015 EPFO May Raise Age Limit under Scheme to 60 Yrs COS FIND SOME DEMANDS IRRATIONAL- No Respite to Investors from Tax Tangles PREVENTION OF CORRUPTION (AMENDMENT) BILL - Law Commission Says the Criminal Liability Clause is `Overboard' Challenge to TDS rule rejected 13/02/2015 Missed Credit Card Payment Date? You may Have to Pay Less Interest DIGITAL DRIVE - Lower Courts Computerisation by Mar CBDT panel to simplify tax procedures Tax evasion to be a criminal offence, invite prosecution SHIFT IN FOCUS OF INCOME-TAX DEPARTMENT FROM CIVIL CONSEQUENCES TO CRIMINAL CONSEQUENCES IN SERIOUS CASES OF TAX EVASION 12/02/2015 GAAR may be Deferred by Two Years to Boost Biz Sentiment IFRS May Lead to Higher Provisioning Officials Pushed to Meet I-T Collection Target 11/02/2015 Chargeability of Interest under Section 234A of the Income-tax Act, 1961 on self-assessment tax paid before the due date of filing of return of income-regarding Banks to refer export default cases to ED:RBI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi 10/02/2015 GST:1% non-creditable tax on manufactures miffs industry LTC Leave Encashment Can be Availed Once a Year New method to retrieve lost Aadhaar number Govt May Offer 13 Services on e-biz Portal by March 31 What The FM Could Be Thinking FSI to be raised in Mumbai, civic body can issue bonds:Fadnavis 07/02/2015 Now, you can get spouses income details through RTI 06/02/2015 Tax net:Foreign portfolio investors caught in a blind Listed companies spent Rs 1,600 cr on audit fees during 2013-14 05/02/2015 Land law: Exemptions extended to private firms Land rates hiked across Noida, Greater Noida by up to 18.4% FinMin mulling hiking lock-in period for PPF account 04/02/2015 STARTING BIZ MADE EASY No Certificate of Commencement Required to Start Business Don't Send Four or Less Seized Fake Notes to Police, Home Min tells RBI No retro tax effect, GAAR likely to be deferred again Buying a house overseas easier now Location Savings from Low-cost Bases are Not Taxable, Says Tax Tribunal Different deposit rates for those who want to withdraw prematurely 03/02/2015 RBI on unclaimed deposits CBDT asks I-T Dept to Step Up Efforts for Tax Collection Over 1,400 One-person Cos Set Up in 9 Months CBEC tells officers to go easy on issuing summons 31/01/2015 Good news for UP home buyers, register at allotment rate now Registrar to register unauthorised property 29/01/2015 Acceptance of the order of the Hon'ble High Court of Bombay in the Case of Vodafone India Services Pvt. Ltd.-reg. 28/01/2015 Now,CBEC forms teams to hunt for cos evading taxes 26/01/2015 INVESTMENTS THROUGH MAURITIUS - Many Cos Opt for Arbitration in Mauritius to Meet Norms Govt Plans Financial Centres Within SEZs Govt aims to clean up accounts Tax Liability Agreement to be an Asset for American Companies 24/01/2015 ICAI doubles stipend payable to CA students 23/01/2015 Sebi tweaks warrants issue, delisting rules Jaitley Pledge No Balm for MNCs' Tax Pain 22/01/2015 EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE(No.2) ACT, 2014 Transaction Aggregation Portal for MFs Launched Relief for CEOs as CBEC Goes Easy on Summons Companies with Foreign Subsidiaries Exempted from Filing CFS this Fiscal 3-year Bank FDs May Get Tax Exemption India, US to Untie Transfer Picng Knot Sebi Seto Give Foreign Ivestors Aces to Partly-Paid Instruments 21/01/2015 Tax evaders could soon face jail term 20/01/2015 New Platform to Track Cos' CSR Spending Soon Govt may Give Startups I-T Wiggle Room Rajiv Gandhi Equity Scheme A Hardsell Even After 2 Years 19/01/2015 Sebi to Consult CAs on Takeover Valuations Make Faster Payment with Contactless Card, but Take Precautions Govt may cap cash-in-hand at`10 lakh 16/01/2015 Clearance for extraction of ground water to go online 15/01/2015 EXTENSION of Last Date for filing MVAT Audit Report in e-Form 704 to 30-01-2015. RBI Eases Forex Hedging Contract Norms for Exporters, Importers 13/01/2015 NEW WAVE OF LABOUR REFORMS - Govt to Roll out 2 New Bills in Next Budget Session You can sue companies for misleading advertisements India Inc gets timeline for new ac standards Online purchase plaints on the rise Request For Proposal(RFP)For Information Systems (IS) Audit of Data Center and Treasury Operations 10/01/2015 With affordable solar panels,Delhiites can cut power bills SMART STEP - Pay fee online to register all your papers from Feb 09/01/2015 Call For Expression of Interest from CA Firms For Internal Audit of Peripheral Units MCA to Tweak Cos Act for Snapping Govt Reins on PSU Remunerations Draft of Income Computation and Disclosure Standards(ICDS) 08/01/2015 RBI prunes list of wilful defaulters Now, Only 3 Documents Needed to Export Govt puts off plan to retire 15-yr-old pvt cars 07/01/2015 Cops will send legal notice if you block an ambulance Law Firms Venture into Audit Companies'Turf Send nmoney via email to your contacts DDA cuts conversion charges; Relief for shop owners 06/01/2015 Cos Petition Ministry on Salary Payments Sebi proposes curbs on wilful defaulters Wife has no right over in-laws’ own house, says court Conversion to Free Hold of Expired Leases in Paharganj, Daryaganj, Karol Bagh etc. Hindustan Times, New Delhi 06-01-2015 Go freehold 05/01/2015 Two Bodies on the Cards to Implement New Cos Law 03/01/2015 Guidelines for Regional Authorities (RAs) to process Online IEC Applications DVAT Dealers correct Purchases of Q4 of 2013-14 by 16.1.15 02/01/2015 Go freehold if your house is on govt land Rush for property registrations sees record stamp duty revenue 31/12/2014 New simplified building bylaws approved, sanction plans made user-friendly 30/12/2014 RBI eases norms for Indian cos investing abroad 29/12/2014 Empanelment of Charted Accountant Firm / LLP For the year 2014-16 Sebi to revamp initial public offer process 26/12/2014 No VAT on sale of second hand cars etc. Delhi HC Centre to push states for biz reforms Taxmen to Keep Wednesdays for Hearing Out Grievances Dealers on top e-tail sites under VAT dept lens Purchases over Rs 1L to need PAN, Aadhaar? 23/12/2014 Pre-2005 Note Cut-off may Get an Extension RBI Makes Life Hard for Defaulting Borrowers Govt Can't Recover Money Wrongly Paid to Workers: SC Co Accounts to be Aligned to IFRS PF Makeover may Bring Down Employee Outgo To maximise revenue, N body to assign unique code to all buildings 22/12/2014 BANKS COMMISSION AUDITS AFTER RBI RAP -Forensic Audits Help Banks Blow the Lid Off Frauds Sebi probes money laundering at cos January 1 is Deadline to Exchange pre- 2005 Notes 20/12/2014 Govt to register construction workers in Delhi 19/12/2014 Sebi Uses New Powers to Effect First Arrest NPS -Tax Benefits for Corporates and Employers 18/12/2014 Cabinet Okays GST Bill, May be Taken up in Parliament Today LS Clears Changes to Companies Act ON GOVT'S WISH LIST - Separate Unit for Transfer Pricing Case Disposal 17/12/2014 LS clears moratorium on demolition of illegal buildings in Capital 16/12/2014 Real estate bill revised, relief given to builders 1 Consumer courts to hear telecom users’ complaints SEBI Public Notice On Vanishing Companies RBI brings all loans to infra cos under relaxed 5/25 norms Govt Plans 30% Local Procurement for Foreign Firms EPF Coverage: Govt Mulls Plan to Cut Threshold Limit 15/12/2014 128 'vanishing companies' traced; under government's 'watch list' You'll have to Pay more for a Car in New Year You Can `Bank' on More Rights as a Customer Sebi Says No to Bonus Stripping Last date for CLSS 31-12-2014 11/12/2014 INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961. Eye on polls, illegal properties spared the hammer till 2017 10/12/2014 More Group Health Policies Now Cover OPD Expenses Registration Must for Brokerages, Analysts, Says Market Regulator Sebi Final Law to Ban Child Labour Soon 09/12/2014 Aadhaar details not mandatory for PF transactions: Government 06/12/2014 More clarity on Immoveable Property Laws 03/12/2014 No EMI Relief as RBI guv keeps Rates Intact No foreign funds for NGOs without approval Companies (Amendment) Bill, 2014 Public Notice- Special drive for disposal of 'Objections' relating to mismatch of Annexures 2A & 2B for 2012-13 Shome Panel in Favour Of Getting Back FBT, BCTT 30/11/2014 I-T to probe black money in realty market 28/11/2014 Extension of Last Date for E- Filing Form 9 Attention: Dealers Selling Goods to Embassies, high Commission & International Organizations 27/11/2014 Apprenticeship Amendment Bill Gets RS Nod FAR hike for plots over 750 sq m passed Planning to buy property? Consider these 10 points before Striking a Deal Green court bans old vehicles, waste burning 26/11/2014 Offshore Black Money: ED for Seizing Domestic Equivalent Amendment Of Labour Laws - Labour Bill Gets Rajya Sabha Nod CURTAILING GROWTH - NBFCs Find New Rules Too Tight for Comfort 24/11/2014 Buy Parking Lot First, the Car Comes Later BIFR Sole Authority to Move Cos Out of Its Supervision: SC 20/11/2014 Congestion Charge, one-time parking fee in North Budget Sebi Tightens Delisting and Insider Trading Regulations 19/11/2014 Sebi may Reduce Listing Time Most States May Agree on Rs 25-lakh GST Threshold New Kisan Vikas Patras may Fail to Draw in Investors Sebi Likely to Relax Norms to Make Delisting Easier South Body Moots Property Tax Hike Bombay HC Rules in favour of Shell inTransfer pricing Case 18/11/2014 BID TO BOOST DOMESTIC SAVINGS - Kisan Vikas Patra Rolls Out Again to Stop Gold Rush E-registration fee soon for all documents Extension of time for holding AGM Companies registered in Jammu and Kashmir Maharashtra develops Aadhar-linked e-locker for crucial documents 15/11/2014 Register All Leasehold Property Sales 14/11/2014 Registration of Builder Buyer Agreement & Development Agreement Mandatory in Delhi 13/11/2014 You will Soon Get a Single Statement for MF & Share Bets Panel Suggests 16 Slabs for GST 12/11/2014 Money Paid Under Consent Settlement Can be Treated as Business Expense: ITAT Building by-laws to get simpler, easier to follow and faster New NBFC Rules Likely to Lower Profits and Raise NPAs' Cherished GST Dream One Step Closer to Reality Govt Plans New Policy to Boost Household Savings Govt to Scan Advance Tax for Black Money New Insider Trading Norms to Target Honchos, Auditors Clarification on matters relating to companies (Cost Records And Audit) Rules 2014 DVAT Advisory for Sales in Trade Fair 11/11/2014 RBI Tightens Bad Loan Guidelines for NBFCs E-tailers may come under Consumer Law 10/11/2014 Filing of Online Return for 2nd quarter of 2014-15 – Extension of period thereof 09/11/2014 Builder Buyer Agreements Illegal 07/11/2014 RBI makes SMS Alerts for Cheques Mandatory India Seeks Global E-comm Tax Rules 04/11/2014 Govt Plans Kiosks for Easy Access to Court Documents More Contract Workers to Gain EPFO Benefits 03/11/2014 HC stays penalty on I-T returns filed till extended Nov 30 deadline 31/10/2014 It's a Deal: New Law may Help you Sue Etailers from your City RBI Hikes Gold Loan Limit for UCBs to Rs 2 lakh Karnataka's VAT Tweaks May Force Amazon's Exit 30/10/2014 Govt Relaxes FDI Rules in Construction Sector Tax refunds Hit Collection Growth Sebi Notifies New ESOP Norms I -T may Train Guns on Cos that Lag Sector 28/10/2014 Save on Tax with ELSS and also Ride the Market Rally Bonus-stripping Strategy Can Help Reduce Capital Gains Tax 21/10/2014 Industrial Licence Validity Extended to 7 Yrs Govt may Relax Corporate Fraud Reporting Norms Directors Can be Held Liable for Dishonour of Cheque, Rules SC 20/10/2014 GST may have Staggered Start, Roll-out likely in April 2016 18/10/2014 Conversion made easy for GPA Holders 17/10/2014 Modi Unveils Monetary Sops, Portal in Reforms Package 16/10/2014 Full-time helps to now get Minimum Wages Unified Portal for Registration of Units for LIN, Reporting of Inspection, Submission of returns & Grievance Redressal 14/10/2014 Levy of service tax on inward remittances from abroad Packaged Commodities under Scanner; Violators booked, Fined Delisting Process Likely to Get Faster, Cheaper for Investors Unified Act on Cards to Replace 44 Labour Laws for Small Units 13/10/2014 Tenants can take Builder plaints to Consumer Fora MCA to Prescribe Road Map for Cos to Adopt New Ac Norms Next Week 10/10/2014 Intimate DIN of Directors appointed before 30-6-07 in DIR-3C CBDT Clears Air on Benefits to IT Cos for SEZ Operations 09/10/2014 Audit by officers of Central Excise-reg. 07/10/2014 Registration of Cos Declines 50% on Compliance Norms 01/10/2014 Extension of the due date of deposit of tax deducted at source/tax collected at source during the month of September, 2014. 26/09/2014 Order under section 119 of the Income-tax Act, 1961 SC declares National Tax Tribunal law as unconstitutional 23/09/2014 Registering Property gets more Expensive as Circle Rates go up 20/09/2014 Acquiring Property Abroad? DDA relaxes FAR, allows more Building Space in Big Houses 19/09/2014 New Accounting Norms may Impact Shareholder Interest EPFO makes submitting Bank ac info mandatory 18/09/2014 DDA RELAXES POLICY FOR CONVERSION OF PROPERTIES Providing E-Payment facility for Profession Tax, Luxury Tax and Sugaracane Purchase Tax through GRAS 17/09/2014 Karnataka Govt Wants Taxmen to Go Slow on Amazon Dealers Employees activate your UAN on PF Portal 16/09/2014 HC Defers Plea on Tax Audit, Leaves CAs Edgy List of Banks for Online PF Payment Cos Get More Time to Take Women Directors on Board 15/09/2014 Final Call on Thorny Tax Avoidance Rules and GAAR likely by Feb 2015 Cos can Now Get Insurance Tailor-made for Their Risks Risk Averse may Invest in Hybrid Plans 08/09/2014 Govt Plans New Return to Plug Excise, Service Tax Evasion 07/09/2014 Update Employer Details & Employee Aadhar & Bank A/c no. with PF Dept. Update Employer Details with ESI Dept. 03/09/2014 CBDT Panel to Scrutinise New Cases of Retrospective Taxation 02/09/2014 CBDT tells I-T Officials to Cut Taxpayers' Waiting Time Govt Amends Accounting Norms for Depreciation Fire Rule Setback to Gain in Building Height 29/08/2014 Base pension sum under EPFO now Rs. 1,000 mth 27/08/2014 EPFO Retains Interest Rate on PF Deposits at 8.75% Delhi Development Authority - Public Notice Now, Will-making is Just a Click Away Joint Property Owners in Delhi cannot Apply for DDA’s Latest Housing Scheme 23/08/2014 Government Plans to Set Up Corporate Social Responsibility Portal 22/08/2014 RBI to Cap Banks' Group Exposure Limit at Just 25% Soon, Foreign Bank, Trip Details in I-T Returns ? LOAN AGAINST SHARES GETS TOUGHER - NBFCs can Now Only Accept Top-grade Shares as Collateral POWER DEFICIT - Dry Spell Pushes Up Spot Power Rates DDA to Allow Conversion of Property on Power of Attorney 21/08/2014 FinMin Orders Forensic Audit of OBC, Dena Bank States want Lower Threshold of 10 Lakh for Agreeing to GST Attention - Owner/users of Tubewell 20/08/2014 Extension to 30-11-2014 for obtaining and furnishing of the report of audit u/s 44AB 13/08/2014 Over 34,000 Companies Under RBI Scanner for Illegal NBFC Operations: Govt Company Law Settlement Scheme 2014 11/08/2014 Extension to 19-8-14 for DVAT Q1 Returns PF inspection to check cases where contribution on less than 50 percent of Salary 09/08/2014 Recovering Cheque-Bounce Money to get More Tedious 05/08/2014 Home not Delivered in 3 Years After Loan? You will now Lose out on Tax Breaks 04/08/2014 Income Tax Department to Act Tough with Non-filers Soon, You can Self-Attest Copies of your Documents Income Tax Department Proposes to Tax Realtors, Developers on Unsold Inventory 01/08/2014 No Amnesty for Tax Evaders; Government vows Re-look at GAAR IT Companies cry Foul as CBDT Caps Staff Transfer to SEZs FM Gives Nod for 18,000 new CBEC Jobs to Meet Tax Mop-up Target Unions Unhappy with Changes in Labour Laws FinMin tells States to Track Real Estate Deals by Foreigners 31/07/2014 Govt Rules out any Tax Amnesty Scheme; Vows Re-look at GAAR 30/07/2014 Taxman to Write ‘Polite Letters’ to Assessees Inoperative A/c Norms Should be Followed Strictly: EPFO Failure to Repay an Education Loan may Cost you Dearly Income from Alternate Investment Fund to be Taxed at 30% No KYC for Kisan Vikas Patra but Interest Payment to Face TDS Govt Revamps it Tech for Overseas info Sharing Inventory of Realty Cos on Taxman"s Radar Black Money still Floats Despite RBI's Currency Withdrawal Drive 29/07/2014 Taxman Trains Focus on Big Spenders in 8 Cities Taxmen to Focus on Pay and Perks of Corporate Bosses Don't Upload Old 3CD 26/07/2014 Laws of Inheritance Jaitley offers Tax Relief for Debt Mutual Funds 25/07/2014 Income Tax department to remain open on 26th & 27th July 2014 SEBI’s Search, Seizure Power to Continue, but after Court Nod 24/07/2014 Ration Card’s Out, Aadhaar in to Open Bank Accounts 23/07/2014 RBI Eases Norms for Loans Against Gold Attention: All food Business Operators 21/07/2014 Buying More Than one Home? Fork out Capital Gains Tax 19/07/2014 Landlords, be Aware of the 12-Year Rule Oral Family Settlements are Legally Valid 18/07/2014 RBI Relaxes Norms to buy Immovable Property Abroad Government Clarifies 'Related Party' Deal Norms in New Companies Act CBDT sets up Panel to Reduce Litigation at Appellate Forums 17/07/2014 Blackmoney: Over Rs 1 lakh crore Illegal Income Detected Govt, RBI to Tighten Loan Recovery Norms 16/07/2014 RBI Tweaks Definition of Affordable Housing Budget Offers a Mixed ‘Bag’ to Globetrotters Documents for Govt Work can now be Self-Attested Tighter Exit Rules for Foreign Cos 15/07/2014 RBI tells NBFCs not to Charge Prepayment Fees BPOs, KPOs fall under Provident Fund net, Clarifies Govt Property Buyers to Gain as Govt Moves to Regulate Brokers Govt Cancels Licences of 65 Bogus Firms 14/07/2014 NPS-Pitching Cos Now Facing a Tax Boulder MNCs Making Stuff Here can Flog it on Net 13/07/2014 Govt Turns Heat on Jewellery Instalment Plan 12/07/2014 CBDT Tells I-T Officers to cut down on Frivolous Appeals Against Taxpayers Reinvest in 1 Home to save Tax No Change in New Pension Scheme Tax Relief New Excise Rule Eases Drive for Auto Companies Taxmen get Teeth to Discipline NGOs Pay through your Nose for a Tax Appeal 11/07/2014 Disclose Voting Pattern, SEBI tells Insurers Budget 2014 News 10/07/2014 GST to be Major Milestone for Tax Reform, Govt Revenue Govt. Cracks Down on Tax Evaders, Bogus Dealers Mandatory E-voting by MCA since June gives Shareholders Upperhand Now, the Taxman can use your LinkedIn Profile as Evidence The Finance (No. 2) Bill, 2014 09/07/2014 New Advisory to End ‘Inspector Raj’ 08/07/2014 Tax Authorities Turn their Gaze on Perks 07/07/2014 New Intelligence Units, 800 Personnel to Check Service Tax Evasion 03/07/2014 Easing up: Govt Extends Industrial License Validity to Three Years More Favourable Sourcing Policy for MSMEs Soon 02/07/2014 DPs Need not send Statement for Year-Long nil Balance Accounts CBDT Plans to Dispose of `4k cr Cases in FY15 Govt. to soon Finalize Amendments to Cos Act 01/07/2014 Govt may Double Tax Breaks Under Sec 80C Cost Audit for Hospitals, Edu Institutions Delhi NGOs get most Foreign Donations

Updated Till : 06/03/2015