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Employers needs to deposit statutory contribution of Provident Fund through internet banking compulsorily.
CBDT notifies nature of business relationship which CA can have with client to ensure his independence.
CBDT has notified simplified ITR forms ITR 1 (Sahaj), ITR 2, ITR 2A and ITR 4S (Sugam) to be filed for Assessment Year 2015-16
CBDT releases clarifications on rollback provisions of Advance Pricing Arrangement Scheme in Q&A Format
The MCA yesterday issued relevant notifications directing that certain provisions of Companies Act 2013 shall not apply/ shall apply with such exceptions, modifications and adaptations to the following specified class of companies:
1. Private Limited Companies
2. Government Companies
3. Companies licensed to operate under Sec 8 of the Companies Act 2013
The relevant notifications for each of them may be downloaded from the Other Updates section of our website.
President gives assent to The Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015
RBI has increased the limit of drawl for capital account transaction to USD 250,000
RBI has increased the limit of Forex remittance for individual under Liberalised Remittance Scheme from USD 125,000 to USD 250,000