ATM WILL CHARGE MORE FROM TODAY
Tax Alert India
9:53 PM
Using ATM of other bank will charge more from today, 1 july 2011 as the banks will charge minimum of 20 rupees per non financial transaction...
Jun 30, 2011
Jun 29, 2011
HOW TO BE SAFE FROM INCOME TAX SCRUTINY
Tax Alert India
7:20 PM
Everybody has the fear of income tax scrutiny. The main reason is that the income tax return comes into the scrutiny by random search. So an...
RBI TAKES SOME STEPS TO RATION OVERSEAS DIRECT INVESTMENT EASY
Tax Alert India
6:53 PM
Reserve Bank of India takes some steps to rationalize overseas direct investment. RBI issued a circular no 73 dated 29-06-2011 about the ove...
Jun 28, 2011
FOREIGNERS CAN ALSO INVEST IN DOMESTIC MUTUAL FUNDS NOW
Tax Alert India
7:11 PM
In a step to increase liquidity and the money in domestic mutual fund market as well as in the share market, finance ministry takes the step...
Jun 27, 2011
FORM 16A IS MANDATORY FOR CORPORATES AND BANKS TO DOWNLOAD FROM TIN WEBSITE
Tax Alert India
6:34 PM
Now one can download form 16a from tin.nsdl website. Even for corporates and for banks, its mandatory to download form 16a from tin website ...
Jun 26, 2011
PUBLIC PROVIDENT FUND CLARIFICATION ABOUT PAYMENT OF INTEREST IN HUF ACCOUNTS
Tax Alert India
2:01 PM
Public provident fund in regard of Reserve Bank of India has made a clarification about payment of interest in HUF account. PPF HUF account ...
INDIA SIGN DTAA WITH SINGAPORE
Tax Alert India
1:55 PM
India has signed DTAA Double taxation avoidance agreement with Singapore. Double tax aviod agreement is the deal between two countries by wh...
Jun 25, 2011
INCOME TAX NEW LAW FOR TRANSFERRING MONEY ABROAD
Tax Alert India
10:37 PM
Income tax department has issued some new guidelines for transferring money outside india. The new law is constituted for stopping the black...
Jun 24, 2011
HOW TO DOWNLOAD FORM 16A FVU FREE
Tax Alert India
10:04 PM
As you know the creation of Form 16a is free as well as it's mandatory for the banks as well as company for create the Form 16a from the...
Jun 23, 2011
INCOME TAX NOTIFICATION ABOUT NO RETURN BELOW 5 LAKH INCOME
Tax Alert India
11:00 PM
As you know income tax department has notified that salaried person whose income below 5 lakhs need not to file income tax. Form 16 will be ...
HOW TO GET CUSTOM HOUSE AGENT LICENSE
Tax Alert India
10:49 PM
Custom department has given a circular about custom house agent license. How to get the license and all about the formalities. Custom Depart...
Jun 22, 2011
EXCISE CLARIFICATION ON BRANDED READYMADE GARMENTS
Tax Alert India
3:05 PM
Central excise department has issued clarification on the excise duty on readymade branded garments. In this annual budget finance minister ...
Jun 21, 2011
ADVANCE TAX CALCULATOR FOR FINANCIAL YEAR 2011-12
Tax Alert India
10:31 PM
As you know the finance minister has changed somehow the income tax slabs for the financial year 2011-12 and the assessment year 2012-12. ...
Jun 20, 2011
SECTION 9 OF INCOME TAX ACT
Tax Alert India
9:42 PM
Section 9 of income tax act relates to income deemed to arise or eared in India . Some income has confusion either this income arises or acc...
Jun 19, 2011
RUPAY CARD IS STARTING IN INDIA FROM TODAY 20-06-2011
Tax Alert India
8:40 PM
Rupay card, the Indian invention to give competition to multinationals visa and mastercard, is launching in India on Monday, 20-6-2011...
LONG AND SHORT TERM CAPITAL GAINS
Tax Alert India
12:47 PM
Basically, capital gains tax is applicable on sale of capital assets such as property, gold, shares, mutual fund (MF) units, bonds and deben...
Jun 18, 2011
ADVANCE TAX FIGURE JUMPS 77% FOR QUARTER 1
Tax Alert India
8:09 PM
Advance tax figure rose to 77% for the quarter 1 of 2011 compare to the figure of quarter 1 of 2010. Advance tax figure for thye quarter 1 o...
Banks May Have Two Insurance Partners
Tax Alert India
2:34 PM
Banks may have two insurance partners in the segment of life,non life or health insurance. To increase the number of insurance, government i...
SEBI ASKS PROMOTERS OF THE LISTED COMPANIES TO DEMATERIALISE SHARES
Tax Alert India
2:24 PM
Stock and exchange board of India asks the promoters of the listed firms to convert their holding of the shares in demat form. Promoters of ...
Jun 17, 2011
INCOME TAX CHALLAN 280,281,282,283 EXCEL SOFTWARE DOWNLOAD
Tax Alert India
10:37 PM
I have got some very good format excel based tax challan no. 280,281,282 and 283 which is very vital for filing the income tax as well as ...
Jun 16, 2011
HOW TO REGISTER THE TAN NUMBER
Tax Alert India
10:11 PM
Registration of TAN number is going neccessary day by day. One can't see the details of tax deposited without TAN registration. Even now...
RBI INCREASES THE REPO RATE BY 25 BASIS POINTS
Tax Alert India
7:02 PM
Reserve Bank of India has increased the repo rate by 25 basis points. RBI presenting the mid quarter monetary policy review on 16-06-2011 an...
Jun 15, 2011
BANGKOK DUBAI AND SINGAPORE RETURN TICKETS AT Rs. 10000
Tax Alert India
2:50 PM
Good news for the person who wants to go abroad but have limited budget. Low cost airlines Indigo Airlines will start its international dest...
Jun 14, 2011
New RPU 2.5 for TDS/TCS Statement
Tax Alert India
7:21 PM
Tin.nsdl has launched the latest new version of return preparation utility 2.5. This is the latest RPU 2.5 for preparation and correction o...
How To Set up E-TDS RPU 2.5 GUIDE
Tax Alert India
12:56 PM
As you know tin.nsdl has launched a new RPU version 2.5 for preparation of e-tds/tcs statements regular and correction. But it's confusi...
Jun 13, 2011
Political Parties will be Assessed Under Charity Law by Income Tax
Tax Alert India
6:41 PM
FACED with the challenge of curbing black money in electoral process, the Income Tax (I-T) department has now proposed assessment of the inc...
Destination Banks Will Also Get Commission on NEFT and RTGS
Tax Alert India
6:33 PM
Reserve Bank of India has decided that the bank which receives RTGS and NEFT will also get compensated. In this regard RBI has issued a circ...
How To Open NRO Account With Banks
Tax Alert India
6:21 PM
Reserve Bank of India has issued guidelines of opening NRO account to banks. In this guidelines RBI tells the banks about the documents as w...
Jun 12, 2011
New Tax Code to Bring Back Black Money
Tax Alert India
6:27 PM
Indian Government is planning to implement a new tax code to bring back black money to India. There are so much protest about black money, s...
Jun 11, 2011
Export of River Sand to Maldives
Tax Alert India
6:19 PM
Director General of foreign Trade department has issued a notification no. 55 dated 07-06-2011 about export of river sand to maldives. Full ...
Jun 10, 2011
Smart Card Manufacturing Exempts From Excise
Tax Alert India
6:37 PM
Excise Department has exempted smart card manufacturing from central excise. Excise department has issued a circular regarding this exemptio...
Jun 8, 2011
Now Beer Bottle in Plastic to Save Environment
Tax Alert India
2:23 PM
We often use plastic(PET) bottle of coke,pepsi or mineral water. Now beer would also come in PET bottle to save the environment. In first gl...
Jun 7, 2011
Income Tax Net Collection for April and May
Tax Alert India
12:53 PM
Income tax department issued data for net collection of income tax of the first two months of the current financial year 2011-12. The direct...
Jun 3, 2011
HOW TO COMPLAINT OF LISTED COMPANIES TO SEBI
Tax Alert India
9:29 PM
SEBI has started new system for tackle the investor complaints of listed companies. SEBI named it SCORES. Stock and Exchange Board of India ...
RBI ASKS PRIVATE SECTOR AND FOREIGN BANKS TO APPOINT INTERNAL VIGILANCE
Tax Alert India
9:19 PM
After appointing internal vigilance to tackle and solve problems of fraud in banks, into the public sector banks. RBI on 2-6-2011 issue guid...
Financing of Self Help Group by Urban Co-Operative Banks
Tax Alert India
9:08 PM
RBI under a circular no 556 dated 02-06-2011 allowed co-operative banks to finance self help group and joint liability group. Reserve Bank o...
Jun 2, 2011
SEBI Introduces Liquidity Enhancement Scheme for Equity Derivatives
Tax Alert India
6:21 PM
Stock and Exchange Board of India has introduces liquidity enhancement scheme for illiquid equity derivatives. SEBI with a circular no. 5 da...
Credit Suisse AG and Sberbank Included in Second Schedule by RBI
Tax Alert India
6:14 PM
Reserve Bank of India has included two new banks in the second schedule of RBI. The two new names are as under. 1- Credit Suisse A.G. 2- S...
India Sign DTAA with Mozambique
Tax Alert India
6:09 PM
India has signed DTAA Double taxation avoidance agreement with Mozambique. Double tax aviod agreement is the deal between two countries by w...
Jun 1, 2011
Overseas Direct Investment Becomes More Easy
Tax Alert India
5:37 PM
Due to increase trend of investment abroad, Reserve Bank of India makes some steps to make investment abroad more rationalize and liberalize...