Aug 31, 2016

Procedure for Claiming Insurance due to Theft

If you have encountered theft of your precious belongings and need to approach your insurance company to register claims, the process migh...

Operational Guidelines of Sovereign Gold Bonds 2016-17 Series II

Government of India has, vide its Notification F.No. 4(7)-W&M/2016 dated August 29, 2016, announced that the Sovereign Gold Bonds 2016...

Aug 29, 2016

Banking is Going to Change in India like Whatsapp did to Mobile

Want to check whether your friend or colleague wants to return the money you had loaned him? Send an SMS to his bank with a request for pa...

Aug 27, 2016

Excel short cut and keys

Microsoft excel became necessity now a days as it has a lot features that makes calculations very fast and easy. Also keeping the data as ...

Aug 26, 2016

Points to Know About Unified Payments Interface which goes Live with 21 Banks

Unified Payments Interface (UPI) which will replace RTGS, NEFT and IMPS and current running payment transfer methods in India goes live an...

Interest Subvention Scheme for Women for 2016-17

Please refer to our circular FIDD.GSSD.CO.BC.NO. 19/09.01.03/2015-16 dated January 21, 2016 on interest subvention scheme under National R...

Aug 25, 2016

Points Bank Should Tell before Opening a Bank Account

Planning to open a new bank account with any bank. There are few things which bank may ask to you but many things bank should inform you a...

No TDS u/s 194C for Terminaling Charges to Avail Infrastructure Facilities

Payment made by assessee for terminalling charges were actually for availing infrastructure facilities and as such, there was no work cont...

Aug 24, 2016

Honest and Harrassment Free Tax Collection System in India

Trade and commerce now penetrate both urban and rural India. Sixty years ago, there was hardly a national marketer that covered the greate...

TCS on Scrap also applicable on Traders Dealing in Ship Breaking

Where assessee was trading into scrap, provisions of section 206C were attracted and assessee was duty bound to collect TCS on sale of scr...

Aug 23, 2016

Proposed Registration under GST(Goods and Service Tax)

It is well know that after introduction of GST, Whole India will become one market and there will be free flow of Goods, Services and Inpu...