Skip to main content

What's app updates for last week...

By
What's app updates for Week ended 11-09-2016
S.No.Message
1EXTENSION to 17-10-16 of Due date for filing ITRs in cases where due of ITR  is 30.9.16 due to clash with Income Declaration Scheme 2016. CBDT Order of 9-9-16.
2GSTGyan 1016. Mandatory audit of books of account of all registered persons by Chartered/ Cost Accountant, if turnover  in FY exceeds specified limit. WebeCreator 
3GSTGyan 1017. Dept. to nominate Chartered/ Cost Accountant for Special Audit if in scrutiny etc it seems value not correctly declared or excess credit availed.
4GSTGyan 1018. Registration required in each state from where supplies to be made. File 3 Returns pm for EACH Registration & 1 Annual Return. (Min 37 per regn)
5GSTGyan 1019. Proposed GST Council to resolve GST Rates, Dual control over Assessment/ Scrutiny of Assessees & Geographical/Area Based Exemptions. Rgds, WebeCreator 
6GSTGyan 1020.  For GST roll out wef 1.4.2017, Parliament will have to approve CGST & IGST Bills & State Assemblies will pass their own SGST Bills. Rgds WebeCreator 
7TODAY (06.09.16) is LAST DAY for E-Payment of Service Tax for August 2016 by companies in Challan No. GAR-7. Regards, WebeCreator 
8TODAY (07.09.2016) is last day for Payment of TDS/TCS deducted/collected in August 2016. Regards, WebeCreator 
9Tomorrow (10.09.16) is the Extended Last date to file D-VAT return for Q1 of 2016-17 in Forms DVAT-16, DVAT-17 and DVAT-48.CIR NO.13 dated 31.08.16. WebeCreator 
Note : Above is compilation of what's app updates messages sent to  subscribers  last week. Please see if you have missed out on any important update, due date etc.

Comments

Post a Comment

Popular posts from this blog

Credit card spending growth declines on RBI gaze, stress build-up

By
  Credit card spends have further slowed down to 16.6 per cent in the current financial year (FY25), following the Reserve Bank of India’s tightening of unsecured lending norms and rising delinquencies, and increased stress in the portfolio.Typically, during the festival season (September–December), credit card spends peak as several credit card-issuing banks offer discounts and cashbacks on e-commerce and other platforms. This is a reversal of trend in the past three financial years stretching to FY21 due to RBI’s restrictions.In the previous financial year (FY24), credit card spends rose by 27.8 per cent, but were low compared to FY23 which surged by 47.5 per cent. In FY22, the spending increased 54.1 per cent, according to data compiled by Macquarie Research.ICICI Bank recorded 4.4 per cent gross credit losses in its FY24 credit card portfolio as against 3.2 per cent year-on-year. SBI Cards’ credit losses in the segment stood at 7.4 per cent in FY24 and 6.2 per cent in FY23, the...
Post a Comment
Read more

SFBs should be vigilant, proactive to mitigate risks: RBI deputy guv

By
  The Reserve Bank of India’s Deputy Governor Swaminathan J on Friday instructed the directors of small finance banks (SFBs) to be vigilant and proactive in identifying emerging risks in the sector.Speaking at a conference for directors on the boards of SFBs, Swaminathan highlighted the role of governance in guiding SFBs towards sustainable growth with stability. He also emphasised the importance of sustainable business models.Additionally, he highlighted the need for strengthening cybersecurity to protect the entities against digital threats and urged for a stronger focus on financial inclusion, customer service, and grievance redressal to ensure a broader reach of banking services.Executive Directors S C Murmu, Rohit Jain, and R L K Rao, along with other senior officials representing the Supervision, Regulation, and Enforcement Departments of the RBI, also participated in the conference.   -  Business Standard  30 th  September, 2024
Post a Comment
Read more

Brigade Hotel Ventures files draft papers with Sebi for Rs 900 crore IPO

By
  Brigade Hotel Ventures Ltd, owner and developer of hotels in South India, has filed draft papers with capital markets regulator Sebi to raise Rs 900 crore through an initial public offering (IPO).The proposed IPO is entirely a fresh issue of equity shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP).Proceeds from the issue to the tune of Rs 481 crore will go towards payment of debt, Rs 412 crore will be allocated to the company and Rs 69 crore to its material subsidiary, SRP Prosperita Hotel Ventures Ltd.Additionally, Rs 107.52 crore will be used to purchase an undivided share of land from the Promoter, BEL, and the remaining funds will support acquisitions, other strategic initiatives, and general corporate purposes.The company may raise up to Rs 180 crore through a Pre-IPO Placement.   If the placement is undertaken, the issue size will be reduced.Brigade Hotel Ventures Ltd is a wholly-owned subsidiary of Brigade Enterprises ...
Post a Comment
Read more