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Ministry of Home Affairs (Foreigners Division) issued a Notice dated 21.12.2017 asking all organisation whom are registered under FCRA to receive foreign contributions only through…
Continue reading FCRA ONLY 32 BANKS ALLOWED TO RECEIVE FOREIGN CONTRIBUTION
Leave a CommentCharity Commissioner has published list of Societies which are de-registered or in the process of being de-registered. Societies which are not filed their accounts for…
Continue reading De-Registration of Trust by Charity Commissioner
Leave a CommentGST PROVISIONS ON CONTRACTS For Construction of Building, bridges and Road, rate under GST is 18%. Input tax credit is available. Provisions are covered under…
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Leave a CommentFINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 16th September 2016 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No.…
Leave a CommentMCA has issued Companies (Auditor’s Report) Order, 2016 (‘CARO, 2016’) effective from FY 2015-16. The order states that every Auditors’ Report shall contain the prescribed matters…
Continue reading Companies (Auditor’s Report) Order revised with effect from financial year 2015-16
Leave a CommentThe Finance Department vide notification no. VAT. 1516/C.R. 31/Taxation-1 dated the 30th March 2016 has changed the rate of MVAT from 5% to 5.5% with…
Continue reading MVAT RATE INCREASED FROM 5% TO 5.5% WITH EFFECT FROM 1ST APRIL, 2016
Leave a CommentVALIDITY AND RENEWAL OF REGISTRATION UNDER FCRA,2010 Government of India came out with a notice dated 29th March, 2016 extending the validity of registration certificate…
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Leave a CommentThe Department of Industrial Policy and Promotion (DIPP) has released Press Note No. 3 (2016 series) dated 29th March, 2016 on Foreign Direct Investment (FDI)…
Continue reading 100 % FDI in eCommerce Marketplace
Leave a CommentManual of Internal Audit with special reference to Malankara Orthodox Syrian Church (Diocese of Bombay) Author – Jacob K Varghese (B.Com, FCA, ACS) Chartered Accountant Download – Click here…
Continue reading [Download] Manual of Internal Audit
Leave a CommentEQUITY: Stocks: If you hold on to them for a year, the long-term capital gain is tax free. Short-term capital gain ( holding less than…
Continue reading How Returns From Various Asset Classes Are Taxed
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