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Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...
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Value for supply of goods and services is important part of GST since the valuation will determine the corpus of tax leviable on each GST transaction. Value means price of any goods or service on which tax to be imposed particularly when parties are related or distinct person. Section 15 of the CGST Act, 2017 speaks on valuation and that is my focus for this article.
June 04, 2017 at 09:28AM
from Editor
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Since 1972 World Environment Day is celebrated over the world to raise awareness about forests and wider issues of environmental protection. The theme of this year’s World Environment Day is ‘Connecting People to Nature. It implores us to get outdoors and into nature, to appreciate its beauty and to take forward the call to protect the Earth that we share.
June 04, 2017 at 09:28AM
from Editor
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4. Sale of Aviation Turbine Fuel to the Civil Aviation Operators, who have opted to operate under Regional Connectivity Scheme — UDAN for the flights on RCS routes (involving Delhi) between an identified pair of origin and destination airports/helipad within India subject to applicability and fulfillment of all conditions of the Regional Connectivity Scheme -UDAN of the Ministry of Civil Aviation, Government of India.
May 27, 2017 at 09:25AM
from editor2
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Works contract is a mixture of goods and services but it is neither a composite supply nor a mixed supply as it has been defined as per Sec. 2(119) of CGST Act. As per the said section “ Works Contract” means a contract for building, construction, fabrication ,completion, erection, installation , fitting out, improvement , modification, repair ,maintenance, renovation, alteration, or commissioning of any immovable property wherein transfer of property in goods ( whether as goods or in some other form) is involved in the execution of such contract. Thus even when there is a transfer of property in goods during execution of any works contract , such supply will be included in Works Contract only. For example ,construction of a new building, installation and commissioning of Cooling Towers, etc.
May 10, 2017 at 09:30AM
from editor2
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It goes to the credit of Prime Minister Narendra Modi Government for bringing about a turn-around in India’s export through sustained trade reforms during the last three years in spite of adverse global economic situation. India is among the few emerging economies, which had escaped the worst of the adverse external environment. This global downturn resulted in severe downturn in global trade and sharp fall in global commodity prices damaging exports all over.
May 10, 2017 at 09:30AM
from editor2
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Various steps of the government have put the scamsters in a tight spot. A number of agreements with various countries have blocked channels of rerouting of black money via Mauritius, Cyprus and Singapore. The previously laundered money can now no longer be brought back to India via Mauritius, Singapore and Cyprus routes.
May 10, 2017 at 09:30AM
from editor2
Recently, Minister Mr Chan Chun Sing suggested in a public engagement session that employees should do justice to their jobs, instead of wishing to find the perfect job. What I believe Mr Chan’s message is, is simply about doing one’s Best in one’s job. When one does his Best in his job, he would be able to create more value to the employers. And with that, recognition in the form of promotion, higher salaries and or higher responsibilities should normally come.Read more »
May 06, 2017 at 09:30AM
from Tom Tom Tom
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Original Income-Tax Act, 1961 was well drafted by learned officials in Finance Ministry and it was capable of meeting the expectation of the Govt. in all future events, except requiring amendments for events and changes taking place in this 21st Century. India Central Budget 2017 has made the Income-Tax law still more complicated. One side […]
April 22, 2017 at 09:27AM
from admin
NEW ORLEANS, April 21, 2017 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until May 1, 2017 to file lead plaintiff applications in a securities class action lawsuit against Chicago Bridge & Iron Company N.V. (NYSE:CBI), …
The post CHICAGO BRIDGE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Chicago Bridge & Iron Company N.V. – (CBI) appeared first on ForexTV.
April 22, 2017 at 08:34AM
from Nasdaq NewsFeed