Income tax department to block PAN, LPG subsidy of tax defaulters In order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to “block” Permanent Account Number (PAN) of such entities, get their LPG subsidy cancelled and take measures to ensure that they are not sanctioned loans.
Corporate Governance Meaning of Corporate Governance: The Institute of Company Secretaries of India Corporate governance is the application of best management practices, compliance of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders.
e-Insurance Policies norms F .No. IRDAI/Reg/16/128/2016 – In exercise of the powers conferred by section 14 (2) read with clause (gb) of sub section 2 of section 114A of “The Insurance Act, 1938” and subsection (1) of Section 26 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and […]
Foreign Currency Translation Basic concept of foreign currency translation and its impact on financial statement as per FASB 52. here is giving the overview of its basic concept and it is not the exhaustive view for taking any opinion.
Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17 Requirement of Furnishing Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17 Introduction- The Government has notified the New ITR Forms for the Financial Year ended 31st March 2016. The Income Tax department notified a new set of nine income […]