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Monday, March 11, 2019

Netherlands will pay you Rs.16 per km tax free for cycling

Netherlands is one of those rare countries in the world where more people prefer cycle over cars or bikes. In fact, there are studies that have found that the Netherlands has more bicycles than people. The people of Netherlands prefer cycling so much so that it accounts for almost half of all journeys between home and work in the city of Amsterdam alone. No doubt the country calls

I-T department seeks to vacate stay orders by tribunals on back of SC ruling

MUMBAI: Some taxpayers may be in for a nasty surprise in the next few weeks if the taxman has his way.
The income tax (I-T) department is stepping in to lift some of the stay orders obtained by taxpayers from appellate tribunals which function as quasi judicial authority.
The rationale behind the department’s action is a Supreme Court ruling that stay orders, irrespective

Regulation No	Purpose	Quarter Ending	Last Date
Regulation 7 (3)	Compliance Certificate certifying maintaining physical & electronic transfer facility	Within one month of end of each half of the financial year.	30 April 2019
[Reg. 13(3) :	Statement of Investor Complaints	*31st March 2019*	21st April 2019
Regulation 27 (2)	Compliance report on corporate governance	31st March 2019	*15-April 2019*
Regulation 31(1)(b	Shareholding Pattern	31st March 2019	21st April 2019
Regulation 33(3)(a) :	Quarterly & year-to-date audited or unaudited Standalone Financial Result	31st March 2019	*30-May* 2019
Regulation 55A	Reconciliation of Share Capital	31st March 2019	30 April 2019
Reg. 40(9) : Certificate from PCS]	Certificate obtained by STA from a PCS certifying that all transfers/ consolidation etc. are completed within 30 days of lodgement.	*31st March 2019*	30 April 2019

ICAI postpones CA exam to be held in May 2019 check the revised timetable

ICAI CA exam 2019: The Institute of Chartered Accountancy of India (ICAI) has rescheduled the Chartered Accountants (CA) examination which was to begin May 2, 2019, to May 27, 2019 on the pretext of the General Election 2019.
In an official release the ICAI said, “It is hereby notified for general information that in view of

No GST on TCS levied on goods, clarifies tax authority

A clarification in this regard was issued by the CBIC after representation from the industry and consultation from the Central Board of Direct Taxes (CBDT). According to the clarification, 'TCS is not a tax on goods but an interim levy on the possible income arising from the sale of goods by the buyer and to be adjusted against the final income-tax liability of the buyer'.

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that for the purpose of calculation of GST on a particular good, the tax collected at source (TCS) would not be included in

Tata launches new Altroz Electric vehicle

Lok Sabha elections 2019 statewise dates

Lok Sabha Elections Date Announcement 2019 LIVE UPDATES: Election Commission today announced General Elections Dates, Assembly Polls Schedule. Elections will start from April 11 and counting on 23rd May. Elections will be held in seven phases. Throughout the day, all eyes were on the Election Commission (EC) of India. The EC announced the date for General Elections 2019 in New Delhi. The Election commission was earlier also expected to announce the Assembly Elections Dates for four states, where polls will be likely held simultaneously along with the Lok Sabha, say sources. Some reports had earlier said that the poll panel may announce the dates of the crucial polls over the weekends, maybe even today, or early next week. The elections are likely to be held in multiple phases. The Election Commission is said to have finalised details of the polls and also concluded preparatory meetings. Once the poll dates are announced, the Model Code of Conduct will come into force. The Election Commission on Saturday convened a meeting to assess preparedness for the Lok Sabha elections. In the meeting, polls in Jammu and Kashmir was also reportedly discussed. For all election date-related updates check here. This section will be updated once the election commission announces the final schedule of the General Elections.

LIVE UPDATES | Lok Sabha Elections 2019 Dates Accouncement by Election Commission

5.54 pm: Lok Sabha Elections 2019 Schedule

Phase 1 - 91 constituencies in 20 states to go to polls
Phase 2 - 97 constituencies in 13 states to go to polls
Phase 3 - 115 constituencies in 14 states to go to polls
Phase 4 - 71 constituencies in 9 states to go to polls
Phase 5 - 51 constituencies in 7 states to go to polls
Phase 6 - 59 constituencies in 7 states to go to polls
Phase 7 - 59 constituencies in 8 states to go to polls

5.40 pm: Lok Sabha ELections: Phase-wise full schedule, polling dates

Lok Sabha ELections Phase 1 polling to be held on 11th April

Lok Sabha ELection Phase 2 polling on 18th April

Lok Sabha ELection Phase 3 polling on 23rd April

Lok Sabha ELection Phase 4 polling on 29th April

Lok Sabha ELection Phase 5 polling on 6th May

Lok Sabha ELection Phase 6 polling on 12th May

Lok Sabha ELection Phase 7th polling on 19th May

Lok Sabha ELection Counting of all phases on 23rd May.

5.28 pm: Elections will start from April 11 and counting on 23rd May. Elections will be held in seven phases, said Election Commission.

5.21 pm: Sunil Arora, Chief Election Commissioner, said, "There will be approximately 10 lakh polling stations in this Lok Sabha Elections as compared to 9 lakh polling stations in 2014." He said that the Model Code of Conduct (MCC) comes into effect from today itself in the entire country. Any violation will be dealt with in the strictest manner. Total electorate in this Lok Sabha elections will be 900 million, of which 15 million voters are in the 18-19 age group.

5.14 pm: Model Code of Conduct has come into effect from today, Election Commission said.

5.10 am: EC says the EVMs with VVPATs will be used across all booths in the Lok Sabha elections.

5.08 pm: The Election Commission is currently announcing addressing the media in Delhi today.

4.10 pm: The Election Commission is expected to start briefing the media in an hour from now at the Vigyan Bhawan.

- The poll panel will be holding a press conference at 5 pm at Vigyan Bhavan in New Delhi. The term of the present Lok Sabha ends on June 3.

- Lok Sabha elections are likely to be spread over seven to eight phases in April-May.

- Notification for the first phase could be issued by the end of March for voting sometime in early April, sources suggested.