Singh & singh chartered accountants

23/10/2015

ARTICLE ASSITANT REQUIRED!!!!!!!

Stipend 1st year 2500, 2nd year 3500 and 3rd year 5000

Transfer cases are also invited.

Interested candidates can share their resume on [email protected]

Singh & Singh
Chartered Accountants
Patel Nagar, New Delhi

Phn No. 011-42488340-341

19/05/2015

11/05/2015

http://economictimes.indiatimes.com/news/politics-and-nation/lok-sabha-passes-bill-to-deal-with-black-money-stashed-abroad/articleshow/47236533.cms

30/04/2015

http://economictimes.indiatimes.com/news/economy/policy/fm-arun-jaitley-provides-some-relief-to-foreign-investors-from-mat/articleshow/47110255.cms

10/07/2014

highlights of the budget:



1. No Retrospective Tax to be levied.

2. Scope of Settlement Commission to be increased

3. Proposal of setting up of high level committee for dealing with trade committees

4. All cases of retrospective amendments to be seen by high level committees

5. GST will be brought in soon

6. FDI in defence increased to 49%

7. E-visas to be introduced in a phased manner at 9 airports in India within 6 months to promote tourism. Visas on Arrival.

8. Transfer Pricing Rules to be changed.

9. "Skill India" to be introduced to increase employability with traditional skills.

10. FDI to be opened up in Urban Construction

11. FDI in Insurance increased to 49%

12. Savings in Kisan Vikas Patra to be introduced

13. Currency Notes to be made in Braille for visually impaired

14. Total sanitation for all houses by 2019.

15. Women Centre in NCT of Delhi by Nirbhaya Fund

16. School Curriculum shall have separate chapter on gender streaming

17. Beti Bachao Beti Padhao yojana - Rs. 100 crores allocation

18. Rs. 14389 crores for Village Roads

19. Rs. 150 crores for Women Safety

20. Free Drug Service and Free Diagnostic Service for TB at AIIMS(Delhi) and in Madras.

21. Setting up of 4 more AIIMS institutions is under consideration

22. Unclaimed PPF Funds to be reorganized for Senior Citizens

23. Rs. 7060 Crore for Development of Smart Cities

24. Unified A/c Scheme to provide portability to EPF Subscribers

25. 5 new IITs and IIMs to be set up soon

26. Overhauling of subsidy Regime

27. Inclusion of Slum Development in CSR Activities

28. Focus on Agri-linked asset creation

29. National Adaptation fund to be set up to deal with Climate Change

30. Price Stabilization Fund in Agro Sector

31. Bank Loans to women at 4% / 7%

32. Long Term Rural Credit Scheme

33. National Industrial Corridor at Pune to deploy industrial corridors

34. Housing emerges area of focus

35. Kisan Television will be launched

36. Rs. 3600 Crore for drinking water project

37. Definition of MSME will be revised for a higher ceiling

38. Financial Assistance to SME

39. 2nd Green Revolution proposed

40. Proposal to amend Apprenticeship Act

41. Liberalization of ADR/GDR Regime for all permissible securities

42. 16 new port projects in this year alone

43. Introduction of Uniform KYC Norms across the financial sector

44. Establishing Private Markets in agriculture to lower inflation

45. International Accounting Standards (IFRS) Voluntary from FY 15-16 . Mandatory from FY 16-17

46. One Single DEMAT Account for all transactions

47. 6 new Debt Recovery Tribunals to be set up

48. Revitalization of small saving schemes

49. NSC with insurance cover for small savers

50. One Rank - One Pension Scheme

51. Special Scheme for Girl Child

52. 10 years tax holiday in power sector

53. Govt to provide finance to 5 lakh landless farmers through NABARD

54. Rs. 10,000 crores allocated to encourage start-up entities

55. Allocation of funds for increasing Warehousing Capacity

56. Crop Price Stabilization Fund to be setup with initial contribution of 500 crores.

57. Revival of SEZs is being planned

58. In PPF scheme, annual remittance to be increased to Rs. 1.50 lakhs from Rs. 1 lakh

59. Sports University to come up in Manipur

60. War Memorial, Police Memorial to be setup

61. Development of 6 textile clusters to boost local job creation

62. New 24*7 TV Channel for the North East

63. GST BY YEAR END

64. Targets of Direct Taxes and Indirect Taxes as per Interim Budget have been retained

65. Rs. 2037 crore to be allocated towards cleaning up of the Ganga River.

66. Relief to small and marginal tax payers

67. Personal Income tax limits increased from 2 lacs to 2.50 lacs

68. Senior Citizens - Exemption Limits raised to 3 lacs

69. Exemption Limit under 80C raised to 1.50 lacs

70. Deduction under Interest on Home Loans (Self-occupied houses) increased to 2 lacs

71. Section 35AC @15% to manufacturing company which invests more than Rs. 25crore in a year

72. APA regime strengthened - Roadmap provision. Range Concept for determination of ALP

73. In case non-deduction of TDS in case of resident assessees only 30% shall be disallowed, in case of 100%

74. Customs Duty - BCD on certain products reduced

75. No change in tax laws for HUF

76. Education cess and surcharges to stay

77. Good for consumers (Indirect Tax) as soaps, oil products, TVs, computers to get cheaper.

78. Excise Duty on Pan Masala, To***co ad Ci******es increased

79. Clean Energy Cess increased from 5% to 10%

80. Tax rate increased from 10% to 20% on transfer of MF units.

81. Service Tax on advertisements on digital platform

82. Tax limit increased from 2 lakhs to 2.5 lakhs for individuals(below 60 years).

83. CSR will not be eligible for deduction while computing business income

84. MNREGA to be linked to Agricultural activities