Fwd: TaxGuru : “Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector – FM” plus 5 more

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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Wed, Jun 29, 2011 at 10:04 AM
Subject: TaxGuru : "Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector – FM" plus 5 more
To: palashbiswaskl@gmail.com

TaxGuru : "Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector – FM" plus 5 more

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• Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector – FM
• Corporates and banks mandated to issue Form 16A downloaded from TIN central system
• Form 16/16A v/s 26AS online annual statement
• Service Tax – Amends the Point of Taxation Rules, 2011
• GST rates to be between 16-20 Percent – CBEC
• Sahara moves SC against SEBI order for refund to investors

Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector – FM Posted: 28 Jun 2011 06:14 AM PDT Need to Explore Innovative Approaches to Sustain High Growth With Stability; Challenge is to Harness this Growth to Make the Development Process More Inclusive, Strengthen Food Security, Improve Education Opportunities and Health Facilities Both in... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Corporates and banks mandated to issue Form 16A downloaded from TIN central system Posted: 28 Jun 2011 06:09 AM PDT CBDT has issued a Circular No. 03/2011 dated May 13, 2011 as per which TDS Certificates in Form No. 16A will be generated from Tax Information Network (TIN). It is mandatory for Companies and Banks to issue Form 16A from TIN to their deductees for... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Form 16/16A v/s 26AS online annual statement Posted: 27 Jun 2011 11:35 PM PDT Form 16 or 16A are provided by employer to employee as a proof of tax deduction. At the end of the financial year, tax payers file their income tax returns (ITR) from the income tax details provided in form 16 or 16A. On the other side, as a part of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Service Tax – Amends the Point of Taxation Rules, 2011 Posted: 27 Jun 2011 09:59 PM PDT In exercise of the powers conferred by clause (a) and clause (hhh) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

GST rates to be between 16-20 Percent – CBEC Posted: 27 Jun 2011 09:56 PM PDT The Central Board of Excise and Customs (CBEC) today said that tax rates under the proposed Goods and Services Tax (GST) regime in India is likely to be between 16% and 20%. [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Sahara moves SC against SEBI order for refund to investors Posted: 27 Jun 2011 09:54 PM PDT The Supreme Court will hear on July 4 a Sahara group firm's plea challenging a SEBI order directing the company to return money collected from investors through a scheme along with 15% interest. [[ This is a content summary only. Visit www.taxguru.in for full article ]]

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Palash Biswas
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