Circular No. 158/9/ 2012 – ST Dated : 8th May 2012 Subject: – Clarification on Rate of Tax – regarding. 1. The rate of service tax has been restored to 12% w.e.f. 1st April 2012. Representations have been received requesting clarification on the rate of tax applicable wherein invoices were raised before 1st April [...]
RBI/2011-12/542 May 08, 2012 Foreign investment in Commodity Exchanges and NBFC Sector -Amendment to the Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to Schedule 1 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 [...]
RBI/2011-12/541 May 08, 2012 Foreign Direct Investment (FDI) in India – Issue of equity shares under the FDI scheme allowed under the Government route Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the A.P. (DIR Series) Circular No. 74 dated June 30, 2011, and A.P. (DIR Series) Circular [...]
May 07, 2012 The text of the Opening Remarks made by the Union Finance Minister Shri Pranab Mukherjee at the beginning of the discussion on Finance Bill 2012 in Lok Sabha is given below: “I presented the Budget for the year 2012-13 on 16th of March, 2012. Since then I have received a [...]
Income tax Department enabled the The online submission of ITR-1 (SAHAJ) for AY 2012-13 has been enabled.
