Essay revised service tax return due date 2016-17

We will reinvigorate the supply of generic drugs. It is proposed to exempt service tax on construction of affordable houses up to 60 square metres under any scheme of the Central or State Government including PPP Schemes. customized note paper weight india A social security platform will be developed using Aadhar to accurately target beneficiaries.

A condition mandating inclusion of cost of fuel in the consideration for the services of renting of motor-cab services for availing abatement from service tax, being introduced with effect from Further, the annuity fund which goes to the legal heir after the death of pensioner will not be taxable in all three cases. I also propose to extend excise duty exemption, presently available to Concrete Mix manufactured at site for use in construction work at such site to Ready Mix Concrete. essay write online with theme Take Us With You Real-time updates and all local stories you want right in the palm of your hand. These funds will be used to finance improvement in infrastructure in our top institutions and will be serviced through internal accruals.

We will do this through mutual agreement with participating States and Districts. It has also been notified that "the revised return for the period from the 1st day of April, , to the 30th day of June, , shall be submitted within a period of forty five days from the date of submission of the return under rule 7". custom paper service manufacturing It is also applicable for professionals but it should be a partnership profession. Government will enact necessary amendments in the Motor Vehicles Act and open up the road transport sector in the passenger segment. Cenvat credit rules being amended so as to allow credit of service tax paid on upfront charges for assignment of natural resources by Government to a business entity, over such period of time as the period for which the rights have been assigned.

Essay revised service tax return due date 2016-17 thesis research hypothesis

After universalisation of primary education throughout the country, we want to take the next big step forward by focusing on the quality of education. From Wikipedia, the free encyclopedia. Essay revised service tax return due date 2016-17 Deduction for Expenditure on Scientific Research. We propose to make Model Career Centres operational by the end of The due date for filing ITR for financial year or assessment year has been extended to 31 August from 31 July.

We have already approved two Schemes to promote digital literacy: The major benefits of this game changing initiative will be provision of more efficient public transport facilities, greater public convenience, new investment in this moribund sector, creation of new jobs for our youth, growth of start-up entrepreneurs and other multiplier effects. Amendments being made to Central Excise and Service Tax laws so as to provide for closure of proceedings against co-noticees, once the proceedings against the main noticee have been closed, with effect from date of enforcement of Finance Bill, Highlights India is a 'bright spot' amidst a slowing global economy: Research is the driver of innovation and innovation provides a thrust to economic growth.

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Social Sector including Health Care Service Tax , Service Tax Returns. We have already approved two Schemes to promote digital literacy: Special focus has been given to ensure adequate and timely flow of credit to the farmers. help for essay writing malayalam language Service tax on the services of Information Technology software on media bearing RSP, being exempted, provided Nil Nil appropriate Central Excise duty is paid, with effect from

The reduction in corporate tax rate has to be calibrated with additional revenue expected from the incentives being phased out. Imports of hydrocarbons occupy a large share of India's total imports. literature review writing services process Highlights India is a 'bright spot' amidst a slowing global economy:

It is also proposed to provide that if the taxpayer opts for the presumptive taxation scheme, he has to remain in that scheme for 5 years. The period for getting benefit of long term capital gain regime in case of unlisted companies is proposed to be reduced from three to two years. help with essay writing types Section 67A being amended to obtain rule making powers in respect of the Point of Taxation Rules, Modernisation of land records is critical for dispute free titles.

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One lakh per family. To check the official notification no. Essay revised service tax return due date 2016-17 I propose to increase the turnover limit under this scheme to Rupees two crores which will bring big relief to a large number of assesses in the MSME category. Food processing industry and trade should be more efficient. Excise duty on improved cookstoves

Levy of heavy penalty for concealment of income has over the years resulted in large number of disputes despite a number of decisions of the Apex court on interpretation of statutory provisions and principles guiding imposition of penalty. The Scheme will facilitate at least two such projects per bank branch, one for each category of entrepreneur. Essay revised service tax return due date 2016-17 Cenvat credit rules being amended so as to allow credit of service tax paid on upfront charges for assignment of natural resources by Government to a business entity, over such period of time as the period for which the rights have been assigned. I would like to announce three new initiatives to reinvigorate this sector. The minimum number of days for which they should be employed during the year is proposed to be reduced from to days.

If additional capital is required by these Banks, we will find the resources for doing so. The surcharge levied at 7. Essay revised service tax return due date 2016-17 Farmers also take up other allied activities to supplement their family income. As another tax payer friendly measure, I propose to provide a time limit of one year for disposing petitions of the tax payers seeking waiver of interest and penalty. I propose to modify the entire scheme of penalty by providing different categories of misdemeanor with graded penalty and thereby substantially reducing the discretionary power of the tax officers.


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