AMJT & Co.

AMJT & Co. AMJT & Co., is one of the India’s leading professional services firm, providing audit, tax, enterprise risk services, financial advisory and consulting.

AMJT & Co., is one of the India’s leading professional services firm, providing audit, tax, enterprise risk services, financial advisory and consulting to a wide range of local and multinational clients. The firm is providing services to over 200 clients including both multinational and local companies. The firm has significant presence across IT, ITES, Manufacturing, Retail, Healthcare & Life Sci

ences, Services, BFSI, Shipping & Logistics, Mining and Public Sector entities in the country. We have a large workforce across the country and our staff majorly includes qualified accountants, MBAs, IT experts and other technically qualified persons. AMJT India brings together clients, offers innovative solutions, and endeavors to exceed client expectations and adopts a customized, responsive and personal approach towards client service and offers a complete range of services across various industries. Look forward to hearing from you!!

23/12/2016

May your home be filled with the joy of the Christmas season. Here’s wishing you a blessed Christmas and Happy New Year!

Which Indians became billionaires in 2016?Patanjali co-founder Acharya Balkrishna made his debut on Forbes list of India...
22/12/2016

Which Indians became billionaires in 2016?

Patanjali co-founder Acharya Balkrishna made his debut on Forbes list of India's 100 Richest People in 2016 with a net worth of around Rs.17,000 crore ($2.5 billion). Hero MotoCorp CEO Pawan Munjal also entered the list, taking his father Brijmohan Lall Munjal’s place, who died in November 2015. Directi Group's Bhavin and Divyank Turakhia were also among the new entrants.

Only 1% Indians pay Income Tax: NITI Aayog CEONational Institution for Transforming India (NITI) Aayog CEO Amitabh Kant ...
22/12/2016

Only 1% Indians pay Income Tax: NITI Aayog CEO

National Institution for Transforming India (NITI) Aayog CEO Amitabh Kant on Wednesday said only 1% of India's over 125 crore population pays Income Tax. Addressing a workshop on cashless transactions, Kant said if the economy has to be taken from $2 trillion to $10 trillion by 2030, then India cannot afford that 95% of its transactions are in cash.

Interest on provident fund deposits cut to 8.65% from 8.8%:Retirement fund body Employees' Provident Fund Organisation (...
19/12/2016

Interest on provident fund deposits cut to 8.65% from 8.8%:

Retirement fund body Employees' Provident Fund Organisation (EPFO) on Monday fixed 8.65% as the interest on provident fund deposits for 2016-17. This is against the 8.8% rate provided in 2015-16. The lower interest rate is due to the poor rate of return on investments made by the EPFO in all spheres, according to sources.

Old notes over Rs.5,000 can be deposited only once till Dec 30:The government today announced that old demonetised notes...
19/12/2016

Old notes over Rs.5,000 can be deposited only once till Dec 30:

The government today announced that old demonetised notes exceeding Rs.5,000 can be deposited only once per bank account till December 30. Further, money will be credited to accounts only after receiving a satisfactory explanation for delayed deposits. However, there is no restriction on deposits under the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana 2016.

Tax disclosure scheme to open from Dec 17 to March 31: GovtUnaccounted cash can be disclosed under the Pradhan Mantri Ga...
16/12/2016

Tax disclosure scheme to open from Dec 17 to March 31: Govt

Unaccounted cash can be disclosed under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) starting from tomorrow (December 17) till March 31, Revenue Secretary Hasmukh Adhia announced on Friday. The new disclosure scheme comes with 50% tax including penalty. Further, declarations under the new scheme will be kept confidential and information will not be used for prosecution, he added.

Over 2 lakh of 2.2 lakh ATMs have been recalibrated: GovtEconomic Affairs Secretary Shaktikanta Das on Thursday said tha...
15/12/2016

Over 2 lakh of 2.2 lakh ATMs have been recalibrated: Govt

Economic Affairs Secretary Shaktikanta Das on Thursday said that over 2 lakh ATMs out of the 2.2 lakh ATMs in the country have already been recalibrated. Further, the initial focus was to supply Rs.2,000 notes to replace value that was taken out of the market but now the focus is on printing more of Rs.500 notes, he added.

Rs.7 lakh crore total currency in circulation post note ban:As much as Rs.7 lakh crore worth of total currency is now in...
12/12/2016

Rs.7 lakh crore total currency in circulation post note ban:

As much as Rs.7 lakh crore worth of total currency is now in circulation in the banking system after the demonetisation decision, a senior government official has said. Of this, Rs.5 lakh crore has been introduced in new currency notes. Further, in the next three weeks, the government reportedly expects to bring about Rs.2.5 lakh crore more in new currency.

Government to launch helpline number 14444 for e-payments:The government will launch a nationwide toll-free helpline 144...
12/12/2016

Government to launch helpline number 14444 for e-payments:

The government will launch a nationwide toll-free helpline 14444 within a week to provide support related to cashless transactions, reports said. The 'Cash Mukt Bharat Abhiyan Helpline' will help people find suitable options depending on whether they have a smartphone or not. Earlier this week, the government launched a new television channel and a website to promote digital payments.

SBI Life sells 3.9% stake, deal values firm at Rs.46,000 crore:The country's largest lender SBI on Friday said that its ...
10/12/2016

SBI Life sells 3.9% stake, deal values firm at Rs.46,000 crore:

The country's largest lender SBI on Friday said that its central board has approved the sale of 3.9% stake in its life insurance arm SBI Life. The sale will be to US-based private equity firm KKR and Singapore-based company Temasek. Further, the deal will value SBI Life at Rs.46,000 crore.

RBI to shortly issue new Rs.500 notes without any inset letter:The Reserve Bank of India (RBI) on Thursday said that it ...
09/12/2016

RBI to shortly issue new Rs.500 notes without any inset letter:

The Reserve Bank of India (RBI) on Thursday said that it will shortly issue new Rs.500 denomination banknotes in the new Mahatma Gandhi Series without any inset letter. The notes will bear current RBI Governor Urjit Patel's signature and the year of printing '2016' printed on the back. All Rs.500 notes issued post demonetisation will continue to be legal tender.

National Stock Exchange CEO Chitra Ramkrishna quits:Managing Director and CEO of the National Stock Exchange (NSE) Chitr...
02/12/2016

National Stock Exchange CEO Chitra Ramkrishna quits:

Managing Director and CEO of the National Stock Exchange (NSE) Chitra Ramkrishna is stepping down from her post, citing personal reasons, India's biggest bourse said on Friday. Further, current NSE President J Ravichandran has been appointed interim CEO with immediate effect. This comes amid the stock exchange preparing to hit the market with its initial public offering (IPO).

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