Raj Associates - Business Consulting Firm

26/08/2018

Dear Taxpayer,

GSTN is tentatively planning Disaster Recovery Drill of GST System on 27th Aug 2018 Monday night from 11.00 PM to 06.00 AM (Tuesday). GST system services will NOT be available during this time.
You are requested to plan your GST related activities on GST portal accordingly. Inconvenience, if any, is regretted.

Regards, GSTN Team.

02/06/2018

08/07/2015

Manual Scrutiny of Service Tax return w.e.f 01.08.2015 guidelines Issued:
Primarily, service tax department is bifurcated into anti-evasion and audit wings so as to keep an eye on service tax defaulters.
CBEC has issued circular 185/4/2015- ST...

20/05/2015

SERVICE TAX RATE INCREASED TO 14 % WEF 01.06.2015

Post enactment of Finance Act'15, trade was waiting for the Finance Ministry to notify the date for enhancement of service tax. Finally, the same has been notified as 1st June'15. Following is the gist of changes applicable w.e.f. the said date:

1) Abolition of EC & SHEC and effective rate of service tax to be enhanced from 12.36% to 14% (date of levy of the swachh bharat cess yet to be notified);Notification No. 14/2015-ST dated 19th May, 2015

2) Rule 6(3) of CENVAT Credit Rules (i.e. non-maintenance of separate books of accounts) has been triggered with. Now, reversal of CENVAT under the said sub-rule shall be 6% of exempted goods plus 7% of exempted services. Earlier, it was 6% for both(exempted goods as well as exempted services);

3) Changes in rate of Air travel agent, tax by insurers, Money changer agent, lottery distributor, etc.Notification No. 15/2015-ST

31/12/2014

Wishing You a Very Very Happy New Year 2015 To You & Your Family & all the Staff Member...

New Year is not about changing the Dates but Direction; It's not about changing the Calendar but Commitment; It's not about changing the Actions but Attitude; It's not about changing the Fruit but Faith, Force and Focus! May you Commit and Create the best New Year ever! May The Year 2015 Bring for You…. Happiness,Success and filled with Peace, Hope & Togetherness of your Family & Friends...

31/12/2014

"Tomorrow, is the first blank page of a 365 page book. Write a good one."-Adv Raj...

06/12/2014

Sukanya Samriddhi Account New Saving Scheme for Girl Child.
Some Highlight:
1. Interest rate Expected 8.5% to 9% per Month
2. Deposited Amount min. 1000 & max 150000 per Annum
3. Minimum period is 14 year
4. Age Not More than 10Year
5.Maturity Date 21 Year from date of opening or marriage which is earlier
6.can open in Post office or Authorised Bank Branch

16/09/2014

TABLE FOR STEP OF INCORPORATION OF COMPANY

16/08/2014

Don't MIS this chance by whose type of company, which default in ROC filing

16/08/2014

BAD NEW FOR ALL APPLICANT OF TRADE MARKS :
THE FEE FOR APPLICATION FOR REGISTRATION IN TRADE MARKS IN ONE CLASS IS INCREASED FROM RS.3500/- TO RS. 4000/- and FEE FOR EXPEDITE EXAMINATION FEES INCREASE TO RS. 20000/-. THIS IS RETROSPECTIVE EFFECT BY DATED 01/08/2014 BY NOTIFICATION IN THE OFFICIAL GAZETTE NO-CG/PUBLIC NOTICE/2014-15/51 DATED 07/08/2014 ISSUED BY MINISTRY OF COMMERCE & INDUSTRIES(DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION). THE DEFICIENT FEES DEPOSITED BY APPLICANT ON OR BEFORE 30 SEP. 2014.

29/07/2014

CBDT has notified the new format for Tax audit report on form 3CA 3CB 3CD under section 44AB of Income Tax Act 1961.The New format is applicable from 25.07.2014.The Notification 33 dated 25.07.2014 is given as under for your ready reference.

18/07/2014

With the Promise of “Acche Din” there was great expectations of what would be delivered in the budget this led challenge for finance minister to balance the unduly high expectations built up pre Budget, with the economic realities prevailing at a ground level, with a view to help reshape investment sentiment both domestically and internationally. In his speech, the Finance Minister, rightly pointed to the fact that not everything could be addressed in one Budget and systemic changes would have to be made in the next few years to achieve our economic aspirations.

Amendments in Indirect Taxation

CHANGES IN SERVICE TAX
CHANGES IN EXCISE
CHANGES IN CUSTOMS
CHANGES IN CENVAT CREDIT RULES