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FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400032, Dated the 31.05.2016. NOTIFICATION Maharashtra Value Added Tax Act, 2002_ No. VAT 1516/ CR 77/Taxa.tion-1.—In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra, hereby with … Read more
FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 20th April 2016 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT. 1516/CR 61/Taxation-1.—In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra … Read more
As per the Finance Act, 2015, income-tax is required to be pay for financial year 2015-16 (i.e. Assessment Year 2016-17) at the following rates: Income Tax Slab Rates A. Normal Rates of tax: Sl No Total Income Rate of tax 1 Where the total income does not exceed Rs. 2,50,000/-. Nil 2 Where the total income exceeds Rs. … Read more
Circular No. 184/3/2015-ST F. No. 334 / 5 /2015-TRU (Pt.) Ministry of Finance (Tax Research Unit) Dated the 3rd June, 2015. Chief Commissioner of Customs and Central Excise (All) Director General of Central Excise Intelligence Director General of Audit, Madam/Sir, The Service Tax rate has been increased to 14% with effect from 1st … Read more
In the Union Budget, 2015, an increase in the rate of Service Tax from 12% to 14% had been proposed from a date to be notified. The Finance Bill, 2015 has since been enacted and the Central Government has notified 1st June, 2015 as the date from which the rate of 14% would become applicable. … Read more
Circular No. 183 / 02 / 2015-ST F. No. B-1 /1/2015-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) *** Room No. 153, North Block, New Delhi. Dated 10th April, 2015. To Chief Commissioner of Customs and Central Excise(All) Chief Commissioner of Central Excise & Service Tax (All) Director General of Service … Read more
CAI/IDTC/GST/2015 1st April, 2015 Clarification- No change in rate of Service Tax Finance bill, 2015 has proposed to increase effective rate of Service Tax from 12.36% to 14%. It is wrongly reported in some quarters that the effective date of change in rate of Service Tax is 1st April, 2015. It is hereby clarified that … Read more
RATES OF TAXES FOR INDIVIDUALS/ HINDU UNDIVIDED FAMILY/ ASSOCIATION OF PERSONS/ BODY OF INDIVIDUALS: (In this case, individual means who is Resident in India and below the age of 60 years at any time during the financial year and all non-resident individuals regardless of age limit, also all resident as well … Read more
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No.113/2014-Customs (N.T.) 4th December, 2014 13 Agrahayana, 1936(SAKA) S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 … Read more