Ravi K Jain & Associates

Dear Taxpayers,
Please note that the last date to file ITR for AY 2015-16 is 31 March, 2017. This is the last date to file belated return. The original due date has already been crossed.
As the due date is fast approaching, please submit your ITR on or before 31 March 2017.

e-Filing Home Page, Income Tax Department, Government of India The direct tax collections up to February, 2017 are at Rs. 6.17 lakh crore which is 10.7% higher than the net collections for the corresponding period last year. For details.

Panel fixes GST rates at 5%, 12%, 18% and 28%. (Agencies)

GST rate structure finalised, panel fixes rates At 5%, 12%, 18% & 28% - The Economic Times Finance minister Jaitley said the 5% duty was on items of mass consumption or aam aadmi products. "There will be standard rate of 12 and 18% on other items."

Taking into consideration that the last date for making declarations
under the Income Declaration Scheme (IDS) 2016 is also 30th September, 2016, the Central Board of Direct Taxes has decided to extend the last date for such returns which were due on 30th September, 2016 to 17th October, 2016.... in order to remove
inconvenience and to facilitate ease of compliance.

Informative!

No Stamp Duty Required for transfer of property to relatives GOVT. WAIVES STAMP DUTY ON TRANSFER OF LAND / FLAT TO KIN or FAMILY MEMBERS Hon'ble Revenu Minister Eknath Khadase announced in Assembly on 25-03--2015 that Govt. waives stamp duty on transfer of l...

Attention Taxpayers!!
31/03/2015 is the last date for payment of Advance Tax for A.Y. 2015-16. The tax can be paid online or manually through the specified bank counters.
Please make sure you pay your advance tax before the due date to avoid any additional charges.

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Thanks and Regards

Ravi K Jain & Co
Chartered Accountants

Biggest Tax Reform Since 1947 !!

GST: Finance Minister Arun Jaitley introduces ‘biggest tax reform’ Bill The GST Bill, tabled in Lok Sabha today, aims to replace replace a large number of overlapping state duties.

Go through both the pages of the article. It makes sense.

Top six factors that are taking Indian markets to all-time highs - The Economic Times The sentiment among investors has turned bullish and they are expecting the Nifty to rally another 5-10 per cent in the run-up to Diwali.

Theory behind Restaurant bills.

Sunday Ka Satyanash! Rahul and friends went to a restaurant near Indra Nagra Bangalore The Idea was to spend thelittle cashthat was left with them on good food and to rejuvenate for