SSRC Financial Services

SSRC Financial Services We are in profession of providing quality Tax Consultancy, Accounting and Allied services for your bu

27/11/2018

27 Nov 2018

Economic Times

Business Standard

Ø Centre to infuse Rs 42,000 crore in PSBs by March

Ø Q2 GDP growth likely to slow to 7.5-7.6%: Report

Ø RBI can transfer Rs 1-tln of excess reserves to govt

Ø India set to miss 2018-19 deficit target: Ind-Ra

Ø IL&FS claims over dozen responses for 2 arms

Ø RINL plans to reduce its iron-ore dependence on NMDC

Ø IL&FS Transportation defaults on interest payment

Ø Telcos owe Rs 245 bn as spectrum fee in 2019; Voda Idea to pay Rs 122 bn

Ø RBI reduces hedging provision for external commercial borrowings to 70%

Ø YES Bank's Kapoor family repays Rs 4 billion to two MFs

Ø Sebi issues guidelines to set up alternative investment funds in IFSC

Ø India, China amend Double Taxation Avoidance Agreement to prevent evasion


Mint

Ø NITI Aayog working on ways to help Indian firms become global giants

Ø Aussie co to help 2 lakh farmers hone dairy skills

Ø Dip in revenues may widen fiscal gap to 3.5% in FY19: Report

Ø Banks may stay away from NBFC, HFC bonds under special window

Ø Mitsubishi board meets to remove Chairman Ghosn

Ø Mirc Electronics to make TVs for Mukesh’s Reliance Retail

Ø Large Indian firms must borrow 25% in bonds from as early as 1 April: Sebi

Ø Centre moves SC seeking Rs 2,940 crore RCom bank guarantee over spectrum

Ø Govt moves to redraft direct tax laws to modernize income tax

Ø EU, India in joint bid to fill vacancies at WTO body

Ø Sun Pharma to acquire Japan’s Pola Pharma for $1 million


Financial Chronicle

Ø Demonstrators demand adequate supply of coal to Odisha industries

Ø New power record! Power demand at all-time high in October

Ø Essar Steel bid: StanChart moves NCLT against selection of ArcelorMittal

Ø Gujarat signs MoUs with IAAI, CMAI to promote textile industry

Ø HEG board okays Rs 750 cr share buyback

Ø NSE to launch weekly options on dollar-rupee on Dec 3

Ø Govt extends duty sops for non-basmati rice export

Ø URJIT Patel faces grilling by house panel today

Ø NIIT Tech founders may sell 30% holding for a premium

Ø Airtel Africa Appoints Eight Global Banks For IPO

20/07/2018

CONGRATS TO OUR DELHI BRANCH MANAGER FOR CLEARING THE 1ST GROUP OF CA FINAL... WISHING U A GREAT SUCCESS AHEAD..... Sourabh Rawat

10/07/2018

Buy Class 2 DSC at Rs 500 only. T&C Apply

07/07/2018

Sharing business with such an ambitious partner is truly a great experience! Wishing Mr Abishek Sharma our Financial Services Department head a wonderful birthday!

05/07/2018

SSRC Financial Services has expanded
its wings.We feel pleasure to announce our new Liasoning Services with Banks, Financial Institutions and various other Authorities.Feel free to contact for details.

21/05/2018

Buy Digital Signature Certificates Class 2 and Class 3 at very reasonable rates.

10/05/2018

We wish to inform everyone that ITR 4 for AY 2018-19 is now available for e - Filing.

17/04/2018

Logical but late

Logical but late
17/04/2018

Logical but late

14/04/2018

CBDT has notified the new Income Tax Return (ITR) forms for FY 2017-18/ AY 2018-19 for simplified manual submission/ e-filing of returns, vide Notification No. 16/2018 dt. 3 April, 2018. Further, Excel/ Java Utility for Form ITR-1 Sahaj has been released and e-filing has been enabled on e-filing website on 14 April, 2018.
New ITR forms incorporates the amendments made by the Finance Act, 2017. Also, new ITR forms requires assessees to quote GST Registration No., GST Turnover, etc. and to provide the figures of Ind AS compliant financial statements.
There is no change in the manner of filing of ITR Forms as compared to last year as these are to be filed electronically. Where return is furnished in ITR Form-1 (Sahaj) or ITR-4 (Sugam), certain persons have an option to file return in paper form.
Requirement of furnishing details of cash deposit for specified period as provided in ITR Form for AY 2017-18 has been done away with from AY 2018-19.
Requirement of furnishing details of any one foreign Bank account has been provided for NRIs for the purpose of credit of refund.
Individuals & HUFs having income under the head business or profession to file either ITR Form-3 or ITR Form-4 (in presumptive income cases).
ITR Form-2 has also been rationalised. Individuals & HUFs having income under any head other than business or profession are eligible to file ITR Form-2.
For AY 2018-19 too, a one page simplified ITR Form-1 (Sahaj) has been notified.This can be filed by an individual who is resident other than not ordinarily resident,having income upto Rs. 50 lakh from salary, one house property/ other income

Starting from Financial Year 2017-18 (Assessment Year 2018-19) , if income tax return is not filed within due date, late...
06/04/2018

Starting from Financial Year 2017-18 (Assessment Year 2018-19) , if income tax return is not filed within due date, late fee of Rs.5,000 for delay up to 31st December, and Rs.10,000 thereafter will be levied.

Such fee will be restricted to Rs.1,000 for small taxpayers with income up to Rs.5 lakh.

Prepare yourself on time and file your income tax returns within due date.

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Amritsar
143011

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