Sovereign Gold Bond Scheme

SOVEREIGN GOLD BOND SCHEME

1. Eligibility:- Only to Resident Indian Entities including Individuals, HUFs, Trusts, Universities & Charitable Institutions.

2. Tenor : - Tenure of Bond - 8 Years with exit option from 5th Year to be exercised on the interest payment dates.

3. Minimum Size : 2 gms of gold.

4. Maximum Size : 500 gms per person per fiscal year.

5. Joint Holding :- In case of joint holding the limit will be applied to the first applicant only.

6. Sales Channel :- Bonds will be sold through banks and designated Post offices, as may be notified.

7. Interest Rate :- Fixed Rate of 2.75% per annum payable semi-annually on the initial value of investment.

8. Collateral:- Bonds can be used as a collateral for loan.

9. KYC Documentation :- Mandatory

ROC Extended the due date annual filings for the year 2015 to November 30th

Late Filing Fee for Service Tax Return

Filing of Awarder Return - Kerala VAT (Sales Tax) - Basics

FILING OF AWARDER RETURN UNDER KERALA VALUE ADDED TAX

1. The dealer must get a separate TIN No and Password from the concerned sales tax office in order to file the awarder return.

2. There is a separate link in the Kerala Commercial Tax Department site to login as an awarder.

3. Every awarder including a department of State Government and Central Government must file a Statement in Form No 10C showing the details of works contract awarded during every quarter.

• For Quarter 1 - (April - June)             - 10th day of July
• For Quarter 2 - (July - September)     - 10th day of September
• For Quarter 3 - (October - December) - 10th day of January
• For Quarter 4 - (January - March)      - 10th day of April

4.  Every awarder shall deduct the tax from the payment made to the contractor and pay to the assessing authority concerned.

5. Awarder shall issue a certificate in Form No 20F to the contractor and the Contractor shall issue a certificate in Form No 20G.

How to track the Income Tax Challan Status Online

Step 1 Click the following link

https://tin.tin.nsdl.com/oltas/

Step 2 You can Click either

(a) CIN based View  or

(b)  TAN based View

Step 3 Type BSR Code, Challan date, Challan Serial Number and Amount

Step 4 You can Check whether payment has been confirmed for your challan

Sukanya Samriddhi Yojana

SUKANYA SAMRIDDHI YOJANA

Sukanya Samriddhi Yojana has been introduced vide Government of India Notification No. G.S.R.863(E) dated 02.12.2014 to promote the welfare of girl children

Features:-

Ø  Account Opening:- >> A natural or legal guardian on behalf of a girl child.

 >> Account can be opened till the girl child attains the 10 years of age.

>> Account can be opened in Post Offices and notified branches of Commercial branches.

>> Birth Certificate of the girl child must be submitted at the time of opening of account.

Ø  Number of Accounts:- Up to two girl children

Ø  Amount of Deposit:- Minimum Rs. 1000/- initial deposit with multiple of Rs.100/- with annual ceiling of Rs.1,50,000/- in a financial year.(No restriction in number of deposit in a financial year).

Ø  Tenure: - 21 years from the date of deposit

Ø  Maximum Period of Deposit:- 14 Years from the date of opening of account.

Ø  Interest on Deposit:- Current Rate 9.20%

Ø  Transferability:-The account can be transferred from one bank/post office to another anywhere in India.

> Tax benefits u/s 80C :- (1) Amount of Deposit made.(Claimed by the legal guardian whose   name enters in SSY Account)

     (2) Interest Accumulated.

     (3) Final Proceedings.

Ø  Account Closure:- After the girl child attains the age of 18 years, 50% of the balance standing at the credit of the account at the end of the preceding financial year can be withdrawn for the purpose of marriage/education. Account can be closed after completion of 21 years.

Digital Signature Class -2 Traditional Vs Aadhar Based - A Comparison

s