New Interest Rates In Small Saving Scheme – RBI

SSCHello everyone, Trust all of you doing great in your life. As per recent notification dated 06.04.2017 issued by RBI, Interest Rates in Small Saving Schemes are revised. The revised rates are for first quarter (01.04.2017 to 30.06.2017) of financial year 2017-18. New rates are: –

  • Saving account deposit – 4% annually
  • One year time deposit – 6.9 % Quarterly
  • Two year time deposit – 7 % Quarterly
  • Three year time deposit – 7.2 % Quarterly
  • Five year time deposit – 7.7 % Quarterly
  • Five year recurring deposit – 7.2 % Quarterly
  • Five year senior citizen saving scheme – 8.4 % Quarterly
  • Five year monthly income account scheme – 7.6 % Monthly
  • Five year national saving certificate – 7.9 % Annually
  • PPF scheme – 7.9 % Annually
  • Kisan Vikas Patra – 7.6 % Annually
  • Sukanya Samridhi account scheme – 8.4 % Annually

Click here to view notification

HSN CODE – GST

HSN (Harmonised System of Nomenclature) is an internationally accepted product coding system formulated under General Agreement on Tariffs and Trade (GATT).

Image result for HSN codeIn India, currently, adapted HSN coding is currently used under Excise and Customs for classification of products. It is necessary to determine correct applicable rate (including exemptions, if any).

Under GST, government shall continue the concept of classification based on HSN but a slightly modified version will be implemented wherein turnover of the taxpayers will play a pivotal role in determine coding. However, there will be separate codes for goods and services. Broad rule is as under:-

  • Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use 2 digit code;
  • Taxpayers whose turnover is Rs. 5 crores and above shall use 4 digit code; and
  • Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices.

Services will be required to be classified per the Services Accounting Code (SAC)

Click here to  download – HSN Code

Stamp Duty On Issue of Shares – Haryana

Image result for stamp dutyIn Schedule 1-A to the principal Act, under column “Proper Stamp Duty”,

(i) Against article 19, for the existing entry, the following entry shall be submitted namely:-

“One rupee for every one thousand or a part thereof, of the value of the shares, scrip or stock”.

(ii) Against article 27.

(a) in clause (a), for the existing entry the following entry shall be submitted , namely:–
“0.05% per year of the face value of the debenture subject to the maximum of 0.25%”.

(b) in clause (b), for the existing entry shall be substituted namely —
“0.05% per year of the face value of the debenture, subject to the maximum of 0.25%”.

(iii) against article 48—
(a) in clause (a), for the existing entry, the following entry shall be substituted, namely:–

“Three hundred rupees”.
(b) in clause (b), for the existing entry, the following entry shall be substituted, namely:–
“Three hundred rupees”.

(c) in clause (c), for the existing entry, the following entry shall be substituted, namely:–
“Three hundred rupees”.

(d) in clause (d), for the existing entry, the following entry shall be substituted, namely:–
“Five hundred rupees”.

(e) in clause (e), for the existing entry, the following entry shall be substituted, namely:–
“One thousand rupees”, and

(f) in clause (g), for the existing entry, the following entry shall be substituted, namely:- “One hundred rupees for each person authorized”.

Click here to download Revised Stamp Duty in Haryana

JOBS UPDATE

  • Require an accountant with 2-4 years of experience B.com/CA-Inter/ICWA to work with an exciting mature startup in Bangalore. If you are aware of any individual who would fit the bill, do send me an email at prateek@aristoconsultants.com.
  • Controller and Cost Accountant for an MNC (urgent) Location: Near Surat (Gujarat), Qualification: Qualified cost accountant 5-8 Years ideally a person with a master in economics/business administration or similar post qualification. Experience preferably in manufacturing industry. Good knowledge of product costing, Cost Accounting Standards and Fixed assets management. If interested and matching the above requirement kindly share CVS at encodershub.services@gmail.com or may refer suitable candidate.
  • Urgent Requirement for Chief Finance Officer(Ahmedabad location) : Finance Control Department. If interested do mail us on shivangi@nrdoshi.ae Experience : Minimum 5 years.

62 foreign NGOs set up offices in China

Sixty two foreign NGOs have registered with public security authorities and set up their representative offices in China after a new law regulating overseas NGOs took effect on January 1.

Image result for Foreign NGOAmong the 62 NGOs, which include those in fields such as the economy, education and environmental protection, 27 are from the United States, including the Bill and Melinda Gates Foundation and the US-China Business Council, state-run Xinhua news agency reported today. The other 35 come from 14 regions and countries, including the Hong Kong Special Administrative Region, Britain, Germany and Switzerland.

“With simplified procedures and less time spent, the registration went smoothly under the new law,” said Jacob Parker, vice president of China Operations of the US-China Business Council, an organisation of American companies in business with China.

How to register your marriage online

Image result for marriage registrationHello everyone, Trust all of you doing well in your life. Today I would like to share great information about how to register your solemnized marriage in delhi. You must be aware that Delhi is a capital of India and mostly government registrations are online now. If you are reside at Delhi then you can click this link to create your account. Following process involve to register you marriage in Delhi.

  1. Firstly, create your account by this link. For this you must have Aadhaar Card or Voter Card.  (Valid Mobile Number Must Be Associated With UID)
  2. Fill the citizen registration form properly and mention your correct Email ID and Mobile Number for future reference.
  3. Many tabs shown on upper side, Click apply online tab and go for apply online services.
  4. Select service number 17 (Registration of Marriage) and fill the form as well as upload self attested documents of Groom, Bride and Two Witness.
  5. Click here to download word format of affidavit (For Groom) (For Bride). Value of stamp paper must be Rs 10 for each candidate.
  6. Documents required for Groom :-  Passport, Driving Licenses, UID, Votercard and Pan Card.
  7. Documents required for Bride :- Passport, Driving License, UID, Votercard, Pancard and 10th certificate or marksheet as an age proof.
  8. Passport size photo and one marriage photo of couple.
  9. Pan and UID is mandatory for both witnesses.

After uploading all the documents as per department requirement, you shall go for appointment date. Link of appointment date blink after submitting online application.

Related imageOn the day of appointment, you must carry following things to register your marriage easily.

  1. Original and Self attested copy with date of all documents already uploaded at website.
  2. 5 Passport size photos of Groom and Bride.
  3. One couple photo.
  4. Take physical form from desk and fill the form accurately as per online application filled.
  5. Two witnesses with original pan card and UID’s.
  6. Certificate of solemnization of marriage (Gurdwara or Mandir)
  7. Debit or Credit Card for payment of government fees.
  8. Government Fee are (Rs 500 (Within 60 days)) (Rs 1000 (Within 90 days)) (Rs 1500 (After 90 days))
  9. Professional will charge Rs 5000-10000 for this assignment.
  10. After submitting offline application with SDM you will collect your Marriage Registration Certificate online through login link already crated in begging of application.

Thank You |Sukhwinder Singh | 9999939069