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  • Standardisation and Enhancement of Security Features in Cheque Forms

    We invite your attention to our circular DPSS.CO.CHD.No. 1832/04.07.05/2009-10 dated February 22, 2010 on the subject and specifically to Paragraph 1.8 contained in the annexure thereto on 'prohibiting alterations / corrections on cheques'. A few

  • Enhancement of Advance tax limit

    Dear Friends, As you all know a person is liable to pay Advance tax for a financial year if his tax liablity during a financial year exceeds Rs. 5000. This limit was fixed way back in 1996. Considering the inflation the union budget has proposed to

  • Enhancement of Wealth tax limit

    Dear Friends, Under the existing provisions of the Wealth tax- Act, wealth tax is charged every year in respect of net wealth on the valuation date of every individual, HUF and company at the rate on 1% of the amount by which the net wealth exceeds Rs

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