Government to waive service tax on card transactions up to Rs.2000

Government will waive service tax on debit and credit card transactions of up to Rs 2,000 in a bid to promote digital transactions amid cash crunch following withdrawal of old Rs 500 and 1,000 banknotes.Starting today, you will not be charged any service tax when you use your credit or debit card for upto Rs. 2,000.The exemption is part of the government’s all-out initiative to steer the country away from a cash economy to digital transactions.

Government to waive service tax on card transactions up to Rs.2000

Know your due dates for statutory complianace – December, 2016

KNOW YOUR DUE DATES

Dec-16

DATE COMPLIANCE REQUIRED FORM NO. / CHALLAN NO.
06-12-16 EXCISE: E-PAYMENT OF EXCISE DUTY FOR NOVEMBER 2016

GAR 7

SERVICE TAX: E-PAYMENT OF SERVICE TAX FOR NOVEMBER 2016 BY CORPORATES
07-12-16 INCOME TAX: DEPOSIT OF TDS/TCS COLLECTED DURING NOVEMBER 2016

281

INCOME TAX: DUE DATE FOR FURNISHING OF CHALLAN-CUM-STATEMENT IN RESPECT OF TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF NOVEMBER 2016

26QB

10-12-16 EXCISE: MONTHLY RETURNS FOR PRODUCTION AND REMOVAL OF GOODS AND CENVAT CREDIT FOR NOVEMBER 2016

ER 1

EXCISE: MONTHLY RETURNS OF EXCISABLE GOODS MANUFACTURED & RECEIPT OF INPUTS & CAPITAL GOODS BY UNITS IN EOU, STP, HTP FOR NOVEMBER 2016

ER 2

EXCISE: MONTHLY RETURNS OF INFORMATIONS RELATING TO PRINCIPAL INPUTS FOR NOVEMBER 2016 BY MANUFACTURER OF SPECIFIED GOODS WHO PAID DUTY>=RS. 1 CRORE DURING FY 2015-16 BY PLA/CENVAT/BOTH

ER 6

15-12-16 KERALA VAT: MONTHLY RETURNS OF EVERY DEALER WHOSE ANNUAL NET TAX PAYABLE FOR THE PRECEDING YEAR WAS RS.10 LAKHS & ABOVE FOR THE MONTH OF NOVEMBER 2016

10, 10B, 10C, 10D, 10E, 10F

INCOME TAX: QUARTERLY TDS CERTIFICATE IN RESPECT OF TAX DEDUCTED  FOR PAYMENTS OTHER THAN SALARY BY ANY PERSON FOR THE QUARTER ENDED 30TH NOVEMBER 2016

16

INCOME TAX: THIRD INSTALLMENT OF ADVANCE INCOME TAX

280

EPF: PAYMENT OF EPF CONTRIBUTION FOR NOVEMBER 2016

27EQ

EPF: CONSOLIDATED STATEMENTS OF DUES AND REMITTANCES UNDER EPF AND EDLI FOR NOVEMBER 2016

12A

EPF: MONTHLY RETURNS OF EMPLOYEES WHO JOINED/LEFT THE ORGANISATION IN NOVEMBER 2016

5/10

20-12-16 KERALA VAT: MONTHLY RETURNS OF EVERY DEALER WHOSE ANNUAL NET TAX PAYABLE FOR THE PRECEDING YEAR WAS MORE THAT RS.2 LAKHS AND LESS THAN RS.10 LAKHS FOR THE MONTH OF NOVEMBER 2016

10, 10B, 10C, 10D, 10E, 10F

CST/TN VAT: MONTHLY RETURNS AND PAYMENT OF CST AND VAT COLLECTED DURING NOVEMBER 2016  IF THE MODE OF PAYMENT OF VAT AND CST IS BY CASH/CHEQUE/DD

FORM 1 / FORM I

21-12-16 ESI: DEPOSIT OF ESI CONTRIBUTIONS AND COLLECTIONS FOR NOVEMBER 2016  
22-12-16 INCOME TAX : DUE DATE FOR ISSUE OF TDS CERTIFICATE FOR TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF NOVEMBER 2016

16B

25-12-16 KERALA VAT: MONTHLY RETURN OF  EVERY DEALER WHOSE ANNUAL NET TAX PAYABLE FOR THE PRECEDING YEAR WAS LESS THAN RS.2 LAKHS FOR THE MONTH OF NOVEMBER 2016

10, 10B, 10C, 10D, 10E, 10F

30-12-16 DEMONETIZATION: LAST DAY TO DEPOSIT OLD RS.1000 & RS.500 CURRENCY NOTES WITH BANKS  
31-12-16 INCOME TAX: DUE DATE FOR DEPOSIT OF TAX DEDUCTED AT SOURCE UNDER SECTION 194-IA FOR THE MONTH OF NOVEMBER 2016

26QB

TNVAT: DUE DATE FOR FILING AUDIT REPORT FOR THE FINANCIAL YEAR 2015-16

WW

KERALA VAT: DUE DATE FOR FILING AUDIT REPORT FOR THE FINANCIAL YEAR 2015-16

13

Know your due dates for statutory complianace – December, 2016

Relax, you can still use your old Rs 500 notes at these places till Dec 15

Old Rs 500 rupee can be used for payment of utility bills, school fees, pre-paid mobile top-up

Source: Relax, you can still use your old Rs 500 notes at these places till Dec 15

Relax, you can still use your old Rs 500 notes at these places till Dec 15