E-Circulars

E-Circulars

Finsys Infotech Limited and the MLG Team is honored to be a part of the I am SME of India, one of the largest SME body in India. As Writer , Author, Editor and other capacities, we have added our own knowledge and also done a part of our Corporate Social Responsibility.

Some of The Circulars are Produced Herewith,
For Public Domain Knowledge

Date

E-Circular

Download

Date

25th June 2018

E-Circular

First ever Balance Sheet in GST Regime
Year with two regimes, GST Returns & Reconcillations

Date

23rd February 2018

E-Circular

For all of you who are / whose family members are SeniorCitizens 80D is allowed for 100% of Actual medical expenditures subject to the same limits.

Date

12th February 2018

E-Circular

“Directors’ fee is taxable for the resident country of the company. But how to deal with the overseas income for a Director???”

Date

2nd February 2018

E-Circular

Highlights Indian economy the fifth largest economy very soon. Crypo Currencies, always illegal.

Date

9th January 2018

E-Circular

Cash Transactions limited to 10000

Date

9th January  2018

E-Circular

War on “Cash”
How are MSME’s effected in India, USA, Italy, France and Spain

Date

28th December  2017

E-Circular

Bar Codes for production Monitoring, PPC Plan vs Actual,
and Movement of goods between the various Production sections / WIP Stages within the company

Date

13th October  2017

E-Circular

“Income tax point of view & GST point of view”

Date

27th August 2017

E-Circular

Unsigned Invoice, is INVALID as per Law & if caught, 100% Modvat on those bills will be reversed

Date

10th August  2017

E-Circular

Goods Transporters –  ITC ( Input Tax Credit) on GTA.

Date

10th August  2017

E-Circular

Decisions in 20th GST Council Meeting.

Date

8th August  2017

E-Circular

How to Fill Form 3B – Online

Date

8th July  2017

E-Circular

IMSME E-Circular Income Tax Return with Demonetization Cash Declaration Last date this month

Date

17th April  2017

E-Circular

Integrated Association of Micro, Small & Medium Enterprises of India

Date

5th April  2017

E-Circular

Integrated Association of Micro, Small & Medium Enterprises of India

Date

12th January 2016

E-Circular

Factors to checked :- No. of employees, Mode of Salary payment & Category of Employees

Date

5th August  2015

E-Circular

E- Circular : Finsys team releases the E circular on the “Levy of Service tax on Re-imbursements of the Expenses” norms, as laid down. Recent clarifications by Budget 2015 / Finance Act 2015. Must for all service providers and all service receivers.

Date

12th March 2014

E-Circular

E- Circular : Finsys team releases the E circular on the “Corporate Social Responsibility” norms, as laid down in the Companies Act 2013. Notified now. all large companies to spend 2% of their profit on CSR activities. Must Read how it affects you.

Date

20th January 2014

E-Circular

E- Circular : TDS Logic has changed after 5 years ( reverts back to pre-2008 logic ). Calculate TDS on Basic Value Only. Yes it will affect every Business. Effective TDS Rate comes down from 10% on Gross to 8.90% on Gross for professionals, and 1.78% for Contractors.

Date

4th January 2014

E-Circular

Want to Donate to a Political Party? Do it by cheque now.

  • All Limits removed ! New Companies Act, and Income Tax Act sec 80GGB.
  • Service Tax on “LIC” Insurance : Begins now w.e.f. 1.1.2014
  • New Land Acquisition Act, comes into Force w.e.f. 1.1.2014
  • Buying Agricultural Land … to get tougher / and Costlier

Date

26th October 2013

E-Circular

E- Circular on the TDS on installments being paid to HSIIDC / other builders for the purchase of property.

Date

2nd September 2013

E-Circular

E- Circular : Do you have Purchase / Sale from any Related companies ? Domestic Transfer Pricing Norms and Returns Form 3CEB. If amount is more than limits, then be ready to disclose everything to Govt, Else Pay Penalty of 2% of the Transactions.

Section 92BA guidelines for SDT.

Date

28th August 2013

E-Circular

E- Circular : FSIA E-circular- 28 Aug 2013, Forex Crash USD Crosses 68, and Pound 106, BSE sensex below 17600. Reasons behind it, + Advice on Income Tax, Service Tax dates (2nd circular on forex topic in Aug 2013 )

Date

21st August 2013

E-Circular

E- Circular on the Stock Market Crash, Rupee Crash, Reasons behind it, + Advice on Income Tax, Service Tax dates

Date

21 June 2013

E-Circular

TDS on Purchase of Property Section 194IA.  1% on TDS each time you pay for purchase of property over Rs 50 lakhs.

Date

21 May 2013

E-Circular

(Special 30% Bonus ( Additional Deduction ) for employing more “Blue Collar Workers” in your Factory (Section 80JJAA)

E circulars 2006 to 2013

For feedback on these circulars, or any suggestions, opinions, or requests for any clarification,
please mail at- corporate[at]finsys.in