"20 March 2017" Archive - Page 2

Committee on officials who are either absconding or on unauthorized leave

Order No. F.No.ADG(Exams)/Comm./2017-18 (20/03/2017)

A Committee is being constituted to carry out a one time count of all the officers working in the Income tax organization and identify such of those Group A officers as are presently on unauthorized leave or are absconding. The Committee will comprise the following officers...

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High Pitched Assessment: AO/CIT cannot straightaway demand 15% payment

Flipkart India Private Limited Vs ACIT (Karnataka High Court)

Undoubtedly, the present case raises the issue of balancing the interest of the Revenue, and the interest of an Needless to say, the Revenue does have the right to realise the assessed incometax amount from the assessee. However, while trying to realise the said amount, the Revenue cannot be permitted, and has not been permitted by the Ci...

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How to get free money from your Debit Card etc.?

After demonetization, usage of plastic money (like Debit Card, Credit Card etc.) is increased manyfold. But do you know that by using these cards, you might be getting some free points or free money?...

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Posted Under: Income Tax |

Acquisition of Bharatiya Mahila Bank Limited Order, 2017

Order No. G.S.R. 269(E) (20/03/2017)

State Bank of India with sanction of Central Government and in consultation with RBI, has entered into negotiations for acquiring Bharatiya Mahila Bank Limited...

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Minimum Wages as fixed by Central Government wef 19.01.2017

The Central Government has notified the revision of minimum wages for the scheduled employments in the Central sphere on 19.01.2017. The increase in minimum wages for scheduled employment under the Central sphere w.e.f. 19.01.2017 as shown in the table below:- ...

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Posted Under: Income Tax |

National Legal Services Authorities (Amendment) Rules, 2017

Notification No. G.S.R. 263(E) (20/03/2017)

Central Government hereby makes following rules further to amend National Legal Services Authorities Rules, 1995, namely:—National Legal Services Authorities (Amendment) Rules, 2017....

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Employees’ Enrolment Campaign launched by EPFO

An Employees’ Enrolment Campaign has been launched by Employees’ Provident Fund Organisation during the period 01.01.2017 to 31.03.2017, in order to extend social security benefits to all the eligible workers in the country. During the Campaign, various financial incentives are being offered to establishments to enroll their workers. ...

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Posted Under: Income Tax |

I think I deserved that promotion more

Each one of us including myself at some point amidst our journey of top notch employments have felt that I'm more deserving than everyone else when the season of promotions sets in. ...

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Posted Under: Income Tax |

Draft Master Directions on Issuance & Operation of PPIs in India

RBI/DPSS/2016-17/53 DPSS.CO.PD. No. /02.14.006/2016-17 (20/03/2017)

Reserve Bank of India has, from time to time, issued a number of circulars containing policy guidelines on Issuance and Operation of Prepaid Payment Instruments (PPIs) in India. ...

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Securities Contracts (Regulation) Amendment Rules, 2017

G.S.R. 268(E). (20/03/2017)

Where the Securities and Exchange Board of India makes a recommendation, the governing body of a stock exchange shall, admit as member the following corporations, bodies corporate, companies or institutions, namely :‑...

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