"August, 2011" Archive - Page 4

FM Confident of India’s Capacity to Come Out Stronger from any International Financial Crisis

The Union Finance Minister Shri Pranab Mukherjee said that India’s robust performance in difficult times shows that we could actually come out stronger from any international financial crisis. The Finance Minister said that we have to be alert to shape real-time policy responses, reform systems, improve the regulatory framework of our i...

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Posted Under: Finance |

RBI releases Report of the Working Group on the Issues and Concerns in the NBFC Sector

The Reserve Bank of India today placed on its website the Report of the Working Group on the Issues and Concerns in the NBFC Sector, chaired by Smt. Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL). Other members of the Group were Sanjay Labroo, Rajiv Lall, Bharat Doshi, Pratip Kar and Uma Subramaniam (M...

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Posted Under: Finance |

Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Amendment in Notification No. S.O. 733(E), dated 31-7-2001

Notification No. 45/2011 - Income Tax 26/08/2011

Notification No. 45/2011 - Income Tax DATED 26-8-2011 In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments in the notification of the Government of India, Ministry of Finance, (Department of Revenue)...

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Section 118 of the Income-tax Act, 1961 – Control of Income-tax authorities – Notified subordinate officer

Notification No. 44/2011 - Income Tax 26/08/2011

Notification No. 44/2011 - Income Tax DATED 26-8-2011 In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that the Additional Commissioner of Income-tax, (Central Range) Chandigarh shall be subordinate to Commissioner of Income-tax (Central) Gurgaon...

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RBI extends Rupee Drawing Arrangements (RDAs) under the Speed Remittance procedures to Exchange Houses situated in Malaysia

RBI/2011-12/160 A.P. (DIR Series) Circular No.09 A.P.(FL/RL Series) Circular No.01 August 29, 2011 29/08/2011

Under the Rupee Drawing Arrangements (RDAs), inward remittances for permissible purposes are received in India through Exchange Houses situated in Gulf countries, Hong Kong and Singapore, with prior approval of the Reserve Bank. With a view to extending the scope of the said Arrangement to other jurisdictions, it has been decided to exten...

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Revised proforma for monthly report of disposal of appeals by CIT(A)

Central Board of Direct Taxes, Ministry of Finance, Department of Revenue has released the revised proforma for monthly report of disposal of appeals by CIT(A). ...

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Posted Under: Finance |

89(1) Arrears Relief Calculator for Govt Employees with Form 10E

Download Section 89(1) Automatic Arrears Relief Calculator for West Bengal Govt Employees alongwith Form 10E and its annexures in excel format....

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Income Tax Rates (For Individuals, HUFs, AOP, BOI) for A.Y. 2011-12 and F.Y. 2010-11

Income Tax Rates (For Individuals, HUFs, Association of Persons, Body of Individuals) ASSESSMENT YEAR 2011-2012 RELEVANT TO FINANCIAL YEAR 2010-2011 I TAX RATES FOR INDIVIDUALS OTHER THAN II & III BELOW Upto 1,60,000                         – Nil 1,60,000 to 5,00,000               – 10%...

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Income Tax Rates for A.Y. 2010-11 / F.Y. 2019-10

Income Tax Rates Chart (For Individuals, HUFs, Association of Persons, Body of Individuals) for A.Y. 2010-11 and F.Y. 2019-10...

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Income Tax Rates for A.Y. 2009-10 with Deductions & FBT rates

Income Tax Rates Chart (For Individuals, HUFs, Association of Persons, Body of Individuals) for A.Y. 2009-10 / F.Y. 2008-09...

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