"December, 2014" Archive - Page 10

Non Cooperative Borrowers: A New Lending norms by RBI

Indian economy was witnessing a heavy turmoil in the previous years and in the current year also this is, to the some extent continuing. However, we are witnessing some comforts where the Whole- sale price index have come to zero and the consumer price index is much within the comfort level....

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Posted Under: Fema / RBI |

Goods & Service Tax via Dual GST & GST Council Era – Part – I

Advocate Anandaday Misshra Goods & Service Tax (GST) is a regime of Uniform Tax. A regime in which  multiple indirect taxes will be the talk of past and indirect taxes will be subsumed in GST. A. Taxes to be Subsumed in GST The following taxes will be  subsumed under GST : Central Taxes 1.Central Excise Duty, […]...

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Posted Under: Fema / RBI |

Scope of Secretarial Audit under section 204 of the Companies Act, 2013

PDII:CA-2013 ,  December 22, 2014 Section 204 requires every listed company and a company belonging to other class of companies as may be prescribed to annex with its Board’s report made in terms of sub-section (3) of section 134, a secretarial audit report, given by a company secretary in practice, in such form as may […]...

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Posted Under: Fema / RBI |

Due date to Deposit Pre-2005 Currency Notes extended to June 30, 2015

Reserve Bank said that now the notes in Mahatma Gandhi series have been in circulation for a decade. A majority of the old notes have also been withdrawn through bank branches. It has, therefore, decided to withdraw the remaining old design notes from circulation. Not having currency notes in multiple series in circulation at the same tim...

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Posted Under: Fema / RBI |

Candidates declared elected for ICSI Election to Council from NIRC

Pursuant to Notification No.1 of 2014 dated 91h September, 2014, the Election to the 12th Council of the Institute of Company Secretaries of India was held in accordance with section 9(2)(a) of the Company Secretaries Act, 1980 and the Company Secretaries (Election to the Council) Rules, 2006 on 12th and 139i December, 2014 at Delhi and M...

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Posted Under: Fema / RBI |

Govt. notifies ‘Reliance Retirement Fund’ as pension fund for deduction U/s. 80C

Notification No. 90/2014-Income Tax 23/12/2014

Notification No. 90/2014-Income Tax S.O.(E) In exercise of the powers conferred by clause (xiv) of sub- section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Reliance Retirement Fund set up by the Reliance Mutual Fund registered under the Securities and Exchange of Board of India ...

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Govt. notifies 6 more entities for purposes of Sec. 10(46) exemption

Notification No. 89/2014-Income Tax 23/12/2014

Notification No. 89/2014-Income Tax Notification No. 84/2014, 85/2014, 86/2014, 87/2014, 88/2014, 89/2014 - Dated- 23 December, 2014 - CBDT has notified following six Organisations for Exemption U/s. 10(46) West Bengal Building and Other Construction Workers Welfare Board, Karnataka Computerisation of Police Society, Tamil Nadu Pollution ...

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Notification No. 88/2014-Income Tax Dated 23/12/2014

Notification No. 88/2014-Income Tax 23/12/2014

Notification No. 88/2014-Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Bureau of Indian Standards set up by the Bureau of Indian Standards Act, 1986 (63 of 1986) in respect of the followin...

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Notification No. 87/2014-Income Tax Dated 23/12/2014

Notification No. 87/2014-Income Tax 23/12/2014

Notification No. 87/2014-Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961) the Central Government hereby notifies for the purposes of the said clause, the 'Karnataka Computerisation of Police Society', a body constituted by the Government of Karnataka, in respect of the fo...

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Notification No. 86/2014-Income Tax Dated 23/12/2014

Notification No. 86/2014-Income Tax 23/12/2014

Notification No. 86/2014-Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961) the Central Government hereby notifies for the purposes of the said clause, the 'Tamil Nadu Pollution Control Board', a body constituted by the Government of Tamil Nadu, in respect of the specified ...

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