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Archive: 22 August 2016

Posts in 22 August 2016

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 4431 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 3912 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Appointment of Common Adjudicating Authority by DGRI

August 22, 2016 593 Views 0 comment Print

Director General, Revenue Intelligence, hereby appoints officers mentioned in column (5) of the Table below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers mentioned in column (4) of the said Table in respect of noticees mentioned in column (2) of the said Table for the purpose of adjudication of show cause notices mentioned in column (3) of the said Table

All you need to know about Exclusions in Your Health Insurance Policy

August 22, 2016 4169 Views 0 comment Print

In almost all cases, where claims are rejected, the main reason is lack of knowledge about the insurance policy. The claims are usually refused depending upon the points mentioned in the policy documents.

How to get better investment returns than your friends or others?

August 22, 2016 4235 Views 1 comment Print

In order to invest at a right place, you need to understand few things first. You should be aware about your motive to invest. Generally, we all aim to secure our future by investing into shares and mutual funds. Mutual funds are more secure than shares but also are little slower when it comes to return on investment.

Reporting on Internal Financial Controls- Application of SA 265

August 22, 2016 13775 Views 0 comment Print

Reporting on Internal Financial Controls under Clause (i) of Subsection 143(3) of the Companies Act, 2013- Application of principles of SA 265- SA 265 guides the auditor on how to determine if there are deficiencies in internal control and how these deficiencies observed by him could be considered as significant and the manner of communicating such deficiencies to the management and those charged with governance.

Promotion of 89 officers to the grade of JCIT – reg.

August 22, 2016 4040 Views 0 comment Print

The President is pleased to promote the following officers of Indian Revenue Service to officiate on regular basis in the grade of Joint Commissioner of income Tax in the Pay Band 3 – Rs.15,600 – 39,100 + (7,600-Grade Pay) (pre-revised) with immediate effect:-

Report on Development of Corporate Bond Market in India

August 22, 2016 1091 Views 0 comment Print

It has been well recognized that a well-developed corporate bond market complements a sound banking system in providing an alternative source of finance to the real sector for its long-term investment needs. An active corporate bond market also helps in the diversification of risks in the financial system

Govt invites suggestion on Manual for Procurement of Good

August 22, 2016 1193 Views 0 comment Print

The Manuals on Policies and Procedures for Purchase of Goods. Works and Consultancy were issued by this Department in 2006. These Manuals were prepared in conformity with the General Financial Rules, 2005 and contained broad generic Guidelines. To suit their local/specialized needs, Ministries / Departments were to supplement these manuals by issuing Detailed Operating Instructions;

Dr. Urjit R Patel appointed as New RBI Governor

August 22, 2016 1805 Views 0 comment Print

Dr. Urjit R Patel has been appointed as the New Governor of Reserve Bank of India (RBI) for a period of three years with effect from 4th September, 2016. He will replace the present RBI Governor Dr. Raghuram Rajan. Dr Patel is presently the Deputy Governor of RBI and is holding this assignment since 2013.

Law of Disqualifications for Appointment of Directors: Analysis

August 22, 2016 16877 Views 6 comments Print

Amitav Ganguly Background The Board of Directors {Board} of a company is its highest decision making organ. However the shareholders’ jurisdictions always exist as per the scheme of the Company jurisprudence. The directors constituting the Board act collectively, as well as individually, depending upon the position they hold and the authorities granted to them by […]

Provisional Assessment U/s. 18 of Customs Act, 1962-Guidelines

August 22, 2016 19049 Views 0 comment Print

The Customs (Provisional Duty Assessment) Regulations 2011 issued under notification no. 81/2011 – Customs (NT) dated 25.11.2011 were reviewed in view of references from the field formations regarding guidelines on the implementation of Regulation 2(2) and Regulation 4.

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