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Archive: 08 September 2016

Posts in 08 September 2016

IDS, 2016 –RBI direct banks to accept Cash Over the Counter

September 8, 2016 8266 Views 0 comment Print

As you are aware, the Income Declaration Scheme, 2016 (the Scheme) has come into effect from June 1, 2016 and some declarants may like to pay their tax dues in cash. In this connection, it has been brought to our notice by the Government that banks are hesitant in allowing deposit of large amounts of cash by the declarants under the Scheme, with them, for credit to Government account.

Download Constitution One Hundred & First Amendment Act, 2016

September 8, 2016 29992 Views 0 comment Print

The Constitution (One Hundred and First Amendment) Act, 2016 of Parliament received the assent of the President on the 8th September, 2016. It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the commencement of that provision.

Decree passed against a minor or a person of unsound mind without appointing his guardian is void

September 8, 2016 6819 Views 0 comment Print

This appeal is directed against the decree of judicial separation passed by the Family Court, Durg on 21.01.2014. 2. The appellant preferred an application under Section 13 of the Hindu Marriage Act, 1955 (henceforth ‘the Act, 1955’) on the pleadings that her marriage was solemnised with the respondent on 09.06.2003. After one and half years of marriage, the respondent lost his speech and thereafter other organs including the sexual organ became ineffective.

Reg. Incorrectly issued simultaneous benefits of Zero Duty EPCG and SHIS

September 8, 2016 1816 Views 0 comment Print

Notification of procedure to be followed in cases of incorrectly issued simultaneous benefits of Zero Duty EPCG and SHIS in FTP 2009-14 by the Director General of Foreign Trade in exercise of powers conferred under Para 2.04 of the Foreign Trade Policy 2015-2020

Reg. Export of Gems / Jewelry products manufactured from gold

September 8, 2016 697 Views 0 comment Print

The RBI Circulars from 22.07.2013 to 14.02.2013 had not provided provisions to claim replenishment of gold in respect of export of Gems and jewellery products manufactured from gold, by participation in the exhibitions abroad or claiming gold in cases where gold was booked by payment of minimum 20% with Nominated Agency, subject to adjustment at time of actual sale.

Difficulty in crediting PF settlement amount in PMJDY Bank Account

September 8, 2016 1624 Views 0 comment Print

PF settlement amount forwarded to the member’s Jandhan Bank A/c were being rejected by the bank for the reason that Jandhan Bank A/c has got a credit limit of Rs. 1,00,000/- and no transaction, debit credit beyond that limit is allowed in this account. The matter was taken up with Ministry of finance to relax the conditions imposed on the bank accounts opened in Pradhan Mantri Jandhan Yojna (PMJDY)’

Best way to make a person Realise his Mistakes

September 8, 2016 44932 Views 5 comments Print

When people fail to understand their follies, it becomes essential to check them by others. Principally, there are two ways as Harsh and Kind methods, to make anyone realize the mistakes. Any rough treatments like whiplash, electric shock, hanging, etc.

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