Follow Us :

Archive: September, 2016

Posts in September, 2016

Empanelment of experts as Mediators or Conciliators

September 30, 2016 1132 Views 3 comments Print

Notice for Inviting applications for Empanelling experts as Mediators or Conciliators, Southern Region Notice for Inviting applications for Empanelling experts as Mediators or Conciliators, Western Region Notice for Inviting applications for Empanelling experts as Mediators or Conciliators, South Eastern Region Notice for Inviting applications for Empanelling experts as Mediators or Conciliators, Eastern Region

Govt Decides to Raise EPFO Investment in ETF from 5% to 10%

September 29, 2016 682 Views 0 comment Print

The Government has decided to raise the Employees Provident Fund ( EPF) investment in Exchange Traded Funds from present 5 per cent to 10 per cent. Announcing this Shri Bandaru Dattatreya, the Minister of State(IC) for Labour and Employment said that the decision has been taken considering the good returns in ETF investment.

CBEC retains customs duty on ghee, butter & butter oil at 40 beyond 30.09.2016

September 29, 2016 664 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 53/2016-Customs New Delhi, the 29th September, 2016 G.S.R. 931 (E).– In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so […]

Sanction of Death Relief Fund in Cases of Death While in Service- Reg

September 29, 2016 5251 Views 0 comment Print

In this regard, I am directed to inform that the President, Central Staff Welfare Committee/Central P. F. Commissioner has decided on 21.09.2016 that the Death Relief fund will be given in all cases of death while in service at the rate applicable to cases of unnatural death.

Guarantee Commission Paid for Acquisition of Fixed Assets – Allowable as Revenue Expenditure

September 29, 2016 3475 Views 0 comment Print

Section 37(1): (1) Any expenditure (not being expenditure of the nature described in sections 30 to 36 and not being in the nature of capital expenditure or personal expenses of the assessee), laid out or expended wholly and exclusively for the purposes of business or profession

CBDT amends format of 3CD Report wef 01.04.2017

September 29, 2016 31357 Views 1 comment Print

In the Income-tax Rules, 1962, in Appendix II , in Form No. 3CD, in Part-B, in clause 13, for sub-clause (d), the following shall be substituted ,namely, —(d) Whether any adjustment is required to be made to the profits or loss for complying with the provisions of income computation and disclosure standards notified under section 145(2)

CBDT notifies ICDS Applicable from Assessment Year 2017-18

September 29, 2016 26968 Views 0 comment Print

CBDT has vide notification No. 87/2016 notifies following income computation and disclosure standards applicable from A.Y. 2017-18- 1. Accounting policies 2. Valuation of inventories 3. construction contracts  4. Revenue Recognition 5. Tangible fixed assets  6. Effects of changes in foreign exchange rates  7. government grants  8. securities Preamble  9. Borrowing costs and 10.Provisions, contingent liabilities […]

CBDT rescinds ICDS notified in 2015

September 29, 2016 2122 Views 0 comment Print

Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance, Department of Revenue, published in the Gazette of India, Part-II, Section 3, Sub-section (ii), vide notification number S.O. 892(E) dated the 31st March, 2015, except as respects things done or omitted to be done before such rescission.

Demystifying common myths relating to Financial Advice

September 29, 2016 1126 Views 0 comment Print

Finances can be sometimes tough to take it all alone. Seeking financial advice from your planner can benefit you no matter you are young or old, single or married, have high or low income.

Draft GST Rules – A Brief Understanding

September 29, 2016 7258 Views 0 comment Print

As a step towards implementation of GST in India, the Central Board of Excise and Customs (CBEC) has released the Draft Goods and Services Tax Rules (GST Rules) on the public domain recently. Along with GST Rules, CBEC has also released draft formats of the various Forms mentioned in the said Rules.

Search Post by Date
September 2016
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930