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Archive: 17 November 2016

Posts in 17 November 2016

Investment by FPI in corporate debt securities

November 17, 2016 811 Views 0 comment Print

As announced in the Union Budget 2016-17, it has now been decided to expand the investment basket of eligible instruments for investment by FPIs under the corporate bond route to include the following:

4 new Transactions for which Quoting PAN is Mandatory

November 17, 2016 9775 Views 2 comments Print

The list under Rule 114B as on date requiring PAN to be quoted includes the following banking transactions : a. Deposit with a banking company or a co-operative bank in cash exceeding fifty thousand rupees during any one day.

MVAT- Procedure for provisional id Credential for GST Enrollment

November 17, 2016 12928 Views 0 comment Print

User Manual: provisional id Credential for GST Enrollment:

Analysis of CSR expense of 7334 Companies for FY 2014-15

November 17, 2016 3580 Views 0 comment Print

Out of 10475 eligible companies, 7334 have reported as of 31st January 2016. Out of these reporting companies only 3139 have done some expenditure on CSR.

ITPO’s Initiatives to Ease Cashless Transactions at IITF

November 17, 2016 907 Views 0 comment Print

These measures include: • Increase in number of ATM machines from 2 numbers to 14 numbers (including Mobile ATM)• Tie-up with State Bank of India and AXIS Bank to provide sufficient number of swipe machines (POS) to exhibitors to facilitate the payment transactions by visitors through debit/credit cards.

Agreement on terms of First ever Bilateral APA involving India-USA

November 17, 2016 1054 Views 0 comment Print

Bilateral Competent Authority Mutual Agreement Procedure (MAP) / Advance Pricing Agreement (APA) meeting between India and USA was held in Washington DC, USA during the last week of October, 2016.

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