The President Is pleased to extend the ad-hoc appointment of the following IRS officers to the grade of Joint Commissioner of Income Tax upto 31.12.2016:-
Committee on Digital Payments headed by Shri. Ratan P Watal, Principal Advisor, NITI Aayog submits its Final Report to Union Finance Minister
Under Health plus Life Combi Product, Combination of any Life Insurance cover offered by a life insurer and a Health Insurance cover offered by General Insurer or Health Insurer is allowed.
Central Govt appoints 15.12.2016 as the date on which provisions of section 33 to section 54 of Insolvency and Bankruptcy Code, 2016 shall come into force.
All authorised entities/banks issuing PPIs in the country are advised to: i. carry out a special audit by the empanelled auditors of Indian Computer Emergency Response Team (CERT-In) on a priority basis and take immediate steps thereafter to comply with the findings of the audit report
Direct Tax Collections up to November, 2016 show net collections at Rs. 4.12 lakh crore which is 15.12% more than the net collections for the corresponding period last year;
Under revised procedure transfer of shares of shareholders under tender offers would be made directly to account maintained by clearing corporation.
The Ministry, vide notification no. S.R. 1049(E) dated 07.11.2016, has amended Companies (Registration Offices and Fees) Rules, 2014, allowing certification of AOC-4 by Company Secretaries and Cost Accountants also in addition to Chartered Accountants.
Advocate N. M. Ranka 1. Introduction: No enactment has been enacted by the Legislature for Interpretation of Statues including on Tax Laws. However, in many an acts, definition clause is inserted to mean a ‘word’ or ‘expression’. Explanations and Provisos are inserted to expand or curtail. No codified rules have been made by the rule […]
The Competition Commission of India (CCI) has registered four cases against cellular service providers alleging violation of Section 3 and 4 of the Competition Act, 2002 as follows: –