"09 December 2016" Archive

Promotion of IRS Officers to Post of Joint CsIT- Order No. 198 of 2016

Order No. 198 of 2016 09/12/2016

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:-...

Read More

Committee on Digital Payments submit its report to Finance Minister

Committee on Digital Payments headed by Shri. Ratan P Watal, Principal Advisor, NITI Aayog submits its Final Report to Union Finance Minister ...

Read More
Posted Under: Income Tax |

Key Changes of IRDAI (Health Insurance) Regulations, 2016

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....

Read More
Posted Under: Income Tax |

MCA notifies 6th tranche of 22 Sections under Bankruptcy Code

Notification No. S.O. 3687(E) 09/12/2016

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....

Read More

Prepaid Payment Instrument issuers to get Technical Audit done: RBI

RBI/2016-17/178 DPSS.CO.OSD.No.1485/06.08.005/2016-17 09/12/2016

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...

Read More

Growth in Direct / Indirect Tax Collections up to November, 2016

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;...

Read More
Posted Under: Income Tax |

Revised Procedure to tender & settle shares through Stock Exchange

Circular No. CFD/DCR2/CIR/P/2016/131 09/12/2016

Under revised procedure transfer of shares of shareholders under tender offers would be made directly to account maintained by clearing corporation. ...

Read More

MCA achievements for the month of November, 2016

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....

Read More
Posted Under: Income Tax |

BCAS Free e-book on Rules of Interpretation of Tax Laws

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 r...

Read More

Reliance JIO – 4 cases with CCI – Monopoly by Cellular Service Providers

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: -...

Read More
Posted Under: Income Tax |

Search Posts by Date

January 2022