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Archive: December, 2016

Posts in December, 2016

ITBA – Empanelment of Special Auditor and Standing Counsel – Reg.

December 22, 2016 2887 Views 0 comment Print

Launch of Income Tax Business Application (ITBA) – Administrative Functions Module Phase-4 (Empanelment of Special Auditor and Standing Counsel) – Reg.

SEBI advises Caution to Customers In the matter of PACL

December 22, 2016 1477 Views 0 comment Print

The Committee constituted by the SEBI under Chairmanship of Justice (Retd.) R. M.Lodha, Former Chief Justice of India for disposing of properties of Company viz. PACL Ltd, pursuant to order dated 02-Feb-2016 of Hon’ble SC in Civil Appeal No.13394/2015 titled PACL Ltd. Vs. SEBI and other connected matters, held its first meeting on 25.02.2016.

ICAI Code of Conduct for elected, Co-opted & Nominated Representatives

December 22, 2016 1645 Views 0 comment Print

This Code applies to elected and nominated members to the Council, Regional Councils and Managing Committees of Branches; and also to members nominated by the Institute to other bodies,

Special Deposit Scheme 1975 –Interest Payment for calendar year 2016

December 22, 2016 1723 Views 0 comment Print

Please ensure that interest for calendar year 2016 for Special Deposit Scheme 1975 is disbursed as per rates mentioned therein.

Online Filing of EPF Returns by Exempted / Relaxed Establishments

December 22, 2016 3064 Views 0 comment Print

Functionality of filing of online returns for Exempted Establishments is currently integrated in ECR Portal and said portal will be stopped in current month.

Demonetization : Hit or Miss

December 22, 2016 10297 Views 0 comment Print

First Demonetization was taken place in 1946 by then Government of India. RBI offered clients to exchange their old notes of the denomination of Rs.100 with the new one.

19 FAQs on Indirect Transfer provisions under Income Tax Act 1961

December 21, 2016 8347 Views 0 comment Print

Queries have been received by the Board about the scope of the indirect transfer provisions. In this regard, the Board constituted a Working Group on 15th June, 2016 to examine the issues raised by stakeholders.

System-driven disclosures by Depositories of trade data of promoters

December 21, 2016 1297 Views 0 comment Print

It has been decided to depositories shall provide transaction data of promoters/promoter group on a daily basis directly to stock exchanges for dissemination of necessary disclosures.

Distribution of Banknotes during Nov 10 to Dec 19, 2016

December 21, 2016 1615 Views 1 comment Print

Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over counter or through ATMs.

No proposal to mandate payment of wages via Banking Channels only

December 21, 2016 1771 Views 0 comment Print

It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to make mandatory the payment of wages to the workers only through cheque or accounts transfers. This is not the correct position.

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