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Archive: March, 2017

Posts in March, 2017

No exemption to Hospital building from tax payment for mere affiliation with educational institute

March 17, 2017 1341 Views 0 comment Print

A hospital attached to a Medical College can be treated as a building used for educational purposes only when medical relief offered in said hospital is free of cost.

Health For All: Putting PM Modi’s vision into action!

March 17, 2017 1014 Views 0 comment Print

Our Government under the unparalleled, dynamic and visionary leadership of the Prime Minister Shri Narendra Modiji is making relentless efforts to achieve its motto of ‘Sabka Sath Sabka Vikas’. ‘Sabka Sath’ envisages ‘Antyodaya’, where the empowering rays of opportunity reach the most deprived people i.e. the poor, marginalised and other vulnerable sections of the society.

Paradigm Change in India’s Defence Sector

March 17, 2017 900 Views 0 comment Print

Promulgation of Defence of Procurement Policy (DPP)-2016 was the first step towards making fundamental changes in the way weapons platforms are acquired in India.

Procedure for dealing with “shipping bill copies”

March 17, 2017 9771 Views 2 comments Print

Procedure for dealing with shipping bill copies consequent to doing away of Exchange Control Copy and Export Promotion Copy of shipping bill

Regarding Export of Factory Stuffed refrigerated container

March 17, 2017 1395 Views 0 comment Print

Members from trade exporting goods in Refrigerated containers have again requested for reconsideration of Public Notice 174/2016 dated 15.12.2016 & Public Notice No. 03/2017, dated 09.01.2017, wherein it was clarified that:

Cybercrime audit on banks to check loopholes

March 17, 2017 792 Views 0 comment Print

To address the issue of cyber resilience, RBI vide circular dated December 9, 2016 had instructed all authorised entities / banks issuing PPIs in the country 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 […]

9 Criterias to Assess Performance of Private Insurance Companies

March 17, 2017 936 Views 0 comment Print

Performance of private insurance companies are assessed through the following: – i.) Analysis of the financial statements and corporate governance report of the insurance companies on annual basis. ii.) Analysis of the statement of expenses of management and payment of commission on an annual basis.

Reforms to Boost Commodities Trading

March 17, 2017 747 Views 0 comment Print

Regulatory reforms are continuous process and steps are taken continuously to further strengthen and develop commodities derivatives markets. Subsequent to the merger of the erstwhile Forward Markets Commission (FMC) with the Securities and Exchange Board of India (SEBI) in September 2015, SEBI has taken several steps towards reforming and boosting trading in commodity derivatives markets. […]

Processing of returns filed in F.Y. 2015-16 to get time barred on 31.03.2017

March 17, 2017 6240 Views 0 comment Print

As you are aware that returns furnished by the assesses during the FY 2015-16 are pending for processing u/s 143(1) and the limitation date for the same is 31.03.2017.

Demonetisation: Critics Silenced as India moves ahead

March 17, 2017 2550 Views 1 comment Print

Demonetisation broke the backs of those who threatened national security and sent a clear message that it was no longer business as usual. Large deposits are under scrutiny to verify their authenticity.

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