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Archive: 04 May 2017

Posts in 04 May 2017

Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2017

May 4, 2017 3129 Views 0 comment Print

(1) This Scheme may be called the Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2017. (2) It shall come into effect from the date of its publication in the Official Gazette.

Amendment in rule for Disbursement of pension and other benefits

May 4, 2017 870 Views 0 comment Print

Disbursement of pension and other benefits.- (1) The Commissioner shall, with the approval of the Central Board, enter into arrangement for the disbursement of pension and other benefits under this Scheme with disbursing agencies like post office or nationalised banks or Treasuries or scheduled commercial banks including regional rural banks or co-operative banks through electronic or digital funds transfer system.

Employees’ Provident Funds (Sixth Amendment) Scheme, 2017

May 4, 2017 3510 Views 0 comment Print

The payment may be made to the person, to whom payment is to be made, through electronic or digital funds transfer system of any Scheduled commercial bank or any post office

Tax Exemption on ‘Pradhan Mantri Vaya Vandana Yojana’ Services

May 4, 2017 39645 Views 14 comments Print

Seeks to amend notification No. 25/2012-ST dated 20.06.2012 so as to exempt life insurance services under ‘Pradhan Mantri Vaya Vandana Yojana’.

Customs Rate of foreign currency exchange WEF 5th May, 2017

May 4, 2017 3498 Views 2 comments Print

Customs Rate of exchange of conversion of the foreign currency with effect from 5th May, 2017 as notified by CBEC vide Notification No. 43/2017 – Customs (N.T.) dated the 4th May, 2017

President Assents Taxation Laws (Amendment) Act, 2017

May 4, 2017 19698 Views 0 comment Print

Taxation Laws (Amendment) Act, 2017 been assented by President to amend Customs Act, 1962, Customs Tariff Act, 1975, Central Excise Act, 1944, Central Sales Tax Act, 1956, Finance Act, 2001 and Finance Act, 2005 and to repeal certain enactments.

CBI arrests Mumbai CIT & 5 others in alleged bribery case & recovers Rs. 1.50 crore

May 4, 2017 22263 Views 5 comments Print

The Central Bureau of Investigation has arrested a Commissioner of Income Tax (Appeals-30), Mumbai (An IRS Officer of 1992 Batch) and five others including MD of a Group of Companies based at Mumbai; Accounts Officer of said private company; a Chartered Accountant; a Real Estate Trade Agent & his relative (private person) in an alleged bribery case.

Real Estate Act 2016: Governor to Exercise Powers for Union Territories

May 4, 2017 972 Views 0 comment Print

President hereby directs that the powers and the functions of the appropriate Government under the Real Estate (Regulation and Development) Act, 2016 (16 of 2016), other than the powers under section 82 and section 84

President assents Banking Regulation (Amendment) Ordinance, 2017 on NPA

May 4, 2017 1623 Views 0 comment Print

Banking Regulation (Amendment) Ordinance, 2017 enables the Union Government to authorize RBI to direct banking companies to resolve specific stressed assets (NPA)

Lieutenant Governor to exercise Power under Real Estate Act 2016 in Delhi

May 4, 2017 600 Views 0 comment Print

Powers of the appropriate Government under Real Estate (Regulation and Development) Act, 2016 (16 of 2016) shall, subject be exercised, in relation to Delhi, by the Lieutenant Governor thereof.

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