"25 May 2017" Archive

Procedure to be followed to deal with resignation of ISPs of IMFs

Circular No. IRDA/INT/CIR/IMF/122/05/2017 25/05/2017

Procedure to be followed to deal with resignation of Insurance Sales Persons (ISPs) of Insurance Marketing Firms (IMFs). On receipt of resignation letter from an ISP, the IMF has to forward the same along with the copy of its registration certificate either to the Life Insurance Council or General Insurance Council as per the above alloc...

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RBI advisory to banks on Submission of SFT

RBI/2016-17/309 IDMD.CDD.No.3031/13.01.299/2016-17 25/05/2017

RBI Advisory on Submission of Annual Information Return now known as Statement of Financial Transaction (SFT) relating to issue of Bonds for ₹ 5 lakh or more under Section 285 BA of Income Tax Act, 1961- ...

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ICAI notifies Revised Scheme of Education and Training

Notification No.1-CA(7)/178/2016 25/05/2017

ICAI notified Chartered Accountants (Amendments) Regulations, 2017 regarding New Scheme of Education and Training by amending Chartered Accountants Regulations, 1988....

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Issue of Pre-paid Payment Instruments by Co-operative Banks

RBI/2016-17/311 DCBR.CO.LS.(PCB/RCB).Cir.No.5/07.01.000/2016-17 25/05/2017

It has now been decided to permit all licenced co-operative banks having their own ATM network to issue semi-closed PPIs, provided there are no restrictions on acceptance or repayment of deposits. This is subject to the compliance with eligibility criteria and other guidelines as prescribed by Department of Payment and Settlement Systems ...

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Reforms done by the Ministry of Communications in last three years

Shri Manoj Sinha brief about the initiatives and reforms done by the Ministry of Communications in last three years India becomes second largest network in the world with crossing the landmark of one billion telephone subscribers: Shri Manoj Sinha Total broadband connection till March 2017 crosses 276.52 million: Shri Sinha Mega spectrum ...

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Posted Under: Corporate Law |

Govt notifies rule for Printing of One Rupee Currency Notes

G.S.R. 516(E) 25/05/2017

The One Rupee Currency Notes shall be printed at the note printing presses for issue under the authority of the Government of India for circulation. The standard paper weight and remedy (tolerance) allowed in printing of One Rupee Currency Notes shall be as specified in the Third Schedule....

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Raising Happy Children And Providing Safe Childhoods

Every child has the inherent potential to grow up and achieve his or her full potential and contribute positively towards the growth of nation and society. The Constitution of India grants children the highest priority for their protection and well being....

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Posted Under: Corporate Law |

Committee to recommend measures for expeditious recovery of arrears of taxes.

F. No. 385/20/2017-IT(B) 25/05/2017

A Committee of the following officers is hereby constituted to study the nature and extent of arrears of direct taxes and to suggest measures for expeditious recovery of the outstanding dues:...

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Simplified Approach to GST – Online Certification Course Jointly by GST Professionals & Taxguru.in

GST at your doorstep; are you ready to open the door? Join most Intensive Online Certification Course on GST organised jointly by GST Professionals and TaxGuru.in across India to give a simplified and comprehensive understanding of the GST law. Just 2 classes a week on weekends, 2.5 hrs each for 2 months, 40 hrs detailed […]...

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Posted Under: Corporate Law |

GST Enrollment to re-open on 1st June, 2017

All Central Excise & Service Tax Assessees Who are yet to enroll In GST, can do it now. Enrollment re-opens for limited period on 1st June, 2017 Please enroll in GST immediately Duty/ Tax credits under existing laws cannot be carried forward in GST unless you enroll, In GST Portal (www.gst.gov.in) TO enroll, please use […]...

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Posted Under: Corporate Law |

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