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7 top priorities of CBDT Chairman/ Income Tax Department

November 1, 2016 3337 Views 4 comments Print

These priorities are as under: 1. Maximising revenue collection 2. Delivering quality tax payer services 3. Promoting digital tax administration and transparency 4. Widening of tax base

Govt notifies more Sections under Bankruptcy Code

November 1, 2016 901 Views 0 comment Print

S.O. 3355(E). Central Government hereby appoints the 1st November, 2016 as the date on which some provisions of Insolvency and Bankruptcy Code, 2016 shall come into force

Circular on Enhanced Standards for Credit Rating Agencies

November 1, 2016 1981 Views 0 comment Print

Circular covers following- 1. Formulation of Rating Criteria and rating processes and public disclosure of the same.2. Accountability of Rating Analysts

Exit Order In Respect Of Bombay Commodity Exchange Limited

November 1, 2016 550 Views 0 comment Print

Whole Time Member, SEBI has passed an Order on Oct 28, 2016 providing the exit to Bombay Commodity Exchange Limited (BCEL). BCEL is the first commodity derivatives exchange / deemed stock exchange to exit after merger of Forward Markets Commission with SEBI.

Appointment of Audit firms for conducting Internal Audit of NBCFDC

November 1, 2016 5278 Views 1 comment Print

EOI for Appointment of Audit firms for conducting Internal Audit of NBCFDC for the Financial Year 2016-17. Last date of Submission- 14.11.2016.

ICAI President’s Message – November 2016

November 1, 2016 2530 Views 0 comment Print

Government has recently decided to carry out three kinds of changes in the Union Budget-to advance its presentation by 27 days, to do away with a separate railway budget and to dispense with the Plan and Non-Plan dichotomy in expenditure.

EPFO to facilitate payment of PF & Pension on retirement date

November 1, 2016 4975 Views 0 comment Print

It has been decided that PF and pension payments to members or EPF Scheme 1952 and EPS 1995 are made on the date of retirement Itself

India shortlists international law firms to represent in arbitration

October 31, 2016 1630 Views 0 comment Print

12 International law firms have been shortlisted to represent Government of India in arbitrations/disputes under Bilateral Investment Treaties and/or investment chapters of Free Trade Agreement/Comprehensive Economic Partnership Agreements/Comprehensive Economic Cooperation Agreements

All Industry Rates of Drawback & related changes -reg

October 31, 2016 2923 Views 0 comment Print

(a) AIRs have been provided to certain worked articles under chapters 45, 46 and 68; (b) Certain products, earlier with all customs AIRs, have been provided composite rates. These include rubber parts (for automobile or other machinery) of chapter 40 and children’s picture, drawing/colouring books, etc. of chapter 49;

Notification No. 133/2016-Customs (NT), Dated: October 31, 2016

October 31, 2016 2128 Views 0 comment Print

Notification No. 133/2016-Customs (NT) CBEC, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of GOI

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