As announced in the Union Budget 2016-17, it has now been decided to expand the investment basket of eligible instruments for investment by FPIs under the corporate bond route to include the following:
The list under Rule 114B as on date requiring PAN to be quoted includes the following banking transactions : a. Deposit with a banking company or a co-operative bank in cash exceeding fifty thousand rupees during any one day.
Out of 10475 eligible companies, 7334 have reported as of 31st January 2016. Out of these reporting companies only 3139 have done some expenditure on CSR.
These measures include: • Increase in number of ATM machines from 2 numbers to 14 numbers (including Mobile ATM)• Tie-up with State Bank of India and AXIS Bank to provide sufficient number of swipe machines (POS) to exhibitors to facilitate the payment transactions by visitors through debit/credit cards.
Bilateral Competent Authority Mutual Agreement Procedure (MAP) / Advance Pricing Agreement (APA) meeting between India and USA was held in Washington DC, USA during the last week of October, 2016.
Government is ready for open debate on every issue and we hope that it will create a conducive atmosphere for significant and fruitful decisions.
The free of cost helpline 1947 will be available 24×7 throughout the year on IVRS mode, while Call-Centre agents will be available from 7 am to 11 pm (Monday to Saturday). On Sundays, agents will answer calls from 8 am to 5 pm. On an average the helpline number handles about 1.5 lakh calls per day.
Oriental Insurance Company Ltd. propose to select a Chartered Accountant Audit Firm of repute for conducting Concurrent Audit of Investment Operations of the Company.
It has been decided to call for Financial Documents of the applicants for Multipurpose Empanelment, for the year 2016-17. The above MEF has been selected as one of those to submit the Financial Documents in connection with the subject empanelment.
Terrorism and ugly politics, funded by black money, are a cancer for India and PM Narendra Modi is the only Doctor who can cure it.
