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Guinea-Bissau in list of countries eligible for preferential tariff

August 23, 2016 812 Views 0 comment Print

Seeks to further amend Notification No. 96/2008-Customs dated 13.08.2008 so as to include Republic of Guinea-Bissau in the list of countries eligible for preferential tariff under the said notification.

Checklist for Post Annual General Meeting Work

August 23, 2016 31031 Views 3 comments Print

This Article contains Checklist for work to be done by a Company after its Annual General Meeting (AGM). The Same includes Filing of Annual ROC Forms i.e. ADT- 1, Form AOC 4, MGT-7, MGT-14, Compliance with SEBI Regulations, Compliance with Law related to dividend deceleration, Preparation of Minutes and submission of same with SEBI etc. […]

Appointment of Common Adjudicating Authority by DGRI

August 22, 2016 608 Views 0 comment Print

Director General, Revenue Intelligence, hereby appoints officers mentioned in column (5) of the Table below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers mentioned in column (4) of the said Table in respect of noticees mentioned in column (2) of the said Table for the purpose of adjudication of show cause notices mentioned in column (3) of the said Table

Promotion of 89 officers to the grade of JCIT – reg.

August 22, 2016 4055 Views 0 comment Print

The President is pleased to promote the following officers of Indian Revenue Service to officiate on regular basis in the grade of Joint Commissioner of income Tax in the Pay Band 3 – Rs.15,600 – 39,100 + (7,600-Grade Pay) (pre-revised) with immediate effect:-

Report on Development of Corporate Bond Market in India

August 22, 2016 1106 Views 0 comment Print

It has been well recognized that a well-developed corporate bond market complements a sound banking system in providing an alternative source of finance to the real sector for its long-term investment needs. An active corporate bond market also helps in the diversification of risks in the financial system

Govt invites suggestion on Manual for Procurement of Good

August 22, 2016 1199 Views 0 comment Print

The Manuals on Policies and Procedures for Purchase of Goods. Works and Consultancy were issued by this Department in 2006. These Manuals were prepared in conformity with the General Financial Rules, 2005 and contained broad generic Guidelines. To suit their local/specialized needs, Ministries / Departments were to supplement these manuals by issuing Detailed Operating Instructions;

Dr. Urjit R Patel appointed as New RBI Governor

August 22, 2016 1811 Views 0 comment Print

Dr. Urjit R Patel has been appointed as the New Governor of Reserve Bank of India (RBI) for a period of three years with effect from 4th September, 2016. He will replace the present RBI Governor Dr. Raghuram Rajan. Dr Patel is presently the Deputy Governor of RBI and is holding this assignment since 2013.

Provisional Assessment U/s. 18 of Customs Act, 1962-Guidelines

August 22, 2016 19223 Views 0 comment Print

The Customs (Provisional Duty Assessment) Regulations 2011 issued under notification no. 81/2011 – Customs (NT) dated 25.11.2011 were reviewed in view of references from the field formations regarding guidelines on the implementation of Regulation 2(2) and Regulation 4.

Income Tax Business Application Module for Hospital and ITP approvals

August 22, 2016 4742 Views 0 comment Print

This is in reference to the subject mentioned above. The functionality for approval of hospital u/sec 17(2) of the IT Act and for registration of Tax Practitioner will be available in Administration module of ITBA w.e.f. 22.08.2016.

Procedure for empanelment of retired officers as Inquiry Officers

August 22, 2016 2963 Views 0 comment Print

The undersigned is directed to state that as per O.M. dated 07/01/2016 received from DOP &T circulated vide F.No. 142/40/2015-AVD.1 a panel of retired officers from the Ministry/ Departments under Govt. of India and PSUs is to be created

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