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CBDT directs officials to not to disclose info received under IDS,2016

July 6, 2016 2071 Views 0 comment Print

Central Government having regard to all the relevant factors, hereby directs that no public servant shall produce before any person or authority any such document or record or any information or computerised data or part thereof as comes into his possession during the discharge of official duties in respect of a valid declaration made under ‘the Income Declaration Scheme, 2016’, contained in Chapter IX of the Finance Act, 2016 (28 of 2016).

How healthy your personal finance management is?

July 6, 2016 3409 Views 0 comment Print

Like how we take care of our physical health through periodic check-ups, inspecting the financial health from time to time is very important. We tend to look at what we eat, how we keep our lifestyle in order to have a healthy life.

Startup India-The Status Report

July 6, 2016 2137 Views 0 comment Print

STARTUP INDIA HUB Startup India Hub was operationalised on 1st April 2016 to resolve queries and provide handholding support to Startups. The hub has been able to resolve 12,290 queries received from Startups through telephone, email and Twitter. To seek clarifications pertaining to Certificate of Recognition as a “Startup”, Certificate of Eligibility to avail tax […]

Duty exemption to sugar exported under Advance Authorization Scheme

July 6, 2016 1531 Views 0 comment Print

(a) Exports are effected in proportion to the import of raw sugar against the said Advance Authorization; (b) Advance Authorization holder has not got the said Authorization invalidated;

Sale of goods at Duty Free Shops in Indian Currency

July 6, 2016 1792 Views 0 comment Print

Representations have also been received from travelers that duty free shops neither display prices in Indian Rupees nor display India made goods at duty free shops, which depreciates the visibility of Indian manufactured products and Indian currency.

Amendment in SION of Product Group`Chemical & Allied Products’

July 6, 2016 820 Views 0 comment Print

The standard Input Output Norms (SION) for export product under S No. A 1875 has been reviewed. There is change in the description of the Export and Import items.

Reg. exemption to goods manufactured at construction site

July 6, 2016 1885 Views 0 comment Print

Representations have been received from the trade regarding difficulties being faced in availing of benefit of exemption applicable to goods manufactured at the site of construction for use in construction work at such site vide S. No. 186 of Notification No. 12/2012-Central Excise, dated 17.03.2012, as amended.

Rate of exchange of foreign currency conversion WEF 07.07.2016

July 6, 2016 1678 Views 0 comment Print

CBEC rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, shall, with effect from 07th July, 2016, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

Secretarial Audit- An Approach!!!! (Under Companies Act, 2013)

July 6, 2016 5317 Views 0 comment Print

Earlier Under Companies Act, 1956, Secretarial Audit was not mandatory for the Companies, but with the enactment of Companies Act, 2013, Secretarial Audit is mandatory for certain companies under Section 204 of Companies Act, 2013.

List of Cabinet Ministers of Modi Government with Portfolio

July 5, 2016 5134 Views 0 comment Print

The President of India, as advised by the Prime Minister, has directed the allocation of portfolios among the following members of the Union Council of Ministers:-

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