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EVC for e-filed Form 35 of Appeal to Commissioner (Appeals)

April 6, 2016 6076 Views 0 comment Print

The manner of furnishing the new Form No. 35 has been prescribed by sub-rule (2) of rule 45. Sub-rule (5) of rule 45 empowers the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) to (i) specify the procedure for electronic filing of Form No. 35 and documents;

All about ‘end-to-end encryption’ Feature of WhatsApp

April 6, 2016 10258 Views 0 comment Print

Privacy and Security WhatsApp  help you stay in touch with friends, share vital information during natural disasters, reconnect with separated families, or seek a better life. Some of your most personal moments are shared with WhatsApp, which is why WhatsApp  built end-to-end encryption into the latest versions of their app. When end-to-end encrypted, your messages, […]

New instructions for preparation of B/S & P/L of a Company

April 6, 2016 62476 Views 3 comments Print

Every company to which Indian Accounting Standards apply, shall prepare its financial statements in accordance with this Schedule or with such modification as may be required under certain circumstances.

All about Panama Papers with OECD Statement & FAQs

April 6, 2016 21544 Views 2 comments Print

The Panama Papers are a leaked set of 11.5 million confidential documents that provide detailed information about more than 214,000 offshore companies listed by the Panamanian corporate service provider Mossack Fonseca, including the identities of shareholders and directors of the companies. The documents show how wealthy public officials hide their money and identify current government leaders […]

Download latest ER1 and ER3 offline utility

April 6, 2016 6313 Views 0 comment Print

In case of any difficulty with the normal download utilities, Assessees can also download the latest ER1 and ER3 offline utility from the site centralexcisechennai.gov.in or by clicking on the following link AUTOMATION OF CENTRAL EXCISE AND SERVICE TAX Download Utilities Download ER1 Return Excel Utility  Updated as on 05-04-2016 Download ER3 Return Excel Utility […]

RBI Changes Bank Rate to 7% with effect from April 05, 2016

April 5, 2016 2308 Views 1 comment Print

As announced in the First Bi-Monthly Monetary Policy Statement 2016-17 dated April 05, 2016, the Bank Rate stands adjusted by 75 basis points from 7.75 per cent to 7.0 per cent with effect from April 05, 2016.

RBI reduces minimum daily maintenance of Cash Reserve Ratio requirement to 90 per cent

April 5, 2016 1516 Views 0 comment Print

As announced in the First Bi-Monthly Monetary Policy Statement 2016-17 dated April 5, 2016, it has been decided to reduce the minimum daily maintenance of the Cash Reserve Ratio from 95 per cent of the requirement to 90 per cent effective from the fortnight beginning April 16, 2016.

RBI First Bi-monthly Monetary Policy Statement, 2016-17

April 5, 2016 2671 Views 0 comment Print

On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.75 per cent to 6.5 per cent; reduce the minimum daily maintenance of the cash reserve ratio (CRR) from 95 per cent of the requirement to 90 per cent with effect from the fortnight beginning April 16, 2016, while keeping the CRR unchanged at 4.0 per cent of net demand and time liabilities (NDTL);

EOI for appointment of Internal Auditors with BSNL Ltd.

April 5, 2016 6820 Views 0 comment Print

INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR APPOINTMENT OF INTERNAL AUDITORS

Govt committed to detect and prevent generation of black money

April 4, 2016 1672 Views 0 comment Print

In response to information received in 2011 from Government of France, relating to the bank accounts of 628 Indian persons in HSBC, Switzerland, a lot of progress has been made in the investigation by the Department. Out of the list, 569 persons have been traced. However, in the information received, details of HSBC amount were shown against 339 persons only. Out of 628, 214 were found not actionable on account of no balance or being non-residents or being non-traceable. O

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