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Get rewarded for staying fit!

April 21, 2017 1824 Views 0 comment Print

Health insurance, in general, is meant to protect your finances during any medical emergency. However, Aditya Birla Health Insurance Company Limited (ABHICL) has added a new dimension to health insurance. The company now offers rewards for staying fit by means of incentives up to 30% on the insurance premium in the form HealthReturnsTM. One could […]

Date for filing PMGKY declaration extended upto 10th May, 2017

April 21, 2017 1248 Views 0 comment Print

CBDT vide Circular No.14 of 2017 dated 21st April, 2017 has extended the date of filing of declaration under PMGKY to 10th May, 2017 in cases where tax, surcharge and penalty under PMGKY has been paid on or before the 31st March, 2017,

PF members allowed to withdraw for housing needs

April 21, 2017 24750 Views 1 comment Print

Give wide publicity to the above notification amongst employers and members of Provident Fund through media, e-mails, seminars, workshops etc. Awareness about the new provision should be created, especially through employers’ associations and workers’ unions so that eligible and willing members can avail withdrawal and loan repayment facilities.

Guidelines on Charging of Service Charges by Hotels / Restaurants

April 21, 2017 21567 Views 2 comments Print

A component of service is inherent in provision of food and beverages ordered by a customer. Pricing of the product therefore is expected to cover both the goods and service components.

Custom Duty Exemption on supply under Patient Assistance Programme

April 20, 2017 3207 Views 0 comment Print

Notification No. 16/2017-Customs Seeks to exempt goods falling under chapter 30 of first schedule of Customs tariff Act 1975, for supply under Patient Assistance Programme run by specified pharmaceutical companies

Part Time Chief Financial Officer (CFO) in Bangalore, India

April 20, 2017 2958 Views 0 comment Print

For past, few years there has been a lot of buzz on Part-time CFO’s in, Bangalore the silicon valley of India. Financial consultants like us have been getting more and more call to refer a part time CFO in various small to mid-sized organisations.

All about Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016

April 20, 2017 7876 Views 3 comments Print

The Government of India has vide the notification no. S.O. 4061 (E) dated December 16, 2016 announced the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). This Scheme shall be applicable to every declarant under the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016.

IBBI Draft regulations for Fast Track Resolution process for Eligible Corporate Persons

April 20, 2017 1044 Views 0 comment Print

IBBI invites public comments on Draft regulations for Fast Track Resolution process for Eligible Corporate Persons The Ministry of Corporate Affairs had set up four Working Groups to facilitate implementation of the Insolvency and Bankruptcy Code, 2016. The Working Group 3 had a mandate to deliberate and submit its recommendations on rules and regulations and […]

Rate of exchange of conversion of foreign currency wef 21.04.2017

April 20, 2017 1065 Views 0 comment Print

Rate of exchange of conversion of the foreign currency with effect from 21st April, 2017 as notified by Notification No. 40/2017 – Customs (N.T.) dated- 20th April, 2017

IRDA (Outsourcing of Activities by Indian Insurers) Regulations, 2017

April 20, 2017 26922 Views 0 comment Print

(i) These Regulations may be called IRDAI (Outsourcing of Activities by Indian Insurers) Regulations, 2017. (ii) They shall come into force from the date of their publication in the Official Gazette of the Government of India

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