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Employees’ Enrolment Campaign, 2017 from 01.01.2017 to 31.03.2017

January 17, 2017 1858 Views 0 comment Print

This is regarding Employees’ Enrolment Campaign, 2017 during period 01.01.2017 to 31.03.2017, in order to extend social security benefits to all eligible workers in country.

IDS 2016 not invalid if tax payment made before due date but credited late

January 16, 2017 3439 Views 0 comment Print

IDS 2016 deceleration will not be invalid in cases where payment has been made through cheque, RTGS, electronic transfer etc. on or before date of 30th November, 2016, but the same has been credited by banks after due date of 30th November, 2016, but on or before the 05th December, 2016.

New Cash Withdrawal limits- Rs. 10K for ATMs & 100K for Current A/c

January 16, 2017 21139 Views 0 comment Print

Limit on withdrawals from ATMs enhanced to Rs.10,000/- per day per card and on withdrawal from current accounts has been enhanced to Rs.1 ,00,000/- per week.

SC admits SLP on levy of Late TDS / TCS return Filing Fees U/s. 234E

January 16, 2017 10147 Views 1 comment Print

Against Bombay High Court order in case of Rashmikant Kundalia and another Vs UOI in Section 234E matter Supreme Court admits the SLP filed with it.

Barkha Dutt quits NDTV

January 16, 2017 6100 Views 0 comment Print

NDTV Statement On Barkha Dutt In 1995, Barkha Dutt joined NDTV straight out of college, and now, after 21 wonderful years together, Barkha has requested that she would like to explore some new opportunities, pursue other interests and work on her own ventures. In all her years with NDTV, she has been hugely productive and […]

Salient features of the Adoption Regulations, 2017

January 16, 2017 3796 Views 0 comment Print

Adoption Regulations have been framed keeping in mind the issues and challenges faced by CARA and other stake holders including the Adoption Agencies & Prospective Adoptive Parents (PAPs).

‘SEZ India’ app launched by Commerce Ministry

January 16, 2017 1525 Views 0 comment Print

A Mobile app named “SEZ India” has been launched by the Commerce Secretary on 06.1.2017. App would help SEZ Units and Developers to find information easily and track their transactions on SEZ Online System.

Relaxed conditions for Import of PoS terminal devices & related items

January 16, 2017 2215 Views 0 comment Print

Special permission for import of batteries and cells coming along (fitted) with the BIS registered PoS terminals if the said cells /batteries are either registered with BIS as per IS 16046 or are certified as per the International standard IEC 62133: 2012. Spares shall not be allowed under this relaxation.

Submission of Life Certificate for Pensioners extended to 28.02.2017

January 16, 2017 1705 Views 1 comment Print

The date of submission of life certificate by pensioners under Employees’ Pension Scheme 1995 was extended upto 15.01.2017 vide Head Office letter no.Pension- 1/17( 1)2016/jeevan Praman / 22 750 dated 28.11.2016.

Capital Gain on Penny Stocks cannot be bogus if Paper work is in order

January 15, 2017 12571 Views 0 comment Print

This article deal with the issue of Long Term Capital Gain on Sale of Small Company Shares or on Penny Stocks. Article is based on ITAT Kolkata order in the case of Surya Prakash Toshniwal VS. ITO in which it held that Long-term capital gains claimed exempt u/s 10(38) cannot be treated as bogus unexplained […]

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