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Launch of Income Tax Business Application- TPO Proceedings Module

January 9, 2017 11206 Views 0 comment Print

Training material including user manual, help content and FAQs are available on the TPO Proceedings Module Home Page and on ITBA Portal In Online Training on ITBA.

DGFT corrects reference of table number appearing in SION & Foot Note

January 9, 2017 1438 Views 0 comment Print

The Engineering Table references have been corrected in SION C 172, C244, C248, C270, C271, C272, C472, C473, C1834, C1835, C1836, C1855, C1856, C1939, C1983, C1984, C2034, C2035, C2036 and C2037 and amendment in foot notes have been notified as per Para 2 above.

Bank to obtain and link PAN or Form No. 60

January 9, 2017 5233 Views 0 comment Print

Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017.

Major Achievements of CBDT in Current Financial Year 2016-17

January 9, 2017 3895 Views 0 comment Print

Major Achievements of CBDT in Current Financial Year 2016-17 so far include among others Enactment of The Benami Transactions (Prohibition) Amendment Act, 2016, Implementation of The Direct Tax Dispute Resolution Scheme, 2016 and of GAAR from Assessment Year 2018-19;

Demonetisation – A look back at the last two months

January 9, 2017 9640 Views 4 comments Print

In this Article Hon’ble Finance minister Shri. Arun Jaitley analysed the rationale behind the Demonetisation decision and its impact.

Report of Implementation Group on Ind AS in Insurance Sector in India

January 9, 2017 1744 Views 0 comment Print

The need for uniform reporting of financial statements of business entities is an off shoot of globalization. India, being an important player, in the evolving world economy, needs to respond to international trends. With several businesses operating across borders and reaching international capital markets, there is a need for establishing globally recognised standards and uniformity in reporting and analysis of information.

How to Generate Jeevan Pramaan / Digital Life Certificate

January 9, 2017 11893 Views 3 comments Print

Launched by Hon. PM Shri. Narendra Modi ji, on 10th Nov 2014, Digital Life Certificate for Pensioners Scheme of the Government of India, known as the Jeevan Pramaan

National Policy on Narcotic Drugs and Psychotropic Substances

January 9, 2017 3781 Views 0 comment Print

Narcotic Drugs and Psychotropic Substances have several medical and scientific uses. However, they can be and are also abused and trafficked. Indias approach towards Narcotic Drugs and Psychotropic Substances is enshrined in Article 47 of the Constitution of India

How Central Excise / Service Tax Assessees can Migrate to GST

January 7, 2017 36013 Views 9 comments Print

All existing Central Excise and Service Tax assessees will be migrated to GST starting 7th January 2017. To migrate to GST, assessees would be provided a Provisional ID and Password by CBEC.

Jeevan Pramaan. Digital Life Certificate for Pensioners & FAQs

January 7, 2017 12931 Views 6 comments Print

Jeevan Pramaan is a biometric enabled digital service for pensioners. Pensioners of Central Government, State Government or any other Government organization can take benefit of this facility.

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