Certain unauthorised sites/organisations/NGOs/individuals are distributing forms in the name of cash incentive under Beti Bachao Beti Padhao Scheme. The scheme has no provision for individual CASH TRANSFER COMPONENT by Government of India.
For the upcoming Union Budget, banks expect the government to boost consumption demand and investment, by way of reduction in corporate as well as personal income tax, and by providing additional deductions under sec 80C and interest on home loans.
In order to ensure that the project Operation Clean Money is given sufficient publicity and wide newspaper & audio-visual media coverage in the regional languages, it is desirable that the Principal Chief Commissioners of Income Tax co-ordinate the coverage in their respective regional languages with the PIB offices at local level.
As per the said notification members or pensioners of the Employees Pension Scheme 1995 desirous of continuing the benefit of the said scheme are required to furnish proof of the possession Aadhaar Number or required to make an application for Aadhaar Number enrollment by 31′ January 2.13l 7
Apex industry body ASSOCHAM has suggested the Union Government to link the India business process outsourcing promotion scheme (IBPS) with direct tax benefit.
India is committed to implement Goods and Service Tax (GST). GST is expected to be implemented from April 2017 or a little later. The tax system is currently in the drafting stages with a few undecided issues holding up the agreement between the states and the Centre.
Dun & Bradstreet Composite Optimism Index for Q1 2017 declined most in six quarters on a q-o-q basis. The Composite CFO Optimism Index declined by around 8.0% on a q-o-q basis
Limits placed vide the circulars cited above on cash withdrawals from Current accounts/ Cash credit accounts/ Overdraft accounts stand withdrawn with immediate effect.
It has been observed that banks are little apprehensive on approving loan for under construction property in comparison to resale or launched properties. The bank requires thorough documentation of the under construction property stating property validity, completion dates, no objection certificate from the concerned departments, and the like.
You may be aware that the present fee of Rs.5500/- for General Management and Communication Skills Course was fixed way back in 2013 and has not undergone any revision during the last four years.
