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Padma Vibhushan / Bhushan & Padma Shri awardees for 2017

January 26, 2017 2820 Views 0 comment Print

Padma Awards – one of highest civilian Awards of the country, are conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma Shri.

Modalities for disabled persons related to National Anthem

January 26, 2017 912 Views 0 comment Print

The Persons with Intellectual Disabilities will have behavioural problem like flapping of the hands, creaming, shouting, abnormal body movements, difficulty in performing practical task etc. The public is required to be sensitised so as to avoid any unwarranted incident against persons with intellectual disabilities and they are not being harassed.

Proposed IRDAI (Outsourcing of Activities by Indian Insurers) Regulations, 2017

January 26, 2017 1485 Views 0 comment Print

The Authority has issued an Exposure Draft along with Proposed Regulations on IRDAI (Outsourcing of Activities by Indian Insures) Regulations, 2016 on 16/8/2016 seeking comments from various stakeholders

GST: Approach for selection of Registrations for issuance of Provisional IDs

January 25, 2017 5804 Views 0 comment Print

Once the list of registrations in ST to be issued Provisional IDs is selected (including both Centralized and Non-Centralized), this would be checked with the list of registrations selected for Provisional IDs for CE. All ST registrations where the combination of ‘State’ and ‘PAN’ is same as that used in any of the CE registrations already selected would be removed from the list and would not be issued any Provisional ID.

No decision taken on levy of Banking Cash Transaction Tax

January 25, 2017 1542 Views 0 comment Print

The media has reported various aspects of the recommendations made by the Committee, including the recommendation relating to levy of Banking Cash Transaction Tax on transactions of Rs. 50,000/- and above. It is informed that the Government has not yet taken any final view on the recommendations of the Committee.

Companies (Incorporation) Amendment Rules, 2017

January 25, 2017 10494 Views 1 comment Print

The Certificate of Incorporation shall be issued by the Registrar in Form No.INC-1 1 and the Certificate of Incorporation shall mention permanent account number of the company where if it is issued by the Income-tax Department

Order No. 13 of 2017 – Promotion of officers in JCIT grade

January 25, 2017 4836 Views 0 comment Print

President is pleased to promote the following officers of Indian Revenue Service to officiate on regular basis In the grade of Joint Commissioner of Income Tax in the Pay Band 3 – Rs.15,600 – 39,100 + (7,600-Grade Pay) (pre-revised) with immediate effect:-

Determination of Place of Effective Management- Analysis of recent amendment

January 25, 2017 6477 Views 0 comment Print

A foreign company would be resident in India in any previous year if its POEM in that year is in India. There were no guidelines to determine POEM under Act. Hence, now CBDT has issued a circular No. 6 of 2017, dated 24.01.2017 under subject Guiding Principles for determination of Place of Effective Management (POEM) of a Company in this regard.

Govt notifies Debts Recovery Tribunals at Hyderabad & Visakhapatnam

January 25, 2017 10839 Views 0 comment Print

Central Government established the Debts Recovery Tribunal atVisakhapatnam in the State of Andhra Pradesh; And whereas, the Central Government has considered it necessary to establish one more Debts Recovery Tribunal at Hyderabad in the State of Telangana.

Sales Tax applicanbility on under construction flats at the time of Booking

January 25, 2017 1878 Views 0 comment Print

Whether sales tax attracted merely because the flats were booked by prospective buyers while the same were under construction? Whether K. Raheja and Larsen & Toubro & Ors. judgments universally applicable without regard to the facts and circumstances of the case?

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