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Notification No. 23/2017-Customs (N.T.), Dated: 31.03.2017

March 31, 2017 3015 Views 0 comment Print

Tariff Notification No. 23/2017-Customs (N.T.), Dated: 31.03.2017 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver.

Tariff concessions on goods import under IJCEPA w.e.f. 1st April, 2017

March 31, 2017 2772 Views 0 comment Print

Seeks to amend Notification No. 69/2011-Customs, dated 29th July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported under the India-Japan Comprehensive Economic Partnership Agreement (IJCEPA), w.e.f. 1st of April, 2017.

Information to be submitted as part of Annual Actuarial Valuation & related reports submission

March 31, 2017 1524 Views 0 comment Print

This circular stipulates the minimum information required to be submitted in respect of annual statutory valuation. Based on analysis of information received as per this circular, the Authority may call for further information if deemed necessary.

Panel of Actuaries for General / Health / Life Insurance

March 31, 2017 1209 Views 0 comment Print

The responses received were scrutinised and after due diligence a panel of actuaries is finalised separately in respect of Life Insurance and General Insurance for a period of 3 years from 1-4-2017 to 31-03-2020.

IRDA: Report on Persistency rate and Renewal rate

March 31, 2017 3213 Views 0 comment Print

In response to requests received from many of the life insurance companies, the captioned circular has been reviewed by the Authority. It is has been decided to delink the submission of the above report along with the Appointed Actuarys Annual report.

Govt notifies applicability of Maternity Benefit (Amendment) Act, 2017

March 31, 2017 1098 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 1 of the Maternity Benefit (Amendment) Act, 2017 ( 6 of 2017), the Central Government hereby appoints—(i) the 1st day of April, 2017 as the date on which the provisions of the said Act, except sub-section (5) of section 3: and

PMGKY related issues: Mismanagement in handling & Issue of Guidelines

March 31, 2017 1539 Views 0 comment Print

We would like to bring to your kind attention, the pressure under which the Assessing Officers are forced to discharge their duties presently. The situation has turned from bad to worse with last minute dissemination of information by the Investigation Wing

More Indians want ‘big picture’ tax policymaking, according to global survey from IFAC, ACCA and CA ANZ

March 31, 2017 981 Views 0 comment Print

The report reveals that nearly 70 per cent of Indians believe that multinationals are paying reasonable amounts of tax and that it is appropriate to offer tax incentives to attract overseas investment. In contrast, across the G20, only 52 per cent of respondents are likely to have trust in multinationals’ tax arrangements, and just 49 per cent think that tax incentives should be offered.

Section 10(46) CBDT Notifies Science and Engineering Research Board

March 31, 2017 594 Views 0 comment Print

In exercise of powers conferred by section 10(46) of Income-tax Act, 1961 (43 of 1961),Central Government hereby notifies Science and Engineering Research Board, a board constituted by Central Government, in respect of the following specified income arising to that Board, namely:—

Sec. 10(46) CBDT notifies Madhya Pradesh Electricity Regulatory Commission

March 31, 2017 516 Views 0 comment Print

In exercise of powers conferred by section 10(46) of Income-tax Act, 1961 Central Government hereby notifies Madhya Pradesh Electricity Regulatory Commission,

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