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Lok Sabha passes bill for cessation of RBI’s /CGs liabilities on Specified bank notes

February 7, 2017 867 Views 0 comment Print

Following persons holding specified bank notes on or before the 8th day of November, 2016 shall be entitled to tender within grace period with such declarations or statements, at such offices of the Reserve Bank or in such other manner as may be specified by it, namely:—

Amendment to Pradhan Mantri Garib Kalyan Deposit Scheme

February 7, 2017 879 Views 0 comment Print

Pradhan Mantri Garib Kalyan Deposit Scheme notified vide Notification No. S.O.4061 (E). dated December 16, 2016 and amendment vide Notification No. S.O. 204(E) dated January 19, 2017.

No Bogus capital gains if assessee furnishes documentary proof & proves identity of purchasers

February 7, 2017 2280 Views 0 comment Print

Appellant has adduced documentary evidences in support of transaction in question. Identity of purchasers of shares was established as it was borne on record of Income Tax Department.

Modification to Guidelines on Point of Sales Person– Life Insurance

February 7, 2017 1842 Views 0 comment Print

Based on the feedback of the Insurers and taking into account the practical ease for Insurer / intermediaries, the competent Authority has decided to dispense with the condition of training from and passing of the NIELIT examination and has amended the requisite procedure / qualification for being a POS Person as follows

Anti-dumping duty on Cold Rolled Flat Products of alloy or non-alloy steel

February 7, 2017 657 Views 0 comment Print

Seeks to extend the levy of anti-dumping duty, imposed on Cold Rolled Flat Products of alloy or non-alloy steel originating in or exported from China PR, Japan, Korea RP and Ukraine

How Will Home Loan EMIs Change After Demonetization

February 7, 2017 7281 Views 1 comment Print

We’ve all probably dreamt of a dream home at some point in our lives. If youre a step ahead, youve probably seen some of the best Home Loan plans available to you, and considered a few. You might even have applied for a mortgage and thoroughly looked through the Home Loan interest rates, before finalizing on one.

Budget 2017: Analysis of proposed amendment in section 56(2)

February 7, 2017 45012 Views 1 comment Print

Central Government has proposed several other amendments to the Income Tax Act which are in form of anti abuse amendments. One such important amendment is proposed in Sec 56(2) of the Act.

Appointment of CA Firms for accounts related works with GWRDC Ltd

February 7, 2017 3588 Views 1 comment Print

Appointment of The Firms Of Chartered Accountants For The Different Accounts Works Of The GWRDC Ltd For The Year 2016-2017. Last Date : Feb 28, 2017

Empanelment of Internal auditors with SJVN Limited

February 7, 2017 3333 Views 0 comment Print

SJVN Limited invites expression of interest for appointment/empanelment of Chartered Accountant / Cost Accountant Firms for Internal Audit of the functions and activities of the company.

The Economic Vision for Precocious, Cleavaged India

February 7, 2017 1299 Views 0 comment Print

Since about 1980, India’s growth performance has been robust, especially for a democracy. This has been backed up by policy reforms that have made India more open to flows of goods and capital and have reduced the size of the public sector, both in micro-efficiency and macro-fiscal terms.

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