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ICAI Election: Difficulty In Exercising Option to Get Polling Booth Re-Allotted

November 9, 2021 456 Views 0 comment Print

Members may kindly refer to the Announcement dated 14th October 2021 vide which the procedure to exercise option to get polling booth re-allotted was specified in pursuance to Rule 5 and sub-rule 2 of Rule 6 of the Chartered Accountants (Election to the Council) Rules, 2006. The said Announcement is hosted on www.icai.org Of late, […]

ICAI Election: Single Transferable Vote – An apprisal

November 9, 2021 516 Views 0 comment Print

ICAI Election 2021 Single Transferable Vote – An apprisal As the members are aware that the elections of the Institute to the Council and Regional Councils are held by following the system of proportional representation by means of a single transferable vote and in accordance with the Chartered Accountants (Election to the Council) Rules, 2006 […]

IRDAI cautions SLA to engage only licensed Surveyor for survey works

November 9, 2021 1779 Views 0 comment Print

The findings indicate that for certain cases, the Licensed surveyors have not been utilised for survey work and on this the SLA submitted that these cases were of  inspection and verification of the documents and there was no assessment of losses involved. In view of the explanation given , the SLA is cautioned that they should engage only licensed Surveyor for survey works and maintain proper records regarding the same.

Coach Work for EMU/MEMU trains of Railway falls under Chapter 86.07 of GST Tariff

November 8, 2021 1416 Views 0 comment Print

In re Prag Polymers (GST AAR Uttar Pradesh) Ques- ‘Classification of Coach Work like DRIVER CAB AIR CONDITIONER UNIT for EMU/MEMU trains of Railway Rolling Stock’. Ans- The  ‘Classification of DRIVER CAB AIR CONDITIONER UNIT for EMU/MEMU trains’ manufactured as per the specific design and layout provided by the Railways and supplied to the Indian […]

EPFO extends Atal Beemit Vyakti Kalyan Yojana till 30.06.2022

November 8, 2021 915 Views 0 comment Print

Employees’ State Insurance Corporation hereby notifies its decision to extend Atal Beemit Vyakti Kalyan Yojana for a period 01.07.2021 to 30.06.2022 with enhanced rate of relief and relaxed eligibility conditions as notified in the Gazette of India, (Extraordinary), Part III – Section – 4 (Sl. No. 436) dated 16.10.2020. and Sl. No. 15 dated 11.01.2021.

‘De Beers’ allowed to import diamonds for certification/ grading & re-exports

November 8, 2021 594 Views 0 comment Print

Para 4.42(3) of FTP 2015-20 stands amended to modify the name of the agency permitted to import diamonds to its laboratory for the purpose of certification/ grading & re-exports. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan ***** Notification No. 42/2015-2020-DGFT New Delhi, Dated 08 November 2021 […]

Promotion of 188 officers in the grade of JCIT

November 8, 2021 3639 Views 0 comment Print

Office Order No. 306 of 2021 – Promotion of officers on regular basis in the grade of Joint Commissioner of Income Tax (JCIT) F. No.A-32012/1/2021-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi. The 08th November, 2021. OFFICE ORDER NO. 306 OF 2021 The president […]

Promotion of 67 officers to the grade of CIT on in-situ basis 

November 8, 2021 5439 Views 0 comment Print

Office Order No. 304 of 2021 – Promotion of officers to the grade of Commissioner of Income Tax (CIT) on in-situ basis F. No. A-32011/2/2021-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi, The 08th November. 2021. Office Order No. 304 of 2021 Consequent upon […]

Clarifications with respect to Post Office Saving Bank Operations

November 5, 2021 4422 Views 0 comment Print

The procedure for issue of fresh passbook in lieu of old / used up passbook is prescribed in Rule 44 of POSB CBS Manual. But there is no clarity whether the fresh passbook of account standing in CBS Post Offices (P0) can be issued by any other CBS PO.

Income Tax Dept searches leading construction groups of Karnataka

November 3, 2021 546 Views 0 comment Print

Income Tax Department carried out search and seizure operations on one of the leading groups of Karnataka, engaged in the civil construction of roads and irrigation projects, on 28.10.2021 at various premises located in North Karnataka.

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