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Parallel Processing of Exit & Annuity components for the benefit of NPS Subscribers

November 14, 2022 954 Views 0 comment Print

PFRDA provides digitally enabled exit solutions for its Subscribers through Aadhaar / Two Factor Authentication (2FA). Under NPS, the Subscribers at the time of exit can avail of a defined amount as a lump sum and the balance amount has to be utilized for the purchase of immediate Annuity from the empanelled Annuity Service Providers (ASP)

Customs Exchange rate for Import & Export wef 15.11.2022 of Korean Won

November 14, 2022 957 Views 0 comment Print

CBIC notifies Customs Exchange rate of Korean Won for Import & Export wef 15th November, 2022 vide Exchange rate Notification No. 95/2022 – Customs (N.T.) | dated 14th November, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** New Delhi Notification No. 95/2022 – Customs (N.T.) | […]

Restricted entry of food items in under specific ports

November 14, 2022 1698 Views 1 comment Print

Vide order dated 17.10.2022 FSSAI has decided that with effect from 1st February, 2023, import of below specified high-risk products shall be permitted only through 61 ports

Notification No. 123/2022 -Income Tax | Dated: 14th November, 2022

November 14, 2022 1590 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 123/2022 -Income Tax | Dated: 14th November, 2022 S.O. 5257(E).—In exercise of powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments in the notification of […]

Notification No.121/2022 – Income Tax Dated: 14.11.2022

November 14, 2022 1830 Views 0 comment Print

Amendments in notification No.61/2022 dated the 10th June, 2022 issued by CBDT MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 121/2022 -Income Tax |Dated: 14th November, 2022 S.O. 5255(E).—In exercise of the powers conferred by sub-sections (1), (2) and (5) of section 120 of the Income-tax Act, 1961 […]

No addition in the hands of non-Resident merely based on ‘base note’

November 14, 2022 1809 Views 0 comment Print

DCIT Vs Manish Vijay Mehta (ITAT Mumbai) Undisputedly, in this case, the assessee is a nonresident from A.Y. 2001­-02 and has been working as an employee in Belgium. He is having the income of interest on fixed deposits in India and is filing the return of income since A.Y. 2003-04 showing residential status as non-resident. […]

SEBI Consultation Paper on Review of disclosure requirements for material events or information

November 14, 2022 3759 Views 0 comment Print

SEBI Consultation Paper on Review of disclosure requirements for material events or information under SEBI (Listing Obligations and Disclosure  Requirements) Regulations, 2015

Handling of Clients’ Securities by Trading Members(TM)/Clearing Members (CM)

November 11, 2022 3438 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2022/153 Dated: November 11, 2022 To, All Depositories All Recognized Stock Exchanges All Recognized Clearing Corporations Madam / Sir, Sub: Handling of Clients’ Securities by Trading Members(TM) / Clearing Members (CM) 1. In order to protect clients’ funds and securities and to ensure that the Stock Broker segregates securities […]

CBDT designates courts in Himachal Pradesh for Black Money matters

November 11, 2022 921 Views 0 comment Print

Designation of the Courts in the Himachal Pradesh Special Courts for the purposes of section 280A of the Income tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 vide Notification No. 120/2022 – Income Tax |Dated: 11th November, 2022. MINISTRY OF FINANCE (Department […]

Certificates issued by Peer Review Board to Practice Units without end date

November 10, 2022 1338 Views 0 comment Print

The Practice Units may note that the Peer Review Certificates issued by the Peer Review Board to Practicing Units (PUs) in the past till April 16, 2015 mentioned the date of issuance of certificate, however, the date till which the certificate is valid is not mentioned on the Certificate.

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