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Circulars

Dispose Delhi VAT pending registration cases by 31.05.2017

May 15, 2017 732 Views 0 comment Print

In continuation of circular No. 24 of 2016-17, wherein the process of grant of online registration was spelt out, it has been observed that a huge number of application forms for DVAT/CST registration are pending. It has been decided to complete this task in a bound manner and therefore, all the Assessing Authorities are hereby directed to dispose such cases on priority and clear all the pending registration cases by 31st May, 2017. The Zonal In charges will monitor the progress on these cases.

FCRA: Online uploading of Annual Returns from 2010-11 to 2014-15

May 12, 2017 2454 Views 0 comment Print

II/21022/36(0207)/2015-FCRA-II Government of India Ministry of Home Affairs Foreigners Division (FCRA Wing) 1st Floor, NDCC-II Building, Jai Singh Road, New Delhi-110001 Dated the 12th May, 2017 PUBLIC NOTICE SUBJECT : Online uploading of Annual Returns from 2010-11 to 2014-15 under the Foreign Contribution (Regulation) Act, 2010 and rules made there under without payment of penalty. It […]

Submission of Statutory returns (SLR-Form VIII) in XBRL platform

May 11, 2017 1698 Views 0 comment Print

It has been decided to move the reporting of SLR from PCRPCD to XBRL (Extensible Business Reporting Language) platform. You are therefore advised to submit the returns (Form VIII) in XBRL from the month of April 2017.

In disputed matter evidence can be taken from video graphing: EPFO

May 11, 2017 873 Views 0 comment Print

EPF Department in order to avoid disputes relating to number of employees employed by the employer and if there is no co-operation from employer or its agent / manager / any person in such circumstance, department has to utilise recording of panchanama by video graphing and insisting for installation of CCTV in and around factory premises. Thus in disputed matter evidence can be taken from video graphing,

Uploading the Departure Manifests by Airlines (carriers)- reg.

May 9, 2017 669 Views 0 comment Print

It has also been decided that the carriers would carry out the necessary modifications in their systems in order to generate and submit the additional outbound passenger manifests to be transmitted 12 hours before the scheduled flight departure, within a period of six months i.e. by November, 2017.

Interest rate on Staff Provident Fund in EPFO (01.04.2017 to 30.06.2017)

May 9, 2017 3732 Views 0 comment Print

Accumulations at the credit of subscribers to the Staff Provident Fund shall carry interest at the rate of 7.9% (Seven point nine per cent) w.e.f. 01.04.2017 to 30.06.2017.

IRDA Guiding Principles for Pricing of Risk

May 9, 2017 3285 Views 0 comment Print

1) The Loss Costs for Fire line of business published by IIBI in the 2nd Schedule of Loss Costs for various occupancies is to be considered in determining the premium rates. 2) In the alternative, the Loss Cost of a particular occupancy based on the Insurer`s own past acceptances may be considered, for all available periods.

Benefit of 2 Years weightage of Service under Employees Pension Scheme

May 8, 2017 22260 Views 10 comments Print

In the case of the member who superannuates on attaining the age of 58 years, and who has rendered 20 years pensionable service or more, his pensionable service shall be increased by adding a weightage of 2 years.

NEFT system – Settlement at half-hourly intervals

May 8, 2017 1575 Views 0 comment Print

National Electronic Funds Transfer (NEFT) system presently settles the fund transfer requests of the participating banks on net basis at hourly intervals from 8:00 am to 7:00 pm on all working days.

Instant Access Facility & Use of e-wallet for investment in Mutual Funds

May 8, 2017 2175 Views 0 comment Print

IAF facilitates credit of redemption proceeds in the bank account of the investor on the same day of redemption request. In order to further enhance the reach of Mutual Funds (MFs) towards the retail investors, it has been decided to issue guidelines for extending IAF. MFs/ AMCs may offer IAF subject to the following conditions:

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