The Airlines will maintain a database of such passengers which will form a National No-fly List of unruly/disruptive passengers. Individuals identified by MHA as national security threats will also form part of the National No-Fly List.
CBDT has released the draft rules prescribing ‘unquoted shares’ valuation for purposes of Sec. 56(2)(x)/50CA (an important development impacting corporate restructuring) inviting comments from public.
A centralised database of cyber criminals should be maintained to keep a check and discourage cyber criminals from engaging in spurious activities in cyberspace, according to a recent ASSOCHAM- Mahindra EY joint study. There is a need to establish a centralised repository for cyber security standards, best practices and guidelines, which can be used by law enforcement agency for preventing and investigating cyber crime, noted the conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) jointly with EY.
The desire to succeed, right intentions and obstacles make a man. This is what Actor Boman Irani sought to purvey in ‘The Journey: Life, Learning & Leadership Lessons’ at a session organised by FICCI Ladies Organisation (FLO) here today.
In 2013 we had recommended to the Parliamentary Committee of the Social Justice and Empowerment Ministry chaired by Mr Hemanand Biswal the amount of 1000 Rs ( which is recorded in the report). In 2017 with inflation and consequent indexing it wall be Rs 2000/- which is half the minimum working wage as prescribed by Government of India.
Eight States have passed the State Goods and Services Tax (SGST) Act in their respective State Assembly in less than a month’s time.
ICAI Request to give feedback and improvement ideas in the present service delivery of the Ministry of Corporate Affairs as desired by National Productivity Council (NPC).
GST Professionals take pride in releasing its latest May’ 2017 edition of GST Book titled – Simplified Approach to GST – A Ready Referencer authored by CA Raman Singla covering the latest GST laws and simplistic presentation of GST Acts and Rules.
As per the latest instruction received from PFRDA/NPS Trust, PRAN would not be blocked on account of non-submission of FATCA Self-Certification. PFRDA / NPS Trust will issue revised guidelines on FATCA shortly.
Income Tax Department has released Income Tax Return Utility for Assessment Year 2017-18 / Financial Year 2016-17 for ITR 1, ITR 2, ITR 3 and ITR 4 (SUGAM), ITR 5, IT 6. ITR 7 in both Java and Excel Format.
