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MEF Empanelment- ICAI asks members to submit declaration

December 7, 2016 5266 Views 0 comment Print

This has reference to your application for multipurpose panel for year 2016-17. It has been observed that declaration for same has not yet been received at our end.

BRICS support all international initiatives for fair/transparent tax system

December 6, 2016 1006 Views 0 comment Print

BRICS Heads of Revenue express their continued support to all international initiatives towards reaching a globally fair and universally transparent tax system; Reiterate their commitment to actions taken to ensure the fairness of the International Tax System.

Govt directs banks to install 1 million new PoS terminals by 31.03.2017

December 6, 2016 1375 Views 0 comment Print

In order to facilitate the move towards cashless transactions, the Government has directed the banks to install an additional one million new PoS terminals by 31st March 2017

Post demonetisation income tax Investigation in more than 400 cases

December 6, 2016 6259 Views 0 comment Print

Income Tax (IT) Department carries-out swift investigations in more than 400 cases since the de-monetization of old High Denomination (OHD) currency on 8th November, 2016

No denial of Government scholarships for not having Aadhaar Card

December 6, 2016 1102 Views 0 comment Print

The scholarship is not being denied on the grounds that the beneficiary does not possess Aadhaar. In the absence of Aadhaar, copy of request made for Aadhaar enrolment or photo identity card, bank passbook etc., can be used as an identifier till the Aadhaar number is obtained by the beneficiary.

Steps by Govt to save Workers from fraud of Hiring Agencies

December 6, 2016 1132 Views 0 comment Print

A well-established Central Industrial Relations Machinery (CIRM) is in place to enforce various labour laws in Central Sphere including the Contract Labour (Regulation & Abolition) Act, 1970.

14 Salient Features of Draft Inland Vessels Bill, 2016

December 6, 2016 1150 Views 0 comment Print

The following are the salient features of the draft Inland Vessels Bill, 2016 The Draft Inland Vessels Bill, 2016 covers the Preamble and has 16 parts i.e. Part I to Part XVI. The salient features are:

DGS&D to host online Government e-Marketplace

December 6, 2016 1207 Views 0 comment Print

Government inserted Rule 141 in General Financial Rules (GFR), 2005, which provides that Directorate General of Supplies & Disposal (DGS&D) will host an online e-Marketplace for common use goods and services

Measures taken by govt to diversify & boost exports from India

December 6, 2016 1486 Views 0 comment Print

The Government has taken various measures to diversify and boost exports from India, which includes; (i) Merchandise Exports from India Scheme (MEIS) was included under Foreign Trade Policy (FTP) 2015-20 w.e.f. April 1, 2015

PF collected but not deposited- 6 Actions that can be taken

December 6, 2016 83278 Views 33 comments Print

Government is aware that some establishments/companies have not submitted/deposited funds collected by them towards employees contribution in provident fund accounts

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