Ministry of Finance vide Notification No. G.S.R.322 (E) dated 18.03.2016 has notified accounts of Employees’ Provident Fund as one of the schemes identified for transfer of unclaimed amounts.However, the EPF funds, as per para 53 of the EPF Scheme, 1952, cannot be expended for any purpose other than payment to individual
In order to promote the Start-Up ecosystem in the country and incentivizing the entrepreneurs in setting up new start-up ventures and thus catalyze the creation of employment opportunities through them, the Ministry of Labour & Employment has issued an advisory to the States/UTs/Central Labour Enforcement Agencies for a compliance regime based on self-certification and regulating the inspections under various Labour Laws.
The Central Government has extended the date of filing of ST-3 returns to 29.04.2016 from 25.04.2016 owing to certain difficulties being faced by the taxpayers in the ACES application.
CBEC takes Litigation Management and Dispute Resolution measures; Field formations file applications for withdrawal in 980 and 2174 cases in High Courts and CESTAT respectively as per the new threshold monetary limits prescribed; Out of this, High Courts allow withdrawal in 250 cases and CESTAT in 202 cases.
1. Please use Ink Jet /Laser printer to print the ITR-V Form. Use of Dot Matrix printer should be avoided. 2. The ITR-V Form should be printed only in black ink. Do not use any other ink option to print ITR-V. 3. Ensure that print out is clear and not light print/faded copy. 4. Please […]
Online Upload of e-TDS/TCS statement(s) and AIR functionality will be discontinued from May 1, 2016 at NSDL e-Gov end. The users who are desirous to file e-TDS/TCS statements/AIR are hereby requested to visit our TIN-FC agents. To know the nearest TIN-FC, please visit at the TIN website at https://www.tin-nsdl.com/tin-facilities.php For online upload of quarterly TDS/TCS […]
Peer Review System (PRS) is a mechanism of evaluating the professional/audit and assurance activities/services carried out by a Firm by peers by looking into the systems and procedures adopted and records maintained while carrying out professional/audit and assurance activities with the objective to evaluate and suggest improvements of systems, procedures and quality of reporting.
Cost Accounting Standards Board (CASB) releases Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities ‘. Cost Accounting Standards Board (CASB), the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities’ […]
The Committee intends to develop the content of the Study/Background Material for the aforesaid courses (detailed modules are available at the above mentioned links) and is presently looking for experts having experience in the relevant areas for the following activities:
Some of the important provisions are: (i) Completion of investigation and filing of charge sheet in the court within sixty days. (ii) Provision of relief for offences of rape and gang rape (This provision has been introduced for the first time.) (iii) Delinking requirement of medical examination for getting relief amount for non-invasive kind of offences against women like sexual harassment, gestures or acts intended to insult the modesty of women, assault or use of criminal force with intent todisrobe, voyeurism, stalking.