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Notifications/Circulars

CBDT notifies rules for Authentication of online notices & documents

March 23, 2017 7224 Views 0 comment Print

127A. Authentication of notices and other documents- (1) Every notice or other document communicated in electronic form by an income-tax authority under the Act shall be deemed to be authenticated,-

Guidelines on Stewardship Code for Insurers in India

March 22, 2017 6345 Views 0 comment Print

The Authority had revised the Corporate Governance guidelines for insurance companies in 2016, which combined the stipulations regarding the form and composition of the Board, the Appointment and qualifications of Directors and Key Management Persons (KMPs), appointment of Auditors, etc.

EPFO Empanelment of retired officers for departmental Inquiries

March 22, 2017 1197 Views 0 comment Print

Employees’ Provident Fund Organization (EPFO) proposes to setup a panel of retired officers as Inquiry Officers for conducting departmental inquires

SEBI eases norms for issuing debt securities by municipalities

March 22, 2017 678 Views 0 comment Print

SEBI eases norms for issuing debt securities by municipalities

IRDA: Modification in premium rates due to revised Commission/Remuneration Structure and introduction of Reward System

March 22, 2017 1110 Views 0 comment Print

IRDAI (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations 2016 comes into force with effect from 1st April, 2017.

Reduction in EPF & EDLI administrative charges

March 22, 2017 5022 Views 1 comment Print

The expenditure incurred in administering the Employees’ Provident Fund is met from the administrative and inspection charges collected from the employers of un-exempted and exempted establishments respective

Jurisdiction when return of income furnished in electronic & paper form

March 22, 2017 1683 Views 0 comment Print

All the cases where the return of income has been furnished in – (i) electronic form, and (ii) paper form. Commissioner of Income-tax, Centralised Processing Centre, Bengaluru

Identification of officials who are either absconding or are on unauthorized leave

March 21, 2017 1041 Views 0 comment Print

A Committee was constituted to carry out a one time count of all officers in the Income tax organization and identify such of those Group A officers as are presently on unauthorized leave or are absconding.

Operational flexibility for Indian subsidiaries of Non-resident Companies

March 21, 2017 1230 Views 0 comment Print

To provide operational flexibility for booking derivative contracts to hedge the currency risk arising out of current account transactions of Indian subsidiaries of Multi-National Companies (MNCs).

ITBA Rectification Module for Income Tax Penalty orders

March 21, 2017 3591 Views 0 comment Print

The functionality to rectify penalty orders passed in the System (Process flow from initiation of rectification to passing rectification order) is now available to the Users through the Rectification module of Income Tax Business Application (ITBA).

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