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Notifications/Circulars

Income Tax Notification No. 1/2017, Dated: 17.01.2017

January 17, 2017 6625 Views 0 comment Print

S.O.160(E).—In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to Section 35 AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare

Additional charges in grade of CCIT- Order No. 9 of 2017

January 17, 2017 1639 Views 0 comment Print

The following officers in the grade of CCIT are, hereby, ordered to hold the charge (s) indicated against their names in addition to the substantive charge/ additional charge(s) being held by them, with immediate effect and until further orders

Employees’ Enrolment Campaign, 2017 from 01.01.2017 to 31.03.2017

January 17, 2017 2032 Views 0 comment Print

This is regarding Employees’ Enrolment Campaign, 2017 during period 01.01.2017 to 31.03.2017, in order to extend social security benefits to all eligible workers in country.

GOI (Allocation of Business) 313th Amendment Rules, 2017

January 16, 2017 1057 Views 0 comment Print

President hereby makes the following rules further to amend the Government of India (Allocation of Business) Rules, 1961, namely:- 1. (1) These rules may be called the Government of India (Allocation of Business) Three Hundred and Thirtieth Amendment Rules, 2017.

IDS 2016 not invalid if tax payment made before due date but credited late

January 16, 2017 3769 Views 0 comment Print

IDS 2016 deceleration will not be invalid in cases where payment has been made through cheque, RTGS, electronic transfer etc. on or before date of 30th November, 2016, but the same has been credited by banks after due date of 30th November, 2016, but on or before the 05th December, 2016.

New Cash Withdrawal limits- Rs. 10K for ATMs & 100K for Current A/c

January 16, 2017 21376 Views 0 comment Print

Limit on withdrawals from ATMs enhanced to Rs.10,000/- per day per card and on withdrawal from current accounts has been enhanced to Rs.1 ,00,000/- per week.

Relaxed conditions for Import of PoS terminal devices & related items

January 16, 2017 3400 Views 0 comment Print

Special permission for import of batteries and cells coming along (fitted) with the BIS registered PoS terminals if the said cells /batteries are either registered with BIS as per IS 16046 or are certified as per the International standard IEC 62133: 2012. Spares shall not be allowed under this relaxation.

Cover employees covered under ESIC but not under EPFO

January 16, 2017 2623 Views 0 comment Print

All employees registered with ESIC but not covered with EPFO must be brought under the coverage of EPFO as per due procedure.

Income Tax Dept Negligent in sending Inspection Reports to DIT (IT)

January 16, 2017 1807 Views 0 comment Print

It was observed that the prescribed number of Inspections are not being carried out by the field authorities. This is borne out by the fact that as against 2349 Reports of the Inspections to be carried out during 2015-16 for the work done in 2014-15 that were due to be sent to the Directorate of IT by 15.04.2016, only 599 reports were received till 10.01.2017.

Submission of Life Certificate for Pensioners extended to 28.02.2017

January 16, 2017 1900 Views 1 comment Print

The date of submission of life certificate by pensioners under Employees’ Pension Scheme 1995 was extended upto 15.01.2017 vide Head Office letter no.Pension- 1/17( 1)2016/jeevan Praman / 22 750 dated 28.11.2016.

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