Further, since this facility shall be available to manufacturer exporters only and not to the merchant exporters tied to supporting manufacturer, paragraph 4.1.3 of FTP has been amended as stated at Sl. No. 1 above.
More than 10 years after opening up of the insurance sector, regulator Irda today proposed to allow mergers and acquisitions in the general insurance business that requires consolidation among the 24 industry players, most of which are loss-making.
The following Order Nos. 21 of 2011 dated 09.02.2011, 22 of 2011 dated 11.2.2011, 23 of 2011 dated 11.2.2011, 24 of 2011 dated 11.2.2011 & 25 of 2011 dated 11.2.2011 have been issued by the Central Board of Direct Taxes (CBDT) related to promotion
Under the new IRDA regime, the Life Insurance Corporation of India has launched two new non-linked plans Bima Account I and Bima Account II. The plans guarantee minimum returns, transparent charges and provide risk cover. According to the press relea
INSTRUCTION NO. 3/2011 Reference is Invited to Board’s instruction No. 5/2008 dated 15-5-2008 wherein monetary limits and other conditions for filing departmental appeals (In Income-tax matters) before Appellate Tribunal, High Courts and Supreme Court were specified.
In order to speed up refunds, TDS claims in all tax returns (ITR-1 to ITR-6) will be accepted without verification if the difference between the amount claimed in the return and the amount reflected in the TDS return (AS-26 statement) does not exceed
The exporter would be entitled for import of alternate Import Item namely Antimony Triacetate indicated at S.No. 6 of the amended SION No. H-206. The above facility has been extended subject to conditions vide Note 1 and 2 above. Allowing of alternate raw material would facilitate exporters for the manufacture of Polyester (PET) Chips for wide ranging applications depending upon the export requirement.
In exercise of the powers conferred by sub-rule (1) of rule 3 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995
In exercise of powers conferred by sub-section (1)(c) of section 4 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Central Government hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance, Department of Economic Affairs, number S.O 147(E), dated the 21st February, 1992, namely :—
CIRCULAR NO. 305.2/1/F&AILAB2008/277/2011-12, DATED 9-2-2011 Section 35 of the Insurance Act, 1938 lays down the framework for amalgamation and transfer of life insurance companies. However, a similar provision is not available in case of non-life insurance companies. This anomaly is proposed to be rectified in the Insurance Amendment Bill, 2008. Against the background of the […]
