The Insurance Regulatory and Development Authority (Irda) today asked insurance companies to refrain from charging policyholders differential premium without prior approval of the watchdog. In the papers submitted to Irda before launching any product
In the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 30/2010-Central Excise (N.T) dated the 21st December, 2010 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 997(E), dated the 21st December, 2010, in the Table, against S.No.93A, in column (2), for the entry 8523 read 8523 80 20
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the government of India in the Ministry of Finance
Attention is invited to Board Circular No.58/2001–Cus dated 25.10.2001 which provides detailed guidelines for examination and testing of food item prior to its testing and clearance by Customs officers under the provisions of Prevention of Food Adulteration Act
Growth in Corporate Income Tax was 22.07 percent (Rs.2,03,244 crore as against Rs.1,66,503 crore), while Personal Income Tax (including STT, and residual FBT / BCTT) grew at 14.57 percent (Rs.92,295 crore as against Rs.83,178 crore). Growth of Securities Transaction Tax was 11.97 precent (Rs.5,117 crore against Rs.4,570 crore).
In partial modification of paragraph 2(iii) of the above mentioned circular, we advise that banks are permitted to change the benchmark and methodology used in the computation of Base Rate for a further period of six months i.e. upto June 30, 2011. DBOD.No.Dir.BC.73/13.03.00/2010-11, Date :- January 6, 2011
SEZ : Amendment to the Instruction No. 69 containing guidelines to regulate functioning of plastics/Used clothing units in SEZs INSTRUCTION NO. 74, DATED 31-12-2010 I am directed to refer to Instruction No. 69 dated 4th November, 2010 of this Department on the subject mentioned above. It has been decided to amend para 2(iii) of the […]
Notification No. 2/2011 – Income Tax In the notification of the Government of India in the Ministry of Finance, Department of Revenue, (Central Board of Direct Taxes) number S.O. 1898(E), dated the 3rd August, 2010, published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii), dated the 3rd August, 2010, in paragraph 2 for “This notification shall come into force with effect from the date of its publication
Notification No. 01/2011- Income Tax In exercise of the powers conferred by clauses (a) and (b) of sub-section (10) of section 80-IB of the Income-tax Act, 1961 (43 of 1961), the Board hereby notifies, the Scheme for slum redevelopment prepared by the Maharashtra Government under sub-section (2) of section 37 of the Maharashtra Regional Town Planning Act, 1966 (Mah.XXXVII of 1966) and published vide notification No
The exporters were required to submit the application for grant of Export Licence for Restricted items alongwith the self certified copy of Export Order/Purchase Order/ Proforma Invoice. But, in order to reduce the transaction cost, this requirement has been dispensed with. Now, the exporters will be required to only indicate the name and address of foreign buyers in the application form.
