Notification No. 44/2010-Service Tax, dated 20-7-2010. In exercise of the powers conferred by sub-section (1) of Section 71 of the Finance Act, 1994 (32 of 1994), the Central Board of Excise and Customs, makes the following amendment in the Service Tax Return Preparer Scheme, 2009, namely
S.O It is hereby notified for general information that the organization MEPCO Schlenk Engineering College, Sivakasi, Tamil nadu has been approved by the Central Government for the purpose of clause (ii) of sub-section ( I) section 35 of the Income-tax Act. 1961 (said Act), read with Rules SC and sE of the Income-tax Rules, 1962 (said Rules), from Assessment Year 2010-2011 onwards
Notification No. 58/2010-Income Tax S.O. It is hereby notified for general information that the organization Astra Zeneca Research Foundation India, Bangalore has been approved by the Central Government for the purpose of clause (ii) of sub-section ( 1) of section 35 of the Income-tax Act 1961 (said Act), read with Rules 5C and 5E of the Income-lax Rules, 1962 (said Rules), for the period 1.4.2003 to 31.3.2006 in the category
Notification No. 56/2010-Income Tax Gujarat has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules. 1962 (said Rules), from Assessment year 2010-2011 onwards in the category of ‘University’ partly engaged in research activities subject to the following conditions, namely:-
Life insurance agents may lose their licences if the annual persistency ratio of their clients’ policies is less than 50 per cent. In an exposure draft on persistency in life insurance policies announced on Saturday, the Insurance Regulatory and Development Authority proposed norms for enhancing the performance of agents.
Notification No. 55/2010-Income Tax In the Notification of Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 41/2010 dated 31st May, 2010 bearing S.O. 1261(E) and published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (ii), dated 31st May, 2010-
Effective 15 July, 2010, the rate of VAT in Himachal Pradesh has been enhanced, as mentioned below:
State-owned insurance companies on Tuesday agreed to restore cashless treatment facilities in big private hospitals on a case-to-case basis, a development likely to benefit mediclaim policy holders. “Insurance companies have decided to restore cashless facilities on a case-to-case basis. We discussed ways of making people part of the facility and how reimbursements can be revived,” said Sanjay Datta, head, health insurance, ICICI Lombard, after a Confederation of Indian Industry (CII)-initiated meeting between insurers and the healthcare industry.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014, the Director General of Foreign Trade hereby makes the following amendments, in the Handbook of Procedures (vol.1) 2009-2014:-It has been decided that ‘Declaration of Intent’ for claiming benefits under Chapter 3 of FTP shall be mandatory for all categories of shipping bills, including free shipping bills. In view of this, for exports made w.e.f 1st January 2011, the Paragraph 3.11.8 of HBP (vol.1) shall be replaced as under:
Attention is invited to Public Notice No. 82/2009-14 dated 16.7.2010. For export of goods exported from 1st January 2011 onwards, the Declaration of Intent for Claiming the benefits under Chapter 3 of FTP, in terms of Para 3.11.8 of FTP 2009-14 as amended by Public Notice No. 82/2009-14 dated 16.7.2010, has been made mandatory for all types of shipments seeking to claim the benefits of Chapter 3 reward schemes.
