Notification No. 264-Income Tax In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the sport “Water sports” for the purpose of said clause.
In exercise of the powers conferred by sub-section (1) read with sub-section (4) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 214/86-Central Excise, dated the 25th March, 1986, namely.
The principal notification No.39/96-Customs was published in the Gazette of India, Extraordianry, vide G.S.R. 291 (E), dated the 23rd July, 1996 and was last amended by notification No.66/2002-Customs, dated the 26th June, 2002.
The above said instructions may be brought to the notice of all concerned to ensure that Authorised Dealers do not face problem in clearance of currency notes
Public Notice No. 35/2002-07 adds DEPB rate for disposable hypodermic needles at 3% under Engineering Product Group.
A copy of the invoice or a copy of ARE-3( in case of supplies to EOU/ EPZ/ SEZ) duly signed by the unit receiving the material and their jurisdictional excise authorities certifying the item of supply, quantity, value and date of supply.
Notification No. 15/2002-07 extends export obligation period for EPCG licenses in agri export zones to 12 years from issuance date.
(a) goods falling under Chapter 24 of the said First Schedule, and (b) goods produced from crude petroleum oils and falling under Chapter 27 of the said First Schedule,
The applications for grant of registration / requisite approvals are processed by SEBI based on information communicated by the Exchange/ members to SEBI. Such information can undergo a change within a very short period of time.
Dividend income from shares of Indian companies and income from units of mutual Funds have been made taxable in the hands of share/unitholders by the Finance Act, 2002. For small investors investing in equity, a threshold limit of Rs.1,000 was provided for the purpose of TDS. Let us for senior citizens and for investors raise the threshold limit to Rs.2500.
