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No need to upload scanned copy of PAN Card during EPF Registration

January 8, 2018 2547 Views 0 comment Print

At the time of registration of an establishment, employer has to upload digitally signed copy of PAN card. There is a mandate of Ease of Doing business to eliminate the requirement of submitting scanned copy of PAN card at the time of registration.

EPFO targets Zero current default by 31.03.2018

January 8, 2018 738 Views 0 comment Print

Real Time Default Management System is in operation in EPFO for reducing current default of establishments. New Enforcement Officers are also being provided to Regional Offices after completion of their training for effective default reduction.

Amendment to 7.75% Savings (Taxable) Bonds 2018 Scheme

January 8, 2018 2205 Views 0 comment Print

Interest on 7.75% Savings (Taxable) Bonds 2018 will be taxable under the Income Tax Act, 1961 as applicable according to the relevant tax status of the Bond holders.

Sunset Review of Anti-dumping duty on Nylon Filament Yarn import

January 5, 2018 1641 Views 0 comment Print

Having regard to the Customs Tariff Act, 1975, as amended from time to time (hereinafter also referred to as the Act) and the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules 1995

CBEC exclude petroleum coke from purview of concessional 5% BCD

January 5, 2018 924 Views 0 comment Print

Seeks to amend notification 50/2017-Customs dated 30.06.2017 so as to exclude petroleum coke from the purview of concessional 5% Basic Customs Duty (BCD) vide Notification No. 02/2018-Customs

CBEC amends effective rate of customs duty of tariff item 6001 9200

January 5, 2018 864 Views 0 comment Print

Notification No. 01/2018-Customs Seeks to amend notification No. 82/2017-Customs dated 27.10.2018 to amend the effective rate of customs duty of tariff item 6001 9200.

XBRL Returns – Harmonization of Banking Statistics

January 4, 2018 2382 Views 0 comment Print

The Reserve Bank of India had constituted an inter-departmental Task-force in December 2014, to provide “harmonised” definitions of major balance sheet/ profit and loss/ off-balance sheet items covered in the banking/ regulatory returns received across RBI departments.

India-Brazil DTAA amended WEF 6th day of August, 2017

January 4, 2018 2697 Views 0 comment Print

Central Government hereby notifies that all the provisions of amending Protocol entered into between India and Brazil shall have effect in the Union of India with effect from the 6th day of August, 2017.

Companies (Amendment) Act, 2017

January 3, 2018 72195 Views 1 comment Print

THE COMPANIES (AMENDMENT) ACT, 2017 received the assent of the Hon’ble President of India on the 3rd January, 2018 which is an An Act further to amend the Companies Act, 2013. By this act 93 amendments been carried out in Companies Act, 2013 to provide relief to stakeholders and to provide more clarity on some […]

Electoral Bond Scheme, 2018 (Read Notification)

January 2, 2018 3726 Views 0 comment Print

(1) The Bond under Electoral Bond Scheme, 2018 may be purchased by a person, who is a citizen of India or incorporated or established in India. (2) A person being an individual can buy bonds, either singly or jointly with other individuals.

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