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Notifications

NSC shall be deemed to be encashed on the day of attaining Non-Resident Status

October 3, 2017 711 Views 0 comment Print

Provided that if a resident Indian having purchased a certificate, subsequently becomes Non-Resident during the currency of the maturity period, the certificate shall be encashed or deemed to be encashed be encashed on the day he becomes a non-Resident, and ab interest shall be paid at the rate applicable to the Post Office Savings Account, from time to time, from such day and upto the last day of the month preceding the month in which it is actually encashed”

Post Office Savings Certificates (Amendment) Rules, 2017

September 29, 2017 1611 Views 0 comment Print

In exercise of the powers conferred by section 12 of the Government Savings Certificate Act, 1959 ( 46 of 1959) , the Central Government hereby makes the following rules further to amend the Post Office Savings Certificates Rules, 1960, namely

EIA Lab authorised to issue analytical report of testing of Penta Chlorophenol

September 29, 2017 687 Views 0 comment Print

In addition to Vimta Labs, Hyderabad, Export Inspection Agency (EIA) Lab, Chennai has also been authorised to issue the analytical report of testing of Penta Chlorophenol (PCP).

Submission of affidavit to forgo actionable claim or enforceable right in respect of a brand name

September 29, 2017 21747 Views 2 comments Print

Rate of tax on goods under GST have been notified vide notification no. F.12(56)FD/Tax/2017–Pt.-I-40 dated 29 June, 2017, as amended from time to time. Besides, exemption from tax on intra- State supplies of goods have been notified vide notification no. F.12(56)FD/Tax/2017–Pt.-I-41 dated 29 June, 2017, as amended from time to time. Some of the goods were made taxable or put into higher tax slab, if such goods are put up in unit containers and bear a registered brand name.

Aadhaar mandatory for All Post office deposits; Existing depositors to updates by 31.12.2017

September 29, 2017 966 Views 0 comment Print

(a) ‘Aadhaar number’ means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016); (aa) ‘Account’ means a Savings Account, a Recurring Deposit Account, a Time deposit Account, Monthly Income Scheme Account, Sukanya Samriddhi Account or Senior Citizens Savings Account;”

Aadhaar mandatory for NSC; Existing depositors to updates by 31.12.2017

September 29, 2017 840 Views 1 comment Print

Aadhaar number shall be the unique identifier for the purpose of establishing the identity of National Savings Certificate (NSC) holder. Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar.

IBBI notifies IBBI (Information Utilities) (Amendment) Regulations, 2017

September 29, 2017 1086 Views 0 comment Print

IBBI had notified the IBBI (Information Utilities) Regulations, 2017 on 31st March, 2017. These regulations provided that ordinarily a person should not hold more than 10% of paid up equity share capital or voting power of an information utility, while allowing certain specified persons to hold up to 25%. These further provided that a person may hold up […]

Aadhaar mandatory for PPF; Existing depositors to updates by 31.12.2017

September 29, 2017 1857 Views 2 comments Print

Aadhaar number shall be the unique identifier for the purpose of establishing the identity of Public Provident Fund account holder. Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar.

Aadhaar mandatory for Kisan Vikas Patra; Existing depositors to updates by 31.12.2017

September 29, 2017 633 Views 0 comment Print

Aadhaar number shall be the unique identifier for the purpose of establishing the identity of Kisan Vikas Patra account holder. Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar:

Post GST interim Rate of ROSL on Export of Garments & Made-ups

September 28, 2017 8181 Views 0 comment Print

The exporter may claim RoSL rates for export of garments, garments under AA-AIR and made-ups textiles articles which are being hereby notified as Schedules-I, II and III respectively of this Notification provided he shall have to give an undertaking that he has not claimed or shall not claim credit/rebate/refund/reimbursement of these specific State Levies under any other mechanism.

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