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Notifications

Final Notification on Tax on Shares Transaction & Sec. 10(38) Exemption

June 5, 2017 17133 Views 0 comment Print

Central Government hereby notifies all transactions of acquisition of equity share entered into on or after the 1st day of October, 2004 which are not chargeable to securities transaction tax under Chapter VII of the Finance (No. 2) Act, 2004 (23 of 2004), other than the following, namely :—

Due date to furnish form 16 (Salary Certificate) extended to 15th June

June 2, 2017 5004 Views 1 comment Print

Due date of furnishing Annually Form 16 (Salary Certificate) is extended from 31st day of May of the financial year immediately following the financial year in which the income was paid and tax deducted to 15th day of June.

Govt notifies rules for Disciplinary Action on Government Servant

June 2, 2017 1431 Views 0 comment Print

1. (1) These rules may be called the Central Civil Services (Classification, Control and Appeal) Amendment Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette.

Aadhaar mandatory for opening bank account- Govt notifies rules

June 1, 2017 5778 Views 0 comment Print

(1) These rules may be called the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette.

Introduction of Legal Entity Identifier for OTC derivatives markets

June 1, 2017 3051 Views 0 comment Print

The Legal Entity Identifier (LEI) code has been conceived of as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. The LEI is a 20-character unique identity code assigned to entities who are parties to a financial transaction.

Govt amends Service Rules of ITAT Members, VPs And President

June 1, 2017 1944 Views 0 comment Print

These rules may be called the Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) Rules, 2017.

Assam Goods and Services Tax Act, 2017 (Download)

June 1, 2017 6594 Views 0 comment Print

GOVERNMENT OF ASSAM ORDERS BY THE GOVERNOR LEGISLATIVE DEPARTMENT : : : LEGISLATIVE BRANCH NOTIFICATION The 1st June, 2017 No. LGL.123/2017/11.– The following Act of the Assam Legislative Assembly which received the assent of the Governor on 24th May, 2017 is hereby published for general information. ASSAM ACT NO. XXVIII OF 2017 (Received the assent […]

Notification No. 22/2017-Customs Dated: 31st May, 2017

May 31, 2017 4494 Views 0 comment Print

The following categories of exports made from 1st April, 2005 to 19th February, 2006 shall not be counted for calculation of export performance or for computation of entitlement under the scheme -(i) export of imported goods covered under para 2.35 of the Foreign Trade Policy or exports made through transshipment;

Form 15G/15H to be furnished to Deductor- Once a Year or more?

May 30, 2017 11475 Views 0 comment Print

Representations have been received for clarification on the issue as to whether a depositor should submit only one declaration in respect of the income each year before each person responsible for making the payment (Deductor) or Form 15G/15H has to be submitted each and every time the payment is due to be received from the deductor.

Submission of SFT relating to issue of Bonds for ₹ 5 lakh or more- Reg.

May 30, 2017 798 Views 0 comment Print

It is observed that a few Agency banks were submitting Annual Information Returns (AIR, now changed to SFT) in respect of Savings Bonds to Income Tax Authorities as well as to RBI.

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