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Appointment of IRS officers in ACIT Grade in substantive capacity

March 29, 2017 1065 Views 0 comment Print

No. 04 (F. No. A-23012/312017-Ad.VI): The President is pleased to appoint the following IRS officers in the grade of Assistant Commissioner of Income Tax (Junior Scale) in the Pay scale of Rs. 15,600 – 39,000/- (Plus Grade pay of Rs. 5,400/- in Pay Band-3) (Pre-revised) in a substantive capacity in the grade with effect from the date(s) indicated against each of them

All banking payment systems to remain closed on April 1, 2017

March 29, 2017 1335 Views 0 comment Print

All payment systems, including RTGS and NEFT would operate, as on a normal working day, during the period March 25 to April 1, 2017 (including Saturday, Sunday and all holidays).

Employees’ Provident Funds (Seventh Amendment) Amendment Scheme, 2017

March 29, 2017 2619 Views 0 comment Print

1. (1) This Scheme may be called the Employees’ Provident Funds (Seventh Amendment) Amendment Scheme, 2017. (2) It shall come into force on the day of April, 2017.

Employees’ Provident Funds (Third Amendment) Scheme, 2017

March 29, 2017 4749 Views 0 comment Print

1. (1) This Scheme may be called the Employees’ Provident Funds (Third Amendment) Scheme, 2017. (2) It shall come into force on the 1″ day of April, 2017.

President assents Maternity Benefit (Amendment) Act, 2017

March 28, 2017 5511 Views 0 comment Print

(1) This Act may be called the Maternity Benefit (Amendment) Act, 2017. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint :

Govt imposes 10% basic customs duty on wheat and Tur

March 28, 2017 873 Views 0 comment Print

Amendment to Notification No.12/2012-Customs, dated the 17th March, 2012, so as to impose basic customs duty of 10% on wheat and Tur, with immediate effect.

Income Tax Notification No. 20/2017, Dated: 27.03.2017

March 27, 2017 2007 Views 0 comment Print

It is hereby notified for general information that the organization M/s Society for Applied Microwave Electronics Engineering & Research(`SAMEER’)(PAN:- AALAS5825K) 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),

Amendment in export policy of edible oils

March 27, 2017 477 Views 0 comment Print

Export of Groundnut oil, Sesame oil, Soyabean oil and Maize (Corn) oil in bulk, irrespective of any pack size, has been exempted from the prohibition on export of edible oil.

Reg. notification specifying Increase in thresholds of De Minimis Exemption

March 27, 2017 1044 Views 0 comment Print

S.O. 989(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby rescinds the notification of the Government of India in the Ministry of Corporate Affairs, S.O. 674(E), dated the 4th March, 2016

Notification on Exemption under section 5 of Competition Act, 2012

March 27, 2017 2691 Views 0 comment Print

Where a portion of an enterprise or division or business is being acquired, taken control of, merged or amalgamated with another enterprise, the value of assets of the said portion or division or business and or attributable to it, shall be the relevant assets and turnover to be taken into account for the purpose of calculating the thresholds under section 5 of the Act

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