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Govt allows duty free Import of 5 Lakh MT raw sugar under TRQ

April 5, 2017 831 Views 0 comment Print

Import of 5 Lakh MT of raw sugar under Exim Code 170114 of Chapter 17 of ITC (HS), 2017–Schedule–I (Import Policy) is allowed duty free under TRQ.

Govt mandates Aadhaar for Internship Scheme of MCA

April 5, 2017 1083 Views 0 comment Print

Ministry of Corporate Affairs is administering the Internship Scheme to provide a platform for post-graduate students who are pursuing courses in Commerce, Law, Economics and Management streams to develop awareness about formulation and implementation of corporate policies of the Union Government.

Section 269ST not applies to receipt from bank or post office

April 5, 2017 13815 Views 1 comment Print

CBDT notified that Section 269ST not applies to cash receipt from banking company, post office savings bank or co-operative bank.

CBDT extends time to Furnish PAN / Form No. 60 to Banks

April 5, 2017 31104 Views 0 comment Print

CBDT has extended time to furnish permanent account number or Form No. 60 by bank account holders who have not furnished the same at the time of account opening or subsequently to on or 30th day of June, 2017.

CBDT notifies revised audit report format for claiming deduction U/s. 80JJAA

April 3, 2017 12303 Views 0 comment Print

Rule 19AB. Form of report for claiming deduction under section 80JJAA. Report of an accountant which is required to be furnished by the assessee along with the return of income under clause (c) of sub-section (2) of section 80JJAA shall be in Form No. 10DA.

Procedure, Formats and Standards for ensuring secured transmission of electronic communication

April 3, 2017 3099 Views 0 comment Print

Procedure, Formats and Standards for ensuring secured transmission of electronic communication – introduction of E-Proceeding for communication between the Income Tax Department and Assessee-reg.

RTE amendment bill introduced in Lok Sabha

April 3, 2017 1080 Views 0 comment Print

AS INTRODUCED IN LOK SABHA- 1. Short title and commencement. (1) This Act may be called the Right of Children to Free and Compulsory Education (Amendment) Act, 2017. (2) It shall be deemed to have come into force on the 1st day of April, 2015.

IBBI (Voluntary Liquidation) Regulations, 2017

April 1, 2017 6201 Views 0 comment Print

(1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Voluntary Liquidation) Regulations, 2017. (2) These Regulations shall come into force on the date of their publication in the Official

IBBI (Information Utilities) Regulations, 2017

March 31, 2017 13053 Views 0 comment Print

(1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. (2) These Regulations shall come into force on 1st April, 2017.

Increase in limits for investment by FPIs in CG Securities and SDLs

March 31, 2017 579 Views 0 comment Print

The limits for investment by FPIs in Central Government Securities and State Development Loans (SDLs) for the quarter April-June 2017 are proposed to be increased by Rs. 110 billion and Rs. 60 billion respectively.

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