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Govt announces interest rate on special deposit for non Govt PF Funds

January 18, 2017 2938 Views 1 comment Print

No.5(4)-B(PD)/2016.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F. 1 6(1)-PD/75 dated 30th June, 1975, shall with effect from 1st January, 2017 to 31st March, 2017, bear interest at 8.0% (eight per cent). This rate will be in force w.e.f. 1st January, 2017.

Rule 114E: Reportable Transactions & Guidelines for Preparation of SFT

January 17, 2017 159217 Views 6 comments Print

Nature and value of transactions to be reported under Rule 114E and General Guidelines for Preparation of Statement of Financial Transactions (SFT)

DGFT notifies ITC (HS), 2017 Schedule-1 (Import Policy)

January 17, 2017 8638 Views 0 comment Print

Government hereby notifies ‘Indian Trade Classification (Harmonised System) of Import Items, 2017 [ITC (HS), 2017] as enclosed in the Annexure to this Notification.

Minimum import price of Areca Nuts enhanced to Rs. 251/- per Kg

January 17, 2017 1075 Views 0 comment Print

The minimum price for import of Areca Nuts is enhanced from existing Rs. 162/- to Rs.251/- per Kilogram vide Notification No. 35/2015-2020

Income Tax Notification No. 2/2017, Dated: 17.01.2017

January 17, 2017 6814 Views 0 comment Print

Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, under sub-rule (5) of Rule 11M of the Income Tax Rules, 1962 hereby notifies the extension of the projects/schemes for a further period and/or enhanced sanctioned cost for the existing projects/schemes for exemption under section 35 AC of the Income Tax Act

Income Tax Notification No. 1/2017, Dated: 17.01.2017

January 17, 2017 6223 Views 0 comment Print

S.O.160(E).—In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to Section 35 AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare

GOI (Allocation of Business) 313th Amendment Rules, 2017

January 16, 2017 805 Views 0 comment Print

President hereby makes the following rules further to amend the Government of India (Allocation of Business) Rules, 1961, namely:- 1. (1) These rules may be called the Government of India (Allocation of Business) Three Hundred and Thirtieth Amendment Rules, 2017.

New Cash Withdrawal limits- Rs. 10K for ATMs & 100K for Current A/c

January 16, 2017 21193 Views 0 comment Print

Limit on withdrawals from ATMs enhanced to Rs.10,000/- per day per card and on withdrawal from current accounts has been enhanced to Rs.1 ,00,000/- per week.

DGFT amends Export Policy of Animal By-Products

January 13, 2017 2929 Views 0 comment Print

Central Government hereby makes the following amendment, with immediate effect, in Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of Animal By-Products.

SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2017

January 12, 2017 1192 Views 0 comment Print

No. SEBI/LAD/NRO/GN/2016-17/018.─In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby, makes the following regulations to further amend the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014

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