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Prepaid Payment Instrument issuers to get Technical Audit done: RBI

December 9, 2016 1327 Views 0 comment Print

All authorised entities/banks issuing PPIs in the country are advised to: i. carry out a special audit by the empanelled auditors of Indian Computer Emergency Response Team (CERT-In) on a priority basis and take immediate steps thereafter to comply with the findings of the audit report

How to Furnish / Verify Form 27BA to remove TDS payment defaults

December 8, 2016 15199 Views 0 comment Print

Procedure for the purposes of furnishing and verification of Form 27BA for removing of default of Short Collection and/or Non Collection of Tax at Source

Upto Rs. 2000 Payment no Service tax on Debit/ Credit card merchant discount

December 8, 2016 19111 Views 7 comments Print

Government waives service tax charged while making payments through credit card, debit card, charge card or any other payment card; waiver limited to payments up to Rs. 2,000 in a single transaction

CBEC reduces import duty on wheat from 10 per cent to Nil

December 8, 2016 787 Views 0 comment Print

CBEC reduces import duty on wheat from 10% to Nil without an end date vide Notification No. 60/2016-Customs dated 8th December, 2016

SEBI Regulation on Conditions of Registration of Certain Intermediaries

December 8, 2016 1513 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Change in Conditions of Registration of Certain Intermediaries) (Amendment) Regulations, 2016.

Draft Maharashtra Real Estate (Regulation And Development) Act, 2016

December 8, 2016 8767 Views 1 comment Print

These rules may be called the Maharashtra Real Estate (Regulation and Development)(Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and Disclosures on Website) Rules, 2016.

S. 10(46) CBDT Notifies Petroleum & Natural Gas Regulatory Board

December 7, 2016 715 Views 0 comment Print

Central Government hereby notifies for section 10(46) of Income-tax Act, 1961 , Petroleum and Natural Gas Regulatory Boars in respect of following specified incomes

Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016

December 7, 2016 1261 Views 0 comment Print

These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016.

Old 500 notes cannot be used to for Bus / Rail Ticket & to pay Rail catering services wef 10.12.2016

December 7, 2016 832 Views 0 comment Print

Old 500 Rs. note cannot be used to pay following wef 10.12.2016 1. At railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets

Companies Act, 2013 provisions applicable from 15.12.2016

December 7, 2016 6859 Views 0 comment Print

Central Government hereby appoints 15th day of December, 2016 as date on which following provisions of Companies Act, 2013 (18 of 2013) shall come into force

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