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How a person not having PAN can submit Form No. 60

April 5, 2018 14811 Views 0 comment Print

Under electronic verification, the individual or a person (not being a company or firm) who does not have a permanent account number and who enters into any transaction specified in under Rule 114B of the Income-tax Rules, 1962, shall make a declaration in Form No. 60 giving therein the particulars of such transaction electronically using electronic verification.

SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2018

April 5, 2018 966 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2018. 2. They shall come into force on the date of their publication in the Official Gazette.

CBDT Releases ITR 1 to ITR 7 for Financial Year 2017-18 / A.Y. 2018-19

April 3, 2018 93588 Views 18 comments Print

CBDT releases Forms Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V as applicable for Financial Year 2017-18 or Assessment Year 2018-19.

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2018

April 2, 2018 1176 Views 0 comment Print

1. These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2018. 2. These regulations shall come into force on October 1, 2018.

CBIC imposes 10% BCD on Camera Module and Connectors of cellular mobile phones

April 2, 2018 1845 Views 0 comment Print

Seeks to further amend notification No. 50/2017-Customs dated 30.06.2017 so as to withdraw exemption from BCD on Camera Module and Connectors of cellular mobile phones and impose 10% BCD on them.

CBIC imposes BCD on Camera Module & Connectors of cellular mobile phones

April 2, 2018 960 Views 0 comment Print

Seeks to further amend notification No. 25/2005-Customs dated 01.03.2005 so as to withdraw exemption from BCD on Camera Module and Connectors, of cellular mobile phones and impose 10% BCD on them.

CBIC imposes BCD on PCBA of cellular mobile phones

April 2, 2018 1161 Views 0 comment Print

Seeks to further amend notification No. 24/2005-Customs dated 01.03.2005 so as to withdraw exemption from BCD on Printed Circuit Board Assembly (PCBA) of cellular mobile phones and impose 10% BCD on them.

CBIC imposes 10% BCD on PCBA, Camera Module & Connectors of cellphone

April 2, 2018 2064 Views 0 comment Print

Seeks to further amend notification No. 57/2017-Customs dated 30.06.2017 so as to withdraw exemption from BCD on Printed Circuit Board Assembly (PCBA), Camera Module and Connectors, of cellular mobile phones and impose 10% BCD on them.

CBIC imposes 10% BCD on populated, loaded or stuffed printed circuit boards

April 2, 2018 2775 Views 0 comment Print

Seeks to increase tariff rate of BCD on populated, loaded or stuffed printed circuit boards, falling under tariff item 8517 70 10, of the First Schedule to the Customs Tariff Act, 1975 from Nil to 10%.

Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR)

April 2, 2018 2358 Views 0 comment Print

Please refer to Master Circular DBR.No.BP.BC.6/21.04.141/2015-16 dated July 1, 2015 on the captioned subject. Banks are required to mark to market (MTM) the individual scrips in Available for Sale (AFS) at quarterly/more frequent intervals and Held for Trading (HFT) at monthly/more frequent intervals and provide for net depreciation, if any.

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