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Notifications

FATCA Rules for registration, due diligence & information maintenance

June 20, 2016 4084 Views 0 comment Print

Central Government with respect to registration of persons, due diligence and maintenance of information, and the Central Board of Direct Taxes for matters relating to statement of reportable accounts, hereby make the following rules further to amend the Income-tax Rules, 1962, namely:-

Reg. Exemption from DGFT licence to operate air transport services

June 20, 2016 892 Views 0 comment Print

Policy condition 1 (e) of Chapter 88 of ITC (HS), 2012 is being revised to indicate exemption from DGFT licence for persons who have been granted permission to operate air transport services by Ministry of Civil Aviation and thereon DGCA has granted permission to import aircraft on that basis.

1% Lesser Interest on Premature closure of PPF Account

June 18, 2016 4771 Views 0 comment Print

3(C) A subscriber shall be allowed premature closure of his account or the account of a minor of whom he is a guardian, on a written application to the Accounts Office, on any of the following grounds, namely, (i) that the amount is required for the treatment of serious ailments or life threatening diseases of the account holder, spouse or dependent children or parents, on production of supporting documents from competent medical authority.

No TDS on payment to payment systems company authorised by RBI

June 17, 2016 7456 Views 1 comment Print

Notification No. 47/2016 No TDS deduction shall be made on payments of nature specified below, in case such payment is made by a person to a bank listed in the Second Schedule to Reserve Bank of India Act, 1934, excluding a foreign bank, or to any payment systems company authorised by RBI U/s. 4(2) of Payment and Settlement Systems Act, 2007,

No TDS on S. 10(23DA) payment received by securitisation trust

June 17, 2016 9463 Views 0 comment Print

Notification No. 46/2016-Income Tax- No TDS on payments of nature specified in clause (23DA) of section 10 of Income Tax Act received by any securitisation trust as defined in clause (d) of Explanation to section 115TC

Notification No. 38/2016-Customs Dated:17.06.2016

June 17, 2016 4495 Views 0 comment Print

G.S.R. 611(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance

Date for Enrolment as Facilitators for Startups in Patents & Trade Marks

June 16, 2016 1549 Views 0 comment Print

Accordingly, it is notified that all individuals and institutions who wish to apply as Facilitators for Startups in Patents & Designs and Trademarks may refer to the SIPP scheme details and Guidelines for facilitators and follow the procedure for registration, Form, terms and conditions etc. already available in the official website (www.ipindia.nic.in), and submit their applications on or before 10th July, 2016.

Notification No. 37/2016-Customs Dated: 16.06.2016

June 16, 2016 2593 Views 0 comment Print

Seeks to further amend notification No. 27/2011-Customs, dated 01.03.2011 so as to impose export duty of 20 on raw sugar, white or refined sugar GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 37/2016-Customs New Delhi, the 16th June, 2016 G.S. R. 607 (E).-In exercise of the powers conferred by sub-section (1) of […]

Content Regulation in Government Advertising – regarding

June 16, 2016 679 Views 0 comment Print

Hon’ble Supreme Court has also directed that in lieu of the photographs of the Prime Minister and the Chief Ministers, the photograph of the Departmental (Cabinet) Minister/Minister In-charge may be published, if so desired.

Employees’ Pension (Fourth Amendment) Scheme, 2016

June 16, 2016 3688 Views 0 comment Print

In exercise of the powers conferred by section 6A read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Pension Scheme, 1995, namely :-

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