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Notifications

Export of onions will be subject to a MEP of US$ 425 F.O.B. per MT.

June 26, 2015 538 Views 0 comment Print

Export of onion for the item description at Serial Number 51 & 52 of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted subject to a Minimum Export Price (MEP) of US$ 425 F.O.B. per Metric Ton or as notified by DGFT from time-to-time.

Reg. TDS on any income of Category I & II Alternative investment fund

June 24, 2015 17554 Views 3 comments Print

Notification No. 51/2015 – Income Tax Central Government hereby notifies that no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified in clause (23FBA) of section 10 of the said Act received by any investment fund as defined in clause (a) of the Explanation 1 of section 115UB of the said Act. NOTIFICATION NO. 51/2015 Dated- 24th June, 2015

Notification No. 50/2015 – Income Tax Dated 24.6.2015

June 24, 2015 778 Views 0 comment Print

Notification No. 50/2015 – Income Tax S.O. 1683(E).— In exercise of the powers conferred by section 295 read with sub-clause (viii) of Explanation to sub-section (2) of section 288 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to

Prohibition on import of milk & milk products from China extended till 23.6.2016

June 24, 2015 709 Views 0 comment Print

Prohibition on import of milk and milk products (including chocolates and chocolate products and candies/confectionary/ food preparations with milk or milk solids as an ingredient) from China is extended for one more year, i.e., till 23.6.2016 or until further orders, whichever is earlier.

Online Payment of EPF not Mandatory for employers remitting contribution below Rs. 1 lakh per month

June 24, 2015 13307 Views 4 comments Print

The Central Government in exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the EPF&MP Act 1952 has notified amendments in Paras 38(1) and 48 of EPF Scheme, 1952 making it mandatory for employers to pay the statutory

Online Payment of EPF Mandatory with effect from 5th May, 2015

June 24, 2015 7869 Views 0 comment Print

This Scheme may be called the Employees’ Provident Funds (Second Amendment) Scheme, 2015. In the Employees’ Provident Funds Scheme, 1952 (hereafter referred to as Principal Scheme), in sub-paragraph ( ) of paragraph 38,‑ (i) for the words by separate hank drafts or cheques, the words electronic through internet banking of the State Bank of India or any other Nationalised Bank authorized for collection shall be substituted.

CBDT notifies ITR-1, ITR-2, ITR-2A and ITR-4S to be filed for AY 2015-16

June 22, 2015 38993 Views 0 comment Print

Notification No. 49/2015 – Income Tax Dated: June 22, 2015 S.O. 1660 (E).– In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-

Observe punctuality Offices- Govt tells babus

June 22, 2015 1319 Views 0 comment Print

Instructions have been issued from time to time with regard to the need to observe punctuality by Government servants. Responsibility for ensuring punctuality in respect of their employees rests within Ministries/ Departments/ Offices.

Notification No. 48/2015 – Income Tax Dated 18/6/2015

June 18, 2015 319 Views 0 comment Print

Notification No. 48/2015 – Income Tax S.O. 1635(E).—In exercise of the powers conferred by clause (46) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, “West Bengal Electricity Regulatory Commission”, a Commission

Notification No. 47/2015 – Income Tax Dated 18.6.2015

June 18, 2015 454 Views 0 comment Print

Notification No. 47/2015 – Income Tax S.O. 1634(E).—In exercise of the powers conferred by clause (46) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, “Punjab State AIDS Control Society”, a body constituted by the Government of Punjab, in respect of the following specified income arising to that body, namely

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