Month: June 2016

Scotland First Minister’s Statement on EU Referendum Result – Scotland faces prospect of being taken out of EU against will which is unacceptable

Scotland First Minister’s Statement on EU Referendum – Scotland faces prospect of being taken out of the EU against our will. I regard that as democratically unacceptable. Scotland First Minister – EU Referendum Result First Minister Nicola Sturgeon Bute House, Edinburgh 24 June, 2016 Thank you for joining …

Facility to upload return u/s 119(2)(b) 92CD enabled for time barred delayed claim of exemption deduction or relief and modified return of income under APA

Facility to upload return u/s 119(2)(b) 92CD enabled for time barred delayed claim of exemption deduction or relief and modified return of income under APA Section 119 of the Income Tax Act, 1961 related to Instructions to subordinate authorities provides measures for the purose of efficient management of …

Increase in All Industry Rates (AIR) of Duty Drawback on gold jewellery and silver jewellery/articles-Custom Circular 30/2016

Increase in All Industry Rates (AIR) of Duty Drawback on gold/silver jewellery articles Circular No.30/2016-Customs F. No. 609/35/2016-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs New Delhi, dated 24th June, 2016 To Principal Chief Commissioners / Principal Directors General Chief …

TCS us 206C1D applicable on cash component of payment only. In case of part payment in cash and part in cheque Threshold Limit apply on cash part only

TCS us 206C1D applicable on cash component of payment only Circular No. 23/2016 F. No.370142/17 /2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) New Delhi, dated the 24th June, 2016 Subject: Amendment in Section 206C of the Income-tax Act vide Finance …

Finance Minister Statement-Brexit United Kingdom Referendum. We are well prepared to deal with the short and medium term consequences of Brexit

Government of India Ministry of Finance Press Release dated 24-06-2016 Text of the Statement by the Union Finance Minister Shri Arun Jaitley on the United Kingdom Referendum; FM: We are well prepared to deal with the short and medium term consequences of Brexit;. Our macro-economic fundamentals are sound …

Action Taken on observations/Recommendations of PAC on Non-compliance in timely submission of Action Taken Notes on the Non-Selected Audit Paragraphs

No. 12(7)/E.Coord/2016 Government of India Ministry of Finance Department of Expenditure **** North Block Delhi Dated: 22nd June, 2016. OFFICE MEMORANDUM Subject: Action Taken on the observations/Recommendations of the Public Accounts Committee contained in their Forty Second Report (16th Lok Sabha) on “Non-compliance by the Ministries/Departments in timely …