Day: August 31, 2016

Form 15G-15H filing due date extension for quarterly furnishing of declarations to Oct and Dec 2016

Form 15G-15H filing due date extension  F. No. DGIT(S)/CPC(TDS)/DCIT/15GH/2016-17 Government of India Ministry of Finance Central Board of Direct Taxes (CBDT) Directorate of lncome-tax (Systems) New Delhi.                                       Notification No. 10/2016                                        …

Simplification and liberalisation of FDI Policy 2016 in various sectors to provide ease of doing business in the country

Simplification and liberalisation of FDI Policy 2016 in various sectors Ministry of Commerce & Industry Press Release 31-08-2016 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post-facto approval for the FDI policy amendments announced by the Government on 20th June, 2016. The FDI …

Initiatives taken to revive Indian Construction Sector by the Government under the Chairmanship of Prime Minister Shri Narendra Modi

Initiatives taken to revive Indian Construction Sector Press Release  31-August, 201 The Cabinet Committee on Economic Affairs under the Chairmanship of Prime Minister Shri Narendra Modi has approved today a series of initiatives to revive the Construction Sector. These initiatives include: (i)     PSUs/Departments may seek the consent of the …

Permanent Residency Status to Foreign Investors approved by Indian Government. PRS will be granted for a period of 10 years with multiple entry

Permanent Residency Status to Foreign Investors Press Release 31-August, 2016 The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors subject to the relevant conditions as specified in the FDI Policy notified …

CPC Bengaluru deemed PrCIT-CIT for IDS 2016 e-declaration furnished electronically under digital signature u/s 183 of the Finance Act 2016

CPC Bengaluru deemed PrCIT-CIT for IDS 2016 e-declaration furnished electronically under digital signature u/s 183 of the Finance Act 2016 Circular No.31 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, dated 30th August, 2016 In continuation …

Closure of financial accounts under Rule 114H (8) of the Income-Tax Rules 1962 under alternative procedure of FATCA where self certifications not obtained

Closure of financial accounts under Rule 114H(8) of the Income-Tax Rules, 1962 under alternative procedure of FATCA where self certifications not obtained. Ministry of Finance Press Release 31-August, 2016 Closure of financial accounts under Rule 114H (8) of the Income-Tax Rules, 1962 under alternative procedure of FATCA The …