Day: November 22, 2016

Special measures to incentivise Electronic Payments-Enhancement in issuance limits for PPIs, Special measures for merchants

Special measures to incentivise Electronic Payments-Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs), Special measures for merchants Reserve Bank of India Special measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs) in India (ii) Special measures for merchants RBI/2016-17/150 DPSS.CO.PD.No.1288/02.14.006/2016-17 …

India-Switzerland Declaration for Exchange of Information from September 2019 onwards of accounts held by Indian residents for 2018 and subsequent years

India-Switzerland Declaration for Exchange of Information from September 2019 onwards of accounts held by Indian residents for 2018 and subsequent years Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 22nd November, 2016 PRESS RELEASE Sub: Signing of ‘Joint Declaration’ by …

Fixation of brand rates for custom drawback Revised procedure-Declaration by applicants and certificate from chartered-cost accountant. Circular-54/2016

Fixation of brand rates for custom drawback Revised procedure-Declaration by applicants and certificate from chartered-cost accountant. Circular 54/20 16-Customs F.No.609/84/20 16-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise and Customs Drawback Division New Delhi dated 22nd Nov 2016. To Principal Chief Commissioners/ …

Service Tax jurisdiction-online information-database access-retrieval services provided from non-taxable territory-Notification

Service tax Jurisdiction-online information-database access-retrieval services provided from non-taxable territory. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 50/2016-Service Tax New Delhi, the 22nd November, 2016 G.S.R.—(E).- In exercise of the powers conferred by clause (b) of section 2 of the Central Excise Act, 1944 (1 …

Keyman Insurance Policy of partner of firm allowable as business expenditure. CBDT accepts High Court Judgments vide Circular No. 38/2016

Keyman Insurance Policy of partner of firm allowable as business expenditure. CBDT accepts various High Court Judgments on the subject. CIRCULAR NO . 38/2016 F.No.279/Misc./140/2015-ITJ Government  of India Ministry of Finance Central Board of Direct Taxes ****** New Delhi, Dated 22nd November , 2016 Subject: Admissibility of expenditure …

Fraud in withdrawal of new bank notes by bank officials in connivance with miscreants. RBI warns banks of strict compliance and record maintenance

Fraud in withdrawal of new bank notes by bank officials in connivance with  miscreants. RBI warns banks of strict compliance and record maintenance. Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices RBI/2016-17/147 DCM …