Month: June 2017
Financial Resolution and Deposit Insurance Bill 2017-Cabinet approves proposal to introduce the Bill paving way for setting up of Resolution Corporation Ministry of Finance Press Release 14-June, 2017 Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017 The Union Cabinet chaired by the Prime …
Carry forward of service tax credit in GST by Telecom Service Providers, who have been allotted Spectrum in auction conducted in 2016 Ministry of Finance Press Release 14-June, 2017 Carry Forward of unavailed Cenvat Credit in respect of assignment of right to use any natural resource under GST; …
Application Invited for 1st National CSR Awards in 4 categories. Last date for submission and nominations online or through print is 18th June 2017 Ministry of Corporate Affairs Press Release 14th June, 2017 Entries Invited for 1st National Corporate Social Responsibility (CSR) Awards in 4 categories; National CSR …
INFOMERICS approved as credit rating agency for banks risk weighting for capital adequacy claims purposes in addition to existing 6 domestic agencies-RBI Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) – Eligible Credit Rating Agencies – INFOMERICS Valuation and Rating Pvt Ltd. (INFOMERICS) …
Government emphasizes that GST is scheduled to roll-out on 01-07-2017. CBEC in coordination with State Govt. has increased Outreach Programmes Ministry of Finance Press Release 13-June, 2017 Government emphasizes that Goods and Services Tax (GST) is scheduled to roll-out on 1st July, 2017; CBEC in coordination with the …
IRDAI Appoints Administrator for Sahara Insurance Company, said it is acting prejudicial to the interests of holders of life insurance policie Public notice Appointment of Administrator for M/s Sahara India Life Insurance Company Ltd. The IRDAI has reasons to believe that M/s Sahara India Life Insurance Co. Ltd., …
Exemption to Advocates from registration under GST. New addition to the list of service tax exemptions to be continued in GST as per Decisions in 16th meeting of GST Council Decisions in regard to Services taken by the GST Council in the 16th meeting held on 11th of …
TDS u/s 194-I not to apply to Passenger Service Fees (PSF) by an Airline to an Airport Operator-CBDT accepts Bombay High Court Judgment Circular No. 21/2017 F.No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 12th June, 2017 …
Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment on application of seized/requisitioned assets Circular No.20/2017 F. No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated12th June, 2017 Subject: Applicability of Explanation 2 …
Trade advances are not deemed dividend u/s 2(22)(e) as they do not fall within the ambit of the word ‘advance’ Circular No. 19/2017 F.No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Central Board of Direct Taxes New Delhi, Dated 12th June, 2017 Sub: Settled View on section 2(22)(e) …
