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Fee for NPS Advisors-Three types of fees can be charged by retirement adviser from the subscribers to whom retirement advice had been given Ministry of Finance 18-November, 2016 Fee for NPS Advisors A Retirement Adviser can charge three types of fee from the subscribers to whom he/she has …
Action on Black Money stashed abroad.The Government has taken several steps to effectively tackle issue of black money, particularly money in abroad Ministry of Finance 18-November, 2016 Action on Black Money There is no official estimation of the amount of black money within the country and stashed …
Useful Lives for depreciation on intangible assets-Amendment to Schedule-II. Companies not required to follow IndAS to follow 2006 Rules. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 17 November, 2016 G.S.R.(E) ….In exercise of the powers conferred by sub-section (1) of section 467 of the Companies …
Myths and facts on the demonetisation Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue.
No proposal to seal bank lockers and confiscate gold/diamond jwellery-Finance Ministry tweet to clarify on various myths on the demonetisation issue Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue. Ministry said no bank lockers will be sealed. It said enforcement agencies …
IDS-2016 declarations without PAN-CBDT has asked officials to contact declarants to obtain PAN and issue Form-2 latest by 25-11-2016 The relevant text of the DO is as under: Dear Pr. Commissioners of Income-tax, It has come to my notice that some declarations under IDS, 2016 received manually without PAN are …
Exchange of old bank notes upto Rs 2000 only once. RBI has clarified in its updated FAQ that over the counter exchange can be done only once The question and answer No. 14 deals with this issue as under: 14. Can I exchange ₹ 2000 more than once? …
PF member name correction-spelling mistakes correction upto two letters and change of surname of female employees due to marriage delegated to APFC Accounts Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. of lndia) For Web Circulation Only No. WSU/10(1)2013 /Changes in MAP/21475 Dated 16th November, 2016 …
PAN requirement to open FPIs accounts-Intermediaries can verify PAN online, FPIs to provide copy of PAN card within 60 days – SEBI CIRCULAR CIR/IMD/FPIC/123/2016 November 17, 2016 To, 1. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)/ Custodian of Securities. 2. The Depositories (NSDL and …
Penalties shall followed by prosecutions-CBDT Chairman. Action shall be taken even before filing return for huge cash deposits with unmatched past profile of the assessees. CBDT Chairman Shri Sushil Chandra in his latest TV interview has hinted the impending actions that are being planned by the CBDT after 30th …
