Category - Taxation

Amendment in notification No.214/86-Central Excises dated 25.03.1986

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the 14th June, 2016 Notification No.24/2016 – Central Excise G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944… Read More

Amendment in notification No.67/95-Central Excises dated 16.03.1995

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the 14th June, 2016 Notification No.25/2016 – Central Excise G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944… Read More

Income-tax (16th Amendment) Rules, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 22nd June, 2016 INCOME-TAX S.O. 2179(E).- In exercise of the powers conferred by section 101, read with section 295 of the Income-tax… Read More

Income–tax (15th Amendment) Rules, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi, the 20th June, 2016 S.O. 2151(E).-In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961… Read More

Clarification regarding News Report on Arrest of Tax Defaulters

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 21st June, 2016. Sub: - Clarification regarding News Report on Arrest of Tax Defaulters - reg Certain sections of the press have been carrying news reports today that Income Tax Department is going to arrest wilful defaulters… Read More

CBDT notifies no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified in clause (23DA) of section 10

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th June, 2016 No.46 /2016 INCOME-TAX S.O. (E).-In exercise of the powers conferred by sub-section (1F) of section 197A of the Incometax Act, 1961 (43 of… Read More

CBDT notifies no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th June, 2016 No. 47/2016 INCOME TAX S.O. (E).- In exercise of the powers conferred by sub-section (1F) of section 197A of the Income-tax Act,… Read More

Premature Closure of PPF Account

The Central Government hereby makes the following scheme further to amend the Public Provident Fund Scheme, 1968, namely:- Please click on below link to download the notification Premature Closure of PPF Account Read More

Rate of exchange of conversion of the foreign currency with effect from 17th June, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 87/2016 - Customs (N.T.) New Delhi, dated the 16th June, 2016 26 Jaistha, 1938 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification… Read More

Comments of stakeholders – Working Group to examine issues arising out of amendment to India-Mauritius DTAA

Government of India Ministry of Finance Department of Revenue| Central Board of Direct Taxes PRESS RELEASE New Delhi, 15th June, 2016. Sub: Comments of stakeholders - Working Group to examine issues arising out of amendment to India-Mauritius DTAA - regarding The CBDT has constituted a Working Group headed by Joint Secretary (FT&TR-II), CBDT and comprising… Read More

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