Applications Invited For Recognition Of Inspecting Authority, Competent Authority, Well-Known Material Testing Laboratory, Well-Known Steel Maker, Well-Known Foundry/Forge, Well-Known Tube/Pipe Maker And Well-Known Remanent Life Assessment Organisation Under The Indian Boiler Regulation, 1950 (IBR)
APPLICATIONS INVITED FOR RECOGNITION OF INSPECTING AUTHORITY, COMPETENT AUTHORITY, WELL-KNOWN MATERIAL TESTING LABORATORY, WELL-KNOWN STEEL MAKER, WELL-KNOWN FOUNDRY/FORGE, WELL-KNOWN TUBE/PIPE MAKER AND WELL-KNOWN REMANENT LIFE ASSESSMENT ORGANISATION UNDER THE INDIAN BOILER REGULATION, 1950 (IBR) 1. With a view to promote third party inspection/ self-certification for ease of doing business, applications are invited from the eligible… Read More
Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011
The Securities and Exchange Board of India has issued Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011. To Download the complete Regulations, please click on the link below: Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Read More
Clarification regarding taxability of consortium members
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, 7th March, 2016 Subject:Clarification regarding taxability of consortium members- reg. A Consortium of contractors is often formed to implement large infrastructure projects, particularly in Engineering. Procurement and Construction ('EPC') contracts and Turnkey Projects. To know the complete… Read More
Version of LLP Form 4-4A & Form 11 are going to be changed w.e.f March 8th, 2016
Kindly note Version of LLP Form 4-4A & Form 11 are going to be changed with effective from March 8th, 2016. All the Stakeholders are requested to plan accordingly Read More
Setting up of a dedicated structure for delivery and monitoring of tax payer services in the Income Tax Department
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 7th March, 2016 Sub: Setting up of a dedicated structure for delivery and monitoring of tax payer services in the Income Tax Department- regarding. Grievance redressal is a major aspect of citizen centric governance and is an… Read More
Prior permission not needed for transfer of CENVAT as a result of Merger/Amalgamation: CESTAT – Delhi
NO SPECIFIC STIPULATION CONTAINED IN RULE 10 OF THE CENVAT CREDIT RULES, 2004 REGARDING PRIOR PERMISSION FROM THE STATUTORY AUTHORITIES FOR TRANSFERRING THE CENVAT CREDIT AS A RESULT OF AMALGAMATION/MERGER: CESTAT A. Brief Facts of the Case: A.1 In this case, the Appellant (viz. "M/s. S.C. Johnson Products Pvt. Ltd." formerly known as… Read More
Minority Affair’s Budget Increased by Over 87 Crores for 2016-17
Minority Affair’s Budget Increased by Over 87 Crores for 2016-17 Educational and Economic Empowerment Through Skill Development:Dr.Najma Heptulla For 2016-17, the Ministry of Minority Affairs has prioritized its focus areas in tune with the National priority for educational and economic empowerment through Skill Development.Dr. Najma Heptulla, the Union Minister for Minority Affairs said that almost… Read More
Direct Tax Proposal of Budget 2016
1. People with income less than Rs 5 lakh to get deduction of Rs 5,000, up from Rs 2,000 last year. HRA deduction up from Rs. 24,000 to Rs. 60,000 p.a. 2. New manufacturing companies incorporated on or after 1.3.2016 to be given an option to be taxed at 25% + surcharge and cess provided they do… Read More
Income-tax (3rd 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] Income-tax NOTIFICATION New Delhi, the 1st March, 2016 S.O. 637 (E).─ In exercise of the powers conferred by sub-section (1) of section 249, read with section… Read More
Decision’s of CBDT clarifying various provisions of the Income-tax Act for reducing litigation and easing burden of compliance
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 3rd March, 2016 Sub: Decision’s of CBDT clarifying various provisions of the Income-tax Act for reducing litigation and easing burden of compliance – regarding. The Central Board of Direct Taxes has taken a number of decisions to… Read More
Issue of revised guidelines for stay of demand at the first appeal stage
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 3rd March, 2016 Subject: Issue of revised guidelines for stay of demand at the first appeal stage - regarding With a view to streamline the process of grant of stay of demand when the case of the… Read More
Employee Aggrieved By his Termination can move The Labour Court Where he had been employed or where the Company Headquarters Is Located: SC
A. Brief Facts of the Case: A.1 In this case, a supervisor (hereinafter referred to as the "Appellant") was employed in the Puducherry Unit by the Respondent Company (hereinafter referred to as the "Respondent") having its Registered Office in Aurangabad. The Puducherry Unit was closed and there was dispute over termination… Read More
Competition Commission of India (CCI) organizes first national conference on Economics of competition law
Shri Jayant Sinha, MoS (Finance): Present Government is pursuing a pro-poor economic policy, in which the importance of well-functioning markets cannot be over-emphasised; Competition Commission of India (CCI) organizes first national conference on Economics of competition law Shri Jayant Sinha, Minister of State for Finance said that the present Government is pursuing a pro-poor economic… Read More
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