Steps taken by Income Tax Department for safeguarding taxpayers from Phishing email
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 5 th February, 2016 Sub:– Steps taken by Income Tax Department for safeguarding taxpayers from Phishing email - regarding The Income Tax Department has been at the forefront of using technology in implementing its – e-Governance initiatives.… Read More
ONE PERSON COMPANY: A concept of modern age
Not old in some countries but new in India, One person company(OPC) is a form of business, introduced by Companies act, 2013 (no. 18 of 2013), was first recommended by the expert committee of Dr. JJ Irani in 2005, enabling sole proprietors to enter into corporate world. It is like forming a company with the… Read More
Foreign Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015
RBI/2015-16/312 A.P. (DIR Series) Circular No.47/2015-16 [(1)/11(R)] February 04, 2016 To All Category - I Authorised Dealers and Authorised Banks Madam/ Sir Foreign Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to Foreign Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015 notified vide Notification… Read More
Foreign Exchange Management (Export and Import of Currency) Regulations, 2015
RBI/2015-16/310 A.P. (DIR Series) Circular No. 45/2015-16 [(1)/6(R)] February 04, 2016 To All Authorised Persons Madam/ Sir Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 Attention of Authorised Persons is invited to Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 notified vide Notification No. FEMA.6(R)/ 2015-RB dated December 29, 2015, c.f.… Read More
Rebate of Swachh Bharat Cess paid on all services, used in providing services exported in terms of rule 6A of the Service Tax Rules
[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) NOTIFICATION No. 03/2016-Service Tax New Delhi, the 3rd February, 2016 G.S.R. .(E).- In exercise of the powers conferred by rule 6A of the Service Tax Rules, 1994, the Central Government, hereby makes… Read More
Foreign Exchange Management (Foreign currency accounts by a person resident in India) Regulations, 2015
RBI/2015-16/309 A.P. (DIR Series) Circular No.44/2015-16 [(1)/10(R)] February 04, 2016 To All Category - I Authorised Dealers and Authorised Banks Madam/ Sir Foreign Exchange Management (Foreign currency accounts by a person resident in India) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to A.D.(M.A. Series) Circular No. 11 dated May 16, 2000 in terms… Read More
Notice Inviting Comments on the Draft Companies (Auditor’s Report) Order, 2016
GOVERNMENT OF INDIA Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (AUDITOR’S REPORT) ORDER, 20216 Dated the 9th February, 2016 The Ministry had set-up a Committee on 16th September, 2015 to examine and recommend matter for inclusion in the statement to be attached with Auditor’s Report under Section 143(11) of the Companies… Read More
Notice inviting comments on the revised schedule III to the Companies Act, 2013 for a company whose financial statements are drawn up in compliance of companies (Indian Accounting Standards) rules 2015 and as amended from time to time
GOVERNMENT OF INDIA Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE REVISED SCHEDULE III TO THE COMPANIES ACT, 2013 FOR A COMPANY WHOSE FINANCIAL STATEMENTS ARE DRAWN UP IN COMPLIANCE OF COMPANIES (INDIAN ACCOUNTING STANDARDS) RULES 2015 AND AS AMENDED FROM TIME TO TIME Dated the 9th February, 2016 1. The draft revised Schedule… Read More
Version of Form 4 LLP is modified w.e.f 10th Feb 2016
The Ministry of Corporate Affairs has issued Version of Form 4 LLP which is modified with effective from 10th Feb 2016. All Stakeholders are requested to plan accordingly. Read More
Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2015
RBI/2015-16/311 A.P. (DIR Series) Circular No.46/2015-16 [(1)/9(R)] February 04, 2016 To All Category - I Authorised Dealers and Authorised Banks Madam/ Sir Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2015 notified… Read More
Foreign Exchange Management (Acquisition and Transfer of Immovable Property outside India) Regulations, 2015
RBI/2015-16/308 A.P. (DIR Series) Circular No. 43/2015-16 [(1)/7(R)] February 04, 2016 To All Category - I Authorised Dealer and Authorised Banks Madam/ Sir Foreign Exchange Management (Acquisition and Transfer of Immovable Property outside India) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to A.D.(M.A. Series) Circular No. 11 dated May 16, 2000 in terms… Read More
Growth accelerates by 48% in FDI equity inflows after Make in India
1. The growth in FDI has been significant after the launch of Make in India initiatives in September 2014, with 48 percent increase in FDI equity inflows during October 2014 to April 2015 over the corresponding period last year. In 2014-15, country witnessed unprecedented growth of 717 percent, to US $ 40.92 billion of Investment… Read More
Relaxation scheme by RBI for Start up India scheme
In paragraph 14 of the sixth bi-monthly monetary policy of Reserve Bank of India released today, the Governor highlighted the steps being taken by the Reserve Bank of India, in keeping with the Government’s initiatives to promote the ease of doing business and contribute to an eco-system conducive for growth of entrepreneurship, particularly in respect of… Read More
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