Daily Archives: January 5, 2017

Employees’ Pension Scheme -Aadhaar number mandatory- Govt Notification

By | January 5, 2017

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 4th January, 2017 S.O. 26(E).—Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies the Government delivery processes, brings in transparency and efficiency, and enables beneficiaries to get their entitlements directly in a convenient and seamless manner and Aadhaar… Read More »

Compensation / profit sharing in Securities by Employees – Take prior approval : SEBI

By | January 5, 2017

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 3rd January, 2017 SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (THIRD AMENDMENT) REGULATIONS, 2016 No. SEBI/LAD-NRO/GN/2016-17/025.─In exercise of the powers conferred by section 11, sub-section (2) of section 11A and section 30 of the Securities and Exchange Board of India Act, 1992… Read More »

Exchange Rate of Foreign Currency w.e.f 06.01.2017

By | January 5, 2017

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.147/2016-CUSTOMS (N.T.), dated 15thDecember, 2016, except as respects things done or omitted… Read More »

Benami Property Explained via Video Tutorial

By | January 5, 2017

Benami Property in India Related Post Particulars Reference Date Benami Transactions (Prohibition) Amendment Act, 2016 (BTP Amendment Act). NO. 43 OF 2016 11th August, 2016  Rules and all the provisions of the BTP Amendment Act shall come into force on 1stNovember, 2016 S.O. 3289(E) 25th October, 2016 Prohibition of Benami Property Transactions Rules 2016 G.S.R.… Read More »

GST #Issue5 : Pay GST on Services by Overseas branch office to Head Office in India

By | January 5, 2017

 GST on Services by Overseas branch office to Head Office in India As per the Revised Model GST Law released in Nov 2016 definition of Import of Service has been amended and the person needs to pay GST on Services by Overseas branch office to Head Office in India. “Import of service” as per Revised Model GST… Read More »

Redressal of Income Tax grievances within 30 days : CBDT

By | January 5, 2017

Addl. DIRECTOR GENERAL OF INCOME TAX (Tax Payer Services)-II, Ministry of Finance, Govt. of India E-2, ARA Centre, Jhadewalan Ext., New Delhi-110055 Phone No. 011-23519117, Fax No. 011-23593268 F. No. ADG(TPS-II)/CPGRAMS/2016-17/334 Dated: 29.12.2016 To, The Pr. Chief Commissioners (CCA) / Chief Commissioners of Income Tax, Ahmedabad/ Allahabad/ Amritsar /Bangalore/Baroda/Bhopal/Bhubneshwar / Bareily / Chandigarh/ Chennai/ Cochin/… Read More »

Form of Declaration under Employees Enrolment Campaign 2017

By | January 5, 2017

EMPLOYEES’ PROVIDENT FUND ORGANISATION No. Coord/3(1)2016/EPF Member Enrolment Scheme,2017 Date: 03/01/2017 To, All ACCs in charge of Zones All RPFC-I/RPFC-II In-charge of Regional/Sub-Regional Offices Sub: Form of Declaration under Employees Enrolment Campaign, 2017 Sir, The Central Government in exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the… Read More »

26 FAQ’s on Employees Enrolment Campaign 2017

By | January 5, 2017

 Employees Enrolment Campaign 2017 EMPLOYEES’ PROVIDENT FUND ORGANISATION (Ministry of Labour Employment, Govt. of India) Head Office Bhavishya Nldhi Bhaawan, 14, Bhikaji Came Place, New Delhi – 110 066. No. Coord/3(1)2016/EPF Member Enrolment Scheme, 2017  Date: 04.01.2017 To, All ACCs in charge of Zones All RPFC-I/RPFC-II In-charge of Regional/Sub-Regional Offices Sub:- Employees  Enrolment Campaign, 2017-… Read More »

9 Most Important Documents for Filing Income Tax Return in India

By | January 5, 2017

9  most Important Documents for Filing Income Tax Return in India 1 Pan Card: This card is issued by the income tax department to each person and on it is mentioned a unique alphanumeric ten digit code. Through this code, the government can keep track of all the financial transactions of any person and this card… Read More »

IRS Protect Your Client; Protect Yourself Tax

By | January 5, 2017

 IRS Protect Your Client; Protect Yourself Tax Tip Number 5 Safeguarding Taxpayer Data – Secure Your Office Tax professionals can help protect taxpayer data by looking around their own offices. It’s more important than ever that tax professionals take aggressive steps to protect taxpayer information. Securing office space is as important as securing computers. In… Read More »

SEBI Guidelines for participation of Eligible Foreign Investors & FPIs in IFSC

By | January 5, 2017

CIRCULAR IMD/HO/FPIC/CIR/P/ 2017/ 003 January 04, 2017 To, 1. All Stock Exchanges and Clearing Corporations in International Financial Services Centre (IFSC) 2. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)/ Custodian of Securities (“Custodians”). 3. All DDPs/ Custodian of Securities. 4. The Depositories (NSDL and CDSL) Sir/ Madam, SUBJECT: Guidelines for participation/functioning… Read More »

SWIFT online clearance in exports ; Indian Customs Single Window for Export

By | January 5, 2017

Circular No. 1/2017-Customs F.No.450/101/2016-Cus-IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Room 227B, North Block New Delhi, dated the 4th January, 2017 To, All Chief Commissioners of Customs / Customs (Preventive), All Chief Commissioners of Customs and Central Excise, All Principal/ Commissioners of Customs / Customs (Preventive),… Read More »

Budget 2017-Consultations with Finance Ministers of all States/ UTs by Arun Jaitley

By | January 5, 2017

The Union Finance Minister Shri Arun Jaitley holds Pre-Budget consultations with the Finance Ministers of all States/ UTs (with legislature); FM: Various steps taken by the Central Government in recent past to unearth black money will help in curbing corruption and making the Indian economy more cleaner, transparent and efficient; Asks the States to work… Read More »

CBDT signs 3 more Advance Pricing Agreements relating to Engineering Goods & Shipping sectors.

By | January 5, 2017

Central Board of Direct Taxes signs three more Advance Pricing Agreements pertaining to the Engineering Goods and Shipping sectors. With this, the total number of APAs entered into by the CBDT reaches 120. The Central Board of Direct Taxes (CBDT) has started the year 2017 by entering into three unilateral Advance Pricing Agreements (APAs) today.… Read More »