Daily Archives: July 2, 2016

PVAT 2013 extended to Chandigarh with modifications

By | July 2, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 29th June, 2016 G.S.R. 636(E).—In exercise of the powers conferred by section 87 of the Punjab Reorganisation Act, 1966 (31 of 1966), the Central Government hereby extends to the Union territory of Chandigarh, the Punjab Value Added Tax… Read More »

Ban lifted on direct or indirect export to Iran or import from Iran

By | July 2, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 29 June, 2016 No. 13/2015-2020 Subject: Amendment in Para 2.18 of Foreign Trade Policy (FTP) 2015-2020 S.O. 2236(E).— In exercise of the powers conferred by Section 5 of the… Read More »

Procedure for authorization for export to Iran of specified items in SCOMET list.

By | July 2, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) PUBLIC NOTICE New Delhi, the 29th June, 2016 No. 19/2015—2020 Sub: Insertion of sub-para VIII in paragraph 2.74 (Inter-Ministerial Working Group) in Handbook of Procedures 2015-2020 F. No.01/091/171/39/AM07/PC-III (EC).— In exercise of powers… Read More »

Appellate Authority to hear Appeals under Railway Servants (Hours of Work and Period of Rest) Rules 2005

By | July 2, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 27th June, 2016 S.O. 2239(E).—In exercise of the powers conferred by Rule 4(2) of the Railway Servants (Hours of Work and Period of Rest) Rules, 2005 under Section 136 of the Indian Railways Act, 1989 (24 of… Read More »

Sale of excess flue cured virginia tobacco produced by unregistered growers in AP

By | July 2, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 28th June, 2016 S.O. 2240(E).—Whereas, the Central Government has been informed by the Tobacco Board that a large number of registered growers have cultivated flue cured virginia tobacco in excess of the authorised quantity… Read More »

Rotation of Auditor u/s 139 : MCA removed diffculty

By | July 2, 2016

[To be published in the Gazette of India, Extraordinary, Part ll, section 3, sub-section (ii)l Government of India Ministry of Corporate Affairs ORDER New Delhi, the 3oth June, 2016. S.O. _ (E). – Whereas, the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on… Read More »

Establishments Employing >= 10 Workers to be covered under Model Shops and Establishments bill 2016 to cover

By | July 2, 2016

Model Shops and Establishments (Regulation of Employment and Conditions of Service) Bill, 2016 to Boost Employment Generation in General, Specially for Women: Shri Bandaru Dattatreya To Cover Shops and Establishments Employing Ten or more Workers Except Manufacturing Units Provides for more Worker Welfare Measures The Model Shops and Establishments (Regulation of Employment and Conditions of… Read More »

Income Declaration Scheme: Govt. assures complete confidentiality

By | July 2, 2016

Income Declaration Scheme: Government assures complete confidentiality Scheme not be extended beyond September 30 : Revenue Secretary  The Government has assured complete confidentiality to those declaring their income under the Income Declaration Scheme 2016.  Addressing a press conference in Mumbai today, the Revenue Secretary, Government of India Shri Hasmukh Adhia said  “no source will be… Read More »

Central excise registration by Jeweller : Time limit extended

By | July 2, 2016

Extension of time limit for taking central excise registration of an establishment by a jeweller The Central Government today announced that the time limit for taking central excise registration of an establishment by a jeweller is being extended up to 31.07.2016. The liability for payment of central excise duty will be with effect from 1st… Read More »

Rents Paid Deduction under Income tax Act : Section 80GG Income Tax

By | July 2, 2016

  Rents Paid Deduction under Income Tax Act 1961 Section 80GG An individual can claim deduction under section 80GG if rents paid by him but not receiving any HRA from the employer. Conditions for Claiming Deduction of Rent Paid :- The least of following is allowed as deduction: a) Rent paid in excess of 10% of total… Read More »