Daily Archives: February 22, 2016

Specified Income of Competition Commission Exempted

By | February 22, 2016

NOTIFICATION NO. SO 530(E) [NO.8/2016 (F.NO.196/32/2014-ITA-I)], DATED 19-2-2016 In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purpose of the said clause, the Competition Commission of India, a Commission established under sub-section (1) of section 7 of… Read More »

NABARD allowed to issue 5000 Crore Tax Free Bonds

By | February 22, 2016

NOTIFICATION NO. SO 520(E) [NO.6/2016 (F.NO.178/1/2016-ITA-I)], DATED 18-2-2016 In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance… Read More »

IRDA notified Rules for Inspection and Fee for supply of Copies of Returns filed by Insurance entities

By | February 22, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART III —SEC. 4] INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 17th February, 2016 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (INSPECTION AND FEE FOR SUPPLY OF COPIES OF RETURNS) REGULATIONS, 2015 F. No. IRDAI/Reg/2/114/2016..—In exercise of the powers conferred by section 114 A(2) (h) and… Read More »

Atal Pension Yojana notified for 80CCD of Income tax Act

By | February 22, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th February, 2016 Income-tax S. O. 529(E).— In exercise of the powers conferred by sub-section (1) of section 80CCD of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby… Read More »

Rules Notified for filing Insurance Appeal to Securities Appellate Tribunal

By | February 22, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 17th February, 2016 G.S.R. 179(E).—In exercise of the powers conferred by sub-section (1) and clause (lb) of sub-section (2) of section 114, read with sub-sections (2) and (6) of section 110 of the Insurance Act,… Read More »

First Batch of 20 Smart cities to Launch City Projects by june 25 ,2016

By | February 22, 2016

Government asks 20 cities to launch smart city projects by June 25 this year Smart City competition city neutral ; good if competition brought pressure on political leadership, says Shri Venkaiah Naidu Minister of Urban Development Shri M. Venkaiah Naidu today asked the first batch of 20 cities selected in the first round of competition… Read More »

Toll Plazas to issue Toll receipts in the standard format

By | February 22, 2016

NHAI Takes Measures For Improving The Functioning Of Toll Plazas Taking a serious note of complaints about lack of uniformity in operations and misbehaviour by the staff of toll plazas, the National Highway Authority of India has issued a “Code of Conduct” for the Toll Plaza operators. NHAI contractors/ concessionaires are mandatorily to comply with… Read More »

Bihar Joins UDAY Scheme

By | February 22, 2016

Bihar Joins “UDAY” Scheme ; Sixth State to Sign MOU State Would Derive an Overall Net Benefit of rs.9000 Crore Through “UDAY” The Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) under the… Read More »