Monthly Archives: February 2016

eNPS online portal for Online Subscriber Registration & contribution

By | February 18, 2016
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Online Subscriber Registration and contribution under NPS using eNPS platform In light of Prime Minister’s “Digital India” campaign on promoting e-governance for providing last mile connectivity through extensive use of ICT (Information and Communications Technology) platforms, Pension Fund Regulatory and Development Authority (PFRDA) has been pursuing the development and operationalization of online transaction facilities for… Read More »

CBEC mandate filing of AIR by RBI and Electricity boards

By | February 18, 2016
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SERVICE TAX AND CENTRAL EXCISE (FURNISHING OF ANNUAL INFORMATION RETURN) RULES, 2016 NOTIFICATION NO.4/2016-ST, DATED 15-2-2016 In exercise of the powers conferred by section 15A, read with section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94, read with section 83 of the Finance Act,1994 (32 of 1994), the Central Government… Read More »

Eligibility Norms for selection of Statutory Auditors in Public Banks from year 2016-17 and onwards

By | February 17, 2016
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Norms on eligibility, empanelment and selection of Statutory Central Auditors in Public Sector Banks from the year 2016-17 and onwards Source : Reserve Bank of India (i) The audit firm shall have a minimum of 7 full time chartered accountants, of which at least 5 should be full time partners exclusively associated* with the firm.… Read More »

Eligibility for Selection of Auditors in Public Sector Banks for FY 2015-16

By | February 17, 2016
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Norms on eligibility, empanelment and selection of Statutory Central Auditors and Statutory Branch Auditors in Public Sector Banks for the year 2015-16 Statutory Central Auditors as Annex I and Statutory Branch Auditors as Annex II Annex I Norms on eligibility, empanelment and selection of Statutory Central Auditors in Public Sector Banks (i) The audit firm… Read More »

Policy of Empanelment of CA Firms and Selection of Auditors of PSUs

By | February 17, 2016
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Policy of Empanelment of CA Firms and Selection of Auditors of PSUs Empanelment of CA firms Chartered Accountant firms in India with at least one full time [1] FCA (Partner/Sole Proprietor) can apply for empanelment with this office for allotment of audit of Public Sector Undertakings. The criteria for empanelment and selection of statutory auditors… Read More »

Last date for Empanelment with C&AG Extended

By | February 17, 2016
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Source ICAI Last date for submission of online application form for empanelment with O/o C&AG for the year 2016-17 is extended to 22nd February, 2016. – (15-02-2016) The last date for submission of online application form for Empanelment with O/o C&AG for the year 2016-17 for audit of PSUs is extended to 22nd February, 2016… Read More »

Amendment in notification No. 12/2012-Customs, dated 17.03.2012

By | February 17, 2016
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Seeks to further amend notification No. 12/2012-Customs, dated 17.03.2012 [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 10/2016-Customs  New Delhi, the 17th February, 2016      G.S.R.     (E).- In exercise of the powers conferred by sub-section (1)… Read More »

Customs duty on electricity imported/cleared from SEZ to DTA

By | February 17, 2016
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[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. 9 /2016-Customs New Delhi, the 16th February, 2016 G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52… Read More »

Notification No. 05/2016 – Service Tax

By | February 17, 2016
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[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 CENTRAL BOARD OF EXCISE AND CUSTOMS  Notification No. 05/2016 – Service Tax   New Delhi, the 17th February, 2016> 28 Magha, 1937 Saka    G.S.R.    (E).- In exercise of the powers… Read More »