Health Insurance Scheme for Economically Weaker People The Hon’ble Finance Minister in his Budget Speech for 2016-17 on 29.02.2016 announced that “Government will launch a new health protection scheme which will provide health cover up to Rs. One lakh per family belonging to poor and economically weak families”. A proposal in this regard is under… Read More »
Levy of taxes on large Airlines As per the National Civil Aviation Policy, 2016, to ensure uniformity and level playing field across various airport operators, future tariffs at all airports will be calculated on a ‘hybrid till’ basis, unless otherwise specified for any project being bid out in future. It is also provided that 30%… Read More »
IN THE ITAT CHENNAI BENCH ‘A’ G. Ramesh v. Income-tax Officer, Non-Corporate Ward -17(1), Chennai CHANDRA POOJARI, ACCOUNTANT MEMBER AND G. PAVAN KUMAR, JUDICIAL MEMBER IT APPEAL NO. 180/MDS/2016 [ASSESSMENT YEAR 2011-12] JUNE 22, 2016 Related post Section 54F can’t be denied even if house construction Incomplete Cancellation of agreement did not affect Section 54F… Read More »
CA Final Results: May 2003 – May 2016 CA Final Results of MAY 2016 1. Passing percentage of students appearing in Both Group is 11.36%.[Highest in last 7 terms][As per available data].4565 students has successfully passed both groups the numbers are highest among last 9 terms and also 4th Highest in last 27 terms / 14 years. 2. Passing percentage of students only… Read More »
Rs.22, 915 crore allocated for the capitalization needs of Public Sector Banks during the year 2016-17 In line with the announcements made under Indradhanush and the Union Budget, Government has undertaken an exercise to assess the capitalization needs of Public Sector Banks during the year 2016-17. The capital infusion exercise for the current year is… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 14th July, 2016 [INCOME TAX] S. O. 2425(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act,1961 (43 of 1961), read with proviso to sub-rule (7)… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] MINISTRY OF HEALTH AND FAMILY WELFARE (FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA) NOTIFICATION New Delhi, the 13th July, 2016 F. No. 2-15015/30/2012.—Whereas the draft of the Food Safety and Standards (Licensing and Registration of Food Businesses) Amendment Regulations, 2015, were published as required under sub-section… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] ALL INDIA COUNCIL FOR TECHNICAL EDUCATION NOTIFICATION New Delhi, the 12th July, 2016 F.No. 2-2/D-NSQF/U.S Infra/2016.—In exercise of its powers conferred by Sub-section (1) of Section 23 read with Section 10 and Section 11 of the All India Council for Technical Education Act, 1987 (52 of… Read More »
RBI/2016-17/21 DCM (NE) No.G-1/08.07.18/2016-17 July 18, 2016 The Chairman and Managing Director / The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir Master Circular – Facility for Exchange of Notes and Coins Please refer to the Master Circular DCM (NE) No.G-2/08.07.18/2015-16 dated July 01, 2015 containing instructions on the facility for… Read More »