Monthly Archives: September 2016

Counters to receive IDS declaration open till the midnight of 30th September 2016

By | September 16, 2016

F. No. 225/233/2016-ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 15th of September, 2016 OFFICE MEMORANDUM The last date for making declaration under the Income Declaration Scheme (I.D.S.), 2016 is 30th September, 2016 and hence the declarations can be filed till… Read More »

Transmission of Securities procedure standardized and simplified by SEBI

By | September 16, 2016

CIRCULAR SEBI/HO/MIRSD3/CIR/P/2016/0000000085 September 15 , 2016 To All recognized Stock Exchanges All Registrars to an Issue and Share Transfer Agents registered with SEBI All Depositories, Sir / Madam, Sub: Standardization and Simplification of Procedures for Transmission of Securities 1. With a view to make the process of transmission of securities more efficient and investor friendly,… Read More »

Book on Transfer Pricing With Transfer Pricing Audit -2016 Edition

By | September 16, 2016

Guide To Transfer Pricing With Transfer Pricing Audit (ENGLISH)  (Paperback, TAXMANN) This Book on Transfer Pricing contains detailed provisions on Transfer pricing as amended by Finance Act 2016 (India) You can Click to BUY this book online Features of Book on Transfer Pricing With Transfer Pricing Audit Language: ENGLISH Binding: Paperback Publisher: TAXMANN Genre: Professional ISBN: 9789350719121, 9350719126 Publication Year… Read More »

List of Income Tax Benefits for Salaried Employees [AY 2017-18]

By | September 16, 2016

Income Tax Benefits for Salaried Employees [AY 2017-18] BUY Salaried persons constitute a large chunk of total taxpayers in India and their contribution to total tax collection is substantial. The document includes brief introduction and tax treatment of various allowances and perquisites available to an employee, inter-alia, house rent allowance, gratuity, provident fund and so forth.… Read More »

No Extension for issuances and full migration to EMV Chip and PIN cards : RBI

By | September 15, 2016

RBI/2016-17/63 DPSS.CO.PD No.812/02.14.003/2016-17 September 15, 2016 All Scheduled Commercial Banks including RRBs/ Co-operative Banks / State Co-operative Banks/ Central Co-operative Banks/ Authorised Card Payment Networks Dear Madam / Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards A reference is invited to our… Read More »

CBDT clarifies unconfirmed reports speculating Income Disclosure Scheme (IDS) 2016

By | September 15, 2016

CBDT clarifies unconfirmed reports speculating on the taxpayers’ response to the currently on-going Income Disclosure Scheme (IDS) 2016 Certain sections of the press have been speculating on the taxpayers’ response to the currently on-going Income Disclosure Scheme (IDS) 2016 over the last couple of days. The Central Board of Direct Taxes (CBDT) would like to… Read More »

Exchange Rate of Foreign Currency w.e.f 16.09.2016

By | September 15, 2016

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 (CBEC) No.119/2016-CUSTOMS (N.T.), dated 1st September, 2016, except as respects things done… Read More »

Direct Tax Dispute Resolution Scheme can be availed upto 31.12.16 :CBDT

By | September 15, 2016

Direct Tax Dispute Resolution Scheme, 2016 which has come into force from 1st June, 2016, can be availed up to 31st December, 2016. Dated 15.09.2016 Litigation is a scourge for a tax friendly regime. In order to reduce the pending litigation, the Direct Tax Dispute Resolution Scheme, 2016 (the Scheme) has come into force from… Read More »