Subject: Affordable Care Act Assurance Testing System (AATS) Information Returns Tax Year 2016/Processing Year 2017 Tax Year 2016 ACA AATS will open for testing on November 7, 2016 for Information Returns that will be processed in 2017. Special instructions about the functionality of AATS will be included on the AIR Program page. A2A Channel users: As a… Read More »
Foreign Trusts, Tax Year 2014 Foreign Trusts, Tax Year 2014—One table from the Foreign Trust study is now available on Tax Stats. The table presents data from Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner, and includes statistics for the number of returns, income, expenses, assets and net worth for Tax… Read More »
ACA and Employers: Terms to Know about Offers of Health Coverage Under the Affordable Care Act, certain employers – known as applicable large employers – are subject to the employer shared responsibility provisions. You might be thinking about these topics as you make plans about 2017 health coverage for your employees. If you are an… Read More »
RBI/2016-17/78 A.P. (DIR Series) Circular No. 05 October 06, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Import Data Processing and Monitoring System (IDPMS) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.65 dated April 28, 2016 read with Section 5 of the Foreign Exchange Management… Read More »
Priority Sector Lending – Revised Reporting System RBI/2016-2017/79 FIDD.CO.Plan.CO.BC.No.17/04.09.001/2016-17 October 6, 2016 The Chairman / Managing Director / Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Madam/Dear Sir, Priority Sector Lending – Revised Reporting System Priority Sector guidelines were revised vide circular FIDD.CO.Plan.BC.54/04.09.01/2014-15 dated April 23, 2015. Accordingly, quarterly and annual monitoring… Read More »
RBI/2016-17/80 DBR.NBD.No.25/16.13.218/2016-17 October 6, 2016 Chief Executive Officers of Payments Banks Madam / Dear Sir, Operating Guidelines for Payments Banks Please refer to the Guidelines for Licensing of Payments Banks (‘Licensing Guidelines’) dated November 27, 2014, under which in-principle approvals/ licences were issued to the applicants for setting up of the payments banks. 2. The… Read More »
RBI/2016-17/81 DBR.NBD.No.26/16.13.218/2016-17 October 6, 2016 Chief Executive Officers of Small Finance Banks Madam / Dear Sir, Operating Guidelines for Small Finance Banks Please refer to the Guidelines for Licensing of Small Finance Banks (‘Licensing Guidelines’) dated November 27, 2014, under which in-principle approvals / licences were issued to the applicants for setting up of the… Read More »
Forms MGT-15, FC-3, INC-4 , MGT-14 and Refund Form are likely to be revised on MCA21 Company Forms Download page w. e. f 8th OCT 2016. Stakeholders are advised to check the latest version before filing. MGT-15 is for Form for filing Report on Annual General Meeting. FC-3 is for Annual accounts along with the list… Read More »
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.124/2016 – Customs (N.T.) New Delhi, dated the 06 October, 2016 14 Asvina, 1938 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of… Read More »
Seeks to impose anti-dumping duty on Narrow woven Fabrics [Hook and Loop Velcro Tapes] of specified types, originating in or exported from Peoples Republic of China for a period of five years [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF… Read More »