Income Tax Department conducted searches in about 2534 groups of persons led to admission of undisclosed income of about Rs. 45,622 crore apart from seizure of undisclosed assets (cash, jewellery etc) worth about Rs. 3,625 crore As part of enforcement measures and based upon credible evidence of tax evasion and other serious violations of provisions… Read More »
Unclaimed Deposits in Banks and Insurance Companies The details of the unclaimed deposits reported by various banks under Section 26 of Banking Regulation Act (BR Act), 1949 are as follows: As of Unclaimed Deposits (Rs. in crores) 31.12.2013 5124.98 31.12.2014 4998.27 31.12.2015 6835.40 The details of unclaimed amount reported by the life and non-life… Read More »
Electoral bonds scheme aims to cleanse the system of funding of political parties Electoral bonds scheme is one of the announcements made in the budget for the FY 2017-18 to cleanse the system of funding of political parties, wherein, an amendment is being proposed to the RBI Act to enable the issuance of electoral bonds… Read More »
LAW COMMISSION OF INDIA Report No.266 The Advocates Act, 1961 (Regulation of Legal Profession) March, 2017 Download Report No.266 -The Advocates Act 1961 Related Post Disciplinary Control Over Lawyers – Supreme Court Directions to Law Commission of India
Supreme Court Directs Law Commission of India to Revisit the Provisions Relating to Regulation of Disciplinary Control Over Lawyers Under the Advocates Act (Press Note) The recent judgment of the Supreme Court in the case of Mahipal Singh Rana v. State of UP, AIR 2016 SC 3302, directed the Law Commission of India to revisit… Read More »
Goa Budget Speech 2017
International Workers and PF and Pension Payment on Date of Leaving Service Employees’ Provident Fund Organisation File No IWU/7/(25)/2017 / Payment of PF and Withdrawal Benefits/34140 Dated 23.03.2017 Payment of PF and withdrawal benefit under Pension Scheme on the date of leaving service to International Workers -Regarding. Instruction were issued vide circular No. CSD-I/CPGRAMS/Pragati E-… Read More »
GST Bills must be Passed in Current Session: Jaitley Finance minister Arun Jaitley has said legislation related to goods and services tax (GST) will have to be passed in the ongoing budget session, pointing out that the Centre and the states would otherwise lose their right to collect indirect taxes after September 15. Replying to… Read More »
Introduction to the National Pension System (NPS) (Video created in March 2017) This video explains NPS, highlights it’s unique features, benefits for individuals, employees & employers, customized investment options and the process.
Basic Corporate Accounting- B.Com. (CBCS) (Set of 2 Volumes) (2nd Edition 2017) Paperback – 2017 by Bhushan Kumar Goyal (Author) A UGC recommended authentic and comprehensive text book on’Basic Corporate Accounting’ for B.Com [Three years (6-Semester)CBCS Programme of Central Universities throughout India] It has been written in a systematic manner for easier understanding of the various… Read More »