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IRDA: Conditions to adopt existing health insurance product
INSURANCE REGULATORY ANDDEVELOPMENT AUTHORITY OF INDIACIRCULARRef. No. IRDA/HLT/CIR/CSC/097/05/201703rd May, 2017ToAll the General and Health Insurers,Re: Offering Existing Health Insurance Products t...
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IRDA clarifies on Classification of General Insurance Products as Retail or Commercial
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIAIRDA/NL/GDL/F&U/109/05/2017 3rd May, 2017The Chairman-Cum- Managing Directors/Chief Executive Officers ofGeneral Insurance CompaniesRe: Classific...
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IBBI constitutes Committee to lay down Technical Standards
Press Information Bureau Government of IndiaMinistry of Corporate Affairs04-May-2017 13:24 ISTThe Insolvency and Bankruptcy Board of India (IBBI) constitutes Technical Committee to lay down Technical...
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No need to Submit FATCA Self-Certification Form for your PRAN under NPS
Mail Sent on 04.05.2017 saying that account will not be blocked on non-Submission of FATCA Self-Certification Form for your PRAN under NPSDear Sir/Madam,As per the latest instruction received from PFR...
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SC Guideline for Listing of urgent matters during Vacations
SUPREME COURT OF INDIAF.No. 169/Judl./2017May 1, 2017CIRCULAR1. It is hereby notified for the information of all concerned that the following norms/guidelines have been laid down for listing of urgent...
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CBI arrests Mumbai CIT & 5 others in alleged bribery case & recovers Rs. 1.50 crore
CBI arrests a Commissioner of Income Tax and five others in an alleged bribery case and recovers Rs. 1.50 crore (approx)The Central Bureau of Investigation has arrested a Commissioner of Income Tax (A...
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Annual Report on Advance Pricing Agreement Programme of India
Advance Pricing Agreement (APA) Programme of IndiaAnnual Report (2016-17)Central Board of Direct Taxes April 2017ANNUAL REPORT ON INDIA’S ADVANCE PRICING AGREEMENT (APA) PROGRAMME – 2016-17INTRODUCTIO...
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Resolve duplicate PAN requests marked during PAN allotment: DIT
DIRECTORATE OF INCOME TAX (SYSTEM)ARA Center, Ground Floor, E-2, Jhandenwalan Extension,New Delhi -110055F.No. PDGIT(S)/ADG(S)-1/ITBA-PAN Instructions/0001/2016 -26Dated: 11.4.2017To,The Principal Chi...
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Reg. Creation of Computer Terminal Banks in Income Tax Offices
Tel No. 011-23519077Fax No. 011-23528887E-mail dgft.systems@incometax.gov.inPR. DIRECTOR GENERAL OF INCOME TAX (SYSTEMS)A R A Centre, Ground Floor. E-2, Jhandewalan ExtensionNew Delhi -110055S. S Rath...
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Don’t rely merely on Head Notes / Placitum of Law Journals: HC
HIGH COURT OF MADHYA PRADESH : JABALPURMEMO No. 649/2017 Dated 27 April, 2017 III-2-9/40 Pt.-I (F.No.-9)To,The District & Sessions Judge,During the assessment of judgments of Judicial Officers, it is...
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CBDT Signs 2 More Unilateral Advance Pricing Agreements
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 28th April, 2017.PRESS RELEASESigning of 2 More Unilateral Advance Pricing Agreements by CBDTThe Cent...
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Cyprus seeks Indian investments to enhance ties: Nicos Anastasiades
H.E. Mr Nicos Anastasiades, Hon`ble President of the Republic of Cyprus urged Indian industry to invest in the country`s key areas including banking and finance, shipping and transportation, education...
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Do not share or Publish personal details of taxpayer: CBDT
F.No.402/14/2017-ITCCGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes***North Block, New Delhi,Dated 25th April,2017OFFICE MEMORANDUMSubject:- Data Sharing-Comp...
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ASSOCHAM advocates MAT exemption for sick companies under debt restructuring
Apex Industry body ASSOCHAM has advocated continuation of the exemption from MAT (Minimum Alternative Tax) by the insertion of a suitable substitution of or addition to the Income Tax Act in respect o...
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Draft of clarifications to Ind AS 115 Revenue from Contracts with Customers
Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers – (26-04-2017)Following is the Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Custome...
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CBDT direct Pr. CITs to maintain cleanliness in Income Tax Premises
GOVERNMENT OF INDIAMinistry of Finance/Department of RevenueCentral Board of Direct TaxesNorth Block, New Delhi-110001E-mail : chairmancbdt@nic.inTele : 23092648 &Telefax : 23092544SUSHIL CHANDRAChair...
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Income Tax Circular No.17 of 2017 dated: 26.04.2017
Circular No.17 of 2017 – Corrigendum to Circular No. 13/2017 dated 11.04.2017 on the Clarification regarding Liability to income – tax in India for a non – resident seafarer receiving salary in NER (N...
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Not recommended to tax Farm Income: NITI Aayog
Clarification on news reports regarding NITI Aayog’s Draft Three Year Action Agenda, published on 26th April, 2017Several newspaper reports published on April 26th, 2017, state that NITI Aayog or its...
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Govt has no plan to impose any tax on agriculture income: FM
FM : The Central Government has no plan to impose any tax on agriculture incomeFollowing is the text of the Union Finance Minister Shri Arun Jaitley’s Statement on the subject to impose tax on agricul...
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Aayakar Seva Kendras (ASK) be made as a Transaction Centre
Telefax 011- 23411131, 011- 23411129Fax 011- 23411780DIRECTORATE OF INCOME-TAX (TPS-I)Ministry of Finance, Department of Revenue5th Floor, Mayur Bhawan, Connaught CircusNew Delhi-110001E-mail : delhi....