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Taxclick Team, Author at All About Finance - Page 56 of 97

Electronic Filing of Income Tax Returns for 2015-16 is commenced

Press Information Bureau Government of IndiaMinistry of Finance 01-July-2015 17:43 IST Electronic Filing of Income Tax Returns for 2015-16 Commences; ITR 1-Sahaj, 2 and 2A can be Used by Individuals or HUF Whose Income Does not Include Income from Business;  ITR 4S – SUGAM can be Used by an Individual or an HUF Whose Income Includes … Read more

Dr. Raghuram Rajan did not suggest that there was any risk of the world economy – clarified by RBI

A section of the press has mis-characterized Governor Dr. Raghuram G. Rajan’s remarks at the AQR conference at London Business School on June 25, as saying “the world is at risk of a Great Depression”. What Governor Rajan did say, in his remarks made off the attached written text, was that the policies followed by … Read more

Due date for exchanging old series of Banknotes issued prior to 2005 is further extended to 31st December 2015

RBI/2014-15/650DCM(Plg) No.G-15/5486/10.27.00/2014-15 June 26, 2015 The Chairman / Managing Director / Chief Executive OfficerAll Scheduled Commercial BanksPrimary (Urban) Co-operative Banks/RRBs Dear Sir /Madam Withdrawal of all old series of Banknotes issued prior to 2005 Please refer to our circular DCM (Plg) No. G-19/3880/10.27.00/2013-14 dated March 03, 2014, DCM (Plg) No. G-8/3004/10.27.00/2014-15 dated December 31, 2014 and the Press Release … Read more

Time for filing of Notice of appointment of the Cost Auditor and filing of cost audit report for the F.Y. 2015-16 is extended

2.               in view of the delay in availability of revised Form CRA-2 on the MCA21 portal, however, the additional fee on account of any delay beyond the prescribed period of 30 days from the date of Board Meeting in which the appointment of the Auditor was made for filing of CRA-2 for the financial year … Read more

All officers and authorities of the sales tax department are hereby instructed to accept the correspondence and letters including cancellation of Assessment Orders under section 23(11)

8th floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010 TRADE CIRCULAR (u/s 10(10) of the MVAT Act,2002) To, Trade Circular No. 8 T of 2015 It has recently come to notice through representations and letters that Authorities refuse to accept correspondence and applications addressed to their office, result being that such letters and correspondence then are readdressed to … Read more

Canara Bank invited applications for empanelment as Concurrent Auditors for the period from 01.07.2015 to 30.06.2016

Canara Bank invites applications from the eligible/interested Proprietary Concerns / Firms / Companies for empanelment as Concurrent Auditors for conducting Concurrent Audit in the identified 650 branches / units for the period from 01.07.2015 to 30.06.2016.  Terms and conditions for Appointment, Fee structure, Methodology for application/ selection, conducting audit/reporting and review of performance of the … Read more

The minimum price for import of Areca Nuts is enhanced from existing Rs.110/- to Rs.162/- per Kilogram

GOVERNMENT OF INDIA NOTIFICATION No. 10/2015-2020  New Delhi, the 8th June, 2015. The CIF value of Areca Nuts under the following Exim Codes of Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy) is revised from the present ‘Rs.110/- and above per Kilogram’ to ‘Rs. 162/- and above per Kilogram’. The revised entries shall … Read more

Certain provisions of the Companies Act, 2013, shall not apply to the private company

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th June, 2015 G.S.R.__ (E). –  In exercise of  the powers  conferred by clauses (a) and (b) of sub-section (1) of section 462 and in pursuance of sub-section (2) … Read more

Scheme for Payment of Pension to Government Pensioners by Authorised Banks – FAQ

Scheme for Payment of Pension to Government Pensioners by Authorised Banks The Reserve Bank of India (the Reserve Bank) oversees disbursement of pension by its agency banks in respect of all Central Government Departments and some State Governments. In the process, it receives queries/complaints from pensioners in regard to fixation, calculation and payment of pension … Read more