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Taxclick Team, Author at All About Finance - Page 83 of 97

Taxclick TeamTaxclick Team

This is the team of the finance profession who, update the site on daily basis. The team is also responsible for giving the update as earliest and also give the timely reply to the quires asked by the visitors. The team can be reached at info@taxclick.org.

Documents required for application of Import Export Code (IEC)

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List ofTo be published in the Gazette of India Extraordinary Part-I, Section (I) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi  Public Notice.  79   /(RE-2013)/2009-2014 Dated the 31 December, 2014   Subject: Amendments in “Detailed Guidelines for Issue / Modification of Importer Exporter Code Number (IEC)” as notified vide … Read more

24×7 Customs clearance facility would be made available to 13 more airports in respect of all export goods and to 14 more sea ports in respect of specified import and export goods

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Circular No. 19/ 2014-Customs F. No. 450/25/2009-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) *****   Room No. 229-A, North Block New Delhi, dated 31.12.2014 To, All Chief Commissioners of Customs/Customs (Preventive) All Chief Commissioners of Customs and Central Excise All Commissioners of Customs/Customs (Preventive) All … Read more

Export of buffalo tallow has been permitted if export is from APEDA registered integrated meat plants -DGFT Notification

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To be Published in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section (ii))  Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan  Notification No 104 (RE – 2013)/2009-2014 New Delhi, Dated: 31 December, 2014   Subject: Permission for export of buffalo tallow.   S.O.(E)        In exercise of the powers … Read more

Revised format of reporting for representative Offices of Foreign Banks in India

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RBI/2014-15/374DBR.IBD.No.9745/23.13.001/2014-15 December 31, 2014 The Chief RepresentativeAll Representative Offices of Foreign Banks in India Madam/Dear Sir, Revised format of reporting – Representative Offices of Foreign Banks in India Representative Offices of foreign banks in India are currently required to submit information/documents on an annual basis to Reserve Bank of India as under: a certificate from … Read more

Income Tax due date calendar for the first quarter (January to March) of the calender 2015

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January, 2015 Wednesday, January 7, 2015 Due date for deposit of Tax deducted/collected for the month of December, 2014 Wednesday, January 7, 2015 Due date for deposit of TDS for the period October 2014 to December 2014 when Assessing Officer has permitted quarterly deposit of TDS under sections 192, 194A, 194D or 194H. Thursday, January 15, 2015 Quarterly statement of … Read more

FFIs need to register with the US IRS and obtain a Global Intermediary Identification Number (GIIN) – SEBI Circular

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CIRCULAR  CIR/MIRSD/6/2014                                                                                     December 30, 2014   All Intermediaries registered with SEBI   Sub: Registration for the purpose of Foreign Accounts Tax Compliance Act (FATCA)     2.    The Government of India has informed SEBI vide communication dated December 30, 2014 that as per the FAQ published on the US Internal Revenue Service (IRS) website, Foreign … Read more

FFIs who have registered with IRS but have not obtained a GIIN should indicate to the withholding agents that the GIIN is applied for

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RBI/2014-15/372DBR. AML.No. 9644/14.07.018/2014-15 December 30, 2014 The Chairpersons / CEOs of all Scheduled Commercial BanksRRBs/Local Area Banks / All India Financial Institutions Dear Madam/Sir, Inter-Governmental Agreement (IGA) with United States of America (US)under Foreign Accounts Tax Compliance Act (FATCA)- Registration Please refer to our circular DBOD. AML. No. 20472 /14.07.018/2013-14 dated June 27, 2014 on the captioned … Read more

RBI liberalize certain regulations of Overseas Direct Investments by Indian Party

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RBI/2014-15/371A.P. (DIR Series) Circular No.54 December 29, 2014 To All Category – I Authorised Dealer Banks Madam / Sir, Overseas Direct Investments by Indian Party – Rationalization / Liberalization Attention of the Authorised Dealer (AD – Category I) bank is invited to Regulation 18 and 18A of Notification No. FEMA.120/RB-2004 dated July 7, 2004 [Foreign Exchange Management … Read more

Government to set up Saffron Production & Export Development Agency – (SPEDA)

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Government has approved setting up of the Specialized Agency under the Spices Board with the nomenclature of ‘Saffron Production & Export Development Agency (SPEDA) to be headquartered at Srinagar (J&K) to plan and implement programmes for development and promotion of exports of quality saffron.  The agency will be set up by the Spices Board in … Read more

Amendments made in the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013

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The Act came into effect from 01.01.2014 but it has been reported that many difficulties are being faced in its implementation.  In order to remove them, certain amendments have been made in the Act to further strengthen the provisions to protect the interests of the ‘affected families’.  In addition, procedural difficulties in the acquisition of … Read more