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Type Archives - Page 110 of 124 - All About Finance

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Amendments in Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

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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 Finance (Department of Revenue) (Central Board of Excise and Customs)   Notification No.114/2014 – Customs (N. T.)   New Delhi, 15th December, 2014 24  Agrahayana, 1936 (SAKA)   S.O. … (E).– In exercise of the powers conferred by sub-section … Read more

Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee’s Al Qaida Sanctions List – RBI Circular

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RBI/2014–15/355DBR.AML.No.8888/14.06.001/2014-15 December 15, 2014 The Chairpersons / CEOs of all Scheduled Commercial Banks, Regional Rural Banks /Local Area Banks / All India Financial Institutions Madam/Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee’s Al Qaida Sanctions List Please refer to our circular DBR.AML No.7820/14.06.001/2014-15 dated November 26, 2014 on … Read more

Exemption from the duties of Customs to goods imported for donation for the relief and rehabilitation of people affected by the floods in the State of Jammu and Kashmir up to 31st March 2015

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   New Delhi dated the 11th December, 2014   Notification No. 33/2014-Customs   G.S.R.   (E).-   In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, … Read more

CBDT Directs Various Assessing Officers to Finalize the Assessments for all Actionable Cases, whose names are appearing in the HSBC List – Second Report of SIT on Black Money Released

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Press Information Bureau  Government of India Ministry of Finance 12-December-2014 16:33 IST Relevant Portions of the Second Report of the Special Investigation Team (SIT) on Black Money Released; On the Directions of SIT, CBDT Directs Various Assessing Officers to Finalize the Assessments for all Actionable Cases (427), whose names are appearing in the HSBC List … Read more

Audit of the Service Tax assessees by the officers of Service Tax and Central Excise Commissionerates – Circular No. 181/7/2014-Service Tax

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Circular No. 181/7/2014-Service Tax F. No. 137/46/2014-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs     New Delhi, the 10th December, 2014   To,   All Principal Chief Commissioners / Chief Commissioners of Central Excise/Service Tax      Principal Directors General/ Director General Service Tax/ DGCEI/Systems/ Audit All Principal … Read more

How to become a Fellow Member of ICAI on the basis of service?

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Regulation 5 (3) of the Chartered Accountants Regulations, 1988 provides for eligibility to become a fellow member of the Institute on the basis of service in specified industries and organizations An associate member is eligible for admission as a Fellow Member if he/she satisfies the eligibility conditions laid down under Regulation 5(3) of the Chartered … Read more

CPE hours requirements for the members of ICAI for the block period of three years (1-1-2014 TO 31-12-2016)

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 A. All the members (aged less than 60 years) who are holding Certificate of Practice (except all those members who are residing abroad) are required to: a)   Complete at least 90 CPE credit hours in a rolling period of three-years. b) Complete minimum 20 CPE credit hours of structured learning in each calendar year. C)   … Read more

Anti-dumping duty on imports of Clear Float Glass originating in or exported from Pakistan, Saudi Arabia and United Arab Emirates (UAE)

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   Notification No. 48/2014-Customs (ADD)   New Delhi, the 11th December, 2014               G.S.R.     (E). – Whereas in the matter of imports of Clear Float Glass of nominal thicknesses ranging from 4mm … Read more

Income Tax rate for individual for assessment year 2014-2015 (Part-1 of Circular 17/2014)

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CIRCULAR NO : 17/2014  F.No. 275/192/2014-IT(B) Ministry of Finance Central Board of Direct Taxes   Dated    10th December, 2014         2. RATES OF INCOME-TAX AS PER FINANCE (No. 2) ACT, 2014: As per the Finance (No. 2) Act, 2014, income-tax is required to be deducted under Section 192 of the Act from income … Read more

Method of calculation of salary and computation of average income tax (Part – 2 of Circular 17/2014)

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3. SECTION 192 OF THE INCOME-TAX ACT, 1961: BROAD SCHEME OF TAX DEDUCTION AT SOURCE FROM “SALARIES”:     3.2  Payment of Tax on Perquisites by Employer: An option has been given to the employer to pay the tax on non-monetary perquisites given to an employee. The employer may, at its option, make payment of … Read more