Community & General News

Repo rate further reduced by 25 basis points

06 April 2016 at 11:02

First Bi-monthly Monetary Policy Statement, 2016-17 By Dr. Raghuram G. Rajan, Governor Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has

Posted in Community & General | 2 comments | 8529 Views

Prime Minister to launch the "Stand up India scheme" on April 5th,2016

04 April 2016 at 10:51

Prime Minister will be launching the �Stand up India scheme� and a Web portal for the scheme on 05th April, 2016 at Sector 62, NOIDA. It will be attended by Governor, UP, Union Finance Minister, Union Minister for Culture and Tourism and

Posted in Community & General | 5 comments | 8934 Views

Gold Monetisation Scheme liberalized to make it more attractive

02 April 2016 at 11:26

Gold Monetisation Scheme Liberalized to make it more attractive for potential depositors. Government had launched the Gold Monetisation Scheme (GMS) on 5th November, 2015. Thereafter a number of modifications have been made in the scheme to facilita

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Banking hours open till midnight on 31st March

31 March 2016 at 10:57

In view of closing of the current financial year and to facilitate the tax-payers in payment of taxes, the Reserve Bank of India has issued instructions vide notification RBI/2015-16/342 dated March 17, 2016 directing all agency banks to keep the cou

Posted in Community & General | 11484 Views

MCA notifies CARO 2016

31 March 2016 at 10:57

MCA notifies CARO 2016PFA the attachment for details

Posted in Community & General | 5 comments | 14496 Views

Central Govt. cuts PPF interest rate to 8.10% from 8.7%

20 March 2016 at 11:56

Interest Rates on various Small Savings Schemes for the 1st Quarter of 2016-17 notified;. Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC e

Posted in Community & General | 5 comments | 13182 Views

Real estate bill becomes a reality

16 March 2016 at 11:15

Lok Sabha clears Real Estate Bill as passed by Rajya Sabha Shri Venkaiah Naidu clarifies various issues of the Bill Real Estate Bill is Prime Minister’s Gift to the Nation, says Shri NaiduThe Bill shall have a bearing on the ongoing projects an

Posted in Community & General | 9450 Views

No change in the existing tax treatment of PPF after budget

01 March 2016 at 17:17

Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS) There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment

Posted in Community & General | 15411 Views

Budget Highlights Indirect taxes

01 March 2016 at 11:48

Amendments made effective immediately� The Clean Energy cess is to be renamed as Clean Environment cess. The effective rate of Clean Energy cess proposed to be increased from Rs.200 per tonne to Rs.400 per tonne .� Infrastructure cess is to

Posted in Community & General | 1 comments | 19035 Views

Significant changes in International Taxation after Budget

01 March 2016 at 11:48

Significant Budget Highlights 2016-17- International Taxation 1. Increase in Surcharge Surcharge is increased from 12% to 15% in case of non-resident individuals

Posted in Community & General | 4 comments | 12951 Views