Others News

Instruction for imposition of MAT on FII

14 May 2015 at 11:05

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE 11th May, 2015 Sub: Imposition of Minimum Alternate Tax (MAT) on foreign companies particularly FIIs. Finance Minister has, while responding to

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Approval to amend the Benami Transactions (Prohibition) Act, 1988

14 May 2015 at 11:05

As a sequel to the announcement in the Budget, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to amend the Benami Transactions (Prohibition) Act, 1988 by moving of the Benami Transactions (Prohibition) (Am

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SIT recommends making tax evasion a crime

13 May 2015 at 10:32

In Chapter III of Second SIT report, the SIT has recommended as under: “Financial Action Task Force (FATF) on money laundering recommends ‘tax crimes’ to be made a predicate offence so that action can be taken under Prevention of Mo

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Special Examination in Kathmandu (Nepal)

07 May 2015 at 17:58

TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA NOTIFICATION 6 th May, 2015 No. 13-CA (EXAM)/M/2015/I: - In continuation to the Institute�s Notification No. 13-CA (EXAM)/M/2015 dated 20th January, 2015, it is notified for the gene

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Harder days for those involved in illegal money abroad says FM

02 May 2015 at 11:15

FM: Harder Days for those Involved in Illegal and Illicit Transfer of Money Across the Border; Various Steps Taken by the Present Government to Squeeze the Black Money Including Undisclosed Assets Within and Outside the Country The Union Finance Min

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CBDT fast tracks applications by trusts for Nepal earthquake

29 April 2015 at 17:18

Central Board of Direct Taxes (CBDT) Decides to Fast Track All Applications Made by Voluntary Organisations/Trusts for Rendering Help to the Victims of Earthquake in Nepal All Such Applications to be Processed Within Two Working Days of Receiving the

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CBDT to Settle FIIs Claims Under DTAA Provisions Within one Month Period

28 April 2015 at 12:38

It has come to the notice of the Board that several Foreign Institutional Investors (FIIs) receiving income from transactions in securities claim such income as exempt from tax under the Income Tax Act, 1961(�the Act�) by availing benefit

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ICSI issues Secretarial Standards approved by the Central Government

24 April 2015 at 10:05

CHIEF OF BUSINESS BUREAUICSI ISSUES SECRETARIAL STANDARDS APPROVED BY THE CENTRALGOVERNMENTICSI is the pioneer and the only institution in the world so far to have issued secretarialstandardsTO BE EFFECTIVE FROM JULY 1, 2015New Delhi, 2

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Govt decides to fix interest rate at 8.7% for GPF

21 April 2015 at 15:39

Government Decides to Fix Interest Rates at 8.7% for General Provident Fund(GPF) and other Similar Funds Including Special Deposit Scheme, 1975(SDS,1975) for Non-Government Provident, Superannuation and Gratuity Funds for the Financial Year 2015-16

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Group that will decide new scheme of education and training

20 April 2015 at 10:27

Council Affairs/M-626/2015 18th April, 2015 ALL MEMBERS OF THE COUNCILDear Sir,The President, in terms of the authority given to him by the Council at its 340th meeting held in February, 2015, has constituted a Group comprising the followin

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