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Records found : 9296 of 9296
IRDAI Circular No: IRDAI/NL/CIR/RIN/021/01/2017 (16-Jan-2017) Date of enforcement of Reg 28(9) of IRDAI (Registration and Operations of Branch offices of Foreign Reinsurers other than Lloyds) Regulations, 2015 amended vide notification dated 28.01.2016
The Authority has recently granted R 3 (Certificate of Registration) to 5 foreign reinsurers’ branches as well as one Indian Reinsurer. It has now been decided that Regulation 28(9) of IRDAI  16-Jan-2017 read more
Ministry of Finance Press Release (14-Jan-2017) Finance Ministry says that it respects the autonomy and independence of the Reserve Bank of India
There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India  14-Jan-2017 read more
Ministry of Finance Press Release (13-Jan-2017) Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold And Silver Notified
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do  13-Jan-2017 read more
Ministry of Finance Press Release (13-Jan-2017) Signing of Bilateral Advance Pricing Agreement by CBDT
Central Board of Direct Taxes (CBDT) entered into a Bilateral Advance Pricing Agreement (BAPA) on the 13th of January, 2017 with Indian subsidiary of a Japanese trading company. Recently, the CBDT has also modified an existing Bilateral APA with another Indian subsidiary  13-Jan-2017 read more
Maharashtra Appropriation (Second Excess Expenditure) Act, 2016 (13-Jan-2017)
An act to provide for the authorisation of appropriation of moneys out of the Consolidated Fund of the State to meet the amounts spent on certain services during the financial year ended on the thirty-first day of March 2011, in excess of the amounts granted for those services and for that year  13-Jan-2017 read more
IRDAI Circular No: IRDAI/ACT/REG/PRD/014/01/2017 (12-Jan-2017) Constitution of a Committee on Review of Product Regulations-Life
The Insurance Regulatory and Development Authority of India (IRDAI) had notified the IRDA (Linked Insurance Products) & IRDA (Non-Linked Insurance Products) Regulations, 2013 in February, 2013  12-Jan-2017 read more
Central Excise - Non Tariff Notification No. 03/2017 - CUSTOMS (N.T.) (12-Jan-2017) Amendment in Notification No. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIR of duty drawback
Amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 131/2016 - Customs (N.T.), dated the 31st October, 2016, published vide number G.S.R. 1018 (E), dated the 31st October, 2016  12-Jan-2017 read more
Service Tax (Amendment) Rules, 2017 (12-Jan-2017)
Amend the Service Tax Rules, 1994  12-Jan-2017 read more
IRDAI Circular No: Ref. IRDA/ENF/MISC/ONS/ 008 /01/2017 (11-Jan-2017) Final Order in the matter of M/s/ HDFC Standard life Insurance Company Limited
Based on reply to Show Cause Notice dated 3rd October, 2016 and submissions made during Personal Hearing chaired by Mrs. V. R. Iyer, Member (F&l), Insurance Regulatory and Development Authority of India (IRDAI) on 30th November, 2016 at 11:00 a.m. at the office of Insurance Regulatory and Development Authority of India, 3rd Floor, Parishrama Bhavanam, Basheerbagh, Hyderabad  11-Jan-2017 read more
Ministry of Finance Press Release (11-Jan-2017) On demonetization, Finance Minister Shri Arun Jaitley says that difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them. Stressing the implementation of GST, FM says that most of the issues have been resolved; few critical issues are left which will be resolved in the next few weeks
Union Finance Minister Shri Arun Jaitley reiterated the advantage of taking bold and courageous decisions to transform Indian economy. He said difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them  11-Jan-2017 read more
Maharashtra Settlement of Arrears in Disputes (Amendment) Act, 2016 (11-Jan-2017)
Amend the Maharashtra Settlement of Arrears in Disputes Act, 2016  11-Jan-2017 read more
Maharashtra Finance Department Order No:Shasau-10.16/Para No.1/Sa.U (11-Jan-2017) To treat non refundable loan sanctioned to MAFCO ltd. as refundable loan to make entry of loan amount with interest under Proper Head of Account
To treat non refundable loan sanctioned to MAFCO ltd. as refundable loan to make entry of loan amount with interest under Proper Head of Account  11-Jan-2017 read more
IRDAI Circular No: Ref: IRDA/HLT/REG/CIR/005/01/2017 (10-Jan-2017) Clarifications in respect of the provisions of IRDAI (Health Insurance) Regulations 2016 and Guidelines on Product Filing in Health Insurance
Reference is invited to the provisions of Guidelines on Product Filing in Health Insurance notified vide ref: IRDA/HLT/REG/CIR/150/07/2016 dated 29th July, 2016 (hereafter referred as the Guidelines). Under the powers vested in Regulation 2 (i) (o) read with Regulation 39 of IRDAI (Health Insurance) Regulations, 2016  10-Jan-2017 read more
IRDAI Circular No: Ref: IRDA/HLT/REG/CIR/006/01/2017 (10-Jan-2017) Partial Modification of the provisions of Guidelines on Standardization in Health Insurance
Reference is invited to the provisions of Guidelines on Standardization in Health Insurance notified vide ref: IRDA/HLT/REG/CIR/146/07/2016 dated 29th July, 2016  10-Jan-2017 read more
Ministry of Finance Press Release (10-Jan-2017) Income Tax Department receives Silver Award for e-filing of Income Tax Returns project in the National Awards on e-Governance 2016-17
Income Tax Department is proud to announce that it has been conferred the Silver Award in the National Awards on e-Governance-2016-17 for the e-filing of Income Tax returns and other forms project in the category “Incremental Innovations” in existing projects  10-Jan-2017 read more
Income Tax Notification No. 3/2017 (10-Jan-2017) Agreement between the Government of the Republic of India and the Government of Republic of Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes
Notifies that all the provisions of the said Agreement and Protocol between the Government of Republic of India and the Government of Republic of Cyprus for the avoidance of double taxation and the Prevention of Fiscal evasion with respect to taxes on income as set out in the annexure hereto  10-Jan-2017 read more
1. Vaishnav Transformer, 2. Vijay Kumar Jain, Proprietor Purity Cables VS Union of India & Anr
The Delhi High Court held that a rate contract need not be for supply of an unlimited quantity. A seller may have a limited supply capability or may agree to offer a limited quantity at a given price. Restricting the rate contract to only those sellers who can supply unlimited quantity would disentitle the departments from purchasing the item economically from a seller who is able to supply, only a limited quantity, at a lower rate. Thus, there can be situations, under a rate contract, where for the same item, there are multiple rates. This would not prejudice the departments because the departments would always be at liberty to place orders on the seller who is offering the lowest price for the item. As such, the writ petition was dismissed.  10-Jan-2017 read more
Ministry of Finance Press Release (09-Jan-2017) Tax collection figures for the period April -December 2016 show a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year i.e. April-December 2015
Direct Tax and Indirect tax collection figures for the period April 2016 to December 2016 have shown a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year  09-Jan-2017 read more
Ministry of Finance Press Release (09-Jan-2017) Auction for Sale (Re-issue) of Government Stock
Government of India have announced the Sale (re-issue) of (i) “6.84 per cent Government Stock 2022” for a notified amount of Rs. 2000 crore  09-Jan-2017 read more
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