Announcement

Collapse
No announcement yet.

Latest India Tax News 25 February 2017

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Latest India Tax News 25 February 2017

    1. NCLT Tribunal can compound the offence even though the prosecution is pending against the applicants and prior permission is not necessary to compound the offence. NCLT Bengaluru Bench, In Re : Tejas Networks Ltd. and Ors. [2017].
    2. Cash purchases of jewellery will attract 1 per cent tax collected at source from April 1 if the amount exceeds Rs. 2 lakh, against the current threshold of Rs. 5 lakh.
    3. SEBI has permitted to Indian entities issuing rupee denominated bonds abroad also permit Multilateral and Regional Financial Institutions where India is a member country, to invest in rupee denominated bonds.
    4. FSSAI: Food Safety and Standards Authority of India has notified the Final Food Safety and Standards (Food Product Standards and Food Additives) Amendment Regulation, 2017 in the official gazette of India w.r.t oils, fats, oats and pasta applicable from 1st July, 2017.
    5. Ministry of Law and Justice has notified The Payment of Wages (Amendment) Act, 2017 which shall come into force on the 28th day of December, 2016.
    6. ANDHRA BANK invites applications from Chartered Accountants for empanelment as Concurrent Auditor for the year 2017-18. Last date to apply 28.02.2017. https://customer.andhrabank.in/AUDIT/.
Working...
X