RBI/2014-15/626 DBS.CO.ARS.BC.8/08.91.001/2014-15 June 2, 2015 CMD of Nationalized Banks Chairman SBI MD of Associate Banks of SBI Madam/Dear Sir, Submission of Long Form Audit Report (LFAR) by Concurrent Auditors In terms of enclosure 1 of RBI circular DBS.CO.PP.BC.11/11.01.005/2001-2002 dated April 17, 2002 all the banks were advised, inter alia, as under: LFAR in respect of…
DetailsW.e.f. 01-Jun-15, PAN & TAN application fees have been revised as given below: 1.For dispatch of PAN card in India:- Rs. 106 (inclusive of service tax). 2.For dispatch of PAN card outside India: – Rs. 985 (inclusive of service tax). 3.For TAN applications:- Rs. 63 (inclusive of service tax) Google Plus Google Community Facebook Twitter
Details7 June 2015 – Due date for deposit of Tax deducted/collected for the month of May, 2015 15 June 2015 – First instalment of advance income-tax in the case of a company for the assessment year 2016-17 22 June 2015 – Due date for issue of TDS Certificate for tax deducted under Section 194-IA in…
DetailsNew ITR forms has been released by IT Dept. for FY 15-16. Excel and Java utility is yet to be made available but PDF forms are available. Changes noted in ITR-1 If anyone is having Aadhar Number, it needs to be provided in ROI. Which will be used for EVC system introduced as mentioned above.…
DetailsThe Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for continuation of the minimum pension of Rs. 1,000/- per month to the pensioners of Employees’ Pension Scheme, 1995 (EPS) beyond the financial year 2014-15 on perpetual basis. Currently, it is effective only upto March, 2015. The Cabinet also approved…
DetailsObjectives To mobilize the gold held by households and institutions in the country. To provide a fillip to the gems and jewellery sector in the country by making gold available as raw material on loan from the banks. To be able to reduce reliance on import of gold over time to meet the domestic demand.…
DetailsGovernment of India Ministry of Finance Department of Revenue Tax Research Unit D.O.F.No.334/5/2015-TRU New Delhi, May 19, 2015 Dear Principal Chief Commissioner / Chief Commissioner / Director General, The Finance Bill, 2015, has received the assent of the Honorable President and has been notified. In the Budget, 2015, certain amendments in the Finance Act, 1994…
DetailsIn the Union Budget, 2015, an increase in the rate of Service Tax from 12.36% to 14% had been proposed from a date to be notified. The Finance Bill, 2015 has since been enacted and the Central Government has notified 1st June, 2015 as the date from which the rate of 14% would become applicable.…
DetailsThe Reserve Bank of India has advised all public sector banks and some private sector and foreign banks to appoint an internal ombudsman. The internal ombudsman would be designated Chief Customer Service Officer (CCSO), it has stated. The CCSO should not have worked in the bank in which he/she is appointed as CCSO. The Reserve…
DetailsRBI/2014-15/601 DPSS.CO.PD.No.2163/02.14.003/2014-2015 May 14, 2015 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Authorised Card Payment Networks Madam / Sir Card Payments – Relaxation in requirement of Additional Factor of Authentication for small value card present…
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