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Bill - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Amendment of section 10. - Interest on deposit certificates ...

Bill

February 29, 2016

Amendment of section 10. - Interest on deposit certificates issued under the Gold Monetisation Scheme, 2015 notified by the Central Government shall also be exempted from income-tax.

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  1. The deposit certificates issued under the Gold Monetisation Scheme, 2015 from the definition of capital asset will be excluded from the scope of Capital Assets w.e.f. 1.4.2016

  2. Gold Monetisation Scheme Liberalized to make it more attractive for potential depositors

  3. Gold Deposit Scheme, 1999 - Amendment in Notification No. GSR 634(E), dated 14-9-1999 - Notification

  4. Amendment in Chapter 2 of the Handbook of Procedure (2015-20) - Amendment in procedure for seeking modification in IEC is notified.

  5. Amendment of Appendix 2B [List of Agencies Authorised to issue Certificate of Origin (Preferential)] of Foreign Trade Policy, 2015-2020. - Public Notice

  6. Extension to Integrated Goods and Service Tax (IGST) and compensation Cess exemption under EOU scheme till 01.10.2018 — Amendments to Foreign Trade Policy 2015-20

  7. NEW FTP 2015-20 - Scrips issued under Exports from India Schemes can be used to pay Customs Duty, Central Excise Duty and Service Tax and will be easily transferable

  8. Amendments in Appendix 1A of Foreign Trade Policy, 2015-20 - Revised territorial jurisdiction of Regional Authorities of DGFT is notified in Appendix 1A of Appendices...

  9. ​Obligation to furnish statement of financial transaction or reportable account u/s 285BA and FATCA Agreement - Procedures and Manner and Conditions notified -...

  10. Safe Harbour Rules for generation, transmission or distribution of electricity Notified vide Income-tax (2nd Amendment), Rules, 2015. - Notification

 

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