Home » Uncategories » Daily Tax Updates || Govt's proposed land bill || CBDT is developing a dedicated portal for the investigation || MCA has updated all the master data by adding defaulting status|| IRDA has notified the IRDAI

Daily Tax Updates || Govt's proposed land bill || CBDT is developing a dedicated portal for the investigation || MCA has updated all the master data by adding defaulting status|| IRDA has notified the IRDAI

Tax Updates
Dated May 9, 2017

1. CBDT is developing a dedicated portal for the investigation of those identified to have made deposits or large purchases not in line with declared income as a follow-up to Operation Clean Money, which was launched in the wake of demonetization to crack down on black money.

2. MCA has updated all the master data by adding defaulting status. If any co. is in default for annual filing for the year 2015-16 than mca mark it as a defaulting.

3. ICAI has asked its members to ensure that companies have made adequate disclosures about transactions involving cancelled notes post demonetization till December 30, 2016.

4. Govt's proposed land bill is coming back in the reckoning after being in cold storage for more than a year. The parliamentary joint panel reviewing the legislation will meet on May 22 to debate its social impact. 

5. IRDA has notified the IRDAI (Outsourcing of Activities by Indian Insurers) Regulations, 2017 which shall come into force from the date of their publication in the Official Gazette. 


Subscribe to: Post Comments (Atom)