Online filing of forex transfer of shares starts from Aug 24

Last Updated: Friday, August 21, 2015, 21:34

The Reserve Bank on Friday said online filing of foreign currency transfer of shares will be operational from Monday next week to facilitate reporting of transactions under foreign direct investment.

CBDT constitutes committee to fine tune transfer policy

Last Updated: Sunday, August 16, 2015, 20:42

In view of largescale cadre restructuring being effected in the Income Tax department recently, the CBDT has constituted a committee to review the existing transfer and posting policy in the organisation.

No more revenue stamp on PF withdrawal claims

Last Updated: Friday, August 14, 2015, 17:14

Retirement fund body EPFO has done away with the mandatory requirement of affixing one rupee revenue stamp on PF withdrawal claim forms.

RBI to transfer Rs 65,896 crore surplus to government

Last Updated: Thursday, August 13, 2015, 20:40

The Reserve Bank will transfer to the Centre its surplus profit of Rs 65,896 crore, about 25 percent more than the amount given last year.

Panel favours cash transfer for kerosene, food subsidy

Last Updated: Thursday, August 13, 2015, 20:37

A government-appointed panel to suggest ways to prune subsidies is in favour of extending the cash transfer scheme to kerosene and food in three years for directly helping beneficiaries.

Have written to CMs for DBT in Kerosene: Govt

Last Updated: Friday, August 7, 2015, 16:48

The Centre Friday said it has written to Chief Ministers and UT Administrators for Direct Benefit Transfer for kerosene in the accounts of the beneficiaries.

India, US resolve 35 transfer pricing disputes in IT sector

Last Updated: Thursday, August 6, 2015, 18:03

The Revenue Department Thursday said 35 transfer pricing disputes between India and the US in different segments of Information Technology (IT) have been resolved and another 100 are likely to be settled in the next three months.

PM Modi calls for expanding ambit of DBT and Aadhaar platform

Last Updated: Thursday, June 18, 2015, 20:17

Prime Minister Narendra Modi on Thursday called for accelerating the delivery of benefits and expanding the applications of the Aadhaar (UID) platform.

HDFC Bank unveils PayZapp online payment solution

Last Updated: Monday, June 15, 2015, 14:20

"PayZapp, a payment solution, will revolutionise the way payments and purchases are done on the go today using mobile devices.

Govt eases rules for share transfer between foreign players

Last Updated: Thursday, May 28, 2015, 18:37

Foreign investors will no longer have to seek the government's permission to transfer shares to another overseas player in sectors where FDI is allowed under automatic route.

Draft norms for 'Range Concept' in transfer pricing released

Last Updated: Thursday, May 21, 2015, 21:17

The tax department Thursday came out with draft norms for introduction of 'range concept' for calculating Arm's Length Price for valuing transactions between related entities for the purpose of taxation.

Oil MNC, Indian unit facing tax scrutiny: Sinha

Last Updated: Friday, May 8, 2015, 15:33

The government has initiated proceedings against a foreign company as well as its Indian group firm for tax demand of as much as Rs 10,247 crore, Minister of State for Finance Jayant Sinha said in Parliament Friday.