Tax Savings Bond u/s. 80CCF from L & T Infra issue is open now

General, Income-tax /

L & T Infrastructure Finance Company Limited has come out with issue of Tax Savings Bonds, the Investment in which will qualify for additional deduction of Rs. 20000/- u/s. 80 CCF of the Income-tax Act,1961. The salient features of this issue are reproduced below :- Click here to send your enquiries [gview file=”http://bssridhar.com/blog/wp-content/uploads/2012/01/LANDT2012.pdf”]

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Service Tax Half yearly return filing – Last Date extended again

1 Comment / Service Tax /

The Last date for filing the Half Yearly Service Tax returns in respect of Half year ended 30th September 2011 has been extended again from 06.01.2012 to 20.01.2012. The relevant Circular is reproduced below. Those assessees who have not filed their returns can make use of this opportunity. Cick here to send your enquiry for

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Last Date for Company Law Settlement Scheme 2011 (CLSS 2011) extended again.

Company Law /

The Ministry of Corporate affairs vide its General Circular No. 71/2011 dtd 15.12.2011 has extended the last date for filing the documents under Company Law settlement Scheme 2011 to 15th January 2012. In the above circular it has been clearly specified that this will be the final opportunity for the Inactive companies to file their Annual

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Last Date for Updation of PAN Details in DIN extended again !!

Company Law, General /

The Ministry of Corporate Affairs vide its General Circular No. 70/2011 dtd 15.12.2011 has extended the last date for updation of PAN Details in respect of Director Identification Numbers (DIN) from 15.12.2011 to 29.02.2012. Those DIN holders who have not updated their DINs with the PAN Numbers can make use of this opportunity. The relevant

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Validity period of Cheques/Pay orders/Bankers Cheque changed

General, RBI Guidelines /

As per the recent RBI Notification No RBI/2011-12/251 DBOD.AML BC.No.47/14.01.001/2011-12 dtd. 4th Nov 2011, the RBI has instructed the member banks that , from 01.04.2012 onwards , the Cheques bearing dates more than 3 months will not be paid by the banks. This is being done to curb the practice of circulating the same like cash for

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New RBI guidelines on Deregulation of Savings Bank Account Interest Rates

RBI Guidelines /

RBI/2011-12/233 DBOD.Dir.BC. 42/13.03.00/2011-12 October 25, 2011 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate – Guidelines 1. Please refer to our Directive DBOD.Dir.BC.89/13.03.00/2010-11 dated May 3, 2011. 2. As indicated in the Second Quarter Review of Monetary Policy announced on October 25, 2011, it has been decided to deregulate the

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