Online filing of excise duty, service tax returns mandatory from 1st October 2011

Online filing of excise duty, service tax returns mandatory from 1st October 2011 Posted: 20 Sep 2011 07:31 PM PDT Finance ministry has made it mandatory for taxpayers to file their central excise (Circular No.955/16/2011-CX, Dated-15th Sept., 2011) and service tax returns (Notification No. 43/2011 – Service Tax, DATED 25-8-2011) electronically from October 1,... [[ This is a content summary only. Visit www.taxguru.in for full article ]] Modification of Guidelines for Individual Agents for Persistency of Life Insurance Policies Posted: 20 Sep 2011 06:57 PM PDT Reference is invited to the captioned circular issued by the Authority. The Authority is in receipt of representations from the Industry seeking revisiting of certain provisions of the said circular. Accordingly, keeping in view the objective of... [[ This is a content summary only. Visit www.taxguru.in for full article ]] IRDA – Modification of Guidelines pertaining to Individual Agents Posted: 20 Sep 2011 06:54 PM PDT In partial modification of Clause (1) of the captioned circular the term 'relative' is re defined as "the term 'relative' shall include spouse, dependent children or dependent step children, whether residing with the employee or not". Further it is... [[ This is a content summary only. Visit www.taxguru.in for full article ]] General circular no. 63/2011 dated 06.09.2011 related to Compliance of the provisions of Companies Act, 1956 and Rules made thereunder effective from 25th September, 2011 Posted: 20 Sep 2011 06:36 PM PDT General circular no. 63/2011 dated 06.09.2011 related to Compliance of the provisions of Companies Act, 1956 and Rules made thereunder effective from 25th September, 2011 [[ This is a content summary only. Visit www.taxguru.in for full article ]] Terms of Reference of Task Force for Direct Transfer of Subsidies Expanded to Include an Aadhaar-Enabled Unified Payment Infrastructure Posted: 20 Sep 2011 06:32 PM PDT The terms of reference of the Task Force under the Chairmanship of Shri Nandan Nilekani, Chairman, Unique Identification Authority of India (UIDAI) has been expended to include an Aadhaar-enabled unified payment infrastructure. The said Task Force... [[ This is a content summary only. Visit www.taxguru.in for full article ]] Govt. allows export of all varieties of onions Posted: 20 Sep 2011 06:20 PM PDT Government has Decided to Lift the Ban on the Export of Onions- The Government has decided to lift the ban on the export of onions. Onions can now be exported subject to a Minimum Export Price (MEP) of US$ 475 per tonne. This is exactly the position... [[ This is a content summary only. Visit www.taxguru.in for full article ]] Interest and Inflation to Spoil Festive Mood Posted: 20 Sep 2011 01:40 AM PDT Dr. Sanjiv Agarwal The government of the day seems to be on the back foot as it has failed check inflation on a continuous basis, fuel prices have risen beyond imagination in past two years and it is not able to concentrate on reforms, given the... [[ This is a content summary only. Visit www.taxguru.in for full article ]]