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eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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Articles by eMinds Legal

CBEC releases Goods Rate Booklet and Services Rate Booklet

Index Of Goods Rate Booklet  SCHEDULE II: LIST OF GOODS AT 0.25% RATE SCHEDULE III: LIST OF GOODS AT 3% RATE SCHEDULE IV: LIST OF GOODS AT 5% RATE SCHEDULE V: LIST OF GOODS AT 12% RATE SCHEDULE VI: LIST OF GOODS AT 18% RATE SCHEDULE VII: LIST OF GOODS AT 28% RATE. Download Goods Rate Booklet… Read More

Govt. assign the officers with various functions under CGST Act and Rules

Circular No. 3/3/2017 - GST F. No. 349/75/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, Dated the 5 th July, 2017 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All)/ Director General of Systems Madam/Sir, Subject: Proper officer relating… Read More

Govt. releases Resolution on 7th Central Pay Commission list of allowances with modification

MINISTRY OF FINANCE (Department of Expenditure) RESOLUTION New Delhi, the 6th July, 2017 No. 11-1/2016-IC.—The Seventh Central Pay Commission (the Commission) was set up by the Government of India vide Resolution No. 1/1/2013-E.III (A), dated the 28th February, 2014. The period for submission of report by the Commission was extended upto 31st December, 2015 vide… Read More

CBDT issues corrigendum to NOT. 8/2017, dt. 3rd July, 2017

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 6th July, 2017 INCOME-TAX G.S.R. 841(E).—In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 58/2017, dated the 3rd July, 2017, published vide number G.S.R. 821(E) dated the 3rd July,… Read More

Govt. issues corrigendum to Notification No. G.S.R. 683 (E), dt. 28th June, 2017

MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 5th July, 2017 G.S.R. 838(E).—In the English version of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2017-Integrated Tax (Rate), dated the 28th June, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section… Read More

CBEC releases FAQ’s on Composition Levy

Central Board of Excise and Customs releases Frequently Asked Questions on Composition Levy. Q 1. What is composition levy under GST? Ans. The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs. 75 lakhs ( Rs. 50 lakhs in case of few States). The… Read More

SEBI Introduces online filing system for Foreign Venture Capital Investors

SECURITIES AND EXCHANGE  BOARD OF INDIA CIRCULAR                                                       SEBI/HO/IMD/DF1/CIR/P/2017/75                                        … Read More

RBI issues Operational Guidelines for Sovereign Gold Bonds, 2017-18

RBI/2017-18/18 IDMD.CDD.No.29/14.04.050/2017-18 July 06, 2017 The Chairman & Managing Director All Scheduled Commercial Banks (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bonds, 2017-18 – Series II - Operational Guidelines This has reference to the GoI notification F.No.4(20)-B/(W&M)/2017 and RBI… Read More

NBFC– SIND Directions prohibits NBFC from PoP Services under PFRDA for National Pension System

RBI/2017-18/16 DNBR(PD)CC.No.087/03.10.001/2017-18 July 06, 2017 All NBFCs Madam/ Sir, Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for National Pension System (NPS) Please refer to Para 111 of Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 prohibiting NBFCs from undertaking PoP Services under… Read More

Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions :RBI

RBI/2017-18/15 DBR.No.Leg.BC.78/09.07.005/2017-18 July 6, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions Please refer to our circular DBOD.Leg.BC.86/09.07.007/2001-02 dated April 8, 2002 regarding reversal of erroneous debits arising from fraudulent or other transactions. 2. With the… Read More

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