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eMinds Legal Advocates & Solicitors

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

CBDT amends jurisdiction of Principal CITs & CCIT

NOTIFICATION New Delhi, the 19th July, 2017 (INCOME TAX) S.O. 2260(E).—In exercise of the powers conferred by sub-section (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), and in supersession of the notifications of the Government of India, Central Board of Direct Taxes numbers S.O.1612(E), dated the 26th September, 2006… Read More

RBI Master Circular –Detection and Impounding of Counterfeit Notes

Master Circular – Detection and Impounding of Counterfeit Notes RBI/2017-18/26 DCM (FNVD) G – 4/16.01.05/2017-18 July 20, 2017 The Chairman/ Managing Director /Chief Executive Officer All Banks and Director of Treasuries of all States Dear Sir / Madam, Master Circular – Detection and Impounding of Counterfeit Notes Please refer to the Master Circular DCM (FNVD) G-6/16.01.05/2016-17… Read More

SEBI releases Circular on Investments by FPIs in Corporate Debt

Securities and Exchange Board of India CIRCULAR No. IMD/FPIC/CIR/P/2017/81 Dated: July 20, 2017 To 1. All Foreign Portfolio Investors (through their designated Custodians of Securities) 2. The Depositories (NSDL and CDSL) 3. The Exchanges (BSE and NSE) Dear Sir / Madam, Sub: Investments by FPIs in Corporate Debt 1. This has reference to the SEBI… Read More

FM to formally launch Pradhan Mantri Vaya Vandana Yojana tomorrow

FM to formally launch Pradhan Mantri Vaya Vandana Yojana (PMVVY) tomorrow; PMVVY is a Pension Scheme announced by the Government of India exclusively for the senior citizens available from 4th May, 2017 to 3rd May, 2018; The Scheme can be purchased offline as well as online through Life Insurance Corporation of India  The Union Minister… Read More

Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified

Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified    In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs(CBEC) No.70/2017-CUSTOMS (N.T.), dated 6th July, 2017, except as respects things done or… Read More

Govt. exempts levy of compensation cess on supply of second hand goods

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 20th July, 2017 No. 04/2017-Compensation Cess (Rate) G.S.R. 938(E).—In exercise of the powers conferred by sub-section (1) of section 11 of the Goods and Services Tax (Compensation to States) Act, 2017 ( 15 of 2017), read with sub-section (1) of section 11 of the Central… Read More

Shri Ramnath Kovind elected as President of India

MINISTRY OF LAW AND JUSTICE (Legislative Department) NOTIFICATION New Delhi, the 20th July, 2017 S.O. 2282(E).—In pursuance of the provisions of Section 12 of the Presidential and Vice-Presidential Elections Act, 1952 (31 of 1952), the following declaration containing the name of the person elected to the Office of the President of India is published for… Read More

CBDT rescinds 3 Income Tax notifications

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th July, 2017 (INCOME TAX) S.O. 2259(E).—In exercise of the powers conferred under section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes being satisfied that it is necessary in the Public interest to… Read More

CBDT clarifies TDS to be deducted on amount paid or payable excluding GST

The Central Board of Direct Taxes hereby clarifies that wherever in terms of the agreement or contract between the payer and the payee, the component of 'GST on services' comprised in the amount payable to a resident is indicated separately, tax shall be deducted at source under Chapter XV II-B of the Act on the… Read More

CBDT amends Form for Eligible International transaction under Income-tax Rules

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 18th July, 2017 INCOME-TAX G.S.R. 891(E).—In exercise of the powers conferred by section 295 read with sub-section (2) of section 92CB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules… Read More

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