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Shantanu eMinds Legal Consulting Pvt Ltd

eMinds Legal Consulting Pvt. Ltd. is a Consulting Firm in India specialzing in Corporate Laws, Compliances, Secretarial, FEMA, Indirect Taxation, Cyber Laws & Contracts. The Firm comprises of a team of professionals of Company Secretaries, Lawyers and Chartered Accountants with an in-depth subject matter knowledge and participative industry experience of over 15 years.

Articles by Shantanu

Consolidated FDI Policy – New Guidelines Released

The government is seeking to further simplify the foreign investment regime, by releasing a revised consolidated FDI policy guidelines. The changes include investments in sectors like single and multi-brand retail, power exchanges, asset reconstruction companies (ARCs), broadcasting, civil aviation, and non-banking financial companies (NBFCs). Changes in the Consolidated FDI Policy Guidelines Allows upto 51% inflows… Read More

Tags: Consolidated FDI PolicyFDIforeign direct investmentIndiaInvestmentLimited liability partnershipMemorandum of AssociationNon-banking financial companyPakistan

Clarification regarding TED Refund where TED exemption is available

Government of India Ministry of Commerce and Industry Directorate General of Foreign Trade Udyog Bhawan, New Delhi Policy Circular No. 16 (RE-2012/2009-14) Dated: 15th March, 2013 To,                All Regional Authorities            All Development Commissioners, SEZ.         Subject : Clarification regarding TED Refund where TED exemption is available. It has come to the notice of this Directorate… Read More

Tags: DGFTExciseFile Transfer ProtocolGovernment of IndiaNew DelhiRegional Authorities in IrelandSpecial Economic ZoneTED

Supersession to DVAT Notification regarding submission of information in Form T-2

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE  EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 No.F.7(433)/Policy-II/VAT/2012/1349-1359 Dated :11.03.2013 NOTIFICATION In supersession of Notification No..F.7(433)/Policy-II/VAT/2012/585-595 dated 05.09.2012 and all the subsequent notifications regarding submission of information in Form T-2, I, Prashant Goyal, Commissioner, Value… Read More

Tags: CommissionerDelhiDelhi Value Added Tax ActInvoiceNew DelhiPrashant GoyalTaxValue Added Tax

Sixth Schedule DVAT entry Amendment – New Item Entry

TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES VYAPAR BHAWAN, I. P. ESTATE, NEW DELHI-110002 No.F. 5(54)/Policy-II/VAT/ 2012-13/1363-1375 Dated : 12.03.2013 NOTIFICATION No.F. 5(54)/Policy-II/VAT/Amendment/2012-13/ - WHEREAS the Ministry of External Affairs, Government of India in accordance with the principle of… Read More

Tags: AsiaCommissionerDelhiDrug prohibition lawGovernment of IndiaMinistry of External AffairsNew DelhiValue Added Tax

DVAT Notification regarding submission of information in Form T-2

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE  EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 No.F.7(433)/Policy-II/VAT/2012/1349-1359 Dated :11.03.2013 NOTIFICATION In partial modification of Notification No.F.7(433)/Policy-II/VAT/2012/1297-1307 dated 28.02.2013, I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of… Read More

Tags: Chief MinisterDelhiDelhiSachivalayaDepartment of TradeNew DelhiValue Added TaxVyapar Bhawan

GoI Steps for Reforms in Health Sector

The Eleventh Plan highlighted various health issues in the country, which inter-alia included high Maternal Mortality Ratio (MMR), Infant Mortality Rate (IMR) and Total Fertility Rate (TFR) and called for initiatives for improving health care indicators. Various initiatives taken by Ministry of Health and Family Welfare in partnership with States/UTs have resulted in improvement of… Read More

Tags: Composite Health Care SystemIndiaMaternal deathMinistry of Health and Family WelfareNational Rural Health MissionNRHMPrimary health careTotal Fertility Rate

Government not planning to introduce National Health Bill

The Government has no plans to introduce National Health Bill. In order to provide relief to the common man in the area of healthcare, a countrywide campaign in the name of Jan Aushadhi Campaign has been initiated by the Department of Pharmaceuticals, in collaboration with the State Governments, by way of opening up of Jan… Read More

Tags: DrugEssential medicinesGeneric drugGovernmentNPPAPricePrice ControlUnited States

Government Approves 12 Proposals for FDI

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on February 13, 2013, the Government has approved 12 Proposals of Foreign Direct Investment amounting to Rs.2609.27 crore approximately. Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 13.02.2013 are as follows:     Following  twelve (12) proposals have been approved. Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows(` In crore) COMMERCE 1 M/s Promod S.A.S France Induction of foreign equity in the equity share capital of an Indian JV company… Read More

Tags: AhmedabadFinancial servicesFIPBforeign direct investmentForeign Investment Promotion BoardGovernmentIndiaLe Creuset

Infrastructure Projects Debts under PPP and Model Concession Agreements to be Treated as Secured Lending

On 18th March 2013, Reserve Bank of India (RBI) has eased the norms for treating bank loans as secured finance by notifying that the debt due to the lenders in case of Public Private Partnership (PPP) projects may be considered as secured by the respective Banks to the extent assured by the Project Authority in… Read More

Tags: Concession AgreementLoanPPPPublic–private partnershipPurchasing power parityrbiReserve Bank of IndiaRun batted in

Special Measures to Facilitate Collection of Tax Receipts by Banks in End March

Keeping in view that 29th and 31st March, 2013 are notified Gazetted holidays and 30th March, 2013 is falling on a Saturday and the likely rush of tax payers towards the end of march, 2013, which could have inconvenienced the tax payers in depositing the tax on these days, the Reserve Bank of India (RBI)… Read More

Tags: 31st March 2013BankChennaiPaymentrbiReserve Bank of IndiaRun batted inSaturday

Department of Posts Launches e-IPO for Indian Citizens Abroad

Department of Posts, Ministry of Communications & IT, today in association with Department of Personnel and Training launched Electronic Indian Postal Order (eIPO) to enable Indian citizens abroad to pay RTI fee online. This is a facility to purchase an Indian Postal Order electronically by paying a fee on-line through e-Post Office Portal i.e.… Read More

Tags: GovernmentIndiaIndia PostIndian Postal ServiceInitial public offeringRight to Information ActRTIRTI Act

Foreign Trade Policy to be Announced in First Week of April

Before the announcement of the Foreign Trade Policy in the first week of April 2013, the Union Minister of Commerce, Industry & Textiles Shri Anand Sharma chaired the Board of Trade meeting here today. Recognising the stress that our trade is going through, and the need to enhance exports, we will be supportive, said Shri… Read More

Tags: Anand SharmaBoard of TradeCabinet of IndiaExportFar EastForeign Trade PolicyMinistry of Commerce & IndustryShri Sharma

Proposal to Reduce Subsidy on Fertilizers

The subsidy rates of Phosphatic and Potassic (P&K) fertilizers under Nutrient Based Subsidy Policy being implementedw.e.f. 1.4.2010, are fixed on annual basis taking into consideration all factors including international and domestic prices of these fertilizers, inventory level and exchange rate.  Since the present international prices of P&K fertilizers are comparatively less as compared to those in last year, the subsidy rates for… Read More

Tags: Ammonium PhosphateBusinessChemicalsFertilizerGovernmentNPK ratingPotashUrea

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