Chennai | Corporate Law Reporter

The Risk Management, Governance & Compliance Summit 2014

Achromic Point Presents The Risk Management, Governance & Compliance Summit 2014 - Strategy For Better Performance And Accountability - Mumbai 7th February | Bengaluru 14th February | Chennai 12th March Dear Industry Colleague, Greetings from Achromic Point. We would like to take this opportunity to inform and invite you to The Risk Management, Governance & Compliance… Read More

Tags: Business, Chennai, Deloitte, Financial services, Internal audit, Management, Mumbai, Risk management

Clarifications Regarding the Service Tax Voluntary Compliance Encouragement Scheme (VCES)

The Union Finance Minister Shri P. Chidambaram recently held interactive sessions at Chennai, Delhi and Mumbai to ascertain and address the concerns of trade on any aspect of the Service Tax Voluntary Compliance Encouragement Scheme (VCES). During these interactive sessions, the trade had raised certain queries and also expressed some apprehensions. Most of these issues have already been clarified in the… Read More

Tags: Chennai, Delhi, Finance Act, Income statement, Mumbai, P. Chidambaram, Town and Country Planning Act 1990, VCES

All India Roll Out of Risk Management System (RMS) for Export

Finance Minister Shri P. Chidambaram today inaugurated the All India rollout of an IT based Risk Management System (RMS) for the Customs clearance of export goods in the presence of representatives from the trade and industry at New Delhi. Speaking on the occasion Finance Minister said that RMS is a trust based IT system that… Read More

Tags: Bangalore, Chennai, Customs broking, India, New Delhi, Risk management, Trade Facilitation, World Trade Organization

Clarifications Seeking the Levy of Service Tax on Certain Services Relating to the Education Sector issued

Various representations have been received seeking clarifications regarding the levy of service tax on certain services relating to the education sector. Following are the representations received in this regard: Private Schools Correspondents Confederation, Madurai. Tamil Nadu Nursery, Primary, matriculation and Higher Secondary Schools Association, Chennai. Punjab Association, Chennai. Association of Self financing Universities of Rajasthan… Read More

Tags: Chennai, Finance Act, Government, Mumbai, New Delhi, Private school, Tax, Taxation in India

CBDT Amendment in Order No. 1/FT&TR/2013 dated 13th Aug 2013

ORDER In exercise of powers conferred by clause (a) of sub-section (15) of Section 144C of theIncome-tax Act, 1961 (43 of 1961) r/w Income-tax (Dispute Resolution Panel) Rules. 2009, as amended by Notification No. 33/2012 (F.No. 133/13/2012-SO(TPL)/SO 1967 (E), dated 24-08-2012, and in partial modification to Order No.l/FT&TR/2013 dated 13.08.2013, the Central Board of Direct Taxes hereby constitutes the Dispute Resolution Panel… Read More

Tags: Bangalore, Chennai, Delhi, Dispute resolution, Income tax, Mumbai, Pune, Taxation in India

Extension of Visa on Arrival To 4 more locations

Ministry of Home Affairs (MHA) has decided to extend Tourist Visa on Arrival facility (TVoA) at four additional airports viz. Trivandrum, Bangalore, Hyderabad & Kochi. TVoA facility is available at four International airports in the country viz. Delhi, Mumbai, Chennai and Kolkata for the nationals of Japan, Singapore, Finland, Luxembourg, New Zealand, Cambodia, Laos, Vietnam,… Read More

Tags: Bangalore, Chennai, Kolkata, Lok Sabha, Ministry of Home Affairs, New Zealand, Philippines, Visa

RBI Circular w.r.t. Adoption of Uniform Holiday Calendar under Cheque Truncation System (CTS)

RBI/2013-14/199 DPSS.CO.CHD.No./458/ 04.07.05 / 2013-14 August 23, 2013 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir Adoption of Uniform Holiday Calendar under Cheque Truncation System (CTS) Grid-based Cheque Truncation… Read More

Tags: Bank, Chennai, Cheque truncation, Commercial bank, CTS, Mumbai, Negotiable Instruments Act 1881, New Delhi

RBI Board meets in Chennai

The Central Board of the Reserve Bank of India met today at Chennai. Dr. D. Subbarao, Governor, Reserve Bank of India, chaired the meeting. Dr. Anil Kakodkar, Shri Kiran Karnik, Prof. M.V. Rajeev Gowda, Dr. Nachiket M. Mor, Shri Y.H. Malegam, Shri Azim Premji, Shri K.M. Birla, Prof. Dipankar Gupta, Shri G.M. Rao, Dr. Indira Rajaraman,… Read More

Tags: Anil Kakodkar, Chennai, Damodar Acharya, New Delhi, Reserve Bank, Reserve Bank of India, State Government, Tamil Nadu

The Institute of Company Secretaries of India Organizes ICSI Convocation 2013 Southern Region at Chennai

The Institute of Company Secretaries of India (ICSI) organized ICSI Convocation 2013 Southern Region at Chennai to formalize the Award of Associate and Honorary Membership of the Institute and to recognize the achievements of the students in their studies. Dr. R. Thandavan, Vice-Chancellor, University of Madras, awarded the Associate and Honorary Membership of the Institute… Read More

Tags: Chancellors, Chennai, Company Secretary, ICSI, India, Institute of Company Secretaries of India, University of Chicago, University of Madras

CBEC Extends 24×7 Customs Clearance Facility for Export Cargo from 1ST July, 2013

Beginning 1st July, 2013, Customs clearance of all export goods will take place on 24x7 basis from four major Air Cargo Complexes/airports i.e., Bangalore, Chennai, Delhi and Mumbai. Thus, all exports including those made under export incentives scheme as well as duty drawback scheme will now be able to be move out of the country… Read More

Tags: Bangalore, Chennai, Customs broking, Delhi, Export, Kandla, Kolkata, Mumbai, TRAI

Public Awareness Session about the India’s accession to the Madrid Protocol

No E/139 GOVERNMENT OF INDIA TRADE MARKS REGISTRY IP BUILDING, G.S.T.ROAD, GUINDY, CHENNAI-600 032. Telefax : 22502044 e-mail: tmrchennaj©nic in website: www.ioindia.nic in Date : 18.6.2013 PUBLIC NOTICE It is proposed to arrange Public Awareness Session about the India's accession to the Madrid Protocol at Trade Marks Registry Branch, Chennai in the Conference Hall (I… Read More

Tags: Chennai, Guindy, India, Intellectual property, Madrid Protocol, Madrid system, Trademark, Wednesday

Appointment of Common Adjudicating Authority

F. No. 437/31/2013-Cus-IV Government of India Ministry of Finance (Department of Revenue) Central Board Excise & Customs New Delhi, dated the 23rd May, 2013 ORDER In terms of Notification No.15/2002-Customs (N.T.) dated 07.03.2002 ( as amended) issued under sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Board hereby assigns the Show Cause Notice F. No.… Read More

Tags: Chennai, Directorate of Revenue Intelligence, Government of India, HM Customs and Excise, Kolkata, Maharashtra, New Delhi, Nhava Sheva

Air India to Implement Dholakia Committee Recommendations in a Time Bound Manner

The Minister for Civil Aviation Shri Ajit Singh, while addressing media persons at a press conference here, has said that the Government has accepted the recommendations of Prof. Dholakia Committee Report on Cost Cutting in Air India and sent to Air India for immediate implementation. The Committee has made total 47 recommendations. Air India expects a saving of about 500 crores in next 6 months by implementing some of… Read More

Tags: Air India, Airline, Asia, Chennai, Civil Aviation, Committee, Government, India