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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Vide notification dated 13th June 2017, in exercise of the powers conferred by clauses (a) and (b) of subsection (1) of section 462 and in pursuance of sub-section (2) of section 462 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act), the Central Government, in the interest of public,… Read More
MCA vide notification dated 13th June 2017, in exercise of the powers conferred by clauses (a) and (b) of subsection(1) of section 462 and in pursuance of sub-section (2) of section 462 of the Companies Act, 2013 ('18 of 2013) (hereinafter referred to as the said Act), the Central Government, in the interest of public,… Read More
RBI identifies Accounts for Reference by Banks under the Insolvency and Bankruptcy Code (IBC) The Reserve Bank of India had issued a Press Release on May 22, 2017 outlining the steps taken and those on the anvil pursuant to the promulgation of the Banking Regulation (Amendment) Ordinance, 2017. The Press Release had mentioned inter… Read More
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 12th June, 2017 No. 15/2017-Central Excise (N.T.) G.S.R. 577(E).—In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the… Read More
Press Release Subject:- Carry Forward of unavailed Cenvat Credit in respect of assignment of right to use any natural resource under GST--reg. Cenvat Credit Rules, 2004 provide that credit of Service Tax paid in a financial year, on the onetime charges payable in full upfront or in instalments, for the service of assignment of the… Read More
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi,10th June, 2017 SUPREME COURT JUDGEMENT ON AADHAR-PAN LINKAGE 1. Honourable Supreme Court in its landmark judgement has upheld Section 139AA of the Income Tax Act as constitutionally valid which required quoting of the Aadhaar number in… Read More
Securities Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2017/55 June 13, 2017 To, The Managing Directors / Chief Executive Officers All Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Options on Commodity Futures- Product Design and Risk Management Framework 1. In consultation with Commodity Derivatives Advisory Committee (CDAC), SEBI vide Circular SEBI/HO/CDMRD/DMP/CIR/P/104 dated September 28, 2016 decided… Read More
Securities and Exchange Board of India CIRCULAR CIR/CDMRD/DEICE/CIR/P/2017/53 June13, 2017 To,… Read More
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 8th June, 2017 INCOME-TAX G.S.R. 561(E).—In exercise of the powers conferred by section 295 read with section 194-IB of the Income tax Act, 1961, the Central Board of Direct Taxes, hereby, makes the following rules further to amend the Income-tax… Read More
DGFT came with trade notice for Importers and Exporters, requiring them to declare GSTIN (Registrtaion No. under GST). On implementation of GST, this would be used for (i)credit flow of IGST on import of goods, and (ii) refund or rebate of IGST related to export of goods.It is not compulsory for all importers and exporters… Read More
Highlights of the GST Councils meeting held on 11 June 2017 The GST Council has approved the Accounts and Records Rule and Formats in its meeting held Yesterday. The Council also approved the GST Registration Rules in its meeting. Rates for certain Goods were revised from the rates decided in the last meeting- List of Revised rates of goods… Read More
EMPLOYEE'S PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan,14 Bhikaji CamaPlace, New Delohi-110066 File No. IWU/7/(25)/2017/Clarification reg.Para 83/5366 Dated:08 June 2017 To, All Addl.C.P.F.Cs (Zones), All R.P.F.Cs- In Charge Subject : Definition of "International Worker" as fgiven in Para 83(2)(ja)(a) of EPF scheme 1952 and para 43A(1)(viii)(a)… Read More
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 9th June, 2017 [Income-tax] S.O. 1866(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act, 1961 (43 of 1961)(hereinafter referred to as the ‘Act’), read with proviso to sub-rule (7) of rule 10CA of the… Read More
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