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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

ECI Hosts Seminar on ‘Leveraging Technology for Transparent and Credible Elections’

Election Commission of India (ECI) today hosted an International Seminar on “Leveraging Technology for Transparent and Credible Elections”. The Seminar was organized for Members of the Executive Board of Association of World Election Bodies (A-WEB), and the Oversight & Audit Committee of A-WEB, who were in New Delhi to take part in the 4th Executive… Read More

Notification on Startup Scheme launched by Government

The Government of India has announced 'Startup India' initiative for creating a conducive environment for startups in India. The various Ministries of the Government of India have initiated a number of activities for the purpose. Download Notification on Start-up Scheme launched by Government  Read More

Expectations from Budget 2016-17

Expectations from Budget 2016-17 By CA Mukund Abhyankar What budget should aim to achieve. Modi Government which came to power with a promise of “Acche Din” is now on the scrutiny radar of everyone   for fulfilment of that promise in its third year for which it has been in power. While most of the announcements… Read More

Clarification for implementation of FATCA and CRS –regarding

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 19 February, 2016 Subject: Clarification for implementation of FATCA and CRS –regarding An Inter-Governmental Agreement between India and USA was signed for implementation of Foreign Account Tax Compliance Act (FATCA). The Government of India has also joined… Read More

Sebi prohibits an Auditor from issuing any certificates required under securities laws, directly or indirectly

Under section 11(4) read with 11B of the Securities and Exchange Board of India Act, 1992 in respect of Shri Shashi Bhushan, Proprietor of M/s. Bhushan Aggarwal & Co. In the matter of Ritesh Properties and Industries Limited. Download Sebi prohibits an Auditor from issuing any certificates required under securities laws, directly or indirectly Read More

​Passing rectification order under section 154 of Income-tax Act, 1961

Instruction No. 2 /2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 15th of February, 2016 Subject: Passing rectification order under section 154 Income-tax Act, 1961 -regd.- Instances have come to the notice of the Board that in some cases rectification order under section… Read More

Rate of exchange of conversion of the foreign currency with effect from 19th February, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS)  Notification No.29/2016 - Customs (N.T.)  Dated the 18th  February, 2016 29 Magha, 1937 (SAKA) 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… Read More

Make In India Week concludes on a high note showcasing India’s manufacturing prowess

Make In India Week concludes on a high note showcasing India’s manufacturing prowess Manufacturing, Design and Innovation has been brought to the centre stage – Amitabh Kant  Curtains came down on the first ever Make In India Week in Mumbai with the biggest show of manufacturing prowess, concluding on a high note.  The week long… Read More

Following the prescribed time-limit in passing order under sub-section (8) of section 154 of Income-tax Act, 1961

Instruction No..P.I.../2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 15th of February, 2016 Subject: Following the prescribed time-limit in passing order under sub-section (8) of section 154 of Income-tax Act, 1961-regd.- Sub-section (8) of section 154 of the Income-tax Act, 1961 (`Act') stipulates… Read More

Frauds – Future approach towards monitoring of frauds in NBFCs

RBI/2015-16/327 DNBR (PD) CC.No.075/03.10.001/2015-16 February 18, 2016 All Deposit taking NBFCs (including RNBCs) and NBFCs- ND-SI Madam/ Sir, Frauds - Future approach towards monitoring of frauds in NBFCs Please refer to circulars DNBS.PD.CC.No.127/ 03.10.42/2008-09 dated August 14, 2008, DNBS.PD.CC.No.256/03.10.042/2011-12 dated March 02, 2012 andDNBS.PD.CC.No.314/03.10.042/2012-13 dated December 13, 2012 on the captioned subject. It has been… Read More

Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority for National Pension System (NPS)

RBI/2015-16/324 DNBR (PD) CC.No. 073/03.10.001/2015-16 February 18, 2016 All Non-Banking Financial Companies Madam/ Sir, Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority for National Pension System (NPS) The Reserve Bank of India (the Bank) has received proposals from Non- Banking Financial Companies (NBFCs), seeking approval for undertaking of Point of Presence… Read More

Seeks to amend Notification No. 25/2012 by inserting new entry for granting exemption from service tax for the services provided by Government or a local authority to a business entity having turnover upto rupees of ten lakh in the preceding financial year

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NEW DELHI New Delhi, the 18th February, 2016  NOTIFICATION NO. 07/2016-Service Tax GSR….(E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32… Read More

Seeks to appoint 1th day of April, 2016 as the date with effect from which the provisions of Section 109(1) as contained in the Finance Act, 2015 shall come into effect

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE  (DEPARTMENT OF REVENUE) New Delhi, the 18th February, 2016 Notification No. 06/2016-Service Tax G.S.R.___ (E). -  In exercise of the powers conferred by section 109 of the Finance Act, 2015 (No. 20 of 2015), the Central… Read More

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