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The Central Board of Excise and Customs has issued clarification relating to waiver of issuance of SCN and conclusion of proceedings in Service tax and Central Excise dated 18th August, 2015. Please click on the below link to access the Notification. CBEC issues clarification relating to waiver of issuance of SCN and conclusion of proceedings in… Read More
The Securities and Exchange Board of India issued SEBI (Prohibition of Insider trading) Regulations, 2015 dated 15th January, 2015 which came into effect from 15th May, 2015. Subsequently, SEBI received certain queries from the stakeholders seeking guidance on the interpretation of some provisions of the regulations and SEBI has powers to issue such clarifications vide… Read More
Even though the government is trying hard to tap the employers not adhering to law pertaining to sexual harassment of women at workplace, a huge mass of the private sector is yet to have any awareness about the regulation. A recent survey carried out on compliance of the Sexual Harassment of Women at Workplace (Prevention,… Read More
The e-Filing of Form No. 61B relating to Statement of Reportable Account u/s 285BA(1) of the Income-tax Act, 1961 has been enabled for Registration and Submission of Nil statement. Reporting Entities are requested to register in the e-Filing portal post login > My Account > Register as Reporting Financial Institution. After successful Registration, for submission… Read More
The cabinet approved the ratification of an agreement between India and the Seychelles for exchange of information on taxes, which is expected to help in the fight against unaccounted wealth. India has already signed an inter governmental agreement with the US to implement Foreign Tax Account Compliance Act (FATCA) which is considered to be as… Read More
Circular on Implementation of the Multilateral Competent Authority Agreement and Foreign Account Tax Compliance Act Read More
ADR mechanism and Arbitration has gradually but surely established itself as a preferred dispute resolution mechanism in India and in the world. It gained significant importance as boiler plate clause in all most all corporate commercial agreements. No commercial contract is considered complete without an arbitration agreement incorporated. VCCircle upcoming workshop on dispute resolution and… Read More
RBI/2015-16/157 A.P. (DIR Series) Circular No. 9 August 21, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment Reporting under FDI Scheme on the e-Biz platform Attention of Authorised Dealers Category-I (AD Category - I) banks is invited to the provisions of the Foreign Exchange Management (Transfer or Issue… Read More
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.81/2015 - Customs (N.T.) Dated the 20th August, 2015 In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Central Board of Excise… Read More
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Central Board of Excise & Customs (CBEC) No.73/2015-CUSTOMS (N.T.), dated 6th August, 2015, except as respects things done or omitted to be done before such supersession, the Central Board… Read More
In exercise of the powers conferred by section 469 read with section 414 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules: 1. Short title and commencement 2. Definitions 3. Pay 4. Pension, Gratuity or Provident Fund 5. Leave 6. Leave sanctioning authority. 7. Travelling allowances 8. Official… Read More
In exercise of the powers conferred by section 469 read with section 414 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, namely:- 1. Short title and commencement. 2. Definitions. 3. Pay. 4. Pension, Gratuity or Provident Fund.l. 5. Leave. 6. Leave sanctioning authority. 7. Travelling allowances. 8.… Read More
SEBI has issued a Consultation Paper for "Amendments to the SEBI (Infrastructure Investment Trusts) Regulations, 2014" on the website for public comments. Comments are invited on the Consultation Paper latest by September 06, 2015 Stakeholders are requested to access the consultative paper by clicking at the below link. SEBI Issues Consultation Paper for Amendments to… Read More
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