eMinds Legal Advocates & Solicitors
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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Latest amendments render extended maternity leave, portable gratuity policies, etc., effective in prevalent Labour laws
The government is looking to enhance maternity leave for working women from three months to six months, virtually double bonus payments to employees and make gratuity portable between jobs. "The changes in the Payment of Bonus Act would raise the salary limit for getting a bonus from Rs 10,000 per month to Rs 19,000, and… Read More
Last date for submission of suggestions/ comments to Company Law Committee extended upto 31st July, 2015
Stakeholders have been given more time to submit their suggestions to a high-level panel that has been set up for addressing issues related to the new companies law. The deadline, which was ending today, has now been extended till July 31. Set up by the Corporate Affairs Ministry last month, the Companies Law Committee is expected… Read More
Clarification with regard to circulation and filing of financial statement
General Circular No. 11/2015 No. 1/19/2013-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr R.P. Road, New Delhi Dated 21st July , 2015 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification with regard to… Read More
Sebi, RBI working for smooth e-IPO rollout
MUMBAI: Market regulator Sebi is working with the Reserve Bank of India (RBI) for a smooth rollout of the proposed e-IPO process. This will reduce paperwork in public offerings to nearly zero, halve the timeline for listing of a company to just six days and also reduce costs of listing substantially. Several banks are currently working to roll out the ASBA (Applications… Read More
Cabinet to discuss IPR draft policy soon after inter-ministerial consultation
NEW DELHI: The much-awaited National Intellectual Property Rights (IPR) policy will be moved to the Cabinet soon after incorporating inputs from various departments, commerce. The IPR think tank headed by Justice Prabha Sridevan, set up by the government last year, formulated a draft patents policy earlier this year. The think tank was set up to… Read More
PM Narendra Modi urges need to modify Labour Legislations via consensus
Seeking to pacify trade unions, which is critical to the proposed sweeping labour reforms, Prime Minister Narendra Modi on Monday said the reforms would be attempted only with the consensus among all stakeholders. The draft labour code on industrial relations readied by the Modi government, among other things, suggests allowing more establishments to lay off workers without… Read More
PF claim settlement period brought down to 20 days
Over the past few years, the EPFO has been working to improve its claim settlement period trying to bring it within the mandated one month period. Provident fund claims are set to get resolved faster with the government now reducing the statutory claim period to 20 days from the earlier time period of 30 days.… Read More
Masterclass on Companies Act, 2013 and the Recent Amendments on 24th July, 2015 at Mumbai
CorpKonnect Presents Companies Act 2013 and Recent Amendments Masterclass 24th July 2015 - Mumbai at Hotel Hilton (Mumbai Int. Airport) INTRODUCTION The New Companies Act 2013 which was enacted in August 2013 is considered to be a milestone in the arena corporate reforms in India as it laid down a new regime of business… Read More
Foreign inflows keeps adding up, touch $1 bn mark in July
Overseas investors have poured in a net amount of about USD one billion (Rs 6,500 crore) in the Indian capital markets so far this month, helped by positive global cues and easing of foreign investment norms. This follows a massive outflow of foreign investors™ funds in the previous two months from Indian equity and debt… Read More
New Rules for Income Tax filing provides ease to the stakeholders
New forms, additional information, completely paperless filing. The Finance Ministry has introduced several changes in the way taxpayers will file their returns this year. As a taxpayer you need to be aware of these changes lest you file an incorrect return that gets rejected or results in a scrutiny notice. This week's cover story looks… Read More
Sebi allows listing of cooperative societies
The Securities and Exchange Board of India (Sebi) was gathering legal opinion on the listing of cooperatives. Any group of individuals can form a cooperative society to act jointly for common benefit. Shares of cooperative societies in India are not offered to the public. Listing of cooperatives is in practice in the UK, US and… Read More
Cabinet reviews and improves the foreign norms to boost Foreign Investment in India
The Cabinet has given its approval to review the existing FDI policy on various sectors provided in the Consolidated FDI Policy Circular 2014, as amended by the Consolidated FDI Policy Circular 2015, by introducing composite caps for simplification of Foreign Direct Investment (FDI) policy to attract foreign investments. Following amendments to the relevant paragraphs of… Read More
Need to liberalise e-Commerce: Tax Evasion and Business Model major concerns
Even as the pressure mounts on the Centre from various countries to liberalise the e-commerce segment in the country, states on Wednesday flagged several concerns including tax evasion by e-tailers, lack of clarity on the business models of online retailers and jurisdictional issues in a meeting with commerce and industry minister Nirmala Sitharaman. The meeting, which… Read More
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