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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Updation of EPF Accounts
The members™ accounts of Employees™ Provident Fund (EPF) for the previous year are updated by 30th September of the following year. The following steps have been taken for updation of members™ accounts: (i) In order to monitor the day-to-day progress of updation of members™ accounts, web based tool has been developed which allows timely corrective… Read More
National Rural Drinking Water Programme
The deficiencies which have been noticed in the implementation of the National Rural Drinking Water Programme (NRDWP) in some States include the non-achievement of annual targets of coverage of rural habitations, especially quality affected habitations, and the inadequate utilisation of central funds in time resulting in high unspent balances. The reasons for some States not… Read More
Policy/Procedure for Chartering Ships
The Minister of Steel, Shri Beni Prasad Verma has said that as per the existing policy of the Government, all import contracts are to be finalized on Free on Board (FOB) basis in respect of Government owned/ controlled cargoes including Public Sector Undertakings under them. The shipping arrangements are centralized in TRANSCHART, the Chartering Wing… Read More
CBEC Clarification w.r.t. Customs Duty Exemption for Import of Ash Handling Systems, Water Treatment Plant and Coal Transportation Facilities etc. Required for Ultra-Mega/ Mega Power Projects under Heading 9801(Project Imports)
Circular No. 33/2013-Customs F.No.354/94/2011 -TRU Government of India Ministry of Finance (Department of Revenue) Tax Research Unit New Delhi, dated the 23th August, 2013 To, All Chief Commissioners of Customs. All Chief Commissioners of Customs & Central Excise. All Chief Commissioners of Central Excise. All Directors General of CBEC. Sub: - Customs Duty Exemption for… Read More
CLR Snippets | Extension of EPF Scheme
A proposal for reducing threshold limit from 20 to 10 employees for coverage under Employees™ Provident Fund & Miscellaneous Provisions Act, 1952 is under consideration of the Government. This information was given by Minister of State for Labour & Employment Shri Kodikunnil Suresh in the Lok Sabha in reply to a written question. Read More
DTAA with Uruguay :: Circulation of the published notifications of the Agreement
F. No. 500/138/2002-FTD-II Government of India Ministry of finance Department of Revenue Central Board of Direct Taxes (Foreign Tax & Tax Research Division - IV) 7th Floor, 'C' Wing, Hudco Vishala Building, 14, Bhikaji Cama Place, New Delhi, the 16th August, 2013 Subject:-Circulation of the published notifications of the Agreement between the Government of the Republic of… Read More
FM Speak :: No Cause for Panic due to Currency Market Volatility; No Intention to Introduce Capital Controls
The Union Finance Minister Shri P. Chidambaram said that revival and encouragement of growth will continue to be the focus of the Government. Shri Chidambaram said that stronger growth will, in course of time, alleviate many of the challenges that we face. He said that there is no cause for the panic that seems to… Read More
Dispute Resolution Panel at the areas of jurisdiction
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)/SO1967(E), dated 24-8-2012, and in supersession of all earlier orders, the Central Board of Direct Taxes hereby constitutes, the Dispute Resolution Panel at the areas of… Read More
CBEC Circular w.r.t. Procedure to avail Chapter 3 (FTP 2009-14) Reward Schemes for exports from Foreign Post Office, New Delhi
Circular No. 29/2013 - Customs F. No. 476/01/2013 - LC Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, Dated, the 5th of August 2013 All Chief Commissioners of Customs, All Chief Commissioners of Central Excise and Service Tax, All Director Generals in CBEC Subject:- Procedure to avail… Read More
Factors Leading to Corporate Frauds and the Measures Taken by the Government to Check them
The Government has said that the reports appearing in a section of media indicate that a Section 25 Company, Thought Arbitrage Research Institute has published a study indicating inter alia occurrence of frauds in companies due to factors like inadequate internal control procedures, diversion of funds by promoters/ top management, failure of audit in detection… Read More
Fast Track Exit Mode for Defunct Companies
The Ministry of Corporate Affairs launched Fast Track Exit Mode on 03.07.2011 to provide an opportunity for defunct companies under Section 560 of the Companies Act, 1956 for getting their names struck off from the register of companies, to facilitate the exit of such defunct companies without getting into the process of winding up. Giving this… Read More
CLR Snippets | Draft National Competition Policy
A draft National Competition Policy has been prepared in consultation with all the stake-holders including the State Governments. Giving this information in written reply to a question in the Lok Sabha, Shri Sachin Pilot, Minister of Corporate Affairs, said that it has now been referred to a Committee of Secretaries for further consideration. Read More
The Mines and Minerals (Development and Regulation) Bill 2011
The Mines and Minerals (Development and Regulation) Bill 2011 (MMDR Bill) was introduced in the Lok Sabha on 12.12.2011 which was then referred to the Standing Committee on Coal and Steel (Standing Committee) for examination and report on 05.1.2012. The Standing Committee submitted its 36th Report on the MMDR Bill on 07.5.2013. The recommendations made… Read More
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