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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

Kerala Plan for 2013-14 Finalized

The Annual Plan for the year 2013-14 for the state of Kerala was finalised here today at a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Kerala, Sh. Oommen Chandy. The plan size has been agreed at Rs.17000 crore. In his comments on the plan performance of the State,… Read More

National Workshop on ˜Grid Integration of Renewable Energy Sources and Energy Efficiency’ inaugurated.

Inaugurating the National Workshop on ˜Grid Integration of Renewable Energy Sources and Energy Efficiency' the Minister for New & Renewable Energy, Dr. Farooq Abdullah said that today™s workshop is a forerunner to the fourth clean energy Ministerial summit in that it will discuss the important areas of clean energy development which are grid integration of… Read More

Multi-sectoral Development Programme – Implementation Review

Shri K. Rahman Khan Reviews Implementation of Multi-sectoral Development Programme and PM™s New 15 Point Programme. Ensure Successful Implementation of Area Development Schemes by being Proactive -Shri K. Rahman Khan Ministerial Review of Multi-sectoral Development Programme In spite of substantial progress, there is a need for more effective implementation of minority area development programmes during Twelfth Five-Year… Read More

INTRA-IPS Portal Launched

INTRA-IPS (http://intraips.gov.in) official website has been launched by Shri S. Jayaraman (Special Secretary-Internal Security), Ministry of Home Affairs, at New Delhi today. The main features of this website are:- 1. Indian Police Service Civil List, Immovable Property Returns, Latest notifications/circulars, Rules, Police Medal Awardees list etc. related to all IPS officers all over India. 2.… Read More

TRAI Consultation Paper – Response timeline extended

TRAI Extension of last date to receive comments of stakeholders on TRAI™s Consultation paper on Universal Single Number Based Integrated Emergency Communication and Response System TRAI had invited comments of stakeholders TRAI™s Consultation paper on Universal Single Number Based Integrated Emergency Communication and Response System dated 15th March 2013. The last dates for receiving written… Read More

Excise Duty Evasion Case – Fraudulent Availment of Cenvat Credit

Central Excise Duty Evasion Case Booked by Directorate General of Central Excise Intelligence (DGCEI) against M/S. Sai Steel Traders and M/S. Sai Multimetals, Mandi Gobindgarh; The Fraudulent Availment of Cenvat Credit and Consequent Loss of Revenue is estimated to be in the Range of Rs.100 Crore. Directorate General of Central Excise Intelligence (DGCEI) Hqrs., New… Read More

FDI Policy Revised – Circular With Effect from 5th April 2013

The Government of India is seeking to further simplify the foreign investment regime, by releasing a revised consolidated FDI policy guidelines. The changes include investments in sectors like single and multi-brand retail, power exchanges, asset reconstruction companies (ARCs), broadcasting, civil aviation, and non-banking financial companies (NBFCs). The following is the extract from the new guidelines.… Read More

MVAT Amendment in VAT Rate on Precious Stone (Diamond) Wef 01.04.2013

FINANCE DEPARTMENT Mantralaya, Madam Cama Marg, Hutatma Rajguru Chowk, Mumbai 400 032, dated the 4th April 2013. NOTIFICATION MAHARASHTRA VALUE ADDED TAXACT, 2002. No. VAT. 1513/CR 46(7)/Taxation-1.”Inexercise of the powers conferred by sub-section (1) of section 9 of theMaharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government ofMaharashtra hereby amends,SCHEDULE ˜B™ appended to the said Act, as follows, namely: In… Read More

CUP & LIBOR most appropriate to determine ALP of Loan Transaction

CLR Editorial Notes: The case refers to a case of Transfer pricing on a loan transaction made by the assessee and the appellant in this case. The assessee was an Indian company which gave a loan of more than USD 1 Million to its USA based Associated Enterprise (AE) at a interest rate of 4%. The Transfer Pricing… Read More

RBI Monetary and Credit Information Review March 2013

The Monthly Publication from RBI - Monetary and Credit Information Review March 2013 is available for download.  ****** Read More

DVAT Amendments in 2012-13 – Highlights

DVAT - Delhi Value Added Tax (Amendment) Act, 2013; Notification No. F.14(4)/LA-2013/cons2law/11, dated 28.3.2013 read with No.3(17)/Fin.(Rev.-1)/ 2012-13/dsvi/263; dated 30.3.2013 (i) Increase in taxable quantum from Rs. 10 lacs to Rs. 20 lacs. Thus, a dealer is not required to get registration under the DVAT Act until his local turnover in a financial year exceeds… Read More

CBDT Notifies Subordinate Officer

SECTION 118 OF THE INCOME-TAX ACT, 1961 - INCOME-TAX AUTHORITIES - CONTROL OF - NOTIFIED SUBORDINATE OFFICER NOTIFICATION NO. 24/2013 DATED 28-3-2013 SO 854(E)-In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that the Commissioner of Income-tax (Central), Bhopal shall be subordinate… Read More

Bar Code on Primary Packaging – Effective Date deferred

To be published in the Gazette of India Extraordinary Part-I, Section-I Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 54 (RE-2012)/2009-2014 New Delhi, Dated the 5th April, 2013 Sub: Deferment in the date of effect for implementation of bar code on Primary level packaging on… Read More

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