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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All-India Consumer Price Index for Agricultural and Rural Labourers for December, 2012
The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for December, 2012 increased by 3 points each to stand at 688 (Six hundred and eighty eight) points for Agricultural Labourers and 689 (Six hundred and eighty nine) points for Rural Labourers. The rise/fall in index varied from State to State. In… Read More
FM statement on Fiscal Deficit Limits
The Union Finance Minister Shri P. Chidambaram said that the fiscal consolidation roadmap for Centre has been laid out and the Government will not breach the Fiscal Deficit limits. The Union Finance Minister highlighted the challenges that economy is facing today and the urgency of reform measures needed to address these challenges. The Finance Minister… Read More
FM statement on keeping the investment cycle running
PRESS INFORMATION BUREAU GOVERNMENT OF INDIA *** Immediate Priority Of The Government Is To Keep The Investment Cycle Going: FM New Delhi, Pausa 17, 1934 January 7, 2013 The Union Finance Minister Shri P. Chidambaram said that immediate priority of the Government is to keep the investment cycle going. He said that both domestic and… Read More
Press Statement made by the Chairperson, CBDT on Issues Relating to Export of Computer Software
PRESS INFORMATION BUREAU GOVERNMENT OF INDIA *** CLARIFICATION REGARDING ISSUES RELATING TO EXPORT OF COMPUTER SOFTWARE- DIRECT TAX INCENTIVES. New Delhi, Pausa 27, 1934 January 17, 2013 Following is the text of the Statement made by the Chairperson, CBDT to the media here today: The Indian Software Industry has been the beneficiary of direct tax… Read More
FM Inaugurates The First BRICS Heads Of Revenue Meeting
PRESS INFORMATION BUREAU GOVERNMENT OF INDIA *** FM INAUGURATES THE FIRST BRICS HEADS OF REVENUE MEETING; EMPHASIZED THE NEED FOR GREATER COOPERATION AMONG BRICS COUNTRIES IN THE AREA OF TAX ADMINISTRATION; REITERATES THE COMMITMENT OF THE GOVERNMENT TO A STABLE TAX REGIME, MODERATE TAX RATES, NON- ADVERSARIAL TAX ADMINISTRATION AND A FAIR MECHANISM FOR DISPUTE… Read More
Amendment of Company Secretaries Regulations to implement New Training Structure of the ICSI
The following draft of certain regulations further to amend the Company Secretaries Regulations, 1982 which the Council of the Institute of Company Secretaries of India proposes to make, in exercise of the powers conferred by sub-section (1) of section 39 of the Company Act, 1980 (56 of 1980), and with the prior approval of the… Read More
New President & Vice- President Of ICSI For The Year 2013
CS S. N. Ananthasubramanian has been elected as the PRESIDENT of the Council of the Institute Company Secretaries of India (ICSI) w.e.f. 19th January, 2013. He was the Vice-President of ICSI in 2012. A member of the Council of ICSI since 2007,he was re-elected in 2010 for the term 2011-2014. Shri Ananthasubramanian, B.Com (Hons), FCS… Read More
Final Report on General Anti Avoidance Rules (GAAR) in Income-tax Act, 1961
The Ministry of Finance has released the Final report on the GAAR (General Anti Avoidance Rules) provided by the Expert committee appointed to study the recommendations. The Committee has since recommended to postpone the GAAR for 3 years. The Full copy of the report is available for download here. Read More
Scheme for Centralised Processing of Statements of TDS
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii) of dated the 15thJANUARY, 2013] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 15th January, 2013 S.O. 169 (E).” In exercise of the powers conferred by sub-section (2) of section 200A… Read More
Update on Double Taxation Agreement with Netherlands
SECTION 90 OF THE INCOME-TAX ACT, 1961 - DOUBLE TAXATION AGREEMENT - AGREEMENT FOR AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH FOREIGN COUNTRIES - NETHERLANDS - AMENDMENT IN NOTIFICATION NO.GSR 382(E), DATED 27-3-1989 NOTIFICATION NO. 2/2013 [F.NO.501/02/1983-FTD-I], DATED 14-1-2013 WHEREAS a Protocol for amending the Convention between the Republic of India and… Read More
Decisions taken in SEBI Board Meeting in Chennai
The SEBI Board met in Chennai today and took the following decisions: 1. Review of Offer for Sale (OFS) through stock exchange mechanism. The Board noted that the OFS mechanism has been found to be useful by market participants and popular for offloading shares of promoters in listed companies in order to achieve minimum public shareholding.… Read More
Amendments to Employee Stock Option Scheme and Employee Stock Purchase Scheme Guidelines
CIR/CFD/DIL/3/2013 January 17, 2013 To All Stock Exchanges All Registered Merchant Bankers Dear Sir/Madam, Sub: Amendments to SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 and Equity Listing Agreement. 1. SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 ("SEBI (ESOS & ESPS) Guidelines") were issued to enable listed entities… Read More
Areas of tax policy and administration cooperation between BRIC countries
Heads of the Revenue of Brics Countries Identifies Seven areas of tax policy and tax Administration for Extending their Mutual Cooperation; joint Communique issued after Two Day meeting of the heads of Revenue of Brics Countries Affirming their continued commitment to promote closer coordination and cooperation in the area of tax administration, the Heads of… Read More
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