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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Form 8, 10 and 17 can be filed even for Defaulting Companies
F.No.17/146/2011-CLV General Circular No.09/2012 Government of India Ministry of Corporate Affairs 5th Floor, Shastri Bhavan, Dr. R.P. Road, New Delhi-110001. Dated: 15th May 2012 To All Regional Directors, All Registrar of Companies, Subject: Compliance of the provisions of Companies Act, 1956 and the Rules made there under. Sir, The Ministry had issued general circular no.… Read More
New forms for PAN application
With effect from April 8, 2012, PAN applications are required to be furnished in the new forms prescribed by ITD. Indian citizens will have to submit their ˜Application for allotment of new PAN™ in revised Form 49A only. Foreign citizens will have to submit their ˜Application for allotment of new PAN™ in newly notified Form… Read More
Foreign Direct Investment (FDI) Policy – Circular No. 2 of 2012 – Effective from 1st April, 2012
The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months. This ˜Circular 1 of 2012™-is the fifth edition of the consolidated policy document. In view of the fact that Government has undertaken substantial rationalization/ liberalization… Read More
Telenor files a $14 billion lawsuit against Unitech
With the recent Supreme Court ruling regarding mobile phone service providers' licenses being revoked, aside from their own personal financial downfall in this case, some have it still worse than others. For example, Unitech, an Indian real estate company, who is tied to Norway™s major telecom provider, Telenor, and has been providing services in India… Read More
CBDT sets up panel for tax anti-avoidance
The CBDT, India™s apex body for administration of taxes, has formed a six-member committee to draft guidelines for enforcing the general anti-avoidance rules (GAAR) introduced in the Union budget to crack down on tax cheats. The panel, headed by CBDT chairman Laxman Das, is expected to submit the draft norms to the finance ministry within… Read More
Finance Bill 2012-13- Service Tax Highlights
1:- INTRODUCTION OF NEGATIVE LIST APPROACH: A Negative List approach to taxation of services is being introduced vide new sections, namely, 65B, 66B, 66C, 66D, 66E and66F proposed in Chapter V of the Finance Act, 1994 (please refer clause 143 of the Finance Bill, 2012). The services specified in the ˜Negative List™ (section 66D) shall… Read More
Notification No. 22 /2012 – amend the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 1996
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 22 /2012- Customs (N.T.) G.S.R. (E).- In exercise of the powers conferred by section 156 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following… Read More
Notification No.21/2012 – Amend the Baggage Rules,1998
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi dated the 17th March, 2012 Notification No.21/2012-Customs (N.T.) G.S.R. (E).- In exercise of the powers conferred by section 79 of the Customs Act, 1962 (52 of 1962), the Central… Read More
Notification No. 20/2012-Customs (N.T.)
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, dated the 17thMarch, 2012 Notification No. 20/2012-Customs (N.T.) G.S.R (E). - In exercise of the powers conferred by section 11 of the Customs Act, 1962 (52 of 1962), the… Read More
Notification No.14/2012 Central Excise
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the 17th March, 2012 Notification No.14/2012 Central Excise G.S.R. (E). - In exercise of the powers conferred by sub-section (3) of section 3A of the Central Excise Act, 1944(1… Read More
Notification No. 15/2012 – amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2003-Central Excise, dated the 1st March, 2003
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 17th March, 2012 Notification No. 15/2012-Central Excise G.S.R. (E). - In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944… Read More
Notification No. 16/2012 – amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 01/2011-Central Excise, dated the 1st March, 2011
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 17th March, 2012 Notification No. 16/2012-Central Excise G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1… Read More
Notification No.17/2012-Central Excise
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 17th March, 2012 Notification No.17/2012-Central Excise G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of… Read More
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