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.
A:544, Tower B2, Spaze i-Tech Park Gurgaon, Haryana, India
27th Annual Conference of Chief Commissioners and Directors General of Income Tax
Govt. of India, Ministry of Finance,Department of Revenue, Office of Chief Commissioner of Income Tax, Room No.365, 3rd Floor, Central Revenue Building, I.P.Estate, New DelhI-110002 No. CC/Delhi /Coord/ 2011.12 Date 09.05.2011 All Chief Commissioners / Director Generals Dear Sir / Madam Sub: 27th Annual Conference of ChiefCommissioners & Directors General of income Tax, 2011 1. The 27t… Read More
Workshop on Draft Draft National Voluntary Guidelines on Social Responsibilities
Multi-Stakeholder Consultations Draft National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs) & Global Reporting Initiative (GRI) Sustainability Reporting Guidelines A Half-Day multi Stakeholder consultation is being organized by the Indian Institute of Corporate Affairs (IICA) and Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ)under a bilateral cooperation, the IICA-GIZ CSR Initiative,Global Reporting Initiative… Read More
FAQ’s on Special Provisions for International Workers under Provident Fund
1) Who is an International Worker? An International worker may be an Indian worker or a foreign national. - Any Indian employee working or having worked abroad in a country with which India has entered into a Social Security Agreement (SSA); OR - Any foreigner working in India in an establishment where the Employees Provident… Read More
Rules reg. Exemption from Liability for Hosting Third Party Information
Exemption from Liability for Hosting Third Party Information: Diligence to be Observed under Intermediary Guidelines Rules The attention of Government has been drawn to news items in a section of media on certain aspects of the Rules notified under Section 79 pertaining to liability of intermediaries under the Information Technology Act, 2000. These items have… Read More
CCI Releases Regulation of Combinations for Corporate Sector
The Competition Commission of India (CCI) today released the regulation of Combinations related with the implementation of provisions of Section 5 & 6 of Competition Act (the Combination Provisions, which have been envisaged to prevent creation of anti competitive environment in Indian economy),are coming into effect from 1st June, 2011. Elaborating the modalities of new rules to the media… Read More
Approval for FDI in Limited Liability Partnership firms
The Cabinet Committee on Economic Affairs today approved the proposal to amend the policy on allowing Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP) firms. The FDI in LLPs will be implemented in a calibrated manner, beginning with the ˜open™ sectors where monitoring is not required, subject to the following conditions: (a) LLPs… Read More
CCI notifies Combination Regulations to regulate M&As
Competition Commission of India (CCI) (Procedure in regard to the transaction of business relating to combination) Regulation 2011 The Competition Commission of India (CCI) today notified regulations requiring corporates to seek its approval before going in for high value mergers and acquisitions. Only those proposals would need the CCI™s nod where the companies have combined assets… Read More
ICSI President’s Communique – May, 2011
Dear Professional Colleagues, With vision there is no room to be frightened. No reason for intimidation. It™s time to march forward! Let™s be confident and positive! - Charles R Swindoll (American Writer and Clergyman) ICSI Vision Plan 2020 Globalisation is here to stay and the opportunities can be best capitalized only through engagement, not exclusion… Read More
Notification No. 39/2011-Customs
[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. 39/2011-Customs New Delhi, the 10th May, 2011 G.S.R. 377(E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the… Read More
LIC issuing receipts without adequate stamps
Several branches of Life Insurance Corporation of India, the country's largest insurance company, are allegedly causing huge loss to exchequer by issuing receipts without affixing revenue stamps. The matter came to light during a hearing before the Central Information Commission which directed the LIC to make public details of all the revenue stamps purchased by the… Read More
RBI penalises cooperative banks for violations of KYC and AML norms
The Reserve Bank has imposed a monetary penalty of Rs 1 lakh each on two cooperative lenders -- Randheja Commercial Cooperative Bank and Gandevi People's Cooperative Bank -- for violation of banking norms. The Gandhinagar-based Randheja Commercial Co-operative Bank has been penalised for violation of the RBI instructions on implementation of Know Your Customer (KYC)… Read More
BSE seeks to revive its wholesale debt trading platform
The country's oldest stock exchange, the BSE, is looking to revive its wholesale debt trading platform with the waiver of annual charges and lower net worth requirements for those willing to trade on the bourse. The exchange has decided to waive off the annual subscription fee of Rs 25,000 for its wholesale debt market (WDM)… Read More
Time sought for new import duty norms for completely knocked down (CKD) units
Heavy Industries and Public Enterprises Minister Praful Patel today said his ministry has asked the Finance Ministry to give two years' time to the auto industry to comply with the new import duty norms for completely knocked down units. "We have sent a formal request to the Ministry of Finance with the request from SIAM.… Read More
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