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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Decisions taken on Services – 21st GST Council Meeting, 9th September, 2017
The following decisions were taken by the GST Council at its 21st meeting held in Hyderabad on 9th September, 2017. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes. The decisions of the GST Council are being… Read More
Govt.extends time limit for filing of GSTR-6 by an Input Service Distributor
[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 Central Board of Excise and Customs Notification No. 31/2017 – Central Tax New Delhi, the 11th September, 2017 G.S.R. …..(E).—In exercise of the powers conferred by sub-section (6) of section 39… Read More
CBEC further extends the time limit for filing GSTR-1, GSTR-2 and GSTR-3
[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 Central Board of Excise and Customs Notification No. 30/2017 – Central Tax New Delhi, the 11th September, 2017 G.S.R.(E).- In exercise of the powers conferred by the second proviso to sub-section… Read More
Direct Tax Collections up-to August, 2017 in 2017-18 show Growth of 17.5%
Direct Tax Collections up-to August, 2017 in the current Financial Year 2017-18 show Growth of 17.5% The Direct Tax collections up to August, 2017 in the current Financial Year 2017-18 continue to register a steady growth. Direct Tax collections, net of refunds, stands at Rs. 2.24 lakh crore which is 17.5% higher than the net collections for… Read More
RBI says it uses sophisticated machines for processing currency notes
It has been reported in a section of the press, quoting a reply to RTI application, that RBI was not using machines for counting Specified Bank Notes (SBNs). RBI actually uses sophisticated Currency Verification & Processing (CVPS) machines for checking the numerical accuracy and genuineness of the currency notes, including SBNs. These machines are way… Read More
Alteration in the name of “National Bank of Abu Dhabi PJSC” to “First Abu Dhabi Bank PJSC” in RBI Act
RBI/2017-18/53 DBR.No.Ret.BC.84/12.07.150/2017-18 September 7, 2017 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "National Bank of Abu Dhabi PJSC" to "First Abu Dhabi Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "National Bank of Abu Dhabi PJSC" has been changed… Read More
Inclusion of “Qatar National Bank SAQ” to Schedule -II of the Reserve Bank of India Act, 1934
RBI/2017-18/52 DBR.No.Ret.BC.83/12.07.150/2017-18 September 07, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Qatar National Bank SAQ” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Qatar National Bank SAQ” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.18/23.03.032/2017-18… Read More
Inclusion of “Ujjivan Small Finance Bank Limited” in Schedule-II of the Reserve Bank of India Act, 1934
RBI/2017-18/54 DBR.No.Ret.BC.85/12.07.150/2017-18 September 07, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Ujjivan Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Ujjivan Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide… Read More
Central government delegates power under S.66(2) of Companies Act ,2013
[To be published section (ii)l in the Gazette of India, Extra-ordinary, Part-II, Section 3- Sub setion (ii)] Ministry of Corporate Affairs Notification New Delhi, dated the 4th September,2017 S.O. - (E).-In exercise of the powers conferred by section 458 of the Companies Act,2013(18 of 2013),the Central Government hereby delegates to the Regional Directors at Mumbai,… Read More
CBEC notifies Exchange Rate of Foreign Currency w.e.f. 8th September,2017
Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.81/2017-CUSTOMS (N.T.), dated 17th August, 2017, except as respects things done or omitted to be done… Read More
MCA exempts certain unlisted Public Companies from the appointment of Independent Directors
General Circular No.09/2017 No.1,/22/2013-CL-V Government of India Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi Dated: 5th September, 2017 To All Regional Directors, All Registrar of Companies, All Stakeholders Subject: Exemptions given to certain unlisted Public Companies under the Companies (Appointment And Qualification of… Read More
Department of Financial Services advises all Banks to put restrictions on bank accounts of “Struck Off ” Companies
Department of Financial Services advises all Banks to take immediate steps to put restrictions on bank accounts of over two lakh 'struck off' companies Government has stepped up decisive action against companies falling within the ambit of Section 248 of the Companies Act. The names of 2,09,032 companies have been struck off from the Register… Read More
Govt notifies Contract Labour (Regulation and Abolition) Central Amendment Rules, 2017
MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 5th September, 2017 G.S.R. 1128(E).—Whereas, a draft of certain rules further to amend rule 69 of the Contract Labour (Regulation and Abolition) Central Rules, 1971, was published, as required by section 35 of the Contract Labour (Regulation and Abolition) Act, 1970 (37 of 1970) vide notification… Read More
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