Central Govt. amends NOT. No. 1/2017-Compensation Cess (Rate) dt. 28th June, 2017
Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 1/2017-Compensation Cess (Rate), dated the 28th June, 2017. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 18th July, 2017 No. 3/2017-Compensation Cess (Rate)… Read More
Customs Board examines operational problems faced by EOU under GST regime
Circular No. 29/2017-Customs F. No. DGEP/EOU/GST/16/2017 Government of India Department of Revenue Central Board of Excise & Customs Directorate General of Export Promotion New Delhi, 17th July, 2017 To Principal Chief Commissioners/Principal Directors General, Chief Commissioners/Directors General, Principal Commissioners/Commissioners, All under CBEC. Madam/Sir, Sub: Operational problems being faced by EOU in GST regime… Read More
IBBI [FAST TRACK INSOLVENCY PROCESS OF CORPORATE PERSON (CHAPTER IV OF PART II OF THE CODE)]
SECTION 55 -58 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016, READ WITH (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 CHAPTER II, PART II OF THIS CODE (Procedural Manner) CHAPTER VII, PART II OF THIS CODE (Offences & penalties) ________________________________________________________________________________ Note: The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency… Read More
ITD pushes Additional cases of High Cash Deposits in Second Phase of Operation Clean Money
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 14th July, 2017 PRESS RELEASE Income Tax Department Pushes Additional cases of High Cash Deposits in Second Phase of Operation Clean Money The Income Tax Department (ITD) has used information received under the Statement of Financial Transactions (SFT) to… Read More
SEBI amends Debenture Trustees Regulation, 1993
GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JULY 13, 2017 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 13th July, 2017 SECURITIES AND EXCHANGE BOARD OF INDIA (DEBENTURE TRUSTEES (AMENDMENT) REGULATIONS, 2017 No.SEBI/LAD-NRO/GN/2017-18/011.─ In exercise of the powers conferred under section 30 of the Securities and… Read More
SEBI amend the Issue and Listing of Debt Securities Regulations
THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JUNE 13, 2017 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 13th June, 2017 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2017 No. SEBI/LAD-NRO/GN/2017-18/009. ─ In exercise of the powers conferred… Read More
Central Government amends Companies (Meetings of Board and its Powers) Rules, 2014
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 13th July, 2017 G.S.R. 880(E).—In exercise of the powers conferred under sections 173, 175, 177, 178, 179, 184, 185, 186, 187, 188, 189 and section 191 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further… Read More
Increase in the Compensation Cess rate on cigarettes :PIB
Increase in the Compensation Cess rate on cigarettes to make the total tax incidence on cigarettes in GST regime at par with the total tax incidence in pre-GST regime. In pursuance of the recommendations of the GST Council in its 14th Meeting held on 18.05.2017 and 19.05.2017, the Compensation Cess… Read More
Amendment to Investor Grievance Redressal System and Arbitration Mechanism
The SEBI (Securities and Exchange Board of India) has notified a Circular (CIR/CDMRD/DEICE/CIR/P/2017/77) on 11th July amending the Investor Grievance Redressal System and Arbitration Mechanism. The SEBI has issued the circular under Section 11(1) of the SEBI Act 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of… Read More
GST applicable to second hand good on Margin Scheme basis
Position regarding applicability of the Margin Scheme under GST for dealers in second hand goods in general and for dealers in old and used empty bottles in particular. Doubts have been raised regarding the applicability of the Margin Scheme under GST for dealers in second hand goods in general and for dealers in old and… Read More
Registration under GST regime: Traders to register by 30th July 2017
Provisions related to registration under GST regime; Traders are requested to register now without waiting for the last date i.e. 30th July, 2017. As per the GST laws, one is required to take registration on or before 30thJuly, 2017. All traders are requested to register now without waiting for the last date. If one is carrying-out… Read More
Legal Services provided by Advocates to attract tax on reverse charge mechanism
Position regarding applicability of GST on Legal Services provided by individual Advocates including Senior Advocates and a Firm of Advocates. There are points being raised about the applicability of GST on legal services provided by advocates – whether it is in forward charge or reverse charge. It may be mentioned that there is no change made… Read More
SEBI amends Employees’ Service Regulation w.r.t. Grant of increment on promotion grade
SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 9th June, 2017 SECURITIES AND EXCHANGE BOARD OF INDIA (EMPLOYEES' SERVICE) (THIRD AMENDMENT) REGULATIONS, 2017 No. SEBI/LAD-NRO/GN/2017-18/010.—In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to… Read More
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
