The Wakf (Amendment) Bill, 2013 Receives the Assent of the President

The Wakf (Amendment) Bill, 2013 Receives the Assent of the President Published in the Gazette of India as Act No. 27 of 2013 The Wakf (Amendment) Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 23rd September 2013… Read More

RBI Issues Clarifications Regarding Applicability of Revised ODI Guidelines

RBI Issues Clarifications Regarding Applicability of Revised Guidelines in Respect of Overseas Direct Investment (ODI) to Facilitate Outward Investment Requirements of the Indian Companies Reserve Bank of India (RBI) has issued certain clarifications vide AP (DIR Series) Circular No. 30 dated September 04, 2013 with respect to the applicability of the revised guidelines in respect… Read More

Bring in the Foreign Investor – Drop the Retrospective Tax

It took the rupee to have a lowest ever fall for the Government to understand that the decision of retrospective amendments to tax was a big blow to the Indian economy. The foreign investor had lost trust in India after seeing the regulatory barriers and was reluctant to do business in India. There are 16… Read More

Trade Credits for Import into India

RBI/2013-14/290 A.P. (DIR Series) Circular No. 53 September 24, 2013 To, All Category - I Authorised Dealer Banks Madam / Sir, Trade Credits for Import into India Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 87 dated April 17, 2004, A.P. (DIR Series) Circular No.… Read More

Financial Inclusion top in RBI’s agenda

RBI appoints Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households to frame a detailed vision on financial inclusion. The Reserve Bank of India today announced appointment of a Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households under the Chairmanship of Shri Nachiket Mor, Member on the Central Board of… Read More

RBI extends the date for receipt of comments on the Discussion Paper on ˜Banking Structure in India The Way Forward™

The last date for receipt of comments on the issues raised in the Discussion Paper on ˜Banking Structure in India The Way Forward™ has been extended from September 30, 2013 to October 31, 2013. The comments may be forwarded to the Principal Chief General Manager, Department of Banking Operations and Development, Reserve Bank of India,… Read More

Filing of online stock statement as of 31st March ’13 in DVAT Form Stock 1 stands withdrawn with immediate effect

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(433)/Policy-II/VAT/2012/PF/ 817-828                                            … Read More

DVAT (Third Amendment) Rules, 2013

In exercise of the powers conferred by section 102 of the Delhi Value Added Tax Act, 2004 (Delhi Act 3 of 2005), the Lt. Governor of the National Capital Territory of Delhi, has amended the Delhi Value Added Tax Rules, 2005. The Notification is available for download. Click Here.  Read More

DVAT Amnesty Scheme

Click here to Download the Notification ------------------------------------- (TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I. P. ESTATE: NEW DELHI-110002 No.F.3(16)/Fin.(Rev-I)/2013-14/dsVI/786                                      … Read More

DVAT Central Form 1

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I.P.ESTATE: NEW DELHI-110002 No.F.3(16)/Fin.(Rev-I)/2013-14/dsVI/787 Dated the 20.09.2013 NOTIFICATION No.F.3(16)/Fin.(Rev-I)/2013-14/ .- In exercise of the powers conferred by subsections 3 and 4 of section 13 of the Central Sales tax Act,1956 (Act No.… Read More

CSR Index to be developed – First of its kind in India

Indian Institution of Corporate Affairs (IICA) and BSE Ltd. today signed an MoU in Mumbai to work collaboratively to develop a Corporate Social Responsibility (CSR) index, take up capacity building on CSR, conduct education and awareness programmes, and other activities to facilitate a more effective corporate participation in CSR areas. Shri Sachin Pilot, Minister of… Read More

TRAI Notifies Amendments to the Interconnection Regulations

TRAI Notifies Amendments to the Interconnection Regulations Applicable for Digital Addressable Cable TV Systems (DAS) and Tariff Order Applicable for Addressable Systems The Telecom Regulatory Authority of India (TRAI) has today notified the amendments to the Interconnection Regulations applicable for Digital addressable cable TV systems (DAS) and Tariff Order applicable for addressable systems. The amendments… Read More

Ministry of Corporate Affairs issues Companies (Removal of Difficulties) Order, 2013

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated __] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 20th September 2013 S.O. (E). - Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President… Read More

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