DVAT Circular w.r.t. Filing of Annexure 2 C and Annexure 2D

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(420)/VAT/Policy/2011/2424-30                                                   Dated: 06-09-2013 CIRCULAR No. 14 of 2013-14 Sub: Filing… Read More

DVAT Notification w.r.t. Online submission of Form DP1 – Latest by 16th Oct

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.3(352)/VAT/Policy/2011/751-762                                                                    … Read More

TRAI Releases Recommendations on ˜Valuation and Reserve Price of Spectrum™

The Telecom Regulatory Authority of India (TRAI) has today issued its recommendations on the Valuation and Reserve Price of Spectrum. The Department of Telecommunications (DoT) vide its letter dated 10th July 2013 had sought TRAI™s recommendations on applicable reserve price for auction of spectrum in 1800 MHz, 800 MHz and 900 MHz bands. In this context, TRAI had issued a… Read More

Download draft rules (1st phase) under Companies Act 2013

The Companies Act, 2013: Draft Rules made Public for Comments/Suggestions Module for receiving Suggestions and Comments has been placed on the MCA website The Draft Rules for following Chapters under the Companies Act, 2013 is made live for public comments in 1st phase. The last date of receiving comments on these Rules is 08 October 2013: Chapter I - Preliminary Chapter II - Incorporation of Company and Matters Incidental Thereto Chapter VI - Registration of Charges Chapter VIII - Declaration and Payment of Dividend Chapter IX - Accounts of Companies Chapter X - Audit and Auditors Chapter XI - Appointment and Qualification of Directors Chapter XII - Meeting of Board and its Powers Chapter XVI - Prevention of Oppression and Mismanagement Chapter… Read More

India™s External Debt : A Status Report 2012-13

The Department of Economic Affairs, Ministry of Finance is bringing out the nineteenth issue of the annual publication titled ˜India™s External Debt: A Status Report 2012-13™. The Report presents a detailed analysis of India™s external debt position at end-March 2013, based on the data released by the Reserve Bank of India on June 27, 2013.… Read More

Income Tax Surveys at Jaipur Result in Detection of Undisclosed Income of Rs. 118 Crore

A Survey action was conducted by the Income Tax Department at Jaipur on 03.09.2013 in the case of a leading Builder and Developer of Jaipur which resulted in the detection of the additional income of Rs. 95.14 crores. The assessee not only admitted the said additional income but also furnished the post dated cheques of… Read More

GoI clairfies Land Acquisition Bill Not Against Industrialisation

Union Minister for Rural Development Shri Jairam Ramesh said that the new Land Acquisition Bill is not against industrialisation and urbanisation as there is no bar on purchase of private land. He said the new Act renamed as the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013 will come… Read More

SEBI Circular w.r.t. Principles of Financial Market Infrastructures

CIRCULAR CIR/MRD/DRMNP/26/2013                                 September 04, 2013 To All Clearing Corporations and Depositories. Sir / Madam, Sub: Principles of Financial Market Infrastructures (PFMIs) Background 1. To promote and sustain an efficient and robust global financial infrastructure, the Committee on Payments and… Read More

MCA Public Notice :: Feedback on draft Rules under the Companies Act, 2013

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS No. MCA21 / 13 8/2012 -Adv. Date: 05th September, 2013 PUBLIC NOTICE The Companies Act,  2013  has been notified on 30th August, 2013. First tranche of draft Rules, except Forms, covering 16 Chapters under the new Act, have been posted on the website of the Ministry of Corporate Affairs. The… Read More

Companies Rules, 2013 Draft released by MCA for public comments

Dear Professional Colleagues, It is with utmost pleasure that we inform you all that the Ministry of Corporate Affairs has released the rules covering 16 chapters of the Companies Act, 2013 for the public comments & suggestions. This notice will also be made available on the MCA website on 9th September 2013. The last date… Read More

DGFT notice w.r.t. Relaxation of condition for fulfillment of export obligation in respect of consignments of gold articles

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY (PART-I, SECTION-1) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE No. 25 (RE-2013)/ 2009-2014 NEW DELHI, DATED THE 6th September, 2013 Subject:   Relaxation of condition for fulfillment of export obligation in respect of consignments of gold articles. In exercise of powers… Read More

DGFT circular w.r.t. Non-insistence on sequencing of import of gold being followed by export of gold jewellery/articles of gold.

To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No. 40 (RE2013)/2009-2014 New Delhi, Dated 6th September, 2013 Subject: Non-insistence on sequencing of import of gold being followed by export of gold jewellery/articles of gold.… Read More

RBI Clarification on Swap Window for Attracting FCNR (B) Dollar Funds

RBI/2013-2014/234 FMD.MOAG. No.84 /01.06.016/2013-14 September 6, 2013 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/ Madam, Swap Window for Attracting FCNR (B) Dollar Funds Please refer to the RBI Press Release 2013-2014/494 dated September 04, 2013 on the captioned subject. 2. It has been decided to introduce a US Dollar-Rupee swap window for fresh… Read More

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