Corporate Law Reporter - The Daily Journal

CBEC circular on taxable services provided by the members of the Joint Venture

Circular No. 35/9/2018-GST 1 F. No. B-1/20/2016-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** Room No. 146G, North Block, New Delhi, 5 th March 2018 To, The Principal Chief Commissioners/Chief Commissioners/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Joint… Read More

Review of Currency Distribution & Exchange Scheme (CDES)

RBI/2017-18/136 DCM (CC) No. 3071/03.41.01/2017-18 March 01, 2018 The Chairman & Managing Director / Chief Executive Officer, All Banks Madam / Dear Sir, Review of Currency Distribution & Exchange Scheme (CDES) Please refer to the announcement made in Part B of the Bi-Monthly Review of Monetary Policy dated February 7, 2018. The RBI has been providing… Read More

Separate limit of Interest Rate Futures (IRFs) for Foreign Portfolio Investors (FPIs):RBI

RBI/2017-18/137 FMRD.DIRD.6/14.03.001/2017-18 March 1, 2018 All market participants Madam/Sir, Separate limit of Interest Rate Futures (IRFs) for Foreign Portfolio Investors (FPIs) Please refer to Paragraph 8 of the statement on Developmental and Regulatory Policies, issued as part of the third Bi-monthly Monetary Policy Statement for 2017- 18 dated August 02, 2017, wherein a separate limit of… Read More

Exchange Rate for conversion of Foreign Currency effective from 2nd March, 2018

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) ***** Notification No. 18 /2018 - Customs (N.T.) New Delhi, dated the 1st March, 2018 10 Phalguna 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of… Read More

CCI(Salary, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Amendment Rules, 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28 th February, 2018. G.S.R. 190(E).—In exercise of the powers conferred by clause (d) of sub-section (2) of section 63 read with sub-section (1) of section 14, of the Competition Act, 2002 (12 of 2003), the Central Government hereby makes the following rules further to amend the… Read More

Govt. revises agreement between India and Kenya on DTAA

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 19th February, 2018 (INCOME TAX) S.O. 731(E).—Whereas, an Agreement between the Government of the Republic of India and the Government of the Republic of Kenya for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income was signed… Read More

Govt. notifies Income-tax (First Amendment) Rules, 2018

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION No. 10/2018 New Delhi, the 19th February, 2018 INCOME-TAX G.S.R. 176(E).– In exercise of the powers conferred by clause (aa) and clause (ab) of sub-section (1) of section 12A read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board… Read More

CBDT notifies Centralised Communication Scheme, 2018

MINISTRY OF FINANCE (Department Of Revenue ) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 22nd February, 2018 S.O. 771(E).—In exercise of powers conferred by sub-section (3) of section 133C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following scheme for centralised issuance of notice,… Read More

MCA appoints Shri Gyaneshwar Kumar Singh as ex officio member of IBBI

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22nd February, 2018 S.O. 780(E).—In exercise of the powers conferred by clause (b) of sub-section (1) of section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints Shri Gyaneshwar Kumar Singh, Joint Secretary, Ministry of Corporate Affairs as ex-officio member… Read More

MCA exempts companies engaged in defence production from segment reporting

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRA-ORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23 February, 2018 S.O.___(E). – In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) and sub-section (2) of section 462 of the Companies Act,… Read More

Govt. clarifies applicability of Not.No. 2/2018-Central Excise dt. 2nd February, 2018

[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. 18/2018-Central Excise New Delhi, the 23rd February, 2018 G.S.R. (E). - In exercise of the power conferred by sub-section (2A) of section 5A of the Central Excise Act, 1944… Read More

Govt. clarifies applicability of No. 1/2018-Central Excise Dt. 2nd February, 2018

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 23rd February, 2018 No. 17/2018-Central Excise G.S.R. 183(E).—In exercise of the power conferred by sub-section (2A) of section 5A of the Central Excise Act, 1944 ( 1 of 1944), read with section 111 of the Finance (No.2) Act, 1998 (21 of 1998), the Central Government… Read More

RBI to constitute Expert Committee to mitigate the incidence of divergence and frauds

Reserve Bank of India (RBI), as part of its ongoing efforts for strengthening of the supervisory framework in the country, has been issuing necessary instructions to banks from time to time on a variety of issues of prudential supervisory concern, including the management of operational risks inherent in the functioning of banks. The risks arising… Read More