Corporate Law Reporter - The Daily Journal

Amendments to the All Industry Rates of Duty Drawback effective from 25.01.2018

Circular No. 4/2018-Customs F. No. 609/12/2018-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs New Delhi, the 24th January, 2018 To Principal Chief Commissioners / Principal Directors General Chief Commissioners / Directors General Principal Commissioners & Commissioners, all under CBEC Madam/Sir, Subject: Amendments to the All Industry Rates… Read More

CBEC postpons the enforcement of the E-way bill Rules

`[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. 11/2018 – Central Tax New Delhi, the 2 nd February, 2018 G.S.R……(E):- In exercise of the powers conferred by section 164 of the… Read More

CBEC to be renamed central board of indirect taxes and customs (CBIC)

With the roll out of GST, the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2018-19 in Parliament today, announced that the name of Central Board of Excise and Customs [CBEC] will be changed to Central Board of Indirect Taxes and Customs (CBIC). The necessary changes in law… Read More

Incentive For Real Estate: No Adjustment To Be Made If The Circle Rate Value Does Not Exceed 5% Of The Consideration

The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley proposed that no adjustment shall be made in a case where the circle rate value does not exceed 5% of the consideration. While presenting the General Budget 2018-19 in Parliament here today, he said, “Currently, while taxing income from capital gains, business profits and… Read More

Tax incentives for International Financial Services centre

Tax incentives for International Financial Services centre Transfer of derivatives and certain securities by non-residents exempted from capital gains tax Non-corporate taxpayers operating in IFSC to be charged alternate minimum tax at concessional rate of 9% at par with minimum alternate tax applicable for Corporates In order to promote trade in stock exchanges located in… Read More

SEBI to consider mandating corporates to meet one-fourth financing from bond market

Government will reform stamp duty regime on financial securities transactions A unified authority to be established for regulating all financial services in IFSCS in india The Finance Minister Shri Arun Jaitley has said that his Ministry will leverage the India Infrastructure Finance Corporation Limited (IIFCL) to help finance major infrastructure projects, including investments in educational… Read More

Amendments in the Income-Tax Act proposed to notify a new scheme for assessment in electronic mode

E-assessment to be rolled-out across the country to transform age-old assessment procedure In the General Budget 2018-19 presented in Parliament today, the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley proposed to amend the Income-tax Act to notify a new scheme for assessment. Shri Jaitley said the assessment will be done in electronic… Read More

Highlights of Budget 2018-19

PRESS INFORMATION BUREAU GOVERNMENT OF INDIA HIGHLIGHTS OF BUDGET 2018-19 New Delhi, 01 th February, 2018 12 Magha, 1939 Finance Minister Shri Arun Jaitley presents general Budget 2018-19 in Parliament. Budget guided by mission to strengthen agriculture, rural development, health, education, employment, MSME and infrastructure sectors. Government says, a series of structural reforms will propel… Read More

SEBI circular on Online Registration Mechanism and Filing System for Stock Exchanges

CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2018/14 January 29, 2018 To, All Recognised Stock Exchanges Dear Sir / Madam, Subject: Online Registration Mechanism and Filing System for Stock Exchanges 1. In order to ease the process of application for recognition / renewal, reporting and other filings in terms of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012… Read More

EXIT ORDER IN RESPECT OF INDIA PEPPER AND SPICE TRADE ASSOCIATION, KOCHI

Jan 29, 2018 PR No.: 4/2018 EXIT ORDER IN RESPECT OF INDIA PEPPER AND SPICE TRADE ASSOCIATION, KOCHI Whole Time Member, SEBI, has passed an Order on January 10, 2018 providing exit to M/s. India Pepper and Spice Trade Association, Kochi (IPSTA). IPSTA is the fifth Commodity Derivatives… Read More

Online Registration Mechanism and Filing System for Depositories: SEBI

CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2018/13 January 29, 2018 To, All Recognised Depositories Dear Sir / Madam, Subject: Online Registration Mechanism and Filing System for Depositories 1. In order to ease the process of application for recognition / renewal, reporting and other filings in terms of Securities and Exchange Board of India(Depositories and Participants) Regulations, 1996 and other circulars… Read More

Zero fee for Incorporation :MCA

[To be published in the Gazette of India, Extraordinary, part II, Section 3, sub_ Section (i)] Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 20th January, 2018 G.S.R.....(E)-ln. exercise of the powers conferred by sections 396,398,399,403 and 404 read with sub-sections (1) and (2) of section 469 of the companies Act, 2013 [18… Read More

Companies (Incorporation) Amendment Rules, 2018 notified

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th January 2018 G.S.R… (E)- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central… Read More