Amendments under South Asian Free Trade Area (SAFTA)

 [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. 27/2013 Customs (N.T.) New Delhi, the 1st March, 2013 10 Phalguna, 1934 (SAKA) GSR     (E).” In exercise of the powers conferred by sub-section (1)… Read More

A PPP Policy Framework with Coal India to be Devised to Increase Coal Production

The Finance Minister, P Chidambaram in his Budget speech in Lok Sasbha today said that In the medium to long term, we must reduce our dependence on imported coal. One of the ways forward is to devise a PPP policy framework, with coal India Limited as one of the partners, in order to increase the… Read More

SEBI Issues Guidelines for Enabling Partial Two-Way Fungibility of Indian Depository Receipts

To All Stock Exchanges All Depositories All Registered Merchant Bankers All Registered Registrars to an Issue/STA All Registered Custodians Dear Sir/Madam, Sub: Guidelines for Enabling Partial Two-Way Fungibility of Indian Depository Receipts (IDRs) 1. Securities and Exchange Board of India (SEBI), vide circular No. CIR/CFD/DIL/10/2012 dated August 28, 2012, has prescribed the framework for redemption… Read More

SEBI Chairman inaugurates Local Office at Hyderabad

Shri U.K.Sinha, Chairman, Securities and Exchange Board of India inaugurated the  Local Office of SEBI in Hyderabad, today.   The Local Offices primarily deal with investor education, grievances redressal and other related issues. Shri T.S. Vijayan, Chairman, Insurance Regulatory and Development Authority (IRDA), Shri Rajeev Kumar Agarwal, Whole Time Member, SEBI, Shri Bibhab Dutta, Chief Commissioner… Read More

MoF explains changes in Customs and Central Excise law as per Budget ’13-’14

Government of India Ministry of Finance Department of Revenue Tax Research Unit ***** P. K. Mohanty Joint Secretary (TRU-I) Tel: 23092687 Fax: 23092031 Email: pk.mohanty@nic.in D.O.F.No.334/ 3/2013-TRU New Delhi, dated the 28th February, 2013. Dear Chief Commissioner/ Commissioner, The Finance Minister has introduced the Finance Bill, 2013 in Lok Sabha today, i.e., 28th February, 2013.… Read More

MoF explains changes being made in Service Tax Regime as per Budget 2013

Government of India Ministry of Finance Department of revenue Tax Research Unit V. K. Garg Joint Secretary (Tax Research Unit) Tel: 011-23093027; Fax: 011-23093037 e-mail: garg.vk@nic.in D.O.F. No. 334/3/2013-TRUNew Delhi, dated February 28, 2013. Dear Sir/ Madam, Subject: Union Budget 2013: Changes in Service Tax-reg. The service tax changes in Budget 2013 are largely guided… Read More

AP VAT amendment to the Schedule-IV with new item addition

GOVERNMENT OF ANDHRA PRADESH ABSTRACT The Andhra Pradesh Value Added Tax Act, 2005 (Andhra Pradesh Act No.5 of 2005) Amendment to Schedule-IV Notification Issued. -------------------------------------------------------------------------------------- REVENUE (COMMERCIAL TAXES-II) DEPARTMENT G.O.Ms.No. 118 Dated: 26-02-2013. ORDER: The appended Notification will be published in an Extraordinary Issue of the Andhra Pradesh Gazette, Dated:28-02-2013. NOTIFICATION In exercise of the… Read More

AP VAT Department issues certain instructions on Way Bills

Government of Andhra Pradesh Commercial Taxes Department Office of the Commissioner of Commercial Taxes A.P. Hyderabad CCT™s Ref. Enft/D2/172/2010 Dated :26 -2-2013 Sri Suresh Chanda, I.A.S., Commissioner of Commercial Taxes, A.P. Hyderabad Sub: Way Bills- Certain instructions issued to the Officers -Regarding Ref: G.O. Ms. No. 33 Rev CT.II Department Dated: 21-01-2013 It is to… Read More

AP VAT – AMENDMENTS in Schedule-VI

GOVERNMENT OF ANDHRA PRADESH ABSTRACT The Andhra Pradesh Value Added Tax Act, 2005 Amendments to Schedule-VI Notification Issued. ----------------------------------------------------------------------------------- REVENUE (COMMERCIAL TAXES-II) DEPARTMENT G.O.Ms.No. 117 Dated: 25.02.2013. O R D E R: The appended Notification will be published in the Extraordinary Issue of the Andhra Pradesh Gazette Dated:27-02-2013. NOTIFICATION In exercise of the powers conferred… Read More

Railways encouraging Private Investments in Building Rail Infrastructure

Railways encourage private investments in building rail infrastructure. A new policy for building and strengthening rail connectivity and capacity augmentation has recently been announced. Some of the other areas where railways encourage private investments are development of Private Freight Terminals, Procurement and Leasing of Wagons, Operations of container trains, redevelopment of stations, Loco & Coach… Read More

GoI considering lowering of juvenile age bar and other child rights issues

The Government, in the Ministry of Women and Child Development has held consultations with the child right experts/activists on various issues, including lowering the age bar for juveniles. The Government, in the Ministry of Home Affairs have constituted a committee of eminent jurists under the Chairmanship of Justice (Retd.) J.S. Verma, former Chief Justice of… Read More

Minister of Tourism Proposes Extension of Visa on Arrival Scheme to 16 more countries

Union Tourism Minister Shri K Chiranjeevi met the Union Home Minister Sri Sushilkumar Shinde here today and submitted a proposal to extend Visa-on-arrivals to 16 more countries. The Ministry of Tourism strongly felt that the Tourist Visa on Arrival (TVOA) facility for those countries, which are potential source markets to India and where there have… Read More

MoC Speak :: Low Rate Weaver Loans to be Game Changer, Proposes New Comprehensive Integrated Handloom Cluster Scheme for 5000 Handlooms

The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma has welcomed the announcements made by the Finance Minister on textiles sector in his Budget Speech yesterday. Shri Sharma, while delivering the keynote address during the one-day conference on National Consultation on Handloom sector, here today said that the announcement for providing fresh working… Read More

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