Wage Limit under Payment of Wages Act increases from Rs 18000 to Rs. 24000
MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 28th August, 2017 S.O. 2806(E).—In exercise of the powers conferred by sub-section (6) of section 1 of the Payment of Wages Act, 1936 ( 4 of 1936), the Central Government, on the basis of figures of the Consumer Expenditure Survey published by the National Sample Survey… Read More
M&A of banking companies exempted from Section 5 and 6 of Competition Act
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th August, 2017 S.O. 2828(E).—In exercise of the powers conferred by clause (a) of Section 54 of the Competition Act, 2002 (12 of 2003), the Central Government in the public interest hereby exempts, all cases of reconstitution, transfer of the whole or any part thereof and amalgamation… Read More
ICSI releases revised Secretarial Standards 1 and 2
Revised Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) (Revised by the Institute of Company Secretaries of India (ICSI) and approved by the Central Government) Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) were approved by the Central Government under Section 118(10) of the… Read More
CBEC amends circular on “anti-dumping duty on imports of “Metronidazole” exported from China
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th August, 2017 No. 41/2017-Customs (ADD) G.S.R. 1119(E).—Whereas, the Designated Authority vide initiation notification No. 7/6/2017- DGAD dated the 29th August, 2017, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 29th August, 2017, has initiated review in terms of sub-section… Read More
GST Revenue Figures – July 2017
PRESS NOTE Dated 29th August 2017 GST Revenue Figures – July 2017 The Goods and Services Tax (GST) tax was introduced on 1st of July, 2017. The last date for payment of GST for the month of July 2017 was 25th August, 2017. The last date for filing returns in cases, where the taxpayer wanted… Read More
List of issues in transition process of GST: CBEC Chairman’s Note
Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs North Block, New Delhi – 110 001 Tel. : +91-11-23092849, Fax : +91-11-23092890 E-mail : chmn-cbec@nic.in DO.No.24/CH(EC)/2017 Dated 25th August, 2017 Dear Colleagues, As you are aware, the 2nd Rajaswa Gyan Sangam is scheduled for 1st and 2nd September,… Read More
DIPP releases Consolidated FDI Policy 2017
Ministry of Commerce & Industry 28-August, 2017 14:01 IST Consolidated FDI Policy The “Consolidated FDI Policy” link is attached herewith. This Circular will take effect from August 28, 2017. http://dipp.nic.in/sites/default/files/CFPC_2017_FINAL_RELEASED_28.8.17.pdf MJPS Read More
Time period for filing FORM GSTR-6 for July & August extended till 8 Sept & 23 Sept Resp.
NOTIFICATION New Delhi, the 28th August, 2017 No. 26/2017–Central Tax G.S.R. 1071(E).—In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as “the said Act”), the Commissioner, hereby extends the time… Read More
Time period for filing FORM GSTR-5A for July extended till 15 Sept 2017
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) NOTIFICATION New Delhi, the 28th August, 2017 No. 25/2017–Central Tax G.S.R. 1070(E).—In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and section 20 of… Read More
MCA notifies companies (Arrests in connection with Investigation by serious Fraud Investigation Office) Rules
[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, 24th August,2017 G.s.R.......(E).-In exercise of the powers conferred under sub-section (1) of section 469 read with section 212 of the companies Act, 2013 (18 of 2013), the central Government hereby… Read More
Govt. imposes restriction on import of gold and silver from South Korea
To be published in the Gazette of India Extraordinary Part-II , Section-3, Sub Section (ii) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Notification No.25/2015-2020 New Delhi, Dated 25th August 2017 Subject: Amendment in import policy of gold and silver under Chapter 71 of ITC(HS) 2017,… Read More
RBI to ramp up supply of Rupees 200 notes
The Reserve Bank of India introduced the Rs. 200 denomination notes today. Introduction of this denomination is expected to facilitate exchange transactions for the common man and provide complete series of denomination for transactions at the lower end. These notes are available only through select RBI offices and banks as is normal when a new… Read More
DGFT notifies Appendices and Form on Country specific prohibitions on Import&Export items
To be published in the Gazette of India Extraordinary (Part-I , Section-1) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 20/2015-2020 New Delhi, Dated 25th August 2017 Subject: Introduction of Appendix -2X in Appendices ad Aayat Niryat Forms (2015-20) In Exercise of powers… Read More
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