SEBI Revised Position Limits for Currency Derivatives Contracts
Securities and Exchange Board of India CIRCULAR CIR/MRD/DP/02/2016 … Read More »
Monthly Archives: January 2016
Circular for filing appeal is also applicable to pending references in High Court
Pending appeal under Section 260A of the Act is no different from a pending Reference in as much as in the case of a Reference the Tribunal is of the view that a substantial question of law arises either on its own (Section 256(1) of the Act) or as directed by Court (Section 256(2) of… Read More »
Polio free status for five years is treasure for India
President launches countrywide Pulse Polio Programme for 2016 Shri J P Nadda: “Polio free status for five years is a treasure for all of us” The President of India Shri Pranab Mukherjee launched the Pulse Polio programme for 2016 by administering polio drops to children less than five years old, at the Rahstrapati Bhawan, in… Read More »
Wealth tax on urban land ,Construction issue discussed by Supreme Court
whether the land would be excluded from the ‘ urban land ‘ only when building is completely constructed thereupon or it would be covered by the aforesaid clause even if the building activity is started and the building is not yet complete ? The purpose and objective of introducing Section 2(e)(a) in the Act was… Read More »
Stamp duty paid to increase Authorized capital is capital expenditure
Held We have observed that Hon’ble Supreme Court in the case of Brooke Bond India Ltd. (supra) and Punjab State Industries Development Corpn. Ltd. (supra) has clearly held that these stamp duties/fees to Ministry of Corporate Affairs , GOI paid towards the increase in authorized capital of the company is held to be for expansion… Read More »
CBDT Specify Form No 9A & Form No 10 under Section 11
[TO BE PUBLSIHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] (INCOME – TAX) Notification New Delhi, the 14th January, 2016 S.O. 127 (E).- In exercise of the powers conferred by section 11 read with section 295… Read More »
Govt allows PF members to submit his claim directly to Commissioner
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 14th January, 2016 G.S.R 25(E).—In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby… Read More »
Govt Amends Employees’ Provident Funds Appellate Tribunal Rules 1997
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 14th January, 2016. G.S.R 24(E).—In exercise of the powers conferred by sub-section (1) of section 21 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following rules… Read More »
Govt notifies revised standards for Common Effluent Treatment Plants
Environment Ministry notifies revised standards for Common Effluent Treatment Plants (Cetps) Across industrial clusters The Ministry of Environment, Forest & Climate Change has notified the revised standards for Common Effluent Treatment Plants (CETPs) operating at various industrial clusters in the country. The primary aim of the revised standards is to minimise water pollution. These standards… Read More »
Appointment of Additional Judges at the Karnataka High Court
Appointment of Additional Judges at the Karnataka High Court In exercise of the power conferred by clause (1) of Article 224 of the Constitution of India, the President is pleased to appoint Shri Arakalagudu Venkataramaiah Chandrashekara to be an Additional Judge of the Karnataka High Court, with effect from 24th January, 2016 till 29th May,2016.… Read More »