Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold and Silver Notified In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52… Read More »
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 27th July, 2016/Shravana 5, 1938 (Saka) The following Act of Parliament received the assent of the President on the 26th July, 2016, and is hereby published for general information:— THE INDIAN TRUSTS (AMENDMENT) ACT, 2016 (NO. 34 OF 2016) [26th July, 2016.] An Act further… Read More »
THE GAZETTE OF INDIA EXTRAORDINARY [PART II- Section 2] LOK SABHA ———— The following Bill was introduced in Lok Sabha on 27th July, 2016:— BILL NO. 185 OF 2016 A Bill to amend the Lokpal and Lokayuktas Act, 2013 BE it enacted by Parliament in the Sixty-seventh Year of the Republic of India as follows:—… Read More »
The Benami Transactions (Prohibition) Amendment bill 2016 Bill No 156-C of 2015
Compensatory Afforestation Fund Bill, 2016 Passed by Rajya Sabha Rajya Sabha today passed The Compensatory Afforestation Fund Bill, 2016. The Bill had earlier been passed by Lok Sabha in May 2016. Replying to the discussion on the Bill today, Minister of State (Independent Charge) of Environment, Forest and Climate Change, Shri Anil Madhav Dave, said that it… Read More »
Companies (Incorporation) Third Amendment Rules 2016
Simplified Central Excise norms for Jewellery Sector notified In this year’s Budget, central excise duty of 1% without input and capital goods tax credit or 12.5% with credit was imposed on articles of jewellery falling under heading 7113 of the First Schedule to the Central Excise Tariff 1985. Subsequent to that, the Government had set… Read More »
TRAI issues Consultation Paper on “Complaints/Grievance Redressal in Telecom Sector” The telecom sector in India has grown rapidly in the last decade and subscriptions have crossed 1 billion. These subscribers are filing large numbers of complaints with the Telecom Service Providers [TSPs]. The complaints are on account of wrong billing, indifferent or poor quality of… Read More »
Excise Duty on Jewellery –Key Takeaway The Central Government proposed to impose excise duty on manufacturing of jewellery except silver jewellery (other than studded with diamond and precious stones) in the Union Budget. However, the jewellers protested against such levy of excise duty. They went on strike across the Country demanding withdrawal of excise duty… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th July,2016 G.S.R. 742(E).— In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134 and section 138 read with section 469 of the Companies… Read More »