Daily Archives: September 24, 2016

Whatsapp Sharing info with Facebook after September 25 ,HC direction on privacy and copyright concerns

By | September 24, 2016

Remove info, data of users who decide to delete account, don’t share it with Facebook: HC asked WhatsApp. It also asks Govt, TRAI to examine feasibility of bringing messaging platforms like WhatsApp under regulatory framework. The Delhi High Court on Wednesday directed instant messaging service WhatsApp to file an affidavit addressing the privacy and copyright… Read More »

SEBI approved Share allotment to employees exceeding Rs 2 Lakh under employee reservation quota

By | September 24, 2016

PR No. 139/2016 SEBI Board Meeting The SEBI Board met in Mumbai today and took the following important decisions: I. Amendment to SEBI Regulations to permit Foreign Portfolio Investors (FPIs) to trade directly in Corporate Bonds without a broker The SEBI (Foreign Portfolio Investor) Regulations, 2014 were notified on January 07, 2014. Regulation 21(4)(d) of the FPI… Read More »

Regulatory Framework for Commodity Derivatives Brokers

By | September 24, 2016

Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/92 Dated: September 23, 2016 To, The Managing Directors / Chief Executive Officers All Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Regulatory Framework for Commodity Derivatives Brokers 1. As per Section 131(B) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made… Read More »

MVAT- Grant of Administrative Relief.

By | September 24, 2016

Commissioner of Sales Tax, 8th floor, Vikrikar Bhavan, Mazgaon, Mumbai- 400 010. CORRIGENDUM To No. DC (A&R)/VAT/MMB-2015/62/ADM-8 Mumbai, dated: :23.09.2016 Trade Circular No. 28T of 2016 Sub:- Grant of Administrative Relief. Ref:- Trade Circular No. 13T of 2016 dated 5th May 2016. Sir/ Madam, Trade Circular No. 13T of 2016 dated 5th May 2016 is modified as… Read More »

CBEC Classification of inorganic chemicals – mono potassium phosphate,calcium nitrate,potassium magnesium phosphate as fertiliser

By | September 24, 2016

F.NO. 528/79/2016-STO (TU) Government Of India Ministry Of Finance Department Of Revenue Central Board of Excise and Customs (Tariff unit) **** North Block, New Delhi 2nd September, 2016 To, All Principal Chief Commissioners Customs/All Principal Chief Commissioners of Customs and Central Excise, All Chief Commissioners of Customs/Chief Commissioners of Customs & Central Excise, All Directors… Read More »

DGFT Clarified Common Service Providers under EPCG

By | September 24, 2016

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Trade Notice No. 18/2016 Dated 23rd September 2016 To All RAs of DGFT Department of Revenue Members of Trade Export Promotion Councils Subject: Clarification in respect of definition of service provider under Common Service Providers (CSP)… Read More »

Guidelines for designating/certifying of Common Service Provider (CSP) under Para 5.02 (b) of FTP 2015-20

By | September 24, 2016

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 33/2015-2020 New Delhi: The 23rd September, 2016 Subject: Amendment in ANF-5A [Application for issue of EPCG Authorisation] incorporating the guidelines for designating/certifying a Common Service Provider (CSP) under Para 5.02 (b) of FTP 2015-20 – reg.… Read More »

Govt approved 26 Projects under Section 35 AC of Income Tax Act

By | September 24, 2016

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. No. 61/2016 New Delhi, the 22nd September, 2016 S.O. 3018(E).-In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to Section 35 AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National… Read More »