CIRCULAR CIR/IMD/FPIC/123/2016 November 17, 2016 To, 1. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)/ Custodian of Securities. 2. The Depositories (NSDL and CDSL) 3. All Recognized Stock Exchanges 4. KYC Registration Agencies (KRAs) Sir/ Madam, Subject: Review of requirement for copy of PAN Card to open accounts of FPIs 1. Please… Read More »
CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2016/124 November 17, 2016 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Investment/trading in securities by employees of AMC(s) and Trustees of Mutual Funds A. Please refer to SEBI circulars dated May 08, 2001, June 20, 2002, July 11, 2003, December 15, 2009 and May… Read More »
Sh. Arun Jaitley’s reply to the discussion on The Constitution (122nd Amnd.) [GST] Bill, 2014 Published on Aug 3, 2016 Minister of Finance Sh. Arun Jaitley’s reply to the discussion on The Constitution (One Hundred and Twenty-second Amendment) Bill, 2014.
Government announces measures to ease demonetization Government announces measures to ease demonetization
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002 No.F.7(420)/VAT/Policy/2011/PF/893-98 Dated: 12/11/2016 CIRCULAR NO. 18 of 2016-17 Sub: Filing of online return for second quarter of 2016-17 – extension of period thereof. In partial modification to this department’s Circular No.17 of 2016-17 on the… Read More »
Government unlikely to bring GST bills soon With the united opposition attacking the ruling dispensation in Parliament over the demonetisation issue, the government is unlikely to bring three bills related to GST in the coming days and hopeful of pushing them in latter half of the Winter session which began today. The government is keen… Read More »
Govt in favour of cross empowerment without limits The government is in favour of not splitting jurisdiction over the taxpayers but rather is batting for cross empowerment without limits. The logic offered is that the Centre estimates only 3-5 percent of the tax payers may be audited under the Goods and Services Tax. The Winter… Read More »
The Centre has circulated the draft goods and services tax (GST) Bills with the states, but it does not contain the four-slab rates agreed to by the GST Council earlier. The Union government has also circulated the draft compensation Bill with states. With a heated debate on in Parliament over the government’s demonetisation move, the… Read More »
The Central government has circulated three draft Bills relating to the Goods and Services Tax (GST) with states for consultation, a senior government official said adding that these will be taken up for discussion in next GST Council meeting on November 24-25. The GST Council will have to clear Central GST (CGST), Integrated GST (IGST)… Read More »
Issue :- The only question that may arise for consideration is that, if the material is supplied in response to the tender invited in the name of President of India, whether it has to be considered under the Central Government or not. Held In our view, the question can be examined from two angles. One… Read More »