FEM (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) (SECOND AMENDMENT) REGULATIONS, 2016 – AMENDMENT IN REGULATIONS 2, 14, SCHEDULE 1, SCHEDULE 9 AND SUBSTITUTION OF SCHEDULE 11 – CORRIGENDUM TO NOTIFICATION [NO.FEMA.362/2016-RB]/GSR 166(E), DATED 15-2-2016 NOTIFICATION NO. GSR 1089(E) [F.NO.1/3/EM/2016], DATED 25-11-2016 In the Notification of Reserve Bank of India, Foreign… Read More »
Announcement regarding registration as an Insolvency Professional with the Indian Institute of Insolvency Professionals of ICAI – (29-11-2016) The Indian Institute of Insolvency professionals of ICAI (IIIPI), a section 8 Company formed by the Institute of Chartered Accountants of India to enroll and regulate insolvency professionals as its members in accordance with the Insolvency and… Read More »
Lok Sabha Passed Bill to Tax Black Money / Undisclosed Income Download The Taxation Laws (Second Amendment) Bill, 2016 as passed by Lok Sabha on 29.11.2016 Related Post The Taxation Laws (Second Amendment) Bill, 2016 Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana 2016 New Taxation Bill to tax undisclosed income introduced in Lok… Read More »
FM: Present Government has taken a new initiative by setting-up a modern insolvency mechanism based on the best practices in the world; Hope that it will deliver the desired results; Hands-over the Certificates of Registration to these two Insolvency Professional Agency (IPA) companies. The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said… Read More »
NOTIFICATION New Delhi, the 25th November, 2016 S.O. 3569(E).— In exercise of powers conferred by clause (b) of section 4 of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (1 of 2004), the Central Government hereby notifies the 1st day of December, 2016, as the date for the purposes of clause (b) of section… Read More »
AS INTRODUCED IN LOK SABHA on 28.11.2016 THE TAXATION LAWS (SECOND AMENDMENT) BILL 2016 Bill No. 299 of 2016 FINANCIAL MEMORANDUM This Bill seeks to impose a higher rate of tax and levy of penalty in respect of certain incomes. It also provides for a scheme for payment of tax, penalty and surcharge on the… Read More »
Rescinds Publication of Daily List of Imports & Exports Rules, 2004- Notification No. 128/2004- Cus (N.T.) dated 19th November, 2004 MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF EXCISE AND CUSTOMS) New Delhi, the 25th of November, 2016 Notification No. 140/2016-Customs (N.T.) G.S.R (E).- In exercise of the powers conferred by section 156 of… Read More »
Office of the Commissioner of Sales Tax, 8th floor, Vikrikar Bhavan, Mazgaon, Mumbai –400 010. TRADE CIRCULAR No.: JC/EIU/CDA1314/2016-17/B-1025 Trade Circular No. 37T of 2016 Mumbai dt. 25/11/2016 Subject: The Computerized Desk Audit (CDA) for the period 2013-14. The department has generated Computerized Desk Audit (CDA) reports for the period 2013-2014 after analyzing electronic data… Read More »
SUPREME COURT OF INDIA NOTIFICATION New Delhi, the 24th November, 2016 Rules for providing Domestic Help to Former Chief Justices of India and Former Judges of the Supreme Court F. No.1/Domestic Help/2016/SCA(J).— 1These Rules shall be called the rules for providing ‘Domestic Help to Former Chief Justices of India and Former Judges of the Supreme… Read More »
MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 22nd November, 2016 Subject: Revision of North East Industrial and Investment Promotion Policy, 2007 for new industrial units No.10(3)/2007-DBA-II/NER.—The Government had approved a package of incentives and concessions to promote industrialization and investment in the North East Region (including Sikkim)… Read More »