Category Archives: other Acts

Motor insurance /Vehicle Insurance Questions and Answer

By | August 6, 2015

What Motor Insurance cover should I buy? Should I buy Comprehensive Insurance or Liability Policy only? Third Party Liability insurance is mandatory for all vehicles plying on public roads in India. This covers Liability for injuries and damages to others that you are responsible for. In addition, it is prudent to cover loss or damages… Read More »

All About Health Insurance

By | August 6, 2015

What is Health Insurance? The term health insurance is a type of insurance that covers your medical expenses. A health insurance policy is a contract between an insurer and an individual /group in which the insurer agrees to provide specified health insurance cover at a particular “premium”. What are the forms of Health Insurance available?… Read More »

LISTING OF DEBT SECURITIES BY MUNICIPALITIES

By | August 6, 2015

SEBI (ISSUE AND LISTING OF DEBT SECURITIES BY MUNICIPALITIES) REGULATIONS, 2015 NOTIFICATION NO.SEBI/LAD-NRO/GN/2015-16/006, DATED 15-7-2015 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), to put in place a framework for public issue of debt securities by municipalities, listing and trading of… Read More »

No Tax tax recovery after death as per Supreme Court

By | August 6, 2015

Tax recovery after death Hon’ble Supreme Court in the case titled as  Shabina Abraham & Ors. Vs. Collector of Central Excise & Custom  in Civil Appeal No. 5802 of 2005 decided on 29.07.15 has held that assessment proceeding under the Central Excise and Salt Act, 1944 cannot be continued against the legal representative/estate of a… Read More »

Dealers can eliminate deficiencies in returns within 30 days of service of notice under Himachal VAT Act

By | August 6, 2015

Now dealers can eliminate deficiencies in returns within 30 days of service of notice under Himachal VAT Act HIMACHAL PRADESH VALUE ADDED TAX (AMENDMENT) ACT, 2015 – AMENDMENT IN SECTIONS 4, 7, 21& 34 AND INSERTION OF SECTION 50A NOTIFICATION NO.LLR-D(6)-6/2015-LEG., DATED 16-5-2015 An Act further to amend the Himachal Pradesh Value Added Tax Act,… Read More »

Rs 420 Crore penalty on Hyundai by Competition Commission of India

By | August 5, 2015

CCI slaps 420 crores penalty on Hyundai for restricting supply of genuine spare parts in open market Opposite parties i.e. Hyundai Reva and Premier either specifically through their agreements or otherwise through understanding with their dealers, had restricted/prohibited sale of spare parts over counter, thereby resulting in prescribing exclusive distribution agreements and refusal to deal… Read More »