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FAQ on Home Loan with EMI Calculator

November 27, 2013 3014 Views 0 comment Print

1. For what purposes can I seek a first time home loan?You can generally seek a first time home loan for buying a house or a flat, renovation, extension and repairs to your existing house. Most banks have a separate policy for those who are going for a second house. Please remember to seek specific clarifications on the above-mentioned issues from your commercial bank.

Notification No.115/2013-Customs (N.T.) Dated: 27th November, 2013

November 27, 2013 352 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997 and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.78/2013-Customs (N.T.) issued vide G.S.R. No. 496 (E) dated the 19thJuly, 2013, the Central Government hereby appoints Sh. R.K Singla as the Director General (Safeguard) for the purposes of the said Rules.

CBDT Release List Of Potential Promotees to Post of CCIT

November 27, 2013 1193 Views 0 comment Print

The CBDT has vide letter dated 27.11.2013 released a list of 37 officers who are being considered for promotion to the grade of Chief Commissioner of Income-tax in the pay scale of Rs. 67,000 to 79,000 against the vacancies for the year 2013-14 (Regular DPC) and 2012-13 (Supplementary DPC)

Notification No. 114/2013-Customs (N.T.) Dated: 27/11/2013

November 27, 2013 430 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Transitional Product Specific Safeguard Duty) Rules, 2002 and in supersession of notification of the Government of India in the

Notification No. 113/2013-Customs (N.T.) Dated: 27/11/2013

November 27, 2013 409 Views 0 comment Print

WHEREAS the Jute products falling under headings 5310 and 6305 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act) and also specified in terms

Tribunal bound to consider all judgements cited during hearing of appeal

November 27, 2013 869 Views 0 comment Print

Whenever any decision has been relied upon and/or cited by the assessee and/or any party, the authority/tribunal is bound to consider and/or deal with the same and opine whether in the facts and circumstances of the particular case, the same will be applicable or not.

MVAT Audit 2013 – Approach and Important Issues

November 27, 2013 28695 Views 3 comments Print

Applicability of audit under MVAT Act, 2002- To whom audit is applicable? As per Section 61(1) of the MVAT Act, 2002, audit is applicable to A dealer who is liable to pay tax and his turnover, either of sales or purchases, exceeds Rs. 60 Lakhs during the Financial Year A dealer who holds a Liquor license in Form PLL, BRL, E, FL or CL.

Public Notice No. 39 (RE-2013)/2009-2014, Dated: 26.11.2013

November 26, 2013 463 Views 0 comment Print

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in Appendix 5 of the Handbook of Procedures (Vol.I) with immediate effect.

Notification No. 29/2013-Central Excise ; Dated : 26.11.2013

November 26, 2013 658 Views 0 comment Print

The principal notification No.22/2013-Central Excise, dated the 29th July, 2013 was published in the Gazette of India, Extraordinary, vide number G.S.R. 513(E), dated the 29th July, 2013.

Prosecution and Enforcement Architecture: Companies Act, 2013

November 26, 2013 10930 Views 0 comment Print

The Companies Act 1956 contains more of general penalty provisions under Section 629A. Certain penal provisions provide for imposition of penalty of fine as well as penalty of imprisonment. As per Section 624 of the Companies Act 1956, all offences under the Act are almost bailable offences and generally punishments are imposed on Company and officers in default invariably where offences not involving mandatory imprisonment are compoundable.

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