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Archive: 20 November 2014

Posts in 20 November 2014

Acquisition/Transfer of Immovable property in India – Payment of taxes

November 20, 2014 3189 Views 0 comment Print

A.P. (DIR Series) Circular No. 38 Dated- November 20, 2014 Attention of Authorised Dealers in Foreign Exchange is invited to Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations, 2000 notified vide Notification No. FEMA 21 /2000-RB dated 3rd May 2000 as amended from time to time.

Rate of exchange of conversion of each of foreign currency wef 21.11.2014

November 20, 2014 1668 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance

Time Period of Realisation & Repatriation of Export Proceeds

November 20, 2014 3326 Views 0 comment Print

A.P. (DIR Series) Circular No. 37 Dated- November 20, 2014Export of Goods / Software / Services – Period of Realisation and Repatriation of Export Proceeds – For exporters including Units in SEZs, Status Holder Exporters, EOUs, Units in EHTPs, STPs and BTPs

Banks should not take undue advantage of customer difficulty or inattention – RBI

November 20, 2014 2605 Views 0 comment Print

Instead of levying penal charges for non-maintenance of minimum balance in ordinary savings bank accounts, banks should limit services available on such accounts to those available to Basic Savings Bank Deposit Accounts and restore the services when the balances improve to the minimum required level.

Whether security provided by government from terrorists liable to SERVICE TAX?

November 20, 2014 3592 Views 0 comment Print

Mcleod Russel (India) Limited having its registered office at 4, Mangoe Lane, Kolkata has tea plantations in the state of Assam and the area is highly volatile and acts of vandalism being carried out by terrorists.

Availment of Cenvat credit on Inputs/ Input Services after six months

November 20, 2014 48141 Views 0 comment Print

CBEC clarification regarding availment of Cenvat credit on Inputs/ Input Services after six months Background: The CBEC vide Notification No. 21/2014-CE (NT), dated July 11, 2014 (Applicable w.e.f September 1, 2014) [Notification No. 21], has amended Rule 4(1) and Rule 4(7) of the Cenvat Credit Rules, 2004 (the Credit Rules) to fix a time limit […]

ICAI clarifies on Proposed increase in Fees for supply of Answer Sheet and Re-verification

November 20, 2014 2661 Views 0 comment Print

ANNOUNCEMENT Dated- 19.11.2014 Draft amendments in the Chartered Accountants Regulations, 1988 notified in the Gazette of India vide Notification No. 1-CA(7)/167/2014 dated 10th September, 2014 The Council at its 337th meeting held on 29th, 30th and 31st October, 2014 in the office of the Institute at A-29, Sector 62, Noida considered the comments received on […]

Gifts by SEBI to Stakeholders

November 20, 2014 6014 Views 0 comment Print

SEBI in its Board Meeting held on November 17, 2014 and vide Press Release dated November 19, 2014 brought about the following decisions in respect of the following Regulations. (I)  SEBI (Prohibition of Insider Trading) Regulations, 2014 The Board has approved a new regulation in place of the existing regulations. The new regulations strengthen the […]

List of Services fully exempt from service tax

November 20, 2014 221830 Views 52 comments Print

Discover the services fully exempt from service tax under Notification No. 25/2012 dated 20.06.2012. Explore the list of exemptions and criteria.

SEBI withdraws recognition granted to Delhi Stock Exchange

November 20, 2014 1150 Views 0 comment Print

Vide order no. WTM/PS/45/MRD/DSA/NOV/2014 dated 19th November 2014 passed Under Section 12A of the Securities Contracts (Regulation) Act, 1956 read with Section 11 of the Securities and Exchange Board of India Act, 1992 in the matter of Delhi Stock Exchange Limited SEBI

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