Gross direct tax collection during April-December of the Financial Year 20 14- 15 is up by 12.93 percent at Rs. 5,46,661 crore as against Rs. 4,84,063 crore collected during the same period last year. Gross collection of Corporate tax has shown an increase of 12.79 percent and stood at Rs. 3,50,494 crore as against Rs. 3,10,754 crore collected during the same period last year.
FAQs on the provisions of Corporate Social Responsibility under Section 135 of the Companies Act 2013 and Rules thereon The ICAI hosted on its website exposure draft of Frequently Asked Questions(FAQs) on the provisions of Corporate Social Responsibility (CSR) under Section 135 of the Companies Act 2013 and Rules thereon.
With the increasing demand and requirement of securitisation process for various receivables SEBI in its Board Meeting held on 21st January, 2015 has approved amendments Securities in and Exchange Board of India (Public offer and Listing of Securitised Debt Instruments) Regulations, 2008, (which is awaited for the circular) where they rationalised and clarified the roles and responsibilities of trustees and on the other hand tried to enhance the confidence of our investors in securitisation transactions as well.
F.No. O-21030/4/2015-Coord GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE NEW DELHI Dated: January 23, 2015 OFFICE MEMORANDUM Subject:- Uniform for the employees of Non Statutory Departmental Canteens/Tiffin Rooms functioning in Central Government Offices issue of Petticoat and Dupatta to Female Canteen Employees.-reg. A copy of an O.M. F.No.18/2/2013-Dir(C) dated 9.1.2015 received from Ministry […]
Grant of Presidential Awards to the Officers of the Customs & Central Excise and Directorate of Enforcement on the eve of Republic Day, 2015 Every year, the officers of the Customs & Central Excise Department are considered for grant of Presidential Award of Appreciation Certificate for ‘exceptionally meritorious service rendered at the risk of life’ […]
To provide you with a richer communication experience, WhatsApp is now accessible both on your phone and your computer. WhatsApp Web is a computer based extension of the WhatsApp account on your phone. The messages you send and receive are fully synced between your phone and your computer, and you can see all messages on […]
In this case, the ITAT ruled that extended credit period allowed to the Associated Enterprises (‘AE’) amounted to short term funding without interest and thus attracted TP adjustment on account of notional interest from such short term funding.
The new Regulations also cast duties on the compliance officer appointed under the Regulations including monitoring and compliances of requirements under the Regulations. Such duties are to be undertaken very prudently. Say in case of employees where there is no requirement of initial disclosure but continual disclosure is required to be made in case of triggering the threshold.
Every company is governed in accordance with the provisions of the Companies Act, 2013, therefore, it is mandatory for all companies to keep the Registrar of Companies informed about the location of the registered office and changes. Thereto from time to time, Promoters of the Company decide the State in which the registered office shall be situated. A registered office is the official address of a company to which all official letters and reminders will be sent by any person, any government or non government or regulatory body.
A new scheme called ‘Depository Receipts Scheme, 2014’ (DR Scheme, 2014) for investments under ADR/GDR have been notified by the Central Government effective from December 15, 2014 which provides for repeal of extant guidelines for Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993 except to the extent relating to foreign currency convertible bonds.
