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Archive: March, 2015

Posts in March, 2015

Wake Up Call for Companies in the Month of March

March 14, 2015 15217 Views 0 comment Print

The Companies needs to ensure Compliance of following provisions during financial year, 2014-15 under New Companies Act, 2013. The below list is not exhausted list and every Company needs to check the applicability of other provisions of the Companies Act, 2013 to the extent applicable to them also.

Compliance – Income Tax Return for Assessment Year 2013-14

March 14, 2015 12774 Views 0 comment Print

Important notice: Income Tax Department sending notices for non-filing of Income Tax Return for Assessment Year 2013-14. Find out the steps to comply.

List of Indirect Tax cases against accepted by CBEC

March 14, 2015 1733 Views 0 comment Print

Decisions of High Court and CESTAT against which Board has decided not to file Special Leave Petition or Civil Appeal in Supreme Court

Karnataka State Budget 2015- Tax and Stamp Duty Changes

March 14, 2015 28098 Views 0 comment Print

♠ As the Central Government of India had indicated that GST could be implemented from 01.04.2016. State Government to take necessary steps to prepare Trade and Industry and department for smooth transition to Goods and Services Tax (GST) System. Relief under VAT: ♠Increase in registration limit from Rs.7.5 lakhs of annual turnover to Rs.10 lakhs. […]

Trading of Shares Through Smart Phones More Than Doubled in 2014-15

March 13, 2015 642 Views 0 comment Print

Trading of Shares Through Smart Phones More Than Doubled in 2014-15 (Till February 2015) as Compared to Last Year (2013-14) Trading of shares through smart phones has increased. The Securities and Exchange Board of India (SEBI) permitted securities trading using wireless technology vide its circular dated August 27, 2010. The said circular deals with trading […]

Addition of two new ports for import of new vehicles

March 13, 2015 660 Views 0 comment Print

Two new Customs Ports, Kattupalli Port and APM Terminals, Pipavav Port are being added to the list of 12 existing ports/ICDs, thereby taking the total number of ports/ICDs to 14, for importing new vehicles.

DGFT Notification No. 116 (RE-2013)/2009-2014, Dated: 13.03.2015

March 13, 2015 1209 Views 0 comment Print

In exercise of powers conferred by Section 5 and Section 14 A of the Foreign Trade (Development & Regulation) Act, 1992 {FT(D&R) Act,1992} as amended, the Central Government hereby makes the following amendments to the list of specified goods, services and technologies, i.e. Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) that was notified vide Notification No.37 (RE-2012)/2009-2014 dated 14th March, 2013 and amended vide Notification No.26 (RE-2013)/2009-2014 dated 3rd July, 2013.

Major Highlights of Insurance Laws (Amendment) Bill, 2015

March 13, 2015 2635 Views 0 comment Print

Major Highlights of the Insurance Laws (Amendment) Bill, 2015 Passed by Parliament; Provides for Enhancement of the Foreign Investment Cap in an Indian Insurance Company from 26% to an Explicitly Composite Limit of 49% with the Safeguard of Indian Ownership and Control;

DGFT notifies list of military stores that requires NOC from Department of Defence Production for export

March 13, 2015 1383 Views 0 comment Print

The list of military stores that requires NOC from Department of Defence Production for export has been notified vide Notification No. 115 (RE – 2013)/2009-2014, Dated: March 13, 2015

Notification No. 07/2015-Customs (ADD) Dated-13th March, 2015

March 13, 2015 3369 Views 0 comment Print

Whereas in the matter of Sheet Glass falling under Chapter 70 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the Customs Tariff Act), originating in, or exported from, China PR (hereinafter referred to as the subject country), and imported into India

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