"April, 2015" Archive

Stress Testing of Liquid Fund and Money Market Mutual Fund Schemes

Circular No. CIR/IMD/DF/03/2015 (30/04/2015)

In order to further strengthen the risk management practices and to develop a sound framework that would evaluate potential vulnerabilities on account of plausible events and provide early warning on the health of the underlying portfolio of Liquid Fund and MMMF Schemes, it has been decided to stipulate the following guidelines:...

Read More

Product Labeling in Mutual Funds – Level of Risk Increased to 5

Circular No. CIR/IMD/DF/4/2015 (30/04/2015)

The level of risk in mutual fund schemes shall be increased from three to five as under: i. Low - principal at low risk ii. Moderately Low - principal at moderately low risk iii. Moderate - principal at moderate risk...

Read More

Notification No. 13/2015-Central Excise (N.T.) Dated: April 30, 2015

Notification No. 13/2015-Central Excise (N.T.) (30/04/2015)

Notification No. 13/2015-Central Excise (N.T.), Dated: April 30, 2015 Chewing Tobacco and Unmanufactured Tobacco Packing Machines (Capacity Determination and Collection of Duty) Amendment Rules, 2015...

Read More

Utilisation of credit of Education and SHE Cess paid on inputs or capital goods

Notification No. 12/2015-Central Excise (N.T.) (30/04/2015)

Notification No. 12/2015-Central Excise (N.T.), Dated: April 30, 2015 Provided also that the credit of Education Cess and Secondary and Higher Education Cess paid on inputs or capital goods received in the factory of manufacture of final product on or after the 1st day of March, 2015 can be utilized for payment of the duty of excise levia...

Read More

Lok Sabha approves Finance bill 2015 with amendments

Finance Mister Arun Jaitely has Presented on Thursday 30.04.2015 in Lok Sabha the Finance Bill 2015 for Approval and same been approved by Lok Sabha. ...

Read More
Posted Under: SEBI |

All about Minutes Under Section 118 of companies Act 2013

Every company shall keep Minutes of all Board and Committee Meetings in a Minutes Book. Minutes kept in accordance with the provisions of the Act evidence the proceedings recorded therein. Minutes help in understanding the deliberations and decisions taken at the Meeting. ...

Read More
Posted Under: SEBI |

Procedure to register a Trademark in India and relevant formats

A Trade Mark is a visual symbol in the form of a word, a device,or a label applied to articles of commerce with a view to indicate to the purchasing public that is a good manufactured or otherwise dealt in by a particular person as distinguished from similar goods dealt or manufacture by other persons....

Read More
Posted Under: SEBI |

Clearance from DTA to SEZ is Export and eligible for rebate of duty- CBEC

In the Union Budget, 2015 vide Notification No. 06/2015-C.E. (N.T.) dated March 1, 2015 (Effective from March 1, 2015), Export goods have been defined by inserting a Clause (1A) in Explanation 1 to Rule 5 of the Cenvat Credit Rules, 2004, which is reproduced as under:...

Read More
Posted Under: SEBI |

14 Important case laws on Income from Business and Profession

1. Can the assessee treat shares held in subsidiary company, which is ordered to be wound up, as trading loss? 2. Whether the amount transferred to the reserve fund account as per the provisions of section 67 of the Gujarat Co-operative Societies Act, 1962, was diversion of income at source by overriding title or could such transfer be t...

Read More
Posted Under: SEBI |

Non-applicability of Wealth-tax for November, 2015 CA Final Examination

The Finance Bill, 2015, introduced in the Parliament on 28th February, 2015, has proposed to abolish the levy of wealth-tax under the Wealth-tax Act, 1957 with effect from assessment year 2016-17. The Finance Bill, 2015 would be enacted in May 2015, after it is passed by both the Houses of the Parliament and receives the assent of the Pre...

Read More
Posted Under: SEBI |

Featured Posts