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Archive: February, 2016

Posts in February, 2016

Young India dreaming big, but parents underprepared

February 23, 2016 2412 Views 0 comment Print

Sachin Tendulkar, who was also the master mentor of the initiative, said, Aviva and I have worked together on various initiatives that have helped identify the aspirations of Young India. I had an early start in my career due to the support of my family. India, today, is buzzing with many bright minds and I am very happy to partner personalities, who are renowned professionals in their respective fields, to enable these kids live their dreams.

Abbreviations used in Customs, Central Excise and Service Tax

February 23, 2016 16987 Views 0 comment Print

A AAI : Airport Authority of India AAR : Authority for Advance Ruling AC/DC : Assistant Commissioner/Deputy Commissioner ACAO : Assistant Chief Account Officer ACES : Automation of Central Excise and Service Tax ACES-CFC : ACES Certified Facilitation Center ACP : Accredited Client Programme ACC : Air Cargo Complex AD /DD : Assistant Director/Deputy Director […]

Empanelment of Concurrent Auditors for Union Bank F.Y. 2016-17

February 23, 2016 41374 Views 4 comments Print

Union Bank of India invites applications from eligible/interested Firms /Companies for empanelment as Concurrent Auditors for conducting Concurrent Audit in the identified branches / offices for the period from 01.04.2016 to 31.03.2017.

Difference between Private Placement and Preferential Allotment

February 23, 2016 183849 Views 15 comments Print

ACS Anjali Singh Difference between Private Placement and Preferential Allotment under Companies Act, 2013 For a Layman Private placement (or non-public offering) is a funding mode through Shares or Other Securities which are sold not through a public offering, but rather through a private offering, mostly to a small number of chosen investors. Preferential Allotment […]

Draft Companies (cost records and audit) Amendment Rules, 2016

February 23, 2016 2839 Views 0 comment Print

The Draft Companies (Cost Records and Audit) Amendment Rules, 2016 has been placed on the Ministry’s website at www.mca.gov.in. It has been decided to invite suggestions/comments on the above draft.

Technology Market- Bane or Boon for Consumers and Market

February 23, 2016 2314 Views 0 comment Print

Technology Market refers to market platforms driven by new technologies, shrouding over the age-old market platforms. With the advent of e-commerce facilities selling, purchasing, hiring of any goods and services is seen to be in the hands of the consumers.

Procedure for Change of name of a Private Limited Company

February 23, 2016 170708 Views 6 comments Print

Procedure for Change of name of a private limited company as per Companies Act’ 2013-This article describes the procedure for change of name of the company. The change in name entails change in the Memorandum and articles of association of the company.

DGFT notifies SION for “Falted Milk Food”

February 23, 2016 1636 Views 0 comment Print

In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy, 2015-2020 the Director General of Foreign Trade hereby notifies a new SION with Serial Number E-133 in Food Product Group for export product “Malted Milk Food” This new entry shall read as under : –

Vodafone International: `Victim of Choked Recovery’

February 22, 2016 4266 Views 2 comments Print

One among st the main issues surrounding the impasse is the payment of ejected liability carrying a whopping sum of Rs.14000 crore by Vodafone International Holdings B.V. under the parasol of Capital Gains Tax to the Indian tax administration. An issue squarely won by Vodafone in a proactive tax war with the authorities at the Hon’ble Supreme Court of India sometimes designated popularly as the `Tax Terrorism’.

Revised Trade payable presentation in Companies Balance Sheet

February 22, 2016 29110 Views 1 comment Print

In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the some alterations in Schedule III to the Companies Act, 2013 (Notification dated 4th September, 2015).

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