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Archive: 29 April 2016

Posts in 29 April 2016

Formats under Regulation 7(3) & 40(9) of SEBI Listing Regulations

April 29, 2016 6955 Views 0 comment Print

Institute of Company Secretaries of India Suggested format(s) for Certificates under SEBI Listing Regulations Attention Members! Sub. : Suggested format(s) under Regulation 7(3) and Regulation 40(9) of SEBI Listing Regulations, 2015 The Institute has developed the following formats under Regulation 40(9) and Regulation 7(3) of SEBI Listing Regulations 2015 in consultation with the Stock Exchanges […]

CBI arrests ITO & two persons in alleged bribery case

April 29, 2016 2362 Views 0 comment Print

A case was registered U/s 120-B of IPC and Section 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988 against Income Tax Officer (TDS), Ward No.1, Income Tax Department, Belagavi (Karnataka) on the allegations that he had demanded Rs.Four lakh from the complainant as a motive or reward for dropping the prosecution proceedings initiated by the Income Tax Department U/s 276-B of IT Act.

Govt. notifies limit on Sugar Stock for dealers

April 29, 2016 1948 Views 0 comment Print

Central Government hereby directs that no dealer of sugar shall hold any stock for a period exceeding thirty days from the date of receipt by him of such stock and shall not keep sugar in stock at any time, in the places mentioned below, in excess of the quantities mentioned against each—

Exemption to sizing & warping of yarn-Notfn u/s 8(3D) of MVAT Act

April 29, 2016 2155 Views 0 comment Print

Government of Maharashtra hereby exempts fully from payment of tax with effect from the 1st April 2016, the transfer of property in goods, involved in the sizing and warping of yarn, subject to the following conditions and restrictions :—

No rollback of excise duty on Articles of Jewellery : FM

April 29, 2016 2857 Views 0 comment Print

FM Said in RS that excise duty on Articles of Jewellery will be enforced upon the traders having turnover of 12 crores and 6 crores of rupees and not on lower category of traders. We can decide the items which can be taxed. It is not possible to recall the tax due to some organised agitation.

Updation of SCOMET list classifying Export & Import Items

April 29, 2016 4639 Views 0 comment Print

Amendments/additions to Categories 0, 3 & 4 of SCOMET list [Appendix 3 to Schedule 2 of ITC(HS) Classification of Export & Import Items] have been notified.

Power to appoint inspectors to inspect of books & papers of a company-Reg.

April 29, 2016 2566 Views 0 comment Print

In exercise of the powers conferred by sub-section(1) of section 458 of the Companies Act(18 of 2013), the Central Government being satisfied that circumstances warrant, hereby delegates the powers to appoint inspectors for inspection of books and papers of a company under sub-section(5) of section 206, as ordered by Central Government , to the Regional Directors.

5 ways the data you fill online can be (Mis) used by websites

April 29, 2016 3874 Views 3 comments Print

Is this common for you to get unwanted calls? Every Time we get those calls when we are in middle of something. Very next question in our mind is how these people find our contact details? How? Did you entered your contact details somewhere? May be online

Changes in CENVAT Credit Rules, 2004 by Union Budget 2016-17

April 29, 2016 37579 Views 1 comment Print

In this article Author has discussed changes in Cenvat Credit Rules, 2004 by Union Budget 2016-17 in Tabular presentation in which he has discussed nature of amendment , Related Rules, Position before the amendment and after amendment and lastly he discussed about the impact of changes.

Delhi VAT: Competition amongst officers on relevant legal provisions

April 29, 2016 514 Views 0 comment Print

The participation in the competition shall be mandatory for all the aforesaid officers and based on the result of competition, the best performing officers shall be suitably rewarded along with a certificate of appreciation. The first competition shall be held on 1st June, 2016 and thereafter on 1st working day of every month.

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