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Archive: 10 June 2016

Posts in 10 June 2016

FAQs on KYC norms for ODI subscribers, transferability of ODIs

June 10, 2016 574 Views 0 comment Print

It is hereby clarified that Where no material shareholder/owner entity is identified in the ODI subscriber using the materiality threshold (referred at 2.1 of SEBI circular dated June 10, 2016), the identity and address proof of the relevant natural person who holds the position of senior managing official of the ODI subscriber entity should be obtained.

I&B Ministry frames New Print Media Advertisement policy

June 10, 2016 1225 Views 0 comment Print

Press Information Bureau Government of India Ministry of Information & Broadcasting 10-June-2016 11:34 IST I&B Ministry frames New Print Media Advertisement policy Policy to focus on Transparency & Equity in release of Government ads Ministry of Information & Broadcasting has framed a New Print Media Advertisement Policy for Directorate of Advertising & Visual Publicity (DAVP) […]

Procedure for Gold/silver/platinum import by Nominated Agencies

June 10, 2016 4843 Views 0 comment Print

By circular 28/2009 – Cus dated 14.10.2009 the Board had in order to avoid divergent practices and to streamline supply of precious metal for exports, laid down a procedure for duty free import of gold/silver/platinum by nominated agencies for supply to exporters

KYC norms for ODI subscribers, transferability of ODIs

June 10, 2016 1549 Views 0 comment Print

The systems and procedures adopted by the ODI Issuers to comply withsuch conditions, vary from one ODI Issuer to another. In order to bring about uniformity and increasethe transparency in this regard, SEBI had held discussions with the stakeholders. Taking into consideration the inputs received during the discussion process

Air pollution to cause 6-9 million premature deaths & cost 1% GDP by 2060

June 10, 2016 1222 Views 0 comment Print

Air pollution to cause 6-9 million premature deaths and cost 1% GDP by 2060 9/6/2016 – Outdoor air pollution could cause 6 to 9 million premature deaths a year by 2060 and cost 1% of global GDP – around USD 2.6 trillion annually – as a result of sick days, medical bills and reduced agricultural […]

Tackling policy fragmentation is key to productivity growth

June 10, 2016 442 Views 0 comment Print

If we want to get onto a path of stronger and more sustainable growth, we need better coordinated policies that put the pieces of our fragmented world back together in a more harmonious way,

European economy is recovering but legacies of crisis remains

June 10, 2016 1057 Views 0 comment Print

The European economy is gradually recovering but further policy action will be required to address unresolved legacies of the global economic crisis that are weighing on growth and major new concerns that have emerged, according to two new OECD reports.

LLP: Amendment in Forms 2 Form-3, Form-4 & Form-11

June 10, 2016 5476 Views 0 comment Print

Limited Liability Partnership (Second Amendment) Rules 2016- -ln exercise of the powers conferred by sub-sections (l) and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules, 2009 namely:-

Delhi VAT: Reward/Appreciation scheme for dealers

June 10, 2016 1489 Views 1 comment Print

Value Added Tax is one of the major sources of revenue for Government of NCT of Delhi which is an indirect tax collected by traders from customers on sale of goods and then deposited with Government. In its effort to acknowledge and further encourage the good tax paying dealers, the Government has decided to introduce a Reward/Appreciation scheme for such Good dealers.

FAQs on Equalisation Levy (EQL)

June 10, 2016 41476 Views 5 comments Print

Equalisation Levy was introduced in the Union Budget 2016 and is included in the Chapter VIII of the Finance Act 2016. The Govt. had set up a committee earlier this year which gave its recommendations in March, 2016, which included adding more services under the ‘specified service’ banner.

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