"04 November 2016" Archive

IEPF Authority (Recruitment, Salary and other Terms and Conditions of Service of Officers and other Employees) Rules, 2016

NA 04/11/2016

The Investor Education and Protection Fund Authority (Recruitment, Salary and other Terms and Conditions of Service of officers and other employees) Rules, 2016...

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Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016

Notification No. FEMA. 379/2016-RB 04/11/2016

These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016....

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ICSI Advisory to Company Secretaries regarding LLP formation

Company Secretaries are to note that if the word `CS' or 'Company Secretary' or 'Company Secretaries' is used by a LLP as suffix, then a prior No Objection Certificate (NOC) is mandatorily required to be obtained from the ICSI by such proposed LLP....

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Posted Under: Company Law |

Good to know facts about Construction All Risk Insurance

To cover the financial losses due to any unforeseen event, as a contractor or builder in real estate business, you may use construction all risk insurance policy. ...

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Posted Under: Company Law |

A Brief Guide to Single Premium Term Insurance Policy

What is single premium term insurance policy? Want to get over the entire process of buying the term insurancein one go because you have some extra money? A single premium insurance policy is the right thing for you....

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Posted Under: Company Law |

India’s ranking rallies to 2nd position on business optimism index

With policy reforms and Goods and Services tax (GST) becoming a reality very soon, India has bounced back and has ranked 2nd on the optimism index during the third quarter (July-September 2016) in the latest Grant Thornton International Business Report survey....

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Posted Under: Company Law |

GST Council fixes four-tier rate structure at 5%, 12%, 18% & 28%

Moving swiftly on the road to formalising the biggest reform of the indirect tax regime, the Goods and Services Tax (“GST”) Council on November 3, 2016, has decided four-tier GST tax structure of 5, 12, 18 and 28%, with zero rate for essential items and the highest for luxury and de-merits goods that would also attract an additional c...

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Posted Under: Company Law |

GST- One Nation, One Tax, Four Rates Finalised

In its meeting on 03rd November 2016 GST Council has finalised Four GST Rates of 5%, 12%, 18% & 28% which will be levied on Various good post implementation of GST....

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Preventive Vigilance as a management function in Income Tax Dept

D.O. F.No. DGIT(Vig.)/PV/2016-17/4559 04/11/2016

Preventive Vigilance is a management function to be exercised by all supervisory authorities for overall risk management in any organization. A supervisory officer cannot absolve himself from vicarious liability if the supervisor who has the right, ability or duty to control the activities of a subordinate does not take steps to prevent t...

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Mission Indradhanush: Revamping Public Sector Banks

The seven shades of Indradhanush mission include appointments, board of bureau, capitalization, de-stressing PSBs, empowerment, framework of accountability and governance reforms. ...

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Posted Under: Company Law |

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