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Archive: 26 December 2016

Posts in 26 December 2016

Special Economic Zones (Amendment) Rules, 2016

December 26, 2016 5449 Views 0 comment Print

5A. Infrastructure requirements relating to information technology, Bio-technology, Research and Development facilities, Fabless Semi-conductor Industry and Electronic Manufacturing Services

Time and value of supply under Revised GST law

December 26, 2016 5887 Views 0 comment Print

This chapter will focus on the time of supply of goods and services vis a vis valuation of supply which includes goods and services. Both are very significant part of any business vis a vis taxation.

Liaison / Branch / Project Offices of foreign entities in India- FAQs

December 26, 2016 423 Views 0 comment Print

What action the AD is required to take in case of any adverse reporting in Annual Activity Certificate (AAC) of LO/BO or non-submission of AACs? Ans: In case the designated AD Category I bank notices any adverse findings by the auditor in respect of LO/BO or the LO/BO is defaulting in submission of AACs, then the same should be immediately reported to the Reserve Bank.

Everything You Need To Know About The New PhonePe App

December 26, 2016 11053 Views 1 comment Print

With demonetization, long ATM queues are common view currently. Kiss them goodbye and welcome new PhonePe, a mobile payment app based on Government-Backed Unified Payment Interface (UPI) platform.

Transitional Provisions under Revised Model GST Law -Part-II

December 26, 2016 4336 Views 0 comment Print

Article Analyses Transitional Provisions under Revised Model GST Law specified in section 168 related to Unavailed cenvat credit on capital goods, not carried forward in a return, to be allowed in certain situations

National Company Law Tribunal (Amendment) Rules, 2016: Brief Analysis

December 26, 2016 4174 Views 0 comment Print

Central Government exercise the power conferred by section 469(1) & (2) of the Companies Act, 2013 and make a rule to amend the National Company Law Tribunal Rules, 2016 namely, National Company Law Tribunal (Amendment) Rules, 2016 come into force w.e.f 20th December, 2016.

60 days grace to avail additional interest subvention on Corp Loans

December 26, 2016 1024 Views 0 comment Print

GoI to provide an additional grace period of 60 days for prompt repayment incentive of 3% to those farmers whose crop loan dues are falling due between 1st November, 2016 and 31st December, 2016

Financial information to be disclosed in offer document by REITs

December 26, 2016 877 Views 0 comment Print

REIT Regulations prescribe disclosures to be made in an offer. The said disclosures, inter-alia, include disclosures for financial information of REIT as well as Manager and Sponsor.

Financial Reporting by Local Bodies in ASLB 17, Property, Plant & Equipment

December 26, 2016 1150 Views 0 comment Print

Exposure draft of Conceptual Framework for General Purpose Financial Reporting by Local Bodies along with consequential amendments in ASLB 17, ‘Property, Plant and Equipment’

Devraj Infrastructures Ltd. Notified as Industrial Park – Section 80-IA(4)

December 26, 2016 1114 Views 0 comment Print

Section 80-IA(4)(iii) Central Government hereby notifies undertaking from date of commencement of industrial park 5th September, 2010 being developed and being maintained and operated by M/s Devraj Infrastructure Ltd.

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