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Archive: December, 2016

Posts in December, 2016

Practical Approach needed in GST Law

December 7, 2016 3976 Views 0 comment Print

GST Law is in process of formation. There is need of removing laxity and absolute powers to authorities in respect of inspection, search, seizure, detention, suspicion etc.

Recent Judgements on Arrest Under Service Tax

December 7, 2016 6184 Views 0 comment Print

Delhi High Court come down heavily on Revenue against high handedness in arresting tax payers or their employees without proper adjudication

All about Food Safety and Standards Authority of India (FSSAI)

December 7, 2016 8974 Views 0 comment Print

Article explains Benefits, Penalties, Applicability and Registration under Food Safety and Standards Act, 2006 by Food Safety and Standards Authority of India (FSSAI).

Key rates not changed in 5th Bi-monthly RBI Monetary Policy 2016-17

December 7, 2016 3982 Views 0 comment Print

RBI decided to keep key rates unchanged in its 5th Monetary Policy 2016-17. Bond markets reacted negatively given that 25 bps was already factored

Why should MNC’s buy insurance in India?

December 7, 2016 2386 Views 1 comment Print

Generally speaking ,policies issued abroad are illegal in India ;i.e., insurance documents required in this country must be issued by a licensed insurer in India.

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

December 7, 2016 1486 Views 0 comment Print

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

Old 500 notes cannot be used to for Bus / Rail Ticket & to pay Rail catering services wef 10.12.2016

December 7, 2016 1012 Views 0 comment Print

Old 500 Rs. note cannot be used to pay following wef 10.12.2016 1. At railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets

Transfer Company Law Proceedings to Tribunal except winding up cases

December 7, 2016 1846 Views 0 comment Print

Only such proceedings relating to cases other than winding-up, for which orders for allowing or otherwise of the proceedings are not reserved by High Courts shall be transferred to Tribunal

Companies Act, 2013 provisions applicable from 15.12.2016

December 7, 2016 7171 Views 0 comment Print

Central Government hereby appoints 15th day of December, 2016 as date on which following provisions of Companies Act, 2013 (18 of 2013) shall come into force

Companies (Transfer of Pending Proceedings) Rules, 2016

December 7, 2016 5698 Views 0 comment Print

These rules may be called Companies (Transfer of Pending Proceedings) Rules, 2016 and come into force with effect from 15th December, 2016, except rule 4

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