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Archive: December, 2016

Posts in December, 2016

Lifting of Corporate Veil u/s 179 Requires Prima Facie Sufficient Material

December 30, 2016 2995 Views 0 comment Print

Section 179 of Act pertains to a Director of a Private Limited Company and permits revenue to recover unpaid taxes from Director of such a company, subject to fulfillment of certain conditions.

3 secret keys to achieve success with saving money

December 30, 2016 3901 Views 0 comment Print

For those who are surprised on knowing this thought, let us put it short and straight –yes, there are a few secrets to save money. However, what is all the more surprising is to know that these secrets have already been made public for decades.

Business Restructuring and Transfer Pricing

December 30, 2016 3121 Views 0 comment Print

Business restructuring refers to the cross-border re-organisation of the commercial or financial relations between associated enterprises, including the termination or substantial renegotiation of existing arrangements.

Transfer Pricing. – Royalty and testing thereof

December 30, 2016 2497 Views 1 comment Print

To calculate an effective royalty rate for a comparison with a third party royalty rate, one may have to not only determine what will be the future economic benefit that may arise in the form of cash flows but also convert them into a rate (say as a percentage of sales).

No adverse effect of demonetization: Agriculture Minister

December 29, 2016 781 Views 0 comment Print

Union Minister of Agriculture and Farmers Welfare, Shri Radha Mohan Singh said that there is no adverse effect of demonetization

Constitution of HLC to review Institutionalization of Arbitration Mechanism

December 29, 2016 961 Views 0 comment Print

In order to ensure speedy resolution of commercial disputes and to facilitate effective conduct of international and domestic arbitrations raised under various agreements Government has decided to constitute a High Level Committee (HLC) in the Ministry of Law and Justice

Freedom to doubt, disagree and dispute intellectually must be protected

December 29, 2016 808 Views 0 comment Print

Freedom to doubt, disagree and dispute intellectually must be protected as an essential pillar of our democracy, says President Shri Pranab Mukherjee

SEBI (Portfolio Managers) (Amendment) Regulations, 2016

December 29, 2016 1603 Views 0 comment Print

The provisions of this Chapter shall apply to eligible fund managers exclusively, pertaining to their activities as portfolio managers to eligible investment funds.

EPF: E-mail id’s to handle queries related to Unified Portal‑ reg.

December 29, 2016 39163 Views 63 comments Print

The new Unified Portals has been launched by EPFO for PF members, employers and field offices, and can be accessed through epfindia.gov.in.

Disclosure of Financial information to Stock Exchanges by REITs

December 29, 2016 1933 Views 0 comment Print

Regulation 23 of SEBI (Real Estate Investment Trusts) Regulations, 2014 prescribe disclosures to be made by a REIT to Stock Exchange(s) where its units are listed.

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