Follow Us :

Archive: 31 May 2017

Posts in 31 May 2017

SEBI discussion paper on Draft Code of Conduct for Index Providers

May 31, 2017 1908 Views 0 comment Print

To solicit the comments/ views from market participants on the issue of code of conduct for index providers to enhance greater level of transparency, increased disclosure requirements and to provide broad framework for Index Providers while managing/ maintaining Indices.

Notification No. 51/2017-Customs (N.T.) Dated 31st May, 2017

May 31, 2017 5862 Views 0 comment Print

Notification No. 51/2017-Customs (N.T.) Silver, in any form, in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed

Facility for Online Generation of Rotation Number by Shipping Lines/ Agents – reg.

May 31, 2017 5805 Views 4 comments Print

The present system for allotment of ‘Rotation Number’ for vessels has been reviewed. Under the present process for the allotment of ‘Rotation Number’ for a vessel that calls on a port, the concerned Shipping Line or Shipping Agent (SL/SA) must file an application with the designated section in the Custom House, along with the desired particulars in the prescribed format.

Implementation of Hon’ble SC’s judgement titled SDGFT V/s Kanak Exports

May 31, 2017 1956 Views 0 comment Print

Attention is invited to the Target Plus Scheme (TPS) (Para 3.7.1 of FTP 2004-2009) which was announced by DGFT on 31.08.2004 with the objective to. accelerate growth in exports by rewarding Star Export House who have achieved minimum export turnover in free foreign exchange of Rs. 10 crores in previous licensing year.

Notification No. 22/2017-Customs Dated: 31st May, 2017

May 31, 2017 4491 Views 0 comment Print

The following categories of exports made from 1st April, 2005 to 19th February, 2006 shall not be counted for calculation of export performance or for computation of entitlement under the scheme -(i) export of imported goods covered under para 2.35 of the Foreign Trade Policy or exports made through transshipment;

EPFO to allow benefits to members of EPS’ 95 as per SC Order

May 31, 2017 36141 Views 27 comments Print

Allowing members of the EPS’ 95 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000/- or Rs. 6500/- per month from the effective date respectively as per the Hon’ble Supreme Court’s order in Civil Appeal NO(S) 10013-10014 of2016 arising out of SLP No. 33032-33033 of 2015

Disposal of Departmental Inquiries pending beyond 6 months -reg.

May 31, 2017 960 Views 0 comment Print

I would like to bring to your notice that as many as 296 cases of disciplinary proceedings are pending in the Zones across India where the Inquiry Officers have not submitted the Inquiry Reports.

GST: “One Nation Tri Taxation”

May 31, 2017 30171 Views 6 comments Print

The Constitution has empowered concurrently the Centre and the states to levy GST on the supply of goods and/or services within the state. Thus, it will result in one central law on GST (CGST) and about 29 state laws on GST (SGST) as each state will have one SGST.

Analysis of IBC (Removal of Difficulties) Order 2017

May 31, 2017 2127 Views 0 comment Print

The Government on 24th May 2017 released the Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017 making additions in the Eighth Schedule of the Code, which originally amends the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (SICA), in order to clarify the matter in view of the repeal of the Sick Industrial Companies (Special Provisions) Act, 1985, substitution of clause (b) of section 4 of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 and omission of sections 253 to 269 of the Companies Act, 2013. We discuss in detail the order brought and its effect.

No bar Under OECD to provide document relied to Appellant; Mere showing of document not sufficient

May 31, 2017 738 Views 0 comment Print

High Court held that to say that the person being prosecuted or proceeded against can only be ‘shown’ such documents, but not provided copies thereof is untenable even on a plain reading of Article 26 (2) of the OECD Model Convention.

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031