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Archive: 25 July 2017

Posts in 25 July 2017

SEBI notifies Position Limits for Agricultural Commodity Derivatives

July 25, 2017 1155 Views 0 comment Print

SEBI vide its circular No. CDMRD/DMP/CIR/P/2016/96 dated September 27, 2016 had updated and consolidated norms with regard to position limits of commodity derivatives including commodity-wise numerical value of overall client level open position limits.

IRDAI Master Circular: Unclaimed Amounts of Policyholders

July 25, 2017 7617 Views 0 comment Print

All insurers having unclaimed amounts of policyholders for a period of more than 10 years as on 30th September, 2017 need to transfer the same to the Senior Citizens’ Welfare Fund (SCWF) on or before 1st March, 2018.

GST applicability on Construction Service

July 25, 2017 15057 Views 3 comments Print

In GST works contract has been shrinked to Only on immovable properties and covered as supply of services. Now for construction services rates are important to understand.

SEBI (Depositories and Participants) (Second Amendment) Regulations, 2017

July 25, 2017 1164 Views 0 comment Print

No. SEBI/LAD-NRO/GN/2017-18/013.—In exercise of the powers conferred by Section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with Section 25 of the Depositories Act, 1996 (22 of 1996), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996

Foreign Trade (Exemption from application of Rules in certain cases) Amendment Order, 2017

July 25, 2017 2334 Views 0 comment Print

S.O. 2322(E).—In exercise of the powers conferred by section 3, read with section 4, of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992), as amended by the Foreign Trade (Development and Regulation) Amended Act, 2010

Exemption from registration of Real Estate Project under RERA

July 25, 2017 20484 Views 5 comments Print

This article discusses in details about the exemptions from registration of real estate project under RERA (Real Estate Regulation and Development Act, 2016).

GST impact on LANGAR served at Gurudwaras

July 25, 2017 8148 Views 2 comments Print

Punjab government can’t exempt the inputs to langar on its own. It has to put up the matter in GST Council and if council agrees and recommend the same to the Parliament and subsequently if the Parliament approve such scheme of exemption, only than it can be possible.

PwCs report on Transactions in Real Estate Sector

July 25, 2017 2106 Views 0 comment Print

PwC’s comprehensive report on ‘Transactions in the real estate sector’ covers the various tax and regulatory aspects that need to be considered while entering into transactions in the real estate sector.

Valuation of Taxable Supply under GST Laws

July 25, 2017 8880 Views 1 comment Print

The main point is that if supplier and the recipient of the supply are related and price is not the sole consideration for the supply then the said section shall not be applied to determine the value of taxable supply.

7 Ridiculous Insurance Myths Debunked

July 25, 2017 1647 Views 0 comment Print

Don’t let these insurance myths, keep you from achieving your financial goals. Planning for contingencies like death and hospitalization forms an important part of financial planning. Buying a life insurance cover provides money to the dependents of the bread earner on his or her death.

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