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VKGUY benefits on export of grapes including packing material

August 4, 2016 6613 Views 0 comment Print

It is, hereby, clarified that grapes packed in imported packing material do not fall under ineligible category mentioned under para 3.17.2(ii) of FTP and, therefore, exporter is entitled for VKGUY benefit on FOB value i.e. without deducting the cost of imported packing material.

Anti-dumping duty on Sewing Machine Needles import from China

August 4, 2016 20354 Views 0 comment Print

G.S.R.(E)-Whereas, the designated authority vide notification No. 15/02/2016-DGAD, dated the 10th June, 2016, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 1 0th June, 2016, has initiated review, in

Corporate Social Responsibility

August 3, 2016 25465 Views 0 comment Print

Since the Ministry of Corporate Affairs is keen to move its attitude towards social development, they inserted a welcome provision of “CORPORATE SOCIAL RESPONSIBILITY” wide section no. 135 in new companies act, 2013.

Don’t Bargain Under These Circumstances

August 3, 2016 20017 Views 0 comment Print

Bargain means a method to strike a deal or settlement through an interaction involving two or more persons. It’s a negotiation made to arrive at a mutual answer or agreement. Bargain is very popular among the business communities for generating profits. However, it is very common in daily life.

Draft Real states rules: Timely delivery is essence of Agreement

August 3, 2016 20302 Views 0 comment Print

Timely completion of the project and timely delivery of the apartment or plot to the allottee by the promoter is the essence of the Agreement to be signed between the promoter and alottee under the Real Estate (Development & Regulation) Act,

Compensatory Afforestation Fund Act, 2016

August 3, 2016 19994 Views 0 comment Print

An Act to provide for the establishment of funds under the public accounts of India and the public accounts of each State and crediting thereto the monies received from the user agencies towards compensatory afforestation, additional compensatory afforestation, penal compensatory afforestation

7 less-known facts about financial planning

August 3, 2016 20416 Views 0 comment Print

Money and math are the two very common concepts that most people will relate to the process of financial management. But managing money involves a lot more. Traditionally financial planning was all about securing one’s future, or saving for the retirement, but let us now observe a

Reg. Issuance of rupee bonds to overseas investors by Indian companies

August 3, 2016 19972 Views 0 comment Print

The Ministry has received references from stakeholders seeking clarity on applicability of provisions of Chapter III of the Companies Act. 2013 (Act) and rule 18 of Companies (Share Capital and Debenture) Rules. 2014 to the issue of rupee bonds by Indian companies exclusively to persons resident outside India in accordance with applicable sectoral regulatory provisions.

Goods and Services Tax – Overview of Model Law Released in June 2016

August 3, 2016 20954 Views 0 comment Print

One subject which has been in the news in the last few years on the taxation front has been implementation of the Goods and Services Tax law. While the law should ideally have been introduced six years ago it has been pending implementation for various reasons with major

14 FAQs on Goods and Services Tax (GST)

August 3, 2016 38186 Views 0 comment Print

GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage.

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