Since March, 2016 there has been number of amendments has been made in respect to service tax on legal services and the same has been discussed as under. Notification No. 18/2016-ST dated 01.03.2016 has amended Notification No. 30/2012-ST dated 20.06.2012 due to which, in respect of legal services which were covered under full reverse charge has been amended as follows
This is to inform you that as per the Notification No. 37/2016: F.No. 370142/12/2016-TPL dated 27 May 2016 read with Finance Act, 2016, Government of India has levied an ‘Equalisation Levy’ on provision of online advertisement services or any other service or facility for the purpose of online advertisement by a Foreign Company provided on […]
CBDT has vide Notification No 1/2016 Dated: 09th June, 2016 notified due date for furnishing 15G/15H declarations for the period from 10.10.2015 to 31.03.2016 and for the period starting from 01.04.2016. The due date for quarterly furnishing of 15G/15H declarations received by the payer from 1.4.2016 onwards shall be: Sl. No Date of ending of […]
GST is levied only at the Destination point and not at all point from manufacturing to retail outlets. It is taxed only at the value addition at each stage and supplier at each stage is permitted to set off through tax credit mechanism which would eliminate all cascading effect.
It is hereby clarified that Where no material shareholder/owner entity is identified in the ODI subscriber using the materiality threshold (referred at 2.1 of SEBI circular dated June 10, 2016), the identity and address proof of the relevant natural person who holds the position of senior managing official of the ODI subscriber entity should be obtained.
Press Information Bureau Government of India Ministry of Information & Broadcasting 10-June-2016 11:34 IST I&B Ministry frames New Print Media Advertisement policy Policy to focus on Transparency & Equity in release of Government ads Ministry of Information & Broadcasting has framed a New Print Media Advertisement Policy for Directorate of Advertising & Visual Publicity (DAVP) […]
By circular 28/2009 – Cus dated 14.10.2009 the Board had in order to avoid divergent practices and to streamline supply of precious metal for exports, laid down a procedure for duty free import of gold/silver/platinum by nominated agencies for supply to exporters
The systems and procedures adopted by the ODI Issuers to comply withsuch conditions, vary from one ODI Issuer to another. In order to bring about uniformity and increasethe transparency in this regard, SEBI had held discussions with the stakeholders. Taking into consideration the inputs received during the discussion process
Air pollution to cause 6-9 million premature deaths and cost 1% GDP by 2060 9/6/2016 – Outdoor air pollution could cause 6 to 9 million premature deaths a year by 2060 and cost 1% of global GDP – around USD 2.6 trillion annually – as a result of sick days, medical bills and reduced agricultural […]
If we want to get onto a path of stronger and more sustainable growth, we need better coordinated policies that put the pieces of our fragmented world back together in a more harmonious way,
