The term aggregator implies that there should be a web-based software application and a communication device to connect potential customers with the service providers to provide services under the brand name/trade name of the person owning the software application.
List of services, payments for which are received in Rupee terms and which can be counted towards discharge of Export obligation under the EPCG Scheme, is notified. Appendix 3E shall not be applicable for EPCG scheme.
A new Appendix 5D is being notified containing list of services, payments for which are received in Rupee terms and which are to be counted for fulfilment of Export Obligation under EPCG scheme.
Several complaints are being received regarding delay in disbursal of rewards to informers. The matter was discussed in the last Conference of Chief Commissioners of Customs/Directors General, held in January 2016 wherein, it was decided to inter-alia put in place a suitable mechanism in the field formations to monitor cases becoming ripe for disbursal of reward.
Derivatives are an integral risk management tool for most of the business entities and financial institutions. Most of the bigger and mid-size companies in India use derivatives to manage foreign currency, interest rate and commodity price risks. Derivatives foster financial innovation and contribute to the completeness of financial markets.
Seeks to levy definitive anti-dumping duty on imports of Measuring Tapes originating in, or exported from Chinese Taipei, Malaysia, Thailand and Vietnam for a period of five years GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 16/2016-Customs (ADD) New Delhi, the dated 2nd May, 2016 G.S.R. (E). – Whereas, in the matter […]
While filing the reports, the acquirers are required to report compliance under Chapter V of the regulations. However, there is no specific time period mentioned in the formats for reporting of such compliance. In order to bring it in line with the requirement under regulation 10(1)(a), it is necessary that the compliance should be reported for a period of 3 years. Accordingly, the aforesaid formats have been modified to this extent and are given in the Annexure to this circular.
Marine contracts are highly customizable and can easily be tailored to an individual’s specific marine situation with optional add-ons to cover damage caused during towing (both on and off-water), and so on. Basic policies cover any accidental damage that may occur as a result of a collision, sinking or vandalism. The contracts can be generally classified into 2 types:
For determining the tax-treatment of income arising from transfer of unlisted shares for which no formal market exists for trading, a need has been felt to have a consistent view in assessments pertaining to such income. It has, accordingly, been decided that the income arising from transfer of unlisted shares would be considered under the head ‘Capital Gain’, irrespective of period of holding
In exercise of the powers conferred by sub-sections (5) and (6) of section 125 of the Companies Act, 2013 read with rules 5 and 7 of the Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding meetings and provision for offices and officers) Rules, 2016 (herein after referred to as the said rules), the Central Government hereby constitutes the Investor Education and Protection Fund Authority consisting of following persons, namely:-
