SEBI (LODR) regulations has been divided into various chapters depending upon the nature of securities, like chapter IV that prescribe the obligations for those Listed Entities which has listed its Specified Securities and chapter V prescribe the obligations for those Listed Entities which has listed its Non-Convertible Debt Securities and Non-Convertible Redeemable Preferences Shares.
Dayal R Kundani The Maharashtra Budget for F.Y. 2016-17 was pronounced on 19th March, 2016. In the Speech the Finance Minister has made the following proposals while presenting the Budget. Contents of Key proposals Value Added Tax – RATE CHANGE Increase of rate of tax from existing 5% to 5.5% Reduction in Tax on LED […]
Daily worship of God in a temple is done by Hindus in India. It is not a ritual as many people think, but a way of life. It is meant for 1) physical exercise when a person walks around the shrines 2) meditation by focussing on the divine sculpture made out of wood or stone results in greater concentration and peace of mind
Private Placement under Section 42 of Companies Act, 2013 with Rule 14 of Companies Prospectus and Allotment of Securities Rules, 2014. 1. A Company can make Private Placement through issue of Private Placement offer letter (Form PAS-4 as attachment in Form GNL-2).
The Uttarakhand Cess Act, 2015 was enacted by the The Uttarakhand legislative Assembly vide notification- 334/XXXVI(3)/2015/57(1)/2015 dt. Dehradun, November, 2015. with a clause that it shall come into force on such date as the state Government may, by notification, appoint and different dates may be appointed for different provisions of this Act.
Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Public Notice No.66/2015-2020 New Delhi, the Dated: 21 March, 2016 Subject:- Allocation of additional quantity for export of sugar to USA under Tariff Rate Quota (TRQ). In exercise of the powers conferred under Paragraphs 2.04 of the Foreign Trade Policy, 2015-2020, the […]
GoDaddy India Web Services Private Limited (hereinafter also referred to as applicant) proposes to enter into a ‘Services Agreement’ with GoDaddy.com, LLC (hereinafter also referred to as ‘GoDaddy US’) located in Arizona, USA and incorporated in Delaware, USA. GoDaddy US is a domain name registrar
Marketing and promotion services: Applicant proposes to engage in promotion and marketing of GoDaddy US services in India. This would essentially include increasing the awareness of services provided by GoDaddy US and establishment of the brand GoDaddy in India.
It is observed that in this case, provider of service i.e. the applicant, is located in India, which is the taxable territory; recipient i.e. GoDaddy US is located in USA; the service to be provided by the applicant i.e. business support services is not specified under Section 66 D i.e. Negative List Services;
The question is very simple and clear as to whether the sale of the books to the Indian entities involves any ‘service’ and would attract the service tax liability. The answer is clearly in negative. It is therefore, hold that this service does not entail and invite any liability for service tax.
