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Delhi VAT: New Composition Scheme for Restaurants & Halwais

March 18, 2016 4909 Views 0 comment Print

Every registered dealer whose turnover during the preceding year as well as the expected turnover during the current year does not exceed fifty lakh rupees and who is not making any sales other than that of ready to eat foods and non-alcoholic beverages including cooked food, snacks, sweets, savouries, juices, aerated drinks, tea and coffee etc.

Plastic Waste Management Rules, 2016

March 18, 2016 8821 Views 0 comment Print

Whereas the Plastic Waste (Management and Handling) Rules, 2011 published vide notification number S.O 249(E), dated 4th February, 2011 by the Government of India in the erstwhile Ministry of Environment and Forests, as amended from time to time, provided a regulatory frame work for management of plastic waste generated in the country;

Senior Citizens’ Welfare Fund Rules, 2016

March 18, 2016 8632 Views 2 comments Print

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th March, 2016 G.S.R. 322(E).-In exercise of the powers conferred by section 128 of the Finance Act, 2015, 20 of 2015 the Government hereby makes the following rules, namely:- 1. Short title, extent and commencement.- (1) These rules may be called Senior Citizens’ Welfare […]

CA providing accommodation entries debarred from practice

March 18, 2016 35746 Views 4 comments Print

The allegations against CA Vivek Kapoor were that he was master-mind in a scam of providing accommodation entries to various concerns after charging commission ranging from 1% to 3%.

SEBI Circular on Mutual Funds Dated: 18/03/2016

March 18, 2016 1360 Views 1 comment Print

Consolidated Account Statement (CAS), issued to investors in accordance with Regulation 36(4) of SEBI (Mutual Funds) Regulations, 1996 and circulars thereof, at present provides information in terms of name of scheme!s where the investor has invested, number of units held and its market value, among other details. To increase transparency of information to investors, it has been decided that:

REAL ESTATE BILL – Cheers for Buyers and what for Builders?

March 18, 2016 9145 Views 3 comments Print

The Real Estate (Regulation and Development) Bill, 2016 is finally passed by the Rajya Sabha on 10th March 2016 and is gifted to the nation by our Prime Minister, Shri Narendra Modi. How this bill will bring out cheers to our buyers? Is it doing some sort of disfavour to the Real Estate Sector? Will benefit […]

Sukanya Samriddhi Account Rules, 2016

March 18, 2016 12208 Views 0 comment Print

Sukanya Samridhi Account may be opened by the guardian in the name of a beneficiary who has not attained the age of ten years as on the date of opening of the Account:

Exemptions to Listed Entities: SEBI (LODR) Regulations, 2015

March 18, 2016 45535 Views 7 comments Print

The LODR Regulations serve to consolidate the provisions of the various listing agreements in operation for different segments of the capital markets, such as equity listings (Main Platform & SME), listing of debt instruments, preference shares, Indian depository receipts, securitized debt instruments, units of mutual fund and any other securities specified by SEBI time to time. Further, the Regulations have been structured to align the provision of Companies Act, 2013 with the provision of Listing Agreement.

Framework for Revival and Rehabilitation of MSMEs

March 17, 2016 1186 Views 0 comment Print

In order to provide a simpler and faster mechanism to address the stress in the accounts of MSMEs and to facilitate the promotion and development of MSMEs, the Ministry of Micro, Small and Medium Enterprises, Government of India, vide their Gazette Notification dated May 29, 2015 had notified a ‘Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises’.

Guidelines for Standalone PDs participation in Exchange Traded Currency Futures

March 17, 2016 655 Views 0 comment Print

RBI issued guidelines permitting standalone Primary Dealers (PDs) to participate in the exchange traded currency futures on approved stock exchanges subject to adherence to certain risk control measures and without diluting their existing obligations in the G-sec market

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