(i) Import through both sea ports and airports in Kolkata, Chennai, Mumbai & Cochin; and land port & airport in Delhi. (ii) Import of apples is also allowed through India’s land borders.
The current article would be focusing on the historical background of Goods and Services Tax and how it has evolved over the period in India. In almost all the budget speeches since the year 2006-07, there has been a reference to the implementation of GST. All the steps have been discussed herewith to showcase the process and preparation for the implementation of GST by the Government of India.
It is hereby informed that in terms of decision taken by the Examination Committee, declaration of ranks in respect of Common Proficiency Test(CPT), has been discontinued with effect from CPT held in December, 2015 onwards.
There is no doubt that the Subsection (3) of Section 6 of the RTI Act is a BOON to the Citizens/Applicants under the Act, so long the PIOs and FAAs at the Departments are functioning well by clearly understanding the spirit behind & specific purpose of this section. Otherwise, it is sure to be proved as a CURSE.
Notification No. 1/2016 In the notification of the Government of India in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 93/2015, dated the 16th December, 2015, published vide number G.S.R. 978(E), dated the 16th December, 2015, in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i), at page 17, in line 49, for does not exceed read exceeds.
PR No. 10/2016 SEBI Board Meeting The SEBI Board met in Mumbai today and took the following decisions: 1. Review of prudential limits on investments by Mutual Funds The Board deliberated the proposals relating to review of prudential limits at issuer and sector level and the need to introduce such limits for group level exposure. […]
CIRCULAR No. CIR/CDMRD/DEA/01/2016 In terms of Finance Act, 2015, the associations recognized under the erstwhile Forward Contracts (Regulation) Act, 1952 as on 28th September, 2015 are deemed to be recognized stock exchanges under the Securities Contracts (Regulation) Act, 1956. This circular applies to all such commodity derivatives exchanges as defined in the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2015.
No. SEBI/LAD-NRO/GN/2015-16/29.-In exercise of the powers conferred by section 31 of the Securities Contracts (Regulation) Act, 1956 read with sections 11 and 30 of the Securities and Exchange Board of India Act, 1992, the Securities and Exchange Board of India hereby makes the following regulations to further amend the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, namely:—
The concerned commodity derivatives exchange shall set aside sufficient funds in order to provide for settlement of any claims, pertaining to pending arbitration cases, arbitration awards, not implemented
Notification No.03/2016-Customs- Seeks to rescinding Notification No. 09/95-Customs dated 06.03.1995 – Exemption to specified goods when imported into India from the Union of Myanmar
