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Edelweiss launches Security Trading app ‘EMT 3.0’

November 19, 2015 902 Views 0 comment Print

To make trading easy and convenient for the ultramodern generation, Edelweiss launched their app ‘EMT 3.0’. Now you can invest in securities via this platform from anywhere and everywhere. The available features are easy to use and the user can obtain a market overview in a single glance. Not just this, the app constantly helps you stay updated about the prevailing trends in the market with a dedicated news section and real time updates.

Clause 49 -Corporate Governance and Company Law Provisions

November 19, 2015 174453 Views 4 comments Print

Corporate Governance is based on principles such as -Conducting the business with all integrity & fairness,- Being transparent with regard to all the transactions,- making all necessary disclosures,- Complying with applicable Law,- Accountability & responsibility towers the stakeholder.

Exchange Rate Notification No.112/2015-Customs (NT) Dated 19.11.2015

November 19, 2015 1391 Views 0 comment Print

Notification No. 112/2015 – Customs (N.T.) CBEC hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 20th November, 2015, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

Clarification on FDI Policy on Single Brand Retail Trading

November 19, 2015 1174 Views 0 comment Print

Can the brand owner or non-resident entity/entities undertake single brand retail trading of the specific brand through more than one company in India?

Swachh Bharat Cess – Ready Reckoner

November 19, 2015 66447 Views 44 comments Print

Will SBC be leviable on exempted services and services in the negative list The Central Government vide notification No 22/2015-ST dated 6th November 2015, has notifiedthat SBC shall be applicable on all taxable services except services which are either fully exempt from service tax under any notification issued under section 93(1) of the Finance Act, 1994 or are otherwise not leviable to service tax under section 66B of the Finance Act, 1994.

Process of extension of re-warehousing period of Bonded capital goods – reg

November 19, 2015 553 Views 0 comment Print

STP units have brought to the notice of Board that the process of renewal/extension of the Private Bonded Warehouse License and the extension of warehousing period for the bonded capital goods are not co-terminous and are handled by different authorities, thereby creating difficulties for them.

RBI allows Regional Rural Banks to provide internet banking to customers

November 19, 2015 916 Views 0 comment Print

Presently, Regional Rural Banks (RRBs) are not permitted to provide internet banking facilities to their customers. With a view to enhancing customer service and taking into account demand for such services, it has been decided to allow RRBs to extend the facility of internet banking to their customers. The guidelines applicable to all the Regional Rural Banks are as follows:

Trade facilitation – Monitoring of pending bills of entry

November 18, 2015 484 Views 0 comment Print

F. No. 450/25/2009-Cus.lV While reviewing various measures put in place for trade facilitation in recent months including the ;Customs Clearance Facilitation Committee, the Board has felt that Commissioners and Chief Commissioners need to increase their involvement by closely monitoring pending Bills of Entry.

Swachh Bharat Cess – Not Cenvatable But Refundable

November 18, 2015 33233 Views 11 comments Print

I think the word Cess included in the name has created lot of fog in the minds of the tax payer as to whetherSwachh Bharat Cess should be applied on service tax value or on the value of services. To remove the doubts of tax payers, the CBEC came with a FAQ, a couple of days back giving clarity with good examples for all the pattern of payments.

Notification No. G.S.R. 883(E), Dated: 18.11.2015

November 18, 2015 886 Views 0 comment Print

In exercise of the powers conferred by the proviso to article 309 of the Constitution and in supersession of the Income Tax Department non statutory Departmental Canteens Recruitment Rules 2004.

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